Utah Gov. Spencer Cox has announced a plan to build 35,000 starter homes by 2028. According to a report in the Deseret News, Cox dubbed his plan the Utah First Homes program and framed the proposal as a strategy to address the state’s housing shortage. Cox unveiled...
California, New Jersey and Illinois have the highest concentrations of the most-at-risk housing markets in the country, with the biggest clusters in the New York City and Chicago areas and in central California, according to the third quarter Special Housing Risk...
Consumer sentiment regarding the housing market remains low, according to the latest Home Purchase Sentiment Index (HPSI) published by Fannie Mae (OTCQB: FNMA). For November, the HPSI dropped by 0.6 points from the previous month to 64.3, keeping it within the bounds...
Rice Park Capital Management LP, a Minneapolis-based, private investment firm, announces it has formed an advisory board for its strategic equity investing strategy (RPC Ventures) that is designed to provide expert insight related to the real estate, mortgage and...
Alliant Credit Union, a Chicago-based institution with more than 800,000 members and more than $19 billion in assets, has expanded the mortgage product line-up for its membership. Alliant will now be providing three federal mortgages – FHA, VA and USDA – along with a...
Former Major League Baseball star Johnny Damon is listing his amenity-packed mansion in the Orlando suburbs for $30 million. Damon and his wife, Michelle, bought their 4.8-acre parcel within a gated community in Windermere, Florida, in 2007 for $4 million and built...
