Current News & Events
Mortgage Applications on New Home Purchases Up During January
Mortgage applications for new home purchases during January were up by 19% from the prior month and up by 2% from one year earlier, according to data from the Mortgage Bankers Association (MBA). MBA estimated new single-family home sales were running at a seasonally...
Gregg Metcalf Joins Cushman & Wakefield as Executive Director
Metcalf joins the company from JLL, where he was executive vice president of tenant representation. Continue Reading Gregg Metcalf Joins Cushman & Wakefield as Executive Director
Zombie Foreclosures Down 20% from Last Year
The number of zombie properties has gone up quarterly in 30 states. Continue Reading Zombie Foreclosures Down 20% from Last Year
Real Estate Developer Westcliff Acquires New Brunswick’s Largest Shopping Center
Located on a 60-acre site, the 784,372-square-foot Champlain Place hosts over 150 stores. Continue Reading Real Estate Developer Westcliff Acquires New Brunswick’s Largest Shopping Center
Historic San Jose Hotel Sells for $11 Million, Nearly 44% Below its Last Transfer
The hotel last changed hands in 2014 when it was acquired by an affiliate of Lowe’s Enterprises for $20.4 million. Continue Reading Historic San Jose Hotel Sells for $11 Million, Nearly 44% Below its Last Transfer
Texas Woman Sentenced for Defrauding Real Estate Investors
Mueting was free on a $50,000 unsecured bond while awaiting sentencing. Continue Reading Texas Woman Sentenced for Defrauding Real Estate Investors
Appraisal Industry Warns Against GSE Waiver Updates from FHFA
The FHFA’s policy changes expand eligibility for appraisal waivers and inspection-based appraisal waivers. Continue Reading Appraisal Industry Warns Against GSE Waiver Updates from FHFA
Realty One Group Expands Into Uruguay
This is the company’s 22nd country with a franchise. Continue Reading Realty One Group Expands Into Uruguay
California Realtors Report More Canceled Sales Due to Insurance Challenges
Furthermore, 21% of realtor respondents said they had clients who are using the FAIR Plan Continue Reading California Realtors Report More Canceled Sales Due to Insurance Challenges
Pending Home Sales Up 7.4%
Year-over-year, pending transactions were up by 2.6%. Continue Reading Pending Home Sales Up 7.4%
Meritage Homes Expands to Gulf Coast with Acquisition of Elliott Homes
The financial terms of the acquisition were not disclosed. Continue Reading Meritage Homes Expands to Gulf Coast with Acquisition of Elliott Homes
The BLVD Group Acquires New Hampshire Affordable Housing Community for $97 Million
This is the largest single bond-financed housing transaction in the state’s history. Continue Reading The BLVD Group Acquires New Hampshire Affordable Housing Community for $97 Million
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