Real estate investors purchased approximately 44,000 homes during the first quarter, up 0.5% from one year ago, according to new data from Redfin (NASDAQ: RDFN). And while the uptick is relatively mild, it marks the first increase since the second quarter of 2022....
Chicago-headquartered JLL (NYSE: JLL) has acquired SKAE Power Solutions, a New York City-based provider of data center technical and project management services. According to the companies, the acquisition of SKAE will enable JLL to provide solutions across the full...
The latest National Association of Home Builders (NAHB) / Wells Fargo (NYSE:WFC) Housing Market Index (HMI) found builder confidence in the market for newly built single-family homes at the level of 45 in May, down six points from April for the index’s first...
A total of 31,649 residential properties carried foreclosure filings in April, down 4% from both the previous month and the previous year, according to data from ATTOM. Nationwide one in every 4,453 housing units had a foreclosure filing in April. The states with the...
Mortgage applications activity recorded a very mild upswing last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s of mortgage loan application volume, increased by 0.5% on a seasonally adjusted basis for the...
Minnesota Attorney General Keith Ellison has filed a lawsuit accusing realtor Chadwick Banken of violating state and federal laws by reportedly selling houses via predatory and illegal contracts for deed and for allegedly discriminating against Muslim homebuyers. The...
Hits and Misses for the Real Estate Week of June 22-26
