The level of commercial/multifamily mortgage debt outstanding reached $4.88 trillion by the end of the second quarter, an increase of $47.1 billion (1%) from the first quarter, according to data from the Mortgage Bankers Association (MBA). Multifamily mortgage debt...
Zeman Homes, the Chicago-headquartered owner-operator of manufactured home communities, has promoted Executive Vice President Michael Bailey to CEO. Bailey will replace interim CEO Jeff Fannon, who returns to his previous post as vice chairman. Prior to joining Zeman...
Homes that are listed as fixer-uppers receive 52% more page views per property than comparable older, affordable homes, according to a data analysis report by Realtor.com. The typical fixer-upper has three bedrooms, two bathrooms and was built in 1958. These homes had...
A Portland homebuyer is suing Zillow (NASDAQ: Z, ZG) for allegedly tricking him into splitting his agent’s commission with the Seattle-based brokerage. The Seattle Times is reporting the lawsuit filed with the US District Court for the Western District of Washington...
A federal judge has granted a preliminary injunction that will temporarily allow for the continued construction on a nearly completed offshore wind project that was shut down by the Trump administration. The Hill reports Judge Royce Lamberth, a Reagan appointee, said...
The Michigan State Housing Development Authority (MSHDA) is partnering with the Tobias Harris Homeownership Initiative (THHI), a program backed by Detroit Pistons icon Tobias Harris, on a new shared-appreciation mortgage pilot with Guild Mortgage and Homium that is...
