The typical U.S. luxury home sold for a record $1.17 million during the fourth quarter of 2023, according to new data from Redfin (NASDAQ:RDFN), an 8.8% year-over-year increase. In comparison, prices of non-luxury homes increased at half the pace, rising 4.6%...
Total Lender Solutions, a San Diego-based company specializing in complex and comprehensive nonjudicial foreclosures, has acquired the assets of Mortgage Lender Services, a foreclosure processing firm based in Sacramento, and its sister company Sunrise Assessment. The...
LendingOne, the Boca Raton, Florida-based private lender for real estate investment property loans, has hired Joe Hullinger as executive vice president. Hullinger is a mortgage industry veteran with 35 years of experience building sales teams and managing multi-site...
AmTrust Financial Services Inc., a New York City-headquartered global specialty property casualty insurer, has appointed James Thanasules as president of AmTrust Title Insurance Company. In this new job, Thanasules will oversee AmTrust Title’s operations providing...
The Federal Reserve has decided to keep rates at their current rate of 5.25% to 5.5%. The central bank’s policy making Federal Open Market Committee stated that “economic activity has been expanding at a solid pace,” with strong job gains and low unemployment. And...
The National Association of Realtors (NAR) has launched its sixth iteration of the “That’s Who We R” national advertising campaign, featuring a new season of its “First-Time Buyer” series. The campaign highlights various challenges that emerge when...
Hits and Misses for the Real Estate Week of June 29-July 3
