The delinquency rate for mortgages on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.99% of all loans outstanding at the end of the third quarter, according to data from the Mortgage Bankers Association (MBA). The delinquency rate...
An investigative feature published by the New York Times has uncovered a previously unreported aspect of Bill Pulte’s portfolio: ownership of five trailer parks in Florida that are in various stages of disrepair. The trailer park investments were not highlighted in...
A total of 7,177 residential properties were sold in Indiana during October, up 4% from one year earlier, while pending sales totaled 6,795, a 1% dip from the previous year. According to data from the Indiana Association of Realtors (IAR), the 9,517 new home listings...
New York City’s rents continued to soar in the month before Democratic Socialist Zohran Mamdani was elected mayor. According to new data from Miller Samuel Inc. and Douglas Elliman, the median rent for all new Manhattan apartment leases in October was $4,600, up by...
The California Association of Realtors (CAR) voiced its support of enabling homebuyers to assume Fannie Mae and Freddie Mac-backed fixed-rate mortgages. Bill Pulte, the director of the Federal Housing Finance Agency, used his personal X account last week to declare...
The federal government has seized and forfeited approximately $1.18 million in cryptocurrency, which was recently liquidated into US dollars, tied to a real estate fraud scheme. The case was launched with civil complaint in April 2023 by a real estate agent and...
