Featured Real Estate News
Mortgage Application Activity Slows Amid Decline in Refinancing
Mortgage application activity slowed during the week ending March 27 amid a steep decline in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, fell by 10.4% on...
Mortgage Application Activity Slows Amid Decline in Refinancing
The VA share of total applications increased to 16.1% from 15.9%. Continue Reading Mortgage Application Activity Slows Amid Decline in Refinancing
30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
The 30-year fixed-rate mortgage averaged 5.98% in today’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.01%. A year ago at this time, it averaged 6.76%. “For the first time in three and a half...
St. Louis Contractor Sentenced to 3 Years for Pandemic Loan Fraud
A St. Louis-area contractor who fraudulently obtained $1.7 million in pandemic loans was sentenced to three years in prison and ordered to repay the money. Coretta “Cory” Elliott owned and operated CMT LLC, a contractor that provided commercial construction,...
Illinois Gov. Pritzker: Indiana Faces ‘Massive Increases in Taxes’ with Proposed Bears Stadium
Illinois Gov. JB Pritzker sought to belittle efforts by Indiana lawmakers to lure the Chicago Bears to their state, accusing the state of dumping a new wave of taxes on residents without seeking their approval. TheIllinoize.com reports Pritzker highlighted reports...
News & Current Events
NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty
The guilty plea would not affect the civil lawsuit brought against him by the Securities and Exchange Commission. Continue Reading NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty
Maryland Home Sales Down Amid Inventory Shortages
The average sales price increased 3.4% year-over-year to $495,038 and the median sales price inched up by 0.5% to $410,000. Continue Reading Maryland Home Sales Down Amid Inventory Shortages
American Express to Build 55-Story HQ at World Trade Center Site
Construction will begin this spring, with completion expected by 2031. Continue Reading American Express to Build 55-Story HQ at World Trade Center Site
Recent Posts
Maryland’s Real Property Search System Taken Offline Amid Cybersecuri…
More White-Collar Jobs in Construction Industry Than Trades Work
Cole West Closes on 38 Homesites for New Utah Community
Blue Owl Capital Acquires Sila Realty Trust for $2.4 Billion
Florida Realtors Group to Merge, Creating New Mega-Association
Popular Articles
Exclusive News
Preservation of Affordable Housing to Start First Development in Maine
The Maine State Housing Authority is providing 4% Low Income Housing Tax Credits, along with low-cost construction and permanent loans. Continue Reading Preservation of Affordable Housing to Start First Development in Maine
The Agency Opens First Office in the Florida Keys
This marks the brokerage’s seventh office in Florida. Continue Reading The Agency Opens First Office in the Florida Keys
Chris Reyes Named Chief Technology Officer at Douglas Elliman Realty
Reyes joins Douglas Elliman from Brown Harris Stevens, where he served as CTO. Continue Reading Chris Reyes Named Chief Technology Officer at Douglas Elliman Realty
Atlanta Fed Chief Bostic to Retire in February
Bostic is the 15th person to lead the Atlanta Fed and is the first Black and openly gay president of a regional Federal Reserve Bank. Continue Reading Atlanta Fed Chief Bostic to Retire in February
New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
The legislation will backdate reauthorization of the program to Sept. 30, 2025, while extending the program’s authorization until Dec. 31, 2026. Continue Reading New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
Realtor.com Launches Spotlight Listings to Help Agents Maximize Listing Visibility
Realtor.com has also enhanced its Local Expert product. Continue Reading Realtor.com Launches Spotlight Listings to Help Agents Maximize Listing Visibility
Tommie Wehrle Named 2026 President of the LGBTQ+ Real Estate Alliance
Wehrle is a learning consultant for Better Homes and Gardens Real Estate in Milford, Connecticut. Continue Reading Tommie Wehrle Named 2026 President of the LGBTQ+ Real Estate Alliance
Simon Property Group Debuts Rewards Program for Mall and Online Shoppers
The company added Simon+ will provide key data and metrics to help inform future marketing strategies. Continue Reading Simon Property Group Debuts Rewards Program for Mall and Online Shoppers
Dirk Wakeham Named President and CEO at RealPage
He was previously president of RealPage following its acquisition of LeasingDesk, the company he founded. Continue Reading Dirk Wakeham Named President and CEO at RealPage