Current News & Events
Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
As of October, Florida home values were down about 3% from the same month in 2022. Continue Reading Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
Former Realtors Association Executive Arrested on 45 Embezzlement Counts
Shauna Marie Love was executive officer of California’s Tuolumne County Association of Realtors. Continue Reading Former Realtors Association Executive Arrested on 45 Embezzlement Counts
First Republic Bank Seized by Regulators, Sold to JPMorgan Chase
All of First Republic’s 84 offices in eight states will reopen today and its depositors will become customers of JPMorgan Chase Bank, Continue Reading First Republic Bank Seized by Regulators, Sold to JPMorgan Chase
Market Snapshot: The Media and the Mortgage Fees
FHFA Director Thompson never mentioned Biden’s name in explaining the fee structure. Continue Reading Market Snapshot: The Media and the Mortgage Fees
David H. Stevens: Mortgage Fee Changes Politicized ‘Across the Conservative Media’
One of the most prominent thought leaders in the mortgage banking industry is complaining that politics is framing the narrative surrounding the changes in the Loan Level Price Adjustments (LLPAs) upfront fees for loans backed by Fannie Mae and Freddie Mac that will...
Report: Average Monthly Mortgage Payment is $2,317
Average mortgage payments are most expensive in Hawaii ($3,696), California ($3,399) and Massachusetts ($3,201). Continue Reading Report: Average Monthly Mortgage Payment is $2,317
New Listings of Homes Down 22.4%
Redfin found nearly half of homes on the market are selling within two weeks. Continue Reading New Listings of Homes Down 22.4%
European Commercial Real Estate Deals at 11-Year Low
Approximately $40.3 billion in transactions occurred during the quarter, down 62% from one year earlier. Continue Reading European Commercial Real Estate Deals at 11-Year Low
New Forecast Points to Continued Challenges in Canada’s Housing Market
“Affordability will continue to deteriorate through 2023, in both the ownership and rental markets,” said CMHC Chief Economist Bob Dugan Continue Reading New Forecast Points to Continued Challenges in Canada’s Housing Market
National Retail Properties Changing Name to NNN REIT
The company owns 3,411 properties in 48 states. Continue Reading National Retail Properties Changing Name to NNN REIT
MBA Chief Broeksmit: ‘Awful Lot of Misinformation’ on Mortgage Fee Changes
Broeksmit said the changes “were meant to address some anomalies in the previous pricing structure.” Continue Reading MBA Chief Broeksmit: ‘Awful Lot of Misinformation’ on Mortgage Fee Changes
A NYC Market-Rate Rental on a Median Income? Fuhgeddaboudit!
Asking rents in March averaged $3,344, a new record. Continue Reading A NYC Market-Rate Rental on a Median Income? Fuhgeddaboudit!
