Current News & Events
Report: California is Home to Four of the Top Five Riskiest Housing Markets
The new report determined that 16 of the 50 highest risk markets were in California. Continue Reading Report: California is Home to Four of the Top Five Riskiest Housing Markets
Century Communities Begins Home Sales at New Michigan Community
Pricing for the new homes starts in the mid $300,000s. Continue Reading Century Communities Begins Home Sales at New Michigan Community
Colonial Savings Exits the Origination Space, Focusing on Mortgage Servicing
The company’s origination business has its roots in Fort Worth Mortgage, which was founded in 1952. Continue Reading Colonial Savings Exits the Origination Space, Focusing on Mortgage Servicing
Ryan Serhant Begins Shooting New Real Estate-Focused TV Show
Serhant’s new show is on location at a triplex penthouse in the world’s tallest condominium tower. Continue Reading Ryan Serhant Begins Shooting New Real Estate-Focused TV Show
Supreme Court Sides with Property Owners Against EPA on Wetlands Authority
The court ruled the EPA does not have the authority to regulate discharges into some wetlands located near bodies of water. Continue Reading Supreme Court Sides with Property Owners Against EPA on Wetlands Authority
Number of Vacant Homes in Foreclosure Up for Fifth Straight Quarter
Among the pre-foreclosure properties, 8,752 sit vacant as zombie foreclosures. Continue Reading Number of Vacant Homes in Foreclosure Up for Fifth Straight Quarter
Pending Home Sales Remained Stagnant in April
“Not all buying interests are being completed due to limited inventory,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Remained Stagnant in April
Mortgage Delinquency Rate Crashes to a New Low
No state posted an annual increase in overall delinquency rates in March. Continue Reading Mortgage Delinquency Rate Crashes to a New Low
More Than 2 in 5 Home Sellers Are Making Concessions to Buyers
Just over one in seven home sellers dropped their asking price in addition to providing a concession. Continue Reading More Than 2 in 5 Home Sellers Are Making Concessions to Buyers
Survey: 1 in 4 Canadians Plan to Buy Investment Property in Next 5 Years
Curiously, 15% of current residential investors do not own their primary residence. Continue Reading Survey: 1 in 4 Canadians Plan to Buy Investment Property in Next 5 Years
Sydney Opera House Receives 6 Star Rating for Sustainability
“Sustainability is in the Sydney Opera House’s DNA,” said Louise Herron, CEO for the celebrated Australian venue. Continue Reading Sydney Opera House Receives 6 Star Rating for Sustainability
Property Flipping, NYC-Style: Luxury Condo Poised to Sell at $75M
The 6,000-square-foot unit was acquired in 2020 by a Delaware-based LLC for $54 million. Continue Reading Property Flipping, NYC-Style: Luxury Condo Poised to Sell at $75M
