Current News & Events
Single-Family Housing Starts Down in January
“The single-family market has slowed as builders continue to deal with elevated construction costs while affordability conditions are a cause of concern for many potential home buyers,” said NAHB’s Bill Owens, Continue Reading Single-Family Housing Starts Down in January
Mortgage Rates Start Rising Again
The 30-year fixed-rate mortgage averaged 6.11% as of March 12, up from last week when it averaged 6.00%. Continue Reading Mortgage Rates Start Rising Again
A Phil Hall Op-Ed: Bill Pulte’s Obsessive Attacks on Jerome Powell
The FHFA director has been endlessly berating the Federal Reserve chairman over the past several days. Continue Reading A Phil Hall Op-Ed: Bill Pulte’s Obsessive Attacks on Jerome Powell
$3.48 Million LA Home Now Available for Cryptocurrency Purchase
The 4,545-square foot residence within the 0.44-acre property is within a 24/7 guard-gated and patrolled community. Continue Reading $3.48 Million LA Home Now Available for Cryptocurrency Purchase
Charles Jones to Lead Multifamily Housing Finance at Western Alliance Bank
He was previously managing director and vice president of originations at M&T Realty Capital Corporation. Continue Reading Charles Jones to Lead Multifamily Housing Finance at Western Alliance Bank
Mortgage Rates Decline for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.67% as of July 3. Continue Reading Mortgage Rates Decline for Fifth Straight Week
Chicago Suburb to Purchase Childhood Home of Pope Leo XIV
The purchase price was not disclosed, and the transaction reverses the village’s earlier threat to seize the property through eminent domain. Continue Reading Chicago Suburb to Purchase Childhood Home of Pope Leo XIV
Detroit Sues Blockchain Real Estate Firm for Widespread Property Violations
The lawsuit cites Real Token LLC, company owners Remy and Jean-Marc Jacobson, and their 165 affiliated corporate defendants. Continue Reading Detroit Sues Blockchain Real Estate Firm for Widespread Property Violations
Nigerian National Convicted for Organizing HELOC Fraud Network
Oluwaseun Adekoya was convicted of bank fraud conspiracy, money laundering conspiracy, and nine counts of aggravated identity theft. Continue Reading Nigerian National Convicted for Organizing HELOC Fraud Network
New Joint Venture to Develop 243-Unit Rental Community in Denver Suburb
The project is being financed through a $57 million construction loan facility from JPMorgan Chase. Continue Reading New Joint Venture to Develop 243-Unit Rental Community in Denver Suburb
Mississippi Man Charged with Assaulting Realtor at Open House
Report: Active Listings Exceed Pre-Pandemic Levels in 22 of 50 Largest Metros
Denver recorded the largest recovery from the pandemic era with a 100% increase in available homes compared to 2017–2019 averages. Continue Reading Report: Active Listings Exceed Pre-Pandemic Levels in 22 of 50 Largest Metros
