Current News & Events
Joint Venture Acquires $450 Million Commercial Real Estate Portfolio in NY Tri-State Area
The portfolio includes iPark 84, a 270-acre business park originally built for IBM’s flagship semiconductor manufacturing plant. Continue Reading Joint Venture Acquires $450 Million Commercial Real Estate Portfolio in NY Tri-State Area
Mortgage Application Activity Holds Steady
The refinance share of mortgage activity increased to 41.9% of total applications from 40.7% in the previous week. Continue Reading Mortgage Application Activity Holds Steady
Investors Less Active in the Q1 Housing Market
Real estate investors purchased 19% of homes that sold in the first quarter, down slightly from 20% one year earlier. Continue Reading Investors Less Active in the Q1 Housing Market
Mortgage Rates Tick Up Again
The 30-year fixed-rate mortgage averaged 6.53% as of May 28, up from last week when it averaged 6.51%, which marked a nine-month high. Continue Reading Mortgage Rates Tick Up Again
Sales of New Single-Family Homes Declined While the Median Sale Price Increased
The median sales price of new houses sold in April was $422,500, up 8.0% from the March price of $391,100. Continue Reading Sales of New Single-Family Homes Declined While the Median Sale Price Increased
Q1 Purchase Loan Origination at 12-Year Low
Refinancing activity fell 7% quarter-over-quarter to 715,818 loans, although volumes were also 24% above the first quarter of 2025. Continue Reading Q1 Purchase Loan Origination at 12-Year Low
Gov. DeSantis Offers Property Tax Relief Proposal Ahead of Special Legislative Session
Under the governor’s plan, the first $250,000 of a homestead’s value is exempt from taxation and will be subject to a schedule for full elimination. Continue Reading Gov. DeSantis Offers Property Tax Relief Proposal Ahead of Special Legislative Session
New York State Passes Pied-à-Terre Tax Aimed at NYC’s Luxury Second Homes
Gov. Hochul claimed the new tax could generate as much as $500 million per year for the cash-strapped city, which is operating on a $5.4 billion deficit. Continue Reading New York State Passes Pied-à-Terre Tax Aimed at NYC’s Luxury Second Homes
National Fair Housing Alliance Sues CFPB Over Changes to Equal Credit Opportunity Act Enforcement
The complaint also challenges Russel Vought’s lawful authority to serve as CFPB acting director. Continue Reading National Fair Housing Alliance Sues CFPB Over Changes to Equal Credit Opportunity Act Enforcement
Fertitta Entertainment Acquires Caesars Entertainment for $17.6 Billion
Under the terms of the agreement, Caesars’ shareholders will receive $31.00 in cash for each outstanding Caesars’ share. Continue Reading Fertitta Entertainment Acquires Caesars Entertainment for $17.6 Billion
A Phil Hall Op-Ed: Wherefore Art Thou, Bill Pulte?
If Pulte’s X account is a portal to his professional life, one has to ask an obvious question: What does this guy do all day? Continue Reading A Phil Hall Op-Ed: Wherefore Art Thou, Bill Pulte?
Lennar Expands Presence into the Des Moines Market
It is unclear where the homes will be built or when construction begins and occupancy occurs. Continue Reading Lennar Expands Presence into the Des Moines Market
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