Current News & Events
Feds Pay $87.4 Million for Pennsylvania Warehouse to Become Immigration Detention Center
The property was previously used as a logistics center and as arena that hosted rodeos and demolition derbies. Continue Reading Feds Pay $87.4 Million for Pennsylvania Warehouse to Become Immigration Detention Center
Eddie Bauer Retail Stores Face Closing Amid Bankruptcy Reports
The Bellevue, Washington-based retailer operates approximately 180 locations across the US and Canada. Continue Reading Eddie Bauer Retail Stores Face Closing Amid Bankruptcy Reports
Matt Nader Named President at First Home Mortgage
He replaces Tim Whittier, who was appointed president in May but stepped down last month. Continue Reading Matt Nader Named President at First Home Mortgage
DOJ Tells Supreme Court It Never Agreed ‘Not to Reopen’ NAR Probe
The DOJ insisted “the words ‘close’ and ‘reopen’ are not mutually exclusive.” Continue Reading DOJ Tells Supreme Court It Never Agreed ‘Not to Reopen’ NAR Probe
Travis Kessler to Retire as Chief Executive at Texas Realtors
Texas Realtors announced that President and CEO Travis Kessler will retire on March 31, 2025, from the position he has held since 2010. Mike Barnett, who has served as the 155,000-member organization’s executive vice president for the past 12 years, will assume...
MBA Proposes Ginnie Mae Early-Buyout Securitization
“An EBO security addresses the timing mismatch within Ginnie Mae’s program,” said MBA’s Bob Broeksmit. Continue Reading MBA Proposes Ginnie Mae Early-Buyout Securitization
Bascom Group Acquires Seattle Multifamily Community
Built in 1992, the property features a five-story residential building situated above two levels of structured parking. Continue Reading Bascom Group Acquires Seattle Multifamily Community
Mortgage Rates Take Another Drop
The 30-year fixed-rate mortgage averaged 6.60% as of Dec. 12. Continue Reading Mortgage Rates Take Another Drop
Home Flipping Activity and Profits Down in Q3
The top four metro areas that recorded the largest flipping rates during the third quarter were all in Georgia. Continue Reading Home Flipping Activity and Profits Down in Q3
Mid-Atlantic Home Sales Up Despite Fewer Listings, Higher Prices
“There are buyers out there who have been waiting a long time to get into the market,” said Dr. Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Home Sales Up Despite Fewer Listings, Higher Prices
Blackstone Pays $2.6 Billion for Mixed-Use Tokyo Property
The transaction is the largest real estate investment by a foreign investor in Japan. Continue Reading Blackstone Pays $2.6 Billion for Mixed-Use Tokyo Property
New Rule Forces Texas Politicians to Disclose Property Ownership Activities
Politicians could face fines or criminal charges if they fail to make full disclosures. Continue Reading New Rule Forces Texas Politicians to Disclose Property Ownership Activities
Recent Posts
Builders Grow Slightly More Confident in Housing Market- Ex-Seattle Real Estate Agent Sentenced on Multiple Fraud Charges
- Remodeling Firm West Shore Home Expands Further into New England
- LGI Homes Launches Master-Planned Community in Houston Suburb
- Ginnie Mae’s MBS Portfolio Reached Nearly $3 Trillion in April
