Current News & Events
Trump Insinuates Biden’s Federal Reserve Appointments Are Not Legitimate
Federal Reserve appointments require Senate confirmation and are not unilaterally enacted by presidential declaration. Continue Reading Trump Insinuates Biden’s Federal Reserve Appointments Are Not Legitimate
FTC Warns Property Management Software Firms on Pricing Transparency
The FTC did not identify which companies received the letters. Continue Reading FTC Warns Property Management Software Firms on Pricing Transparency
New Portal to Highlight Affordable Housing in the Bay Area
Doorway Housing Portal was developed with pro bono support from Google.org Fellows. Continue Reading New Portal to Highlight Affordable Housing in the Bay Area
JPMorgan Chase Allocates $7.65M to Expand Black and Hispanic Homeownership in DC
“Affordable, sustainable homeownership is essential to building strong communities and intergenerational wealth,” said Mark O’Donovan, CEO of Chase Home Lending. Continue Reading JPMorgan Chase Allocates $7.65M to Expand Black and Hispanic Homeownership in DC
Redevelopment Initiative Announced for Haverhill, Massachusetts
The initiative will encompass more than three acres of historic buildings and vacant property in the city’s downtown. Continue Reading Redevelopment Initiative Announced for Haverhill, Massachusetts
Regulators Ask Banks to ‘Work Prudently and Constructively’ with CRE Borrowers
The new 90-page guidance focused on short-term loan accommodations. Continue Reading Regulators Ask Banks to ‘Work Prudently and Constructively’ with CRE Borrowers
Nearly One-Third of San Francisco’s Office Properties are Vacant
CBRE Director Colin Yasukochi acknowledged the city’s deteriorating quality of life is contributing to the dilemma. Continue Reading Nearly One-Third of San Francisco’s Office Properties are Vacant
Mortgage Rates Are Up Again
“Homebuyers have adjusted and driven new home sales to its highest level in more than a year,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Are Up Again
Affordable Homeownership Opportunities Continue to Dwindle
MBA’s Edward Seiler noted how “prospective buyers continue to grapple with high interest rates and low housing inventory.” Continue Reading Affordable Homeownership Opportunities Continue to Dwindle
US Median Home Price in First Year-Over-Year Decline Since 2017
In June, the U.S. median list price was $445,000. Continue Reading US Median Home Price in First Year-Over-Year Decline Since 2017
FHA Increases Threshold on Multifamily Large Loans
This marked the first increase in the multifamily loan threshold since 2014. Continue Reading FHA Increases Threshold on Multifamily Large Loans
DwellWell Launches Homebuyer Rebate Program
DwellWell requires agents that use their platform to share 30% of their commission. Continue Reading DwellWell Launches Homebuyer Rebate Program
