Total commercial/multifamily mortgage debt outstanding rose to $4.70 trillion at the end of the first quarter, according to new data from the Mortgage Bankers Association (MBA), a $40.1 billion or 0.9% upswing from the previous quarter. Multifamily mortgage debt alone...
A New Jersey-based real estate investor pleaded guilty for his role in a multi-year conspiracy to fraudulently obtain over $54.7 million in loans and to fraudulently acquire multifamily and commercial properties. Aron Puretz was an employee of Apex Equity Group, a...
The U.S housing shortage reached 4.5 million homes in 2022, according to a new data analysis from Zillow (NASDAQ:Z, ZG), up from 4.3 million in 2021. Zillow determined there were roughly 8.09 million “missing households” – individuals or families living...
Home prices inched up by 0.3% from April to May, according to new data from Redfin (NASDAQ:RDFN). This marked the smallest increase on a seasonally adjusted basis since January 2023. On a year-over-year basis, home prices were up by 7.2% – but Redfin insisted annual...
Realtor.com is expanding its buyer representation marketing campaign with a new initiative designed to promote the benefits of buyer’s agents to members of historically underserved and underrepresented communities. According to a press statement from...
Mill Creek Residential, a developer, owner-operator and investment manager specializing in rental housing, has acquired Alister Sunset Valley, a garden-style apartment community in Austin. The 290-unit, three-story community was built in 1997 and was formerly known as...
Senate Approves 21st Century ROAD to Housing Act
