Real Estate Industry News & Insights
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New Partnership Seeks to Integrate Proptech in Real Estate Management
The new partnership seeks to develop industry best practices. Continue Reading New Partnership Seeks to Integrate Proptech in Real Estate Management
The Milestone Group Acquires 2 Apartment Communities in Virginia
The financial terms of the acquisition were not disclosed. Continue Reading The Milestone Group Acquires 2 Apartment Communities in Virginia
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Katie Johnson Resigns as NAR’s Chief Legal Officer
The daughter of two realtors, Johnson joined NAR in October 2007 as an associate counsel. Continue Reading Katie Johnson Resigns as NAR’s Chief Legal Officer
Kaas Wilson Architects, a Multifamily Housing Architecture Firm, Opens Phoenix Office
Kaas Wilson is licensed in 36 states and is currently designing projects and communities in 18 states. Continue Reading Kaas Wilson Architects, a Multifamily Housing Architecture Firm, Opens Phoenix Office
MAZL LLC Completes Acquisition of REcolorado
The financial terms of the acquisition were not disclosed. Continue Reading MAZL LLC Completes Acquisition of REcolorado
Median Monthly Housing Costs at New Record High
Redfin reported the median sale price reached $384,721, up 4.5% for a new record high. Continue Reading Median Monthly Housing Costs at New Record High
Mortgage Application Activity Up 2.6%
The FHA share of total applications increased to 12.9% from 12.7% the week prior. Continue Reading Mortgage Application Activity Up 2.6%
Lower-Income Borrowers Account for One in Five New Mortgages
Redfin noted today’s median-home sale price is about $420,000, up 5% year-over-year. Continue Reading Lower-Income Borrowers Account for One in Five New Mortgages
FHA Extends Foreclosure Moratorium to Wildfire Victims in Maui
The extension will assist homeowners impacted by the August 2023 wildfires. Continue Reading FHA Extends Foreclosure Moratorium to Wildfire Victims in Maui
Mortgage Rates Soar for Fifth Consecutive Week
The 30-year fixed-rate mortgage averaged 7.22% as of May 2. Continue Reading Mortgage Rates Soar for Fifth Consecutive Week
Mortgage Demand Slumps Again
The Refinance Index was down by 3% from the previous week and was down 1% lower than the same week one year ago. Continue Reading Mortgage Demand Slumps Again
Builders Angry Over Biden’s Energy Standards Changes
“This senseless nationwide codes mandate will significantly raise housing costs,” said NAHB Chairman Carl Harris. Continue Reading Builders Angry Over Biden’s Energy Standards Changes
Production Losses Widen for Independent Mortgage Banks
The refinancing share of total originations (by dollar volume) decreased to 11% in 2023 from 20% in 2022. Continue Reading Production Losses Widen for Independent Mortgage Banks
Mortgage Rates Continue to Rise
The 30-year fixed-rate mortgage averaged 7.17% as of April 25. Continue Reading Mortgage Rates Continue to Rise
Two Former NJ Mortgage Lender Employees Charged in Fraud Scheme
The men are charged by complaint with one count of conspiracy to commit bank fraud. Continue Reading Two Former NJ Mortgage Lender Employees Charged in Fraud Scheme
