Current News & Events
Kentucky Home Sales Up in February Despite Drop in New Listings
The median sales price in February was $272,000, up 8.58% month-over-month and up 6% year-over-year. Continue Reading Kentucky Home Sales Up in February Despite Drop in New Listings
February New Home Purchase Mortgage Applications Up by 0.9%
Conventional loans composed 49.4 % of loan applications and FHA loans composed 35.3%. Continue Reading February New Home Purchase Mortgage Applications Up by 0.9%
San Francisco Mayor Supports Parcel Tax on Properties to Fund Ailing Mass Transit System
“We believe that a parcel tax is the best mechanism to generate the level of funding needed to support Muni service,” said Mayor Lurie. Continue Reading San Francisco Mayor Supports Parcel Tax on Properties to Fund Ailing Mass Transit System
Report: 1 in 4 Homes Exposed to Acute Climate Risks
“Climate risks are no longer a distant threat for U.S. housing—they are a present reality that put a large chunk of US real estate value at risk,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Report: 1 in 4 Homes Exposed to Acute Climate Risks
Experian Updates System to Enable Review of Consumer Rent Histories and Payments
“We’re helping renters take control of their housing journey,” said Manjit Sohal, vice president of product management for Experian Housing. Continue Reading Experian Updates System to Enable Review of Consumer Rent Histories and Payments
Crittora Introduces Tool for Combating Wire Fraud in Real Estate Closings
The new platform’s features include identity-locked encryption that only allows the intended recipient to access a document. Continue Reading Crittora Introduces Tool for Combating Wire Fraud in Real Estate Closings
Mortgage Application Activity Drops by 1.2%
The FHA share of total applications increased to 19.9% from 19.1% the week prior. Continue Reading Mortgage Application Activity Drops by 1.2%
PennyMac Correspondent Group to Launch Non-QM Products
Pennymac intends to retain servicing on all non-QM products. Continue Reading PennyMac Correspondent Group to Launch Non-QM Products
Federal Reserve Drama: Pulte Schedules Cook-Bashing Event Directly Opposite Miran Confirmation Hearing
Cook has not been indicted and has sued the Trump administration to block its efforts to remove her. Continue Reading Federal Reserve Drama: Pulte Schedules Cook-Bashing Event Directly Opposite Miran Confirmation Hearing
First National Bank to Add 30 New Branches in Next 5 Years
Most of the planned branches will be based in North Carolina, South Carolina and the bank’s Mid-Atlantic Region spanning Maryland, Virginia and Washington, DC. Continue Reading First National Bank to Add 30 New Branches in Next 5 Years
MG Properties Expands into Texas with Acquisition of Dallas-Area Apartment Community
The 361-unit community opened in March 2024 and encompasses one-, two-, and three-bedroom apartments with rents starting at roughly $1,500 per month. Continue Reading MG Properties Expands into Texas with Acquisition of Dallas-Area Apartment Community
Broadshore Capital Partners Announces Management Buyout
The transition to full independence will not impact the firm’s day-to-day operations or client relationships. Continue Reading Broadshore Capital Partners Announces Management Buyout
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