The Chicago Bears are still trying to find a location for their proposed domed stadium and are now reportedly taking a second look at a site in Bronzeville, a predominantly Black community in the city. The Chicago Sun-Times cited unnamed sources in reporting the team...
The Canadian government is allocating $9 million to bring 1,500 internationally trained construction professionals into the country. Canada has a significant labor shortage in its construction industry, a problem that is exacerbating the nation’s housing crisis. The...
Hawaiian residents are being warned against a new wave of real estate investment scams, including one that pretends to include actor Jason Momoa. Hawaii’s Department of Commerce and Consumer Affairs issued a warning that the scams involve letters that are designed to...
Mortgage application activity inched up for the week ending Nov. 8, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.5% on a seasonally adjusted basis from one...
The private equity executive Bill Pulte is reportedly being considered to become the next Secretary of the Department of Housing and Urban Development (HUD). Pulte is the CEO of Pulte Capital Partners and has gained prominence for his philanthropic endeavors on X...
Detroit-based Rocket Companies (NYSE: RKT) recorded a $481 million loss in the third quarter on $647 million in total revenue. The company’s dismal third quarter performance followed a mild $178 million profit in the second quarter, when the company’s total revenue...
Hits and Misses for the Real Estate Week of May 11-15
