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Ohio Governor Signs 5 Property Tax Relief Bills into Law
Gov. DeWine said the bills provide “meaningful relief” compared to a potential ballot measure that would eliminate property taxes. Continue Reading Ohio Governor Signs 5 Property Tax Relief Bills into Law
Ohio Governor Signs 5 Property Tax Relief Bills into Law
Gov. DeWine said the bills provide “meaningful relief” compared to a potential ballot measure that would eliminate property taxes. Continue Reading Ohio Governor Signs 5 Property Tax Relief Bills into Law
Ground Broken on 365-Unit Multifamily Community in Aurora, Colorado
A joint venture between multifamily developer Wood Partners and real estate investment manager Clarion Partners officially broke ground on Alta Metro Center in Aurora, Colorado. The 365-unit project encompasses a quartet of four-story buildings featuring a mix of...
MISMO Names Amy Moses as VP of Strategic Growth
MISMO, the real estate finance industry's standards organization, has hired Amy Moses as vice president of strategic growth. In this role, Moses will lead MISMO’s growth and revenue strategy, drive expanded industry engagement, and cultivate strategic partnerships...
UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
UWM Holdings Corporation (NYSE: UWMC), the parent of United Wholesale Mortgage (UWM), is acquiring Two Harbors Investment Corp. (NYSE: TWO), a real estate investment trust, in an all-stock transaction for $1.3 billion. Two Harbors is one of the nation’s largest...
NEWS & CURRENT EVENTS
Von Maur Department Stores to Open First New Jersey Location
The three-level, approximately 164,000 square foot Von Maur location expects to employ approximately 150 full-time and part-time associates. Continue Reading Von Maur Department Stores to Open First New Jersey Location
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
New Report Names Detroit as America’s Neediest City
“The city has the third-highest share of households lacking complete plumbing facilities and the 10th-highest share lacking complete kitchen facilities,” the report said. Continue Reading New Report Names Detroit as America’s Neediest City
Builder Confidence Inches Up Slightly, But Pessimism Remains
The latest HMI survey also found 40% of builders were cutting prices in December. Continue Reading Builder Confidence Inches Up Slightly, But Pessimism Remains
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Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. Continue Reading Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
Government Watchdog Agency Opens Probe into FHFA’s Pulte
Pulte and the FHFA did not publicly comment on the report. Continue Reading Government Watchdog Agency Opens Probe into FHFA’s Pulte
Starter Home Sales Up Nearly 5%
The typical starter home price rose 2% year-over-year to $260,000 in October. Continue Reading Starter Home Sales Up Nearly 5%
Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations
The survey found that 65.3% of Indiana districts already reduced or will reduce support staff, while 55.8% have already reduced or will reduce teaching staff. Continue Reading Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations
Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Qualification can be obtained through 12 months of personal or business bank statements, or one year’s full documentation. Continue Reading Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Mortgage Rates Drop for Second Straight Week
The 30-year fixed-rate averaged 6.19% as of Dec. 4. Continue Reading Mortgage Rates Drop for Second Straight Week
US Institute of Peace HQ in Washington Renamed for Trump
The new name for the building comes ahead of today’s scheduled meeting between Trump and leaders from Rwanda and the Democratic Republic of Congo. Continue Reading US Institute of Peace HQ in Washington Renamed for Trump
Trump Pardons Ex-CEO of Oak View Group Indicted by His Justice Department
CNN reports Leiweke’s pardon was coordinated by Trey Gowdy, a former South Carolina congressman and Fox News host. Continue Reading Trump Pardons Ex-CEO of Oak View Group Indicted by His Justice Department
Report: California is Home to Four of the Top Five Riskiest Housing Markets
The new report determined that 16 of the 50 highest risk markets were in California. Continue Reading Report: California is Home to Four of the Top Five Riskiest Housing Markets
Century Communities Begins Home Sales at New Michigan Community
Pricing for the new homes starts in the mid $300,000s. Continue Reading Century Communities Begins Home Sales at New Michigan Community
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