Featured Real Estate News
Mortgage Application Activity Drops by 0.8%
Mortgage application activity slowed during the week ending April 3, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.8% on a seasonally adjusted basis from...
Mortgage Application Activity Drops by 0.8%
The FHA share of total applications decreased to 19.3% from 19.5% the week prior. Continue Reading Mortgage Application Activity Drops by 0.8%
Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
The purchase rights to the San Francisco Centre, the once-grand 1.5 million-square-foot mall that was shuttered in January, has been awarded to a partnership of Presidio Bay Ventures and Prado Group. The San Francisco Chronicle, citing input from unnamed “sources with...
Mark Zuckerberg Drops $170 Million on Florida Estate
Mark Zuckerberg opened his checkbook and transacted one of Florida’s most expensive home sales with a $170 million purchase of a waterfront estate on Miami’s swanky “Billionaire Bunker” island. The Orlando Weekly reports the Meta CEO’s new Sunshine State residence...
40-Acre Maine Village Listed for Sale at $6 Million
Now, here’s something you don’t see every day: a village in Maine is listed for sale. WGME reports the village of Tuthill, a 40-acre property within the town of Pittston, is now on the market for $6 million. Nathan Tuttle, the village’s owner, said his father began...
News & Current Events
New Indiana Public Safety Law Follows Murder of Realtor
The bill passed unanimously through the Indiana House and Senate chambers. Continue Reading New Indiana Public Safety Law Follows Murder of Realtor
First Community Credit Union Acquires Houston Office Tower as New HQ
The financial terms of the purchase were not disclosed. Continue Reading First Community Credit Union Acquires Houston Office Tower as New HQ
NAR Launches New Podcast Series
New episodes will be released on the first and third Wednesday of each month. Continue Reading NAR Launches New Podcast Series
Popular Articles
Exclusive News
Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Prices at Brunson Station will start from the low $300,000s for townhomes and the mid $300,000s for single-family homes. Continue Reading Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
Pulte did not issue any public response to the story. Continue Reading Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
Pennsylvania Home Sales Up by 6.4%
The median price for the homes sold last month was $300,000. Continue Reading Pennsylvania Home Sales Up by 6.4%
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20. Continue Reading Mortgage Rates Inch Up Slightly
Florida Businessman Sentenced for Construction Loan Fraud Schemes
David Ingram, 73, previously pleaded guilty to one count of wire fraud. Continue Reading Florida Businessman Sentenced for Construction Loan Fraud Schemes
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors