A civil rights organization is seeking to force the reversal of a state-approved moratorium on affordable housing in an affluent Connecticut down. The median household income in New Canaan, Connecticut is $214,977, and the cost of living is 30% higher than the average...
HomeStreet Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, has agreed to sell to Bank of America (NYSE:BAC), on a servicing retained basis, $990 million of multifamily commercial real estate loans, at a price, including the value of the retained servicing,...
Homebuyers seeking to buy property using Bitcoin (BTC) will find the most expensive and most affordable properties in Asia, with average property prices around 2.5 BTC. A new data report from NFTevening used a Bitcoin-to-US Dollar exchange rate of $100,000 per BTC,...
Mortgage rates ended 2024 hovering back to within the vicinity of the 7% level, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.85% as of Dec. 26, up from last week when it averaged...
The real estate development firm Thompson Thrift announced plans to develop Heritage on Hover, a 324-unit Class A multifamily community in the Boulder, Colorado-area suburb of Longmont. The property will encompass three-story buildings with one-, two- and...
Tech billionaire Larry Ellison has crossed the Atlantic to buy a London office property for roughly $202.8 million. The Oracle co-founder acquired the property from the Hong Kong listed investor Chinese Estates. According to a CoStar report, the West End property at...
