Current News & Events
Report: Land Prices Soared 77% Since the Pandemic
Raw land has appreciated the most of any development category, up 86.5% since the first quarter of 2019. Continue Reading Report: Land Prices Soared 77% Since the Pandemic
PennyMac Unveils Special Mortgage Program for Team USA Olympic Athletes
PennyMac Financial Services Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT), the Official Mortgage Provider of Team USA and the 2028 Los Angeles Olympic and Paralympic Games, had unveiled the “Welcome Home: Athlete Mortgage Program,” an initiative...
Development Promoted as ‘First Solar Town’ Planned for Houston Area
The first portion of the development will encompass three 30-foot-high concrete wall industrial buildings. Continue Reading Development Promoted as ‘First Solar Town’ Planned for Houston Area
Trump Ally Sues to Open Fed’s Rate Policy Meetings to the Public
“It’s never been more confusing to understand why the Fed is doing what it’s doing,” said Azoria Capital’s James Fishback. Continue Reading Trump Ally Sues to Open Fed’s Rate Policy Meetings to the Public
Trump Tours Fed HQ with Powell
The president declined to denigrate Powell before the media, stating “I don’t want to be personal.” Continue Reading Trump Tours Fed HQ with Powell
Wisconsin’s June Home Sales Up for First Time in 4 Years
In review of the first half of the year, the WRA found home sales were up by a scant 0.1% from the first six months of 2024. Continue Reading Wisconsin’s June Home Sales Up for First Time in 4 Years
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















