Featured Real Estate News
Toronto Home Sales Up Despite Decline in New Listings
A total of 5,039 homes were sold in March through the Toronto Regional Real Estate Board’s (TRREB) MLS System, a 1.7% increase from one year earlier. This occurred while new listings were entered into the MLS System were down 16.7% year-over-year, for a March total of...
Toronto Home Sales Up Despite Decline in New Listings
The average selling price last month of $1.01 million was down by 6.7% compared to March 2025. Continue Reading Toronto Home Sales Up Despite Decline in New Listings
Deltec Homes Debuts New Line of Affordable Dwelling Units
Asheville, North Carolina-headquartered Deltec Homes has rolled out its new Backyard Cottages line of affordable accessory dwelling units (ADUs). The collection launches with two models: the Refuge (326 square feet) and the Sanctuary (517 square feet). Both feature...
FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
As the 30-year fixed-rate mortgage fell below 6% for the first time since 2022, Federal Housing Finance Agency Director Bill Pulte has credited President Trump as being the only reason that decline occurred. In a post on his personal X account, Pulte cheered,...
Former FHA Commissioner Brian D. Montgomery Joins NewDay USA as Vice Chairman
NewDay USA, the West Palm Beach, Florida-headquartered mortgage lender focused on the veteran community, has hired Brian D. Montgomery as vice chairman of the company's advisory board. Montgomery is the only individual to serve as commissioner of the Federal Housing...
News & Current Events
NYC Mayor Mamdani Lobbies Trump for $21 Billion to Fund Affordable Housing Project
The White House did not comment on the meeting. Continue Reading NYC Mayor Mamdani Lobbies Trump for $21 Billion to Fund Affordable Housing Project
North Carolina Attorney Sentenced for Role in Real Estate Fraud Scheme
The North Carolina Department of the Secretary of State prosecuted the case at the request of the Buncombe County District Attorney’s Office. Continue Reading North Carolina Attorney Sentenced for Role in Real Estate Fraud Scheme
Poll Finds Wisconsin Voters Prefer Lowering Property Taxes Over Funding Public Schools
“It’s not as simple as just paying for schools from property taxes; the state has a role in that as well,” said poll director Charles Franklin. Continue Reading Poll Finds Wisconsin Voters Prefer Lowering Property Taxes Over Funding Public Schools
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HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Turner added the American people were “depending on us.” Continue Reading HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
This is the first purchase for Advanced’s new Opportunity Fund (Advanced Fund 24-3). Continue Reading Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
NewDay USA said this new product will allow veterans to “compete like cash buyers and close in as few as 15 days.” Continue Reading NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
JLL Capital Markets Secures $565 Million Construction Financing for New Miami Luxury Condo Tower
As of last month, The Residences at 1428 is 57% presold. Continue Reading JLL Capital Markets Secures $565 Million Construction Financing for New Miami Luxury Condo Tower
MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
Whitestone did not immediately issue a public comment on the offer. Continue Reading MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
The property’s last owner was financier Gary Winnick, who acquired it in 2000 for $94 million. Continue Reading LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
CMBS Delinquency Rate Surges to 7.46%
“All five of the major property types saw increases in their respective delinquency rates,” said Vivek Denkanikotte, research associate. Continue Reading CMBS Delinquency Rate Surges to 7.46%
DC-Area Brokerage Reverie Residential Expands to Southern New Hampshire
The brokerage has focused on the District of Columbia, Northern Virginia, and Maryland since 2011. Continue Reading DC-Area Brokerage Reverie Residential Expands to Southern New Hampshire
ECGI Holdings Signs LOI to Acquire Mortgage Lender RezyFi for $30 Million
“This acquisition positions ECGI to bridge the gap between traditional mortgage lending and next-generation financial technology,” said Jamie Steigerwald, president of ECGI Holdings. Continue Reading ECGI Holdings Signs LOI to Acquire Mortgage Lender RezyFi for $30 Million