Existing home sales were down 2.5% from July to August, reaching a seasonally adjusted annual rate of 3.86 million in August, according to new data from the National Association of Realtors (NAR). Year-over-year, sales fell by 4.2% from the 4.03 million sales in...
This week’s edition of Tech Trends focuses on new offerings aimed at real estate investors. Multifamily Mortgage Tracking. The Federal Housing Finance Agency (FHFA) released an interactive tool for tracking data on multifamily mortgages that offers details about loans...
Sales of luxury Canadian homes were up in the first eight months of the year compared to the same period in 2023, according to the newly published 2024 Royal LePage Carriage Trade Luxury Market Report. Sales were on the rise in almost all major cities in Canada,...
Atlanta-based Georgia-Pacific LLC, the pulp and paper company, announced plans to transform its 51-story world headquarters and the surrounding city block into a mixed-use property. The proposed development, scheduled for completion in fall 2027, will include more...
A total of 79,540 single-family homes and condominiums were flipped in the second quarter, according to new data from ATTOM. This represented 7.5%, or one of every 13 home sales. The second quarter’s total is down by 8.7% in the first quarter and down by 7.9% in...
The U.S. Department of Housing and Urban Development (HUD) announced a settlement with Toms River, New Jersey-based OceanFirst Bank that resolves charges of redlining in the New Brunswick, New Jersey area. HUD investigated the charges in a probe conducted alongside...
Hits and Misses for the Real Estate Week of Aug. 3-7
