Current News & Events
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
RE/MAX in $8.5 Million Settlement of Batton Lawsuit
The settlement does not require the company to admit liability. Continue Reading RE/MAX in $8.5 Million Settlement of Batton Lawsuit
New Chief Operating Officer at Ginnie Mae
Joseph M. Gormley will lead Ginnie Mae’s strategic initiatives, operational functions, and risk management efforts. Continue Reading New Chief Operating Officer at Ginnie Mae
eXp Realty Releases Advisory Form for Sellers Planning a Private Listing
The form is open-sourced and available now for agents, brokers, and consumers. Continue Reading eXp Realty Releases Advisory Form for Sellers Planning a Private Listing
Inbound Migration to Sun Belt States Waned in 2024
Tampa recorded a net inflow of just over 10,000 residents last year, less than one-third the 35,000-person net inflow in 2023. Continue Reading Inbound Migration to Sun Belt States Waned in 2024
Builder Confidence Records a Scant Uptick Amid Tariff Jitters
“The recent dip in mortgage rates may have pushed some buyers off the fence in March, helping builders with sales activity,” said NAHB Chairman Buddy Hughes. Continue Reading Builder Confidence Records a Scant Uptick Amid Tariff Jitters
Canadian Housing Starts Down in March
Montreal posted a 138% year-over-year increase in actual housing starts in March. Continue Reading Canadian Housing Starts Down in March
Leadership Shifts at American Financial Resources
Robert Pieklo joined AFP as COO in February 2024 following its acquisition by Proprietary Capital. Continue Reading Leadership Shifts at American Financial Resources
Mortgage Application Volume Down 8.5%
The Refinance Index decreased 12% from the previous week. Continue Reading Mortgage Application Volume Down 8.5%
The Most Affordable City for Rental Housing Is…
Miami ranked last in the new study of more than 180 cities. Continue Reading The Most Affordable City for Rental Housing Is…
Chris Kelly Becomes Chief Executive at HomeServices of America
Kelly succeeds Gino Blefari, who is transitioning to the role of chairman emeritus. Continue Reading Chris Kelly Becomes Chief Executive at HomeServices of America
NY Attorney General Letitia James Accused of Mortgage Fraud
James claimed a Virginia property she purchased was her principal residence. Continue Reading NY Attorney General Letitia James Accused of Mortgage Fraud
