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MBA: Homebuyer Affordability Improved Slightly in June

MBA: Homebuyer Affordability Improved Slightly in June

by Phil Hall | Jul 30, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuyer affordability showed a very mild improvement in June, with the national median payment applied for by purchase applicants decreasing to $2,191 from $2,198 in May. However, according to the Mortgage Bankers Association (MBA), the national median payment was...
LPT Realty Parent Company Files Confidential IPO with SEC

LPT Realty Parent Company Files Confidential IPO with SEC

by Phil Hall | Jul 30, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

LPT Aperture Holdings (LPTA), the operating name of LPT Holdings Inc., announced that it confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its common...
Film Producer Charged with Defrauding Investors to Finance Real Estate Deals

Film Producer Charged with Defrauding Investors to Finance Real Estate Deals

by Phil Hall | Jul 30, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A prominent film producer and financier has been arrested and indicted for allegedly defrauding clients of more than $100 million by soliciting them to invest in purported entertainment projects, only to redirect the money to fund unrelated real estate developments....
AvalonBay Communities and Equity Residential Reveal New Brand for Merged Companies

AvalonBay Communities and Equity Residential Reveal New Brand for Merged Companies

by Phil Hall | Jul 30, 2026 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The multifamily developers AvalonBay Communities Inc. (NYSE: AVB) and Equity Residential (NYSE: EQR) announced that Vivmark Residential will be the new name of their merged company. In a press statement, the companies explained the name Vivmark derives from “viv, from...
Jed Dolson Promoted to Co-CEO of Green Brick Partners

Jed Dolson Promoted to Co-CEO of Green Brick Partners

by Phil Hall | Jul 30, 2026 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Green Brick Partners, a Plano, Texas-based homebuilder, announced the promotion of President and Chief Operating Officer Jed Dolson to co-CEO, effective Oct. 15. Dolson joined Green Brick Partners in 2013 as the head of land acquisition and development. During his...
Mortgage Rates Rise to One-Year High

Mortgage Rates Rise to One-Year High

by Phil Hall | Jul 30, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates rose for the fourth straight week to reach their highest level in a year, according to the Primary Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.66% as of July 30, up from last week when it averaged...
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