Featured Real Estate News
CMBS Delinquency Rate Dropped to 7.14% in February
The delinquency rate for commercial mortgage-backed securities (CMBS) decreased by 33 points in February to 7.14%, according to a new data report from Trepp Inc. One year ago, the delinquency rate was 6.30%. “The decline came thanks to a net decrease in overall...
CMBS Delinquency Rate Dropped to 7.14% in February
Three of the five major commercial property sectors recorded delinquency rate declines. Continue Reading CMBS Delinquency Rate Dropped to 7.14% in February
Denver to Stop Mailing Property Tax Statements
Denver homeowners will no longer be receiving their property tax statements by mail. CBS News reports the City and County of Denver are sending postcards to property owners that offer instructions on viewing and paying their annual property taxes on the city's...
Trump Sparks Backlash Over Affordable Homeownership Comments
President Trump generated a wave of mostly negative response from his comments during yesterday’s Cabinet meeting where he insisted on keeping home prices high and appeared to denigrate many first-time homebuyers as not being deserving of the American Dream. During...
NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program
New York City Mayor Zohran Mamdani has backpedaled on a major promise of his election campaign by indefinitely delaying the expansion of the city’s housing voucher program. The Gothamist reports Mamdani ran for mayor in 2025 with the pledge to expand eligibility for...
News & Current Events
SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
The SBA said residents can immediately begin rebuilding using $3.2 billion in federal disaster relief that has been approved for the region. Continue Reading SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
Saks Off 5th to Close Most of its Stores
Saks Global is also closing the five remaining Last Call stores that served as a discount venue for Neiman Marcus. Continue Reading Saks Off 5th to Close Most of its Stores
Hanover Bancorp Names New Chief Commercial Real Estate Lending Officer
Newham was most recently executive vice president and group leader of commercial real estate lending at Dime Community Bank. Continue Reading Hanover Bancorp Names New Chief Commercial Real Estate Lending Officer
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Fed Cuts Rates by Quarter Point
The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting. Continue Reading Fed Cuts Rates by Quarter Point
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
eXp Announces Additions to C-Suite
“Growth isn’t just learned, it’s lived,” said CEO Leo Pareja. Continue Reading eXp Announces Additions to C-Suite
The Agency Expands in Texas with New Office in Waco
The Agency Waco will be led by Managing Partners Amanda Cunningham and Matthew Cunningham. Continue Reading The Agency Expands in Texas with New Office in Waco
Houston Nonprofit Leader Arrested for Running Fraudulent Rental Housing Scheme
Rosemary Tucker, who operates “Hoodies 4 Healing,” was arrested last week after a months-long investigation by the Houston Police Department’s Major Offenders Division. Continue Reading Houston Nonprofit Leader Arrested for Running Fraudulent Rental Housing Scheme
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%