The Mexican government is addressing the country’s affordable housing challenge with a new initiative that seeks to build one million homes and offer zero-interest mortgages. Newsweek reported the administration of recently inaugurated President Claudia Sheinbaum’s...
The government of St Kitts and Nevis has lowered the required monetary level that enabled real estate investors to gain citizenship in the Caribbean nation. The St. Kitts and Nevis Citizenship by Investment (CBI) program previously offered citizenship to investors who...
National Association of Realtors (NAR) Chief Economist Lawrence Yun is projecting an 11% higher level of new home sales in 2025 and 8% higher level in 2026, with the median home price forecast to be 2% higher in both 2025 and 2026. “Maybe the worst is coming to an...
Chrissi Rhea, the former president and CEO of Knoxville, Tennessee-based Mortgage Investors Group, passed away on Nov. 8 following a bout with cancer. Rhea co-founded Mortgage Investors Group with Chuck Tonkin in 1989 with seven employees. Today, the company employs...
The Home Depot Foundation announced it will invest $10 million into projects designed to help veterans age in their current residences and avoid homelessness. The foundation cited recent projections from the Department of Veterans Affairs (VA) that determined the...
MacKenzie Realty Capital Inc., an Orinda, California-headquartered real estate investment trust focused on multifamily and office properties, has received approval to list its common stock on the Capital Market tier of The Nasdaq Stock Market LLC under the symbol...
Hits and Misses for the Real Estate Week of May 11-15
