Current News & Events
Virginia Real Estate Agent Shot in Her Home During New Year’s Eve Burglary
The 72-year-old Judy Boone was taken to the hospital and is currently in stable condition Continue Reading Virginia Real Estate Agent Shot in Her Home During New Year’s Eve Burglary
Mortgage Bankers Association Names Alexandra Brinton as VP/CFO
Brinton was previously controller at the American Association of Airport Executives. Continue Reading Mortgage Bankers Association Names Alexandra Brinton as VP/CFO
Mortgage Application Activity Trends Downward
The Refinance Index decreased 2% from the previous week, although it was 18% higher than the same week one year ago. Continue Reading Mortgage Application Activity Trends Downward
Existing Homes Sales Up for First Time in 5 Months
First-time buyers were responsible for 31% of sales in November. Continue Reading Existing Homes Sales Up for First Time in 5 Months
US Population Grew by 1.6 Million This Year
Eight states and Puerto Rico saw their population fall in 2023. Continue Reading US Population Grew by 1.6 Million This Year
$256 Million in Financing Closed for Mixed-Use Affordable Housing Project in Brooklyn
The project was designed by Bernheimer Architecture and is expected to be completed by June 2026. Continue Reading $256 Million in Financing Closed for Mixed-Use Affordable Housing Project in Brooklyn
Bankrupt Austrian Company May Be Forced to Sell Stake in NYC’s Chrysler Building
Signa teamed with New York City-based RFR Holding to purchase the Chrysler Building in 2019 for roughly $150 million. Continue Reading Bankrupt Austrian Company May Be Forced to Sell Stake in NYC’s Chrysler Building
Fannie Mae Forecasts Home Sales and Mortgage Origination Recovery in 2024
Current problems including affordability challenges, the lock-in effect, and a lack of homes available for sale are expected to persist. Continue Reading Fannie Mae Forecasts Home Sales and Mortgage Origination Recovery in 2024
Sameer Nair Joins Peachtree Group as SVP of Equity Asset Management
He was most recently senior vice president of acquisitions and development for Hospitality Ventures Management Group. Continue Reading Sameer Nair Joins Peachtree Group as SVP of Equity Asset Management
California Home Sales Plummet to 16-Year Low
Nearly two-thirds (31) of the state’s 50 counties registered declines in active listings from last year. Continue Reading California Home Sales Plummet to 16-Year Low
21.8% Increase in New Home Purchase Mortgage Applications
The average loan size for new homes decreased from $390,225 in October to $390,049 in November. Continue Reading 21.8% Increase in New Home Purchase Mortgage Applications
Housing Starts Surged in November
Single‐family authorizations in November were at a rate of 976,000, a 0.7% uptick from the revised October figure of 969,000. Continue Reading Housing Starts Surged in November
