Current News & Events
11 Arrested for Running Fraud Ring Targeting Elderly California Homeowners
Eleven defendants have been arrested for running a real estate crime ring that stole the identities of elderly homeowners for title deed theft and loan fraud. According to the indictment, between January 2021 to May 2023 the fraudsters obtained the personal...
Mid-Atlantic Home Sales Down Amid Decline in New Listings
“The outlook for the spring homebuying season in the Mid-Atlantic has become cloudier,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Mid-Atlantic Home Sales Down Amid Decline in New Listings
When Apple Fails, It Fixes; When Regulators Fail, Families Pay
It’s time to demand smarter regulation that protects families, encourages innovation, and keeps the American dream alive for the next generation. Continue Reading When Apple Fails, It Fixes; When Regulators Fail, Families Pay
Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year
The average loan size for new homes increased from $372,745 in July to $374,288 in August. Continue Reading Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year
Builder Confidence Holds Steady
“NAHB expects the Fed to cut the federal funds rate at their meeting this week, which will help lower interest rates for builder and developer loans,” said Chief Economist Robert Dietz. Continue Reading Builder Confidence Holds Steady
FHFA’s Pulte Blasts ‘Fake News’ for Not Backing His Efforts to Remove Fed Gov. Lisa Cook
In comparison, President Trump made no mention of the appeals court ruling on his Truth Social page. Continue Reading FHFA’s Pulte Blasts ‘Fake News’ for Not Backing His Efforts to Remove Fed Gov. Lisa Cook
Plans for Chicago-Area Cricket Stadium Proceed Despite Lack of Team for the Venue
The stadium would operate from April to October, with cricket matches occurring in the evenings and on weekends. Continue Reading Plans for Chicago-Area Cricket Stadium Proceed Despite Lack of Team for the Venue
FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Grant applications are now being accepted through Oct. 3. Continue Reading FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Appeals Court Rejects Trump’s Attempt to Fire Lisa Cook; Senate Approves Miran for Temporary Fed Seat
Neither Trump nor Pulte offered an immediate comment on the court’s ruling. Continue Reading Appeals Court Rejects Trump’s Attempt to Fire Lisa Cook; Senate Approves Miran for Temporary Fed Seat
California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs
It was supported by labor unions who were pleased with the bill’s provisions regarding a mandate for union workers on the new construction. Continue Reading California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs
Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
Historically, Canadians have made up the largest portion of international homebuyers in the US. Continue Reading Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
Bridge Housing Launches Its First Private Equity Fund
“We are innovating every day to extend our reach and capacity to build, acquire, and redevelop affordable housing communities on the West Coast,” said Ken Lombard, president and CEO. “ Continue Reading Bridge Housing Launches Its First Private Equity Fund
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