Avalon Risk Management, a provider of commercial property insurance, is now offering a hurricane insurance product for multifamily and commercial property owners in most Tier 1 wind zones. The Scottsdale, Arizona-based company stated the new product can provide...
The typical mortgage holder pays roughly $1,300 in principal and interest per month, according to a new data report from Realtor.com. However, to purchase a typical home in today’s market, these homeowners would need to make a monthly payment of nearly $2,236,...
Mortgage credit availability was on the rise during November, according to the Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). The MCAI rose by 0.7% to 107.5 in November; the index was benchmarked to 100 in March 2012. The...
The Real Brokerage Inc. (NASDAQ: REAX) announced that Southern California real estate leader Freeman Wang and his 50-agent team have joined Real through Harvest Realty, which operates under Real’s Private Label program. Wang’s team closed 430 homes totaling $425...
The growing national movement for property tax reforms is spreading to North Carolina, where a new state legislative committee has been formed to formulate strategies to alleviate the burden on homeowners. Carolina Journal reports North Carolina House Speaker Destin...
Elite International Realty, a full-service real estate brokerage and consulting firm, has rolled out Retail by Elite as its newest specialized division. According to the Miami-based company, Retail by Elite will support retailers from the early development stages...
Hits and Misses for the Real Estate Week of May 4-8
