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Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
$21.5 Million Sale of Charleston Mansion Breaks City Record
A historic mansion in Charleston, South Carolina, dating back to 1800 was sold for $21.5 million, a record high residential sale for that market. Known as the Casper Christian Schutt House, the property at 51 East Bay Street encompasses four structures totaling over...
Whitestone REIT Acquires 90,000 SF Dallas-Area Shopping Plaza
Whitestone REIT (NYSE: WSR) has acquired the 90,391-square-foot World Cup Plaza in the Dallas suburb of Frisco, Texas. Located adjacent to FC Dallas: Toyota Stadium, World Cup Plaza was developed in 2007 and hosts a mix of retailers and restaurants, including Blue...
Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project
Jamie Dimon has distanced himself and his company from the demolition of the White House East Wing and the construction of a new massive ballroom. In a CNN interview, the CEO of JPMorgan Chase (NYSE: JPM) responded to an observation by anchor Erin Burnett that the...
NEWS & CURRENT EVENTS
Wells Fargo Opens New 22-Acre Texas Campus
The company said this is its first energy net-positive campus. Continue Reading Wells Fargo Opens New 22-Acre Texas Campus
Chip and Joanna Gaines Bring the ‘Fixer Upper’ Franchise to Colorado
The new series premieres Dec. 9 at 9:00 pm ET/PT on Magnolia Network and HGTV. Continue Reading Chip and Joanna Gaines Bring the ‘Fixer Upper’ Franchise to Colorado
Grant Cardone: Andrew Cuomo Rejected My Help to Defeat Zohran Mamdani
Hedge fund executive Bill Ackman told Cardone, “We need you to help Andrew.” Continue Reading Grant Cardone: Andrew Cuomo Rejected My Help to Defeat Zohran Mamdani
Connecticut GOP Leaders Propose Historic Expansion of Property Tax Credits
Gov. Ned Lamont has yet to comment on the GOP proposal. Continue Reading Connecticut GOP Leaders Propose Historic Expansion of Property Tax Credits
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Mortgage Fraud Charges Against Schiff Referred to Justice Department
The case of alleged mortgage fraud by Sen. Adam Schiff (D-CA) has been referred to the Department of Justice (DOJ) for criminal prosecution. Fox News reports that Bill Pulte, director of the Federal Housing Finance Agency (FHFA), sent a letter to Attorney General Pam...
John Hancock’s Boston Home Listed for Sale
The property is currently being used as a law office, and pricing information is available upon request. Continue Reading John Hancock’s Boston Home Listed for Sale
Foreclosure Activity Rises During First Half of the Year
During the second quarter, there were 100,687 residential properties with a foreclosure filing, up 7% from the previous quarter and up 13% from one year ago. Continue Reading Foreclosure Activity Rises During First Half of the Year
Kentucky Home Sales Up During June
The state’s median sales price of $285,000 was up 2.2% month-over-month and up 4% year-over-year. Continue Reading Kentucky Home Sales Up During June
Occupi Raises $3.1 Million in Seed Funding Round
Fenway Summer and Assurant Ventures co-led the round. Continue Reading Occupi Raises $3.1 Million in Seed Funding Round
CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings
“How do agents and brokers keep earning commissions when Zillow aggressively holds the reins over four major real estate portals?” Florance asked. Continue Reading CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings
Court Dismisses Homie’s Lawsuit Against NAR
The court decided Homie failed to adequately present its case. Continue Reading Court Dismisses Homie’s Lawsuit Against NAR
Report: REITs Raised $22.5 Billion in Q2
There were no merger and acquisition deals in this sector during the first half of the year. Continue Reading Report: REITs Raised $22.5 Billion in Q2
Is Trump Firing Powell? News Reports Claim He Might, Trump Says ‘Highly Unlikely’
A recent Supreme Court decision stated that the president does not have the authority to remove Fed officials at will. Continue Reading Is Trump Firing Powell? News Reports Claim He Might, Trump Says ‘Highly Unlikely’
Study: Detroit is the Top City for Property Tax Rates
When it comes to property taxes across the nation’s major cities, Detroit homeowners pay the highest amounts while their counterparts in Honolulu pay the lowest. According to the latest 50-State Property Tax Comparison Study published by the Lincoln Institute of Land...
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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