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Pennsylvania Housing Finance Agency Allocates $4.5 Million for 7 Mixed-Use Projects

Pennsylvania Housing Finance Agency Allocates $4.5 Million for 7 Mixed-Use Projects

by Phil Hall | Apr 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Pennsylvania Housing Finance Agency (PHFA) announced $4.5 million will be awarded to seven projects involving the construction or rehabilitation of mixed-use developments. According to the PHFA, the funding was raised through the sale of tax credits under the...
A&D Mortgage Launches Promotion for Northeast Markets

A&D Mortgage Launches Promotion for Northeast Markets

by Phil Hall | Apr 12, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Hollywood, Florida-headquartered A&D Mortgage has announced a spring promotion for the Northeast real estate market. According to the company, eligible mortgage brokers will be able to extend to their clients a special 0.375 price credit for all Non-Qualified...
Study: 38% of Renters Believe They’ll Never Own a Home

Study: 38% of Renters Believe They’ll Never Own a Home

by Phil Hall | Apr 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly two in five (38%) renters don’t believe they’ll ever own a home, according to a new survey by Redfin (NASDAQ:RDFN). This is up from roughly one-quarter (27%) less than a year ago. Nearly half (44%) of renters who don’t believe they’ll buy a home in the near...
$77 Million Aspen Home Sale Breaks Record for Colorado

$77 Million Aspen Home Sale Breaks Record for Colorado

by Phil Hall | Apr 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new record was set in the Colorado housing market with the $77 million sale of a 12,655-square-foot home on 60.78 acres of ranchland in Aspen. The Aspen Times reported the 8-bedroom, 11-bathroom home was purchased in a cash deal. The property, which was built in...
McShane Construction Tapped for New Affordable Housing Complex in Madison, Wisconsin

McShane Construction Tapped for New Affordable Housing Complex in Madison, Wisconsin

by Phil Hall | Apr 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

McShane Construction Company was tapped by Lincoln Avenue Communities to build Canyons, a 60-unit affordable housing residence in Madison, Wisconsin. Positioned on a 1.12-acre site, the building will feature four stories of wood frame construction atop a concrete...
CMG Financial Acquires Norcom Mortgage’s Retail Assets

CMG Financial Acquires Norcom Mortgage’s Retail Assets

by Phil Hall | Apr 12, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

CMG Financial, a mortgage banking firm headquartered in San Ramon, California, announced its retail acquisition of Norcom Mortgage of Hartford, Connecticut. The financial terms of the acquisition were not disclosed. The integration of Norcom Mortgage marks CMG’s...
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