Current News & Events
Report: Fewer Homebuyers Making All-Cash Purchases, Using FHA Loans
One in seven homebuyers (14.4%) used FHA loans in December, down from 15.1% one year earlier. Continue Reading Report: Fewer Homebuyers Making All-Cash Purchases, Using FHA Loans
Chinese Company Forced to Divest Land Near Utah Military Bases
A Chinese company with ties to the Chinese Communist Party was forced to sell land it owned near two military installations in Utah. The Epoch Times reports Mitime Utah Investment LLC received a letter from the state last November ordering it divest the property, a...
South Carolina Real Estate Fraudster to Serve Federal and State Prison Terms
Samantha A. Nottingham is also prohibited from opening new lines of credit without approval from the federal probation department. Continue Reading South Carolina Real Estate Fraudster to Serve Federal and State Prison Terms
Honolulu City Council Considers Property Tax Relief Measures
Budget and Fiscal Services Director Andy Kawano warned that these measures could result in lost revenue that is not easily replaced. Continue Reading Honolulu City Council Considers Property Tax Relief Measures
Mortgage Rates Remain Flat
Fannie Mae predictied mortgage rates will end 2025 and 2026 at 6.4% and 6.0%, respectively. Continue Reading Mortgage Rates Remain Flat
New Single-Family Home Sales Up Slightly During June
Sales of new single-family houses in were at a seasonally adjusted annual rate of 627,000 during June, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. The sales activity is a mild 0.6% rise above the May...
Home Sale Profits Up Slightly During Q2
In pure dollar figures, the large metro areas with the highest typical profit on a home sale were all on the West Coast. Continue Reading Home Sale Profits Up Slightly During Q2
Fannie Mae Sued for Discrimination by Over 60 Former Employees
Neither Fannie Mae nor Pulte have publicly commented on the lawsuit. Continue Reading Fannie Mae Sued for Discrimination by Over 60 Former Employees
Chicago Mayor Downplays CFO’s Remarks of a ‘Likely’ Property Tax Hike
“We have a working group that is coming up with a lot of ideas,” said Mayor Johnson. Continue Reading Chicago Mayor Downplays CFO’s Remarks of a ‘Likely’ Property Tax Hike
Opendoor Adds Cash Plus to Product Suite for Sellers and Agents
Cash Plus is currently available to Key Connections agent partners in Dallas, Nashville, and Raleigh. Continue Reading Opendoor Adds Cash Plus to Product Suite for Sellers and Agents
Neighborhood Ventures Completes Fourth Distressed-Asset Purchase
The property was acquired through a pre-foreclosure, forced sale transaction for $10.7 million. Continue Reading Neighborhood Ventures Completes Fourth Distressed-Asset Purchase
Trump to Tour Fed HQ
Trump acknowledged it was “highly unlikely” for him to force Powell out “unless he has to leave for fraud.” Continue Reading Trump to Tour Fed HQ
