Affiliates of Harbor Group International, LLC (HGI), a privately owned international real estate investment and management firm headquartered in Norfolk, Virginia, announced the acquisition of The Statesman, a newly built 336-unit multifamily community in the...
Mortgage application activity was on the rise again, according to Mortgage Bankers Association (MBA) data for the week ending Dec. 1. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.8% on a seasonally adjusted basis from...
A former prison in the Harlem section of New York City has been proposed for redevelopment as an affordable homeownership complex. New York Gov. Kathy Hochul has presented Seneca, the selected proposal to repurpose the former Lincoln Correctional Facility, a...
Pacaso, the real estate marketplace focused on the second home market, announced its Top Second Home Markets Report for 2023. Rhode Island’s Newport County (home to the swanky Newport resort) topped the list of 2023 markets with the greatest year-over-year increases...
CBC Mortgage Agency (CBCMA), a Native American wholly owned and federally chartered housing finance agency, has unveiled a buydown feature for its down payment assistance program for FHA first mortgage financing. According to the South Jordan, Utah-based CBCMA, the...
While mobile homes are traditionally less expensive than site-built single-family housing, new data from LendingTree (NASDAQ:TREE) has determined the prices of mobile housing has spiked higher. The average sales price of new mobile homes sold in the U.S. rose by 77.1%...
