The Jacksonville, Florida-based homebuilder Dream Finders Homes Inc. (NYSE: DFH) has acquired the core homebuilding assets of privately held homebuilder, Crescent Ventures LLC. The financial terms of the deal were not disclosed, although the companies noted the...
Catalyst Impact Fund, Inc. (CIF), a California-based nonprofit housing investor, has acquired 787 The Alameda, a 168-unit multifamily community in San Jose. The financial terms of the deal were not disclosed. CIF stated future leasing at the 2018-built property will...
Tammac Holdings Corp., a Wayne, Pennsylvania-based provider of financial solutions in the manufactured housing industry, has received license approval to offer manufactured and mobile home loans in the states of Michigan and Alabama. “Tammac is excited to extend our...
The 30-year fixed-rate mortgage averaged 6.63% as of Feb. 1, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down last week when it averaged 6.69%, and it is up from the 6.09% average of one year ago at this time. The...
The number of homes actively for sale during January increased by 7.9% from one year earlier, according to data from Realtor.com, which added median listing prices recorded a growth of 1.4% compared to the same time last year. In January, more than half of the 50...
A new data report from ATTOM determined 46.1% of mortgaged residential properties were considered equity rich in the fourth quarter of 2023, down from 48% one year earlier and down from 47.4% in the third quarter for the second consecutive quarterly decline. The...
