Current News & Events
Meraas Previews Masterplan for New Dubai Waterfront Development
The timeline and budget for the project were not disclosed. Continue Reading Meraas Previews Masterplan for New Dubai Waterfront Development
Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
The HUD Secretary on a roll, pending home sales on the rise, and Warren Buffett calls it a day. Continue Reading Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
Median Rents in Manhattan Drop for the First Time in More Than Two Years
Manhattan’s median rents hit a record high of $4,400 in August. Continue Reading Median Rents in Manhattan Drop for the First Time in More Than Two Years
Mortgage Rates Drop Below the 7% Mark
The 30-year fixed-rate mortgage averaged 6.95% as of Dec. 14. Continue Reading Mortgage Rates Drop Below the 7% Mark
Q3 Home Flipping Down, But Profits Are Up
The typical profit margin in the third quarter was 29.8%. Continue Reading Q3 Home Flipping Down, But Profits Are Up
Thrive Mortgage and Lower.com to Merge
Lower CEO and co-founder Dan Snyder will lead the combined team. Continue Reading Thrive Mortgage and Lower.com to Merge
FCP Provides $22 Million in Preferred Equity for Two Multifamily Developments
“FCP is pleased to provide financing through our Structured Investments platform for these transactions, each well-located in a dynamic Southeast market,” said FCP’s Kevin Murphy. Continue Reading FCP Provides $22 Million in Preferred Equity for Two Multifamily Developments
UK and EU Central Banks Keep Rates Unchanged
The Federal Reserve and Bank of Canada also left rates unchanged. Continue Reading UK and EU Central Banks Keep Rates Unchanged
Mortgage Marketplace Stairs Financial Raises $3.5 Million in Funding Round
Stairs is now live in Texas with licenses across 40 states, and the company plans to expand nationwide in early 2024. Continue Reading Mortgage Marketplace Stairs Financial Raises $3.5 Million in Funding Round
Tech Trends: Don’t Ignore the Power of Video in 2024
Users need to stay on your pages long enough to know what you want them to do (and to actually take that action). Continue Reading Tech Trends: Don’t Ignore the Power of Video in 2024
NAR’s Chief Economist Forecasts 4.71 Million Existing Home Sales in 2024
NAR also predicted the Austin metro market will have the most pent-up housing demand in 2024. Continue Reading NAR’s Chief Economist Forecasts 4.71 Million Existing Home Sales in 2024
Federal Reserve Leaves Rates Unchanged
The central bank said it would “continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities.” Continue Reading Federal Reserve Leaves Rates Unchanged
