Ginnie Mae announced that it issued $57.3 billion in mortgage-backed securities (MBS) during April, resulting in net portfolio growth of $18.9 billion. As of the end of last month, its MBS portfolio outstanding grew to $2.93 trillion. The April issuance included $55.3...
Following his state visit to China, President Trump has reversed his opposition to Chinese nationals purchasing US farmland. In an interview with Fox News, Trump stated his policy shift was based on market conditions. “Look, it’s not that I love it,” he said. “You...
Centennial, a Dallas-headquartered retail operating platform, announced that founder and CEO Steven Levin will retire on June 30. Levin established Centennial in 1997 and grew the company into a national retail real estate owner and operator overseeing more than 25...
A new chairman at the Federal Reserve, a new real estate tax to bite Big Apple homebuyers, and London’s most famous rooftop will open to the public. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 11-15. Hit: A New...
Florida recorded 24,129 closed sales of existing single-family homes last month, up 2.4% year-over-year, while existing condo-townhouse sales totaled 9,309, up 6.9% year-over-year. According to data from Florida Realtors, new pending sales of existing single-family...
The NRP Group and the Housing Authority of Travis County have broken ground on Sanara, a new 348-unit affordable housing community in Southeast Austin. The new development All of the units are reserved for households earning up to 60 percent of the Area Median Income...
