Current News & Events
Bridge Housing Exceeds $90 Million at First Close of New Impact Fund
The first close marks the beginning of the Impact Fund’s acquisition phase, with Bridge Housing anticipating the purchase of approximately 20 properties totaling an estimated 3,500 units. Continue Reading Bridge Housing Exceeds $90 Million at First Close of New Impact Fund
Mamdani to Suspend NYC’s Tax Lien Sale Program
Under the program, the city can sell a property tax lien when the owner owes as little as $5,000. Continue Reading Mamdani to Suspend NYC’s Tax Lien Sale Program
Hilton Rolls Out New Brand Offering Furnished Apartment Accommodations
Apartment Collection by Hilton will offer studio to four-bedroom furnished apartments in urban and suburban markets. Continue Reading Hilton Rolls Out New Brand Offering Furnished Apartment Accommodations
Bank Fraud Scheme Results in Charges Against Real Estate Investment Group
The defendants are each charged with conspiring to commit bank fraud, bank fraud, making false statements and money laundering. Continue Reading Bank Fraud Scheme Results in Charges Against Real Estate Investment Group
Canadian Home Sales Down During 2025, But Predicted to Rise in 2026
CREA added the national average home price is forecast to rise by 2.8% on an annual basis to $698,881 in 2026. Continue Reading Canadian Home Sales Down During 2025, But Predicted to Rise in 2026
Newrez to Recognize Crypto Assets for Mortgage Qualification
This offering will be available in February across Newrez’s Smart Series suite of non-agency products. Continue Reading Newrez to Recognize Crypto Assets for Mortgage Qualification
SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower
The building last changed hands in 2014 when it was purchased by Blackstone Group for $750 million. Continue Reading SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower
Kristina K. Williams to Step Down as CEO at FHLB Des Moines
Williams has served in this position since January 2020. Continue Reading Kristina K. Williams to Step Down as CEO at FHLB Des Moines
30-Year Fixed Rate Mortgage Drops to 3-Year Low
The 30-year fixed-rate mortgage averaged 6.06% as of Jan. 15. Continue Reading 30-Year Fixed Rate Mortgage Drops to 3-Year Low
Foreclosure Filings Up 14% During 2025
For the fourth quarter of 2025, there was a total of 111,692 properties with foreclosure filings, up 10% from the previous quarter and up 32% year-over-year. Continue Reading Foreclosure Filings Up 14% During 2025
Zillow: Homes Will Be Affordable in 20 Major Markets by Year’s End
Looking ahead into 2026, Zillow expects slow but steady home value growth, falling mortgage rates and rising incomes to contribute to a nationwide improvement in affordability. Continue Reading Zillow: Homes Will Be Affordable in 20 Major Markets by Year’s End
December New Home Purchase Mortgage Applications Up by 2.5%
The average loan size for new homes increased from $378,063 in November to $380,607 in December. Continue Reading December New Home Purchase Mortgage Applications Up by 2.5%
