Current News & Events
Mortgage Delinquency Rate Held Steady in April
Mortgage prepayments, measured as the single month mortality rate, fell 13% as rates moved higher. Continue Reading Mortgage Delinquency Rate Held Steady in April
Report: Canadian Real Estate Professionals Deal with Risk-Averse Clients, Onerous Compliance Burdens
Looking ahead, 43% of respondents said they were confident the market will rebound in the next 12 months, while 25% were pessimistic and 28% remained neutral. Continue Reading Report: Canadian Real Estate Professionals Deal with Risk-Averse Clients, Onerous Compliance Burdens
ICE Blamed for Austin Multifamily Property Going to Special Servicing
The 294-unit Villas Del Sol property fell delinquent on its Freddie Mac loan Continue Reading ICE Blamed for Austin Multifamily Property Going to Special Servicing
Chicago Mayor Renews Effort to Keep the Bears from Relocating
Neither the Bears nor the NFL are considering a future for the team in Chicago. Continue Reading Chicago Mayor Renews Effort to Keep the Bears from Relocating
Mortgage Application Activity Down While Home Prices Continue to Rise
The national median single-family existing-home price rose 0.5% year-over-year to $404,300 in the first quarter. Continue Reading Mortgage Application Activity Down While Home Prices Continue to Rise
Ken Griffin Expands Miami Office Property Following Mamdani’s ‘Tax the Rich’ Video
“We will add far more jobs in Miami over the next decade as an immediate and direct consequence of the mayor’s poor decision here with respect to his posting of that video,” said Griffin. Continue Reading Ken Griffin Expands Miami Office Property Following Mamdani’s ‘Tax the Rich’ Video
ECI Group Partners with ApexOne on $500 Million Multifamily Fund
ECI Group’s capital commitment comes in partnership with Almanac Realty Investors, a business unit of Neuberger Berman. Continue Reading ECI Group Partners with ApexOne on $500 Million Multifamily Fund
Missouri Lawmakers Consider Resolution to Drop Property Taxes for Disabled Veterans
Currently, only disabled veterans who were prisoners of war qualify for property tax exemption in Missouri. Continue Reading Missouri Lawmakers Consider Resolution to Drop Property Taxes for Disabled Veterans
Zillow Preview Listings to Be Available on Realtor.com
The collaboration does not require a special login by users or either platform, and no brokerage relationship is required for access. Continue Reading Zillow Preview Listings to Be Available on Realtor.com
New Home Sales Surged 7.4% in March
The median sales price of new houses sold in March was $387,400, 5.3% decline from the February price of $409,000. Continue Reading New Home Sales Surged 7.4% in March
Studio Home Launches National Franchise Platform
“Over the last 17 years, we’ve proven our panelized building system works in all 50 states,” said Mike Koenig, co-founder of Studio Home. Continue Reading Studio Home Launches National Franchise Platform
CommLoan Adds Land and Build-to-Rent Financing to Platform
“Every deal type we add makes the platform smarter,” said Mitch Ginsberg, founder and CEO of CommLoan. Continue Reading CommLoan Adds Land and Build-to-Rent Financing to Platform
