Featured Real Estate News
Maine Home Values Increased in February While Sales Declined
Fewer homes were sold in Maine during February while home prices continued to rise. According to data from the Maine Association of Realtors, 691 homes were sold statewide last month, an 8.84% decrease. Amid the decline in sales activity, home prices surged by 3.47%...
Maine Home Values Increased in February While Sales Declined
February’s home sales across the Northeast were down 4.1% year-over-year while the median sales price rose by 3.3% to $479,800. Continue Reading Maine Home Values Increased in February While Sales Declined
Mortgage Application Activity Sinks Amid Pullback in Refinancing
A sharp decline in refinancing sparked by rising mortgage rates and a new wave of economic uncertainty caused mortgage application activity to sink during the week ending March 13, according to data from the Mortgage Bankers Association (MBA). “Mortgage rates...
Keith Pettigrew Selected to Become New CEO at Chicago Housing Authority
The Chicago Housing Authority (CHA) has announced the selection of Keith Pettigrew as the agency’s next CEO. Pettigrew brings more than 30 years of public housing leadership to the CHA. He is currently the executive director of the District of Columbia Housing...
NY Attorney General Files Fraud Lawsuit Against Home Improvement Company Attyx
New York Attorney General Letitia James has filed a lawsuit against the home improvement company Attyx, formerly known as SUNco, along with its co-CEOs and its lending partners companies Solar Mosaic and WebBank for allegedly defrauding homeowners with false promises...
News & Current Events
Dodger Stadium Sells Field Naming Rights to Japanese Brand Uniqlo
The financial aspects of the deal were not disclosed. Continue Reading Dodger Stadium Sells Field Naming Rights to Japanese Brand Uniqlo
California Home Sales and Prices Up in February
California’s median home price in February was $830,370, up by less than 1% from 23-month low of $823,180 in January. Continue Reading California Home Sales and Prices Up in February
Tempus Realty Partners Acquires Industrial Portfolio for $22.2 Million
The portfolio includes five assets across two properties spanning a total of 311,158 square feet on 23 acres. Continue Reading Tempus Realty Partners Acquires Industrial Portfolio for $22.2 Million
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Purchase Activity Fuels Mortgage Application Uptick
The FHA share of total applications increased to 17.1% from 15.8% the week prior. Continue Reading Purchase Activity Fuels Mortgage Application Uptick
FICO Rolls Out Portfolio Benchmarking Tools for Lenders
The new platform’s suite of tools enables financial institutions to analyze benchmarking data and simulate the impact of alternative data strategies on portfolio outcomes. Continue Reading FICO Rolls Out Portfolio Benchmarking Tools for Lenders
Rhode Island Brokerage HomeSmart Professionals Joins REMAX Brand
The brokerage will now operate as REMAX Revolution. Continue Reading Rhode Island Brokerage HomeSmart Professionals Joins REMAX Brand
New CTO at Boxabl
Palaniappan was most recently senior vice president of engineering at Sagent, a mortgage and consumer fintech. Continue Reading New CTO at Boxabl
Yamaha Motor Co. to Relocate US HQ from California to Georgia
Yamaha acquired the land in Cypress for its US headquarters in 1978 and established its office in 1979. Continue Reading Yamaha Motor Co. to Relocate US HQ from California to Georgia
Cavan Companies Plans Third Build-to-Rent Community in Omaha Metro Area
Construction is expected to begin in May on a site encompassing approximately 16 acres. Continue Reading Cavan Companies Plans Third Build-to-Rent Community in Omaha Metro Area
R-Zero’s Expands Availability of Commercial Real Estate Energy Savings Tool Prospector AI
Prospector AI premiered exclusively in New York City last December. Continue Reading R-Zero’s Expands Availability of Commercial Real Estate Energy Savings Tool Prospector AI
Mortgage Credit Availability Improved in February
“Most of last month’s supply growth was in loan programs that allowed for cash-out refinance and on investor homes,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in February
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February