High-profile real estate investor Grant Cardone is proposing a new push for multifamily housing construction as the best solution for addressing the nation’s housing shortage. In a post on X, Cardone pointed to rising costs, labor shortages, and bureaucratic delays in...
The City of Philadelphia is now using a new deed fraud detection technology that can verify if the signatory on the title was alive when property ownership was transferred. The technology involves an automated vital status verification system that compares the names...
Real estate investors mostly stayed away from the housing market during the second quarter, according to new data from Redfin. Between April and June, investors only acquired roughly 52,000 homes, a 6% year-over-year decline and the biggest drop since the fourth...
The 30-year fixed-rate mortgage averaged 6.50% as of Sept. 4, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.56%, but it is also up from one year ago when it averaged 6.35%....
The latest Housing Risk Report from ATTOM covering the highest risk markets during the second quarter found that 14 were in California, seven were in Florida, five in New Jersey, and four in Louisiana. ATTOM defined risk by affordability, proportion of seriously...
Maryland Gov. Wes Moore has signed an executive order designed to increase housing production by using state-owned land for efficient development while reducing state permitting timelines for new construction. Moore’s “Housing Starts Here” executive order directs...
