Residents of Edmonds, Washington, have been receiving hoax letters on the letterhead of the city government announcing their property is being seized to shelter illegal immigrants. The letters begin with this warning: “Upon the Biden administration’s suspending...
U.S. homeowners with mortgages saw their home equity increase by 9.6% year-over-year during the first quarter, according to data from CoreLogic. This represents a collective gain of $1.5 trillion and an average increase of $28,000 per borrower from one year earlier,...
The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI) sank to an all-time low in May with a 2.5-point drop to 69.4. Last month, only 14% of consumers polled for the survey felt this is a good time to buy a home, down from 20% in the previous month, while...
Mortgage credit availability increased slightly in May, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) inched up by 0.1% to 94.1 in May; the index was benchmarked to 100 in March 2012. The...
DLC, the Elmsford, New York-based owner/operator of open-air retail assets, has acquired the Colony Place shopping center in Plymouth, Massachusetts, for $86 million in an off-market transaction. Colony Place has more than 50 stores and is 94% leased. The shopping...
The San Francisco home whose exterior was used as the Tanner family residence in sitcom “Full House” has been listed for $6.5 million. According to Mansion Global, the Pacific Heights property was owned by the show’s creator, Jeff Franklin, who acquired it for $4...
