Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.19% as of Dec. 4, down from last week when it averaged 6.23%. A year ago at this time, it...
In what might be a first in US history, an incumbent president has a building in the nation’s capital named after him. The Washington Post reports the headquarters of the US Institute of Peace (USIP) has the name “Donald J. Trump” attached to its façade. An unnamed...
Tim Leiweke, who stepped down as CEO of Oak View Group, a Denver-headquartered professional sports and commercial real estate company, following a federal indictment earlier this year that accused him of rigging a bid to build and manage the Moody Center Arena at the...
California was home to four of the five of the riskiest housing markets during the third quarter, according to the latest Housing Risk Report published by ATTOM. The five riskiest housing markets in ATTOM’s analysis were Butte County, California; Humboldt County,...
The homebuilder Century Communities Inc. (NYSE: CCS) announced that its Century Complete brand is now selling new homes at The Timbers, a new community located within 30 minutes of Detroit and Ann Arbor, Michigan. Located near the major commuter routes I-94 and I-275,...
Chappaqua Crossing, a mixed-use development in the affluent New York City suburb of Chappaqua, New York, has been sold for $76.5 million. The property is situated between the Saw Mill Parkway and Route 117 and is the redevelopment of the former Reader’s Digest...
Hits and Misses for the Real Estate Week of May 4-8
