Current News & Events
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
New Pilot Program Aimed at Expanding Homeownership in Detroit
The mortgage product will provide qualified borrowers with up to 40% of a home’s purchase price in down payment assistance without adding any monthly debt. Continue Reading New Pilot Program Aimed at Expanding Homeownership in Detroit
Tony Sertich Named Executive Director at the California Housing Finance Agency
Sertich was most recently the assistant deputy director at the Division of State Financial Assistance at the California Department of Housing and Community Development. Continue Reading Tony Sertich Named Executive Director at the California Housing Finance Agency
A Phil Hall Op-Ed: The Smearing of Erik Siebert
The Interim US Attorney was slandered by President Trump after concluding the mortgage fraud case against Letitia James would not stand up in court. Continue Reading A Phil Hall Op-Ed: The Smearing of Erik Siebert
California Home Sales Edged Up During August
The statewide median home price hit $899,140 in August, up by 1.7% from the prior month and up 1.2% from one year before. Continue Reading California Home Sales Edged Up During August
Pennsylvania Home Sales Hold Steady
The median home sales price rose 6.4% to $319,250 in August, up from $300,000 one year earlier. Continue Reading Pennsylvania Home Sales Hold Steady
Matthew Abrusci Named EVP and General Counsel at Freddie Mac
He was previously general counsel at Mitsubishi UFJ Financial Group (MUFG) Americas. Continue Reading Matthew Abrusci Named EVP and General Counsel at Freddie Mac
Housing Supply Drops to 2-Year Low
Redfin attributed the decline to sellers responding to sluggish homebuyer activity, with sales far below pre-pandemic levels. Continue Reading Housing Supply Drops to 2-Year Low
Compass Acquires Anywhere Real Estate for $1.6 Billion in All-Stock Transaction
This transaction will bring together approximately 340,000 real estate professionals globally onto a shared network operating in every major US city and approximately 120 countries and territories. Continue Reading Compass Acquires Anywhere Real Estate for $1.6 Billion in All-Stock Transaction
Peachtree Group Recruits Billy Gilchrist as SVP of Originations
In his new role, Gilchrist will be responsible for originating commercial real estate and hotel investments across Peachtree’s lending platform. Continue Reading Peachtree Group Recruits Billy Gilchrist as SVP of Originations
Stellar MLS in Data Access Pact with Miami Association of Realtors
. The collaboration between Florida’s two largest MLSs will expand listing visibility across Miami, Tampa, and Orlando. Continue Reading Stellar MLS in Data Access Pact with Miami Association of Realtors
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