Current News & Events
Pennsylvania Home Sales Down While Prices Keep Rising
The Pennsylvania median home price was up 5.2% year-over-year to $305,000, compared to $290,000 in November 2024. Continue Reading Pennsylvania Home Sales Down While Prices Keep Rising
Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Last June, the FHLBNY and the HDC partnered on a $150 million bond purchase in support of more than 2,250 homes across HDC programs. Continue Reading Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Arch Capital Group Names Seamus Fearon CEO of International Mortgage
Fearon will have responsibility for managing Arch’s Australian and European mortgage operations. Continue Reading Arch Capital Group Names Seamus Fearon CEO of International Mortgage
Herbie Huesman Named SVP of Real Estate at USAA FSB
Most recently, Huesman served as the bank’s interim general manager for real estate. Continue Reading Herbie Huesman Named SVP of Real Estate at USAA FSB
Fintech PADS Financial Debuts Platform for Mortgage Origination and Servicing
The company secured an initial round of financing of $3 million from investors within the Quebec real estate market. Continue Reading Fintech PADS Financial Debuts Platform for Mortgage Origination and Servicing
30-Year Fixed-Rate Mortgage Surges to 7.49%
Sam Khater, Freddie Mac’s chief economist, noted the market is facing “the highest mortgage rates in a generation.” Continue Reading 30-Year Fixed-Rate Mortgage Surges to 7.49%
RFK Jr. Offers Proposal to Expand Homeownership
The presidential candidate called out Black Rock, State Street and Vanguard for snapping up single-family homes. Continue Reading RFK Jr. Offers Proposal to Expand Homeownership
Home Prices Up (Again) While Inventory Shrinks (Again)
“Buyers still struggle with the triple threat of rising listing prices, record-high mortgage rates, and limited inventory,” said Realtor.com’s Danielle Hale. Continue Reading Home Prices Up (Again) While Inventory Shrinks (Again)
Highgate Names Tom Manness Head of Hospitality Division
Highgate, a New York City-based real estate investment and hospitality management company, announced the appointment of Tony Maness as executive vice president of operations and head of Highgate Select, a division of the company focused on the differentiated...
REIT Acquires DHS-Leased Atlanta Property
“We are excited to return to our external growth strategy with the acquisition of this highly important U.S. Government-backed asset,” said CEO William C. Trimble III. Continue Reading REIT Acquires DHS-Leased Atlanta Property
Toll Brothers Opens Luxury Student Housing at Florida International University
This is the first Toll Brothers multifamily project in Florida. Continue Reading Toll Brothers Opens Luxury Student Housing at Florida International University
Which is More Stressful: Homebuying or Dating?
67% of baby boomers felt divorce was more stressful than homebuying. Continue Reading Which is More Stressful: Homebuying or Dating?
