Current News & Events
2 Mexican Nationals Arrested for Fraudulent Home Sales
Victor Hugo Villalobos Almazan and Nayeli Noemi Montoya Rodriguez pretended to be the owners of vacant or undeveloped plots of real estate. Continue Reading 2 Mexican Nationals Arrested for Fraudulent Home Sales
Detroit City Council Approves New 15,000-Seat Stadium
The Detroit City Council approved the proposal by the Detroit City Football Club's (DCFC) to construct a 15,000-seat stadium and other community projects in Southwest Detroit. CBS News reports the DCFC will build a 421-parking deck and 76-unit apartment building of...
Survey Finds Homeowners Delaying Improvement Projects Due to Inflation
Energy efficient renovation were high on the list of 59% of the surveyed homeowners. Continue Reading Survey Finds Homeowners Delaying Improvement Projects Due to Inflation
Report: Multifamily to Outpace Single-Family Housing Globally
The report predicted growing demand for urban multifamily housing in the Asia-Pacific and Africa-Middle East markets based on increasing migration from rural areas into big cities. Continue Reading Report: Multifamily to Outpace Single-Family Housing Globally
Approval Granted for British Columbia Housing Complex
The company will break ground later this year on the first phase of the project featuring more than 1,500 new purpose-built rental homes. Continue Reading Approval Granted for British Columbia Housing Complex
UMH Properties Pays $2.3M for 30-Acre Ohio Manufactured Housing Site
“This entitled land provides us with a pipeline of new sites to generate profitable sales and should result in improved operating results,” said Samuel A. Landy, president and CEO at UMH Properties. Continue Reading UMH Properties Pays $2.3M for 30-Acre Ohio Manufactured Housing Site
New Consulting Firm Seeks to ‘Stabilize and Preserve the Value of New York City Assets’
Chalme and Blanco launched Paradigm after coordinating one-off asset management and advisory assignments for lenders. Continue Reading New Consulting Firm Seeks to ‘Stabilize and Preserve the Value of New York City Assets’
Market Snapshot: US Office Sector
Occupied space per office-using worker is 12% below the 2015 level and has sunk to a record low. Continue Reading Market Snapshot: US Office Sector
US Rents Post First YOY Decline in Three Years
The major metro areas with the greatest year-over-year rent declines were Austin (-11%), Chicago (-9.2%), New Orleans (-3%), Birmingham (-2.9%) and Cincinnati (-2.9%). Continue Reading US Rents Post First YOY Decline in Three Years
Data Reports Point to Increased Stability in Canada’s Homeownership Market
Home sales recorded over Canadian MLS Systems were up by 1.4% from February to March. Continue Reading Data Reports Point to Increased Stability in Canada’s Homeownership Market
New Record Set on Median Apartment Rents in Manhattan
Manhattan’s apartment vacancy rate inched up from 2.30% in February to 2.54% in March. Continue Reading New Record Set on Median Apartment Rents in Manhattan
Proper Rate Launches Same Day Mortgage
The service is being marketed to allow borrowers to compete against all-cash buyers. Continue Reading Proper Rate Launches Same Day Mortgage
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