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Foreclosure Activity Up Annually for Ninth Straight Month
Nationwide, one in every 3,992 housing units had a foreclosure filing in November. Continue Reading Foreclosure Activity Up Annually for Ninth Straight Month
Foreclosure Activity Up Annually for Ninth Straight Month
Nationwide, one in every 3,992 housing units had a foreclosure filing in November. Continue Reading Foreclosure Activity Up Annually for Ninth Straight Month
Trump’s Childhood Home Listed at $2.3 Million
Donald Trump’s childhood home in Queens, New York, has been listed for sale for $2.3 million. The Wall Street Journal reports the five-bedroom home at 85-15 Wareham Place in the Jamaica Estates neighborhood was built by the president’s father, Fred Trump, in 1940. The...
Bloom Finance Company Debuts Reverse Mortgage with Lifetime Fixed Interest Rate
Toronto-headquartered Bloom Finance Company Ltd. has rolled out SafeRate, which is being promoted as Canada’s first reverse mortgage with a lifetime fixed interest rate. According to the company, the new product is designed to protect seniors by eliminating...
A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
A Phil Hall Op-Ed: Over the weekend, President Trump posted a meme on Truth Social with the headline “Great American Presidents” that showed Franklin D. Roosevelt linked to “30-Year Mortgage” while Trump was next to him linked to “50-Year Mortgage.” Almost immediately...
NEWS & CURRENT EVENTS
Phishing Emails Targeting NAMB Members
“This email is NOT from NAMB,” said the organization’s message to its membership. Continue Reading Phishing Emails Targeting NAMB Members
Minnesota Real Estate Agent Charged with Multiple Tax Crimes
Kevin Patrick Mullen evaded paying income taxes earned through his business, Ideal Properties and Investments LLC, from 2019 through 2023. Continue Reading Minnesota Real Estate Agent Charged with Multiple Tax Crimes
The Top Luxury Housing Market Is…Detroit?
Within Detroit, the entry level into the top 10% in that market’s luxury housing sector is $721,625. Continue Reading The Top Luxury Housing Market Is…Detroit?
New Luxury Rental Community Planned for Las Vegas
The property is based 15 minutes south of the Las Vegas Strip and delivery of the first residences is estimated for mid-year 2027. Continue Reading New Luxury Rental Community Planned for Las Vegas
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Hawaiian Brokerage to Join RE/MAX Network
The conversion will bring six offices and 170 agents under the RE/MAX Hawaii banner. Continue Reading Hawaiian Brokerage to Join RE/MAX Network
Finally—A Bipartisan Housing Bill That Actually Makes Sense
But let’s be clear: this isn’t about more regulation. It’s about getting government out of the way. Continue Reading Finally—A Bipartisan Housing Bill That Actually Makes Sense
Homebuyer Assistance Programs Reach New Record High During Q2
There are currently 2,554 homebuyer assistance programs operating today. Continue Reading Homebuyer Assistance Programs Reach New Record High During Q2
Senate Banking Committee Unanimously Approves Bipartisan ROAD to Housing Act
The bill is backed by leading housing industry organizations including the National Association of Realtors and the Mortgage Bankers Association. Continue Reading Senate Banking Committee Unanimously Approves Bipartisan ROAD to Housing Act
Judge Rejects DOJ Request of Early End to Redlining Settlement with Pennsylvania Bank
Last week, ESSA’s parent company ESSA Bancorp completed a merger with CNB Financial Corporation. Continue Reading Judge Rejects DOJ Request of Early End to Redlining Settlement with Pennsylvania Bank
New Record High for Delaware’s Median Sales Price
Delaware recorded 1,300 home sales during June, a slight 0.7% uptick from the 1,291 transactions recorded in May. Continue Reading New Record High for Delaware’s Median Sales Price
Starter Homes Sales and Prices on the Rise
The typical starter home sold for a record $260,000 last month, up 3.1% from June 2024. Continue Reading Starter Homes Sales and Prices on the Rise
New Report Details Skyrocketing NYC Rental Housing Costs
Danielle Hale, chief economist at Realtor.com, question the viability of Zohran Mamdani’s rent freeze campaign pledge. Continue Reading New Report Details Skyrocketing NYC Rental Housing Costs
Case-Shiller: Home Price Momentum Continues to Slow
The FHFA reported home prices were down in May by 0.2% month-over-month, but were up 2.8% year-over-year. Continue Reading Case-Shiller: Home Price Momentum Continues to Slow
Wesley LePatner, CEO of Blackstone Real Estate Investment Trust, Killed in Manhattan Office Shooting
LePatner succeeded the retiring Frank Cohen at the helm of $55 billion BREIT. Continue Reading Wesley LePatner, CEO of Blackstone Real Estate Investment Trust, Killed in Manhattan Office Shooting
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