Real Estate Industry News & Insights
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Howard M. Lorber Abruptly Retires as Douglas Elliman’s Chief Executive
Douglas Elliman Board Director Michael Liebowitz has been appointed chairman and CEO. Continue Reading Howard M. Lorber Abruptly Retires as Douglas Elliman’s Chief Executive
The Rattiest City in America Is…
New York State had the most cities among the top 50. Continue Reading The Rattiest City in America Is…
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Airbnb Offers Free Temporary Housing for People Displaced by Hurricane Helene
Airbnb.org focuses on connecting people with free, temporary housing in times of crisis. Continue Reading Airbnb Offers Free Temporary Housing for People Displaced by Hurricane Helene
Ken Wingert Named Chief Advocacy Officer at NAHB
Wingert joins NAHB from Monument Advocacy, where he led the group’s financial services practice. Continue Reading Ken Wingert Named Chief Advocacy Officer at NAHB
Housing Issues in Spotlight in Vice Presidential Debate
CBS News personality Margaret Brennan sought to trip up Vance when she asked for evidence on the impact of illegal immigration on housing. Continue Reading Housing Issues in Spotlight in Vice Presidential Debate
40% of New Mortgages Went to Buyers Under 35
Redfin determined the median age of first-time U.S. homebuyers last year was 35. Continue Reading 40% of New Mortgages Went to Buyers Under 35
Mortgage Rates Down Slightly, Though Still Elevated
The 30-year fixed-rate mortgage averaged 7.02%, down from last week when it averaged 7.09%. Continue Reading Mortgage Rates Down Slightly, Though Still Elevated
Mortgage Application Activity Inches Up Slightly
Mortgage applications for new home purchases in April increased 22.1% from one year earlier. Continue Reading Mortgage Application Activity Inches Up Slightly
Grant Cardone on Biden’s Homebuyer Tax Credit Plan: ‘Is Joe Dumb?’
Cardone cited homebuyer costs to dilute the impact of the Biden plan. Continue Reading Grant Cardone on Biden’s Homebuyer Tax Credit Plan: ‘Is Joe Dumb?’
Vision Mortgage Group Debuts Loan Program for First-Time Buyers
The program features a 1% down payment and 2% grant down payment assistance. Continue Reading Vision Mortgage Group Debuts Loan Program for First-Time Buyers
Rocket Mortgage Settles HUD Charges of Discrimination Against Native Americans
The settlement includes $65,000 compensation to the complainants. Continue Reading Rocket Mortgage Settles HUD Charges of Discrimination Against Native Americans
Mortgage Originations for Vacation Homes Down 40% in 2023
86% of second-home mortgages were issued last year to high-income buyers. Continue Reading Mortgage Originations for Vacation Homes Down 40% in 2023
FHLBank Cincinnati in New Endeavor Helping First-time Homebuyers
The program offers $25,000 grants to be used for down payment, closing costs or principal reduction assistance. Continue Reading FHLBank Cincinnati in New Endeavor Helping First-time Homebuyers
Mortgage Rates Down for First Time in Five Weeks
The 30-year fixed-rate mortgage averaged 7.09% as of May 9. Continue Reading Mortgage Rates Down for First Time in Five Weeks
ATTOM: Fewer Residences Were Equity Rich During Q1
The portion of mortgaged homes that were seriously underwater inched up to 2.7%. Continue Reading ATTOM: Fewer Residences Were Equity Rich During Q1
