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RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
The company argues the new law (S7882/A1417) represents a challenge to free speech and repeats false claims regarding its revenue management software. Continue Reading RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
The company argues the new law (S7882/A1417) represents a challenge to free speech and repeats false claims regarding its revenue management software. Continue Reading RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
91-Unit Rental Home Community Opens in Edmonton
A new 91-unit rental home community has opened in Edmonton, Alberta. The Parkside North Townhomes were built on the former military base Griesbach Barracks. The development was funded with $44.9 million provided by Canada’s federal government, Canada Lands and the...
Mortgage Rates Take Another Tumble
Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16, down from last week when it averaged 6.30%. A year ago at this...
Builder Confidence Rises Despite Market Challenges
There was a new rush of optimism in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which found builder confidence at a 37 level, up five points from September and the highest reading since April. Readings over 50...
NEWS & CURRENT EVENTS
Floating Solar PV System to Power Student Housing at Florida School
The 700kW array, developed by D3Energy, spans nearly two acres and includes 1,200 solar modules secured with an advanced anchoring system built for hurricane-force winds. Continue Reading Floating Solar PV System to Power Student Housing at Florida School
Steve Bakke Named EVP/CFO at Postal Realty Trust
Bakke joins Postal Realty Trust from Realty Income Corp., where he most recently served as senior vice president of corporate finance. Continue Reading Steve Bakke Named EVP/CFO at Postal Realty Trust
$48 Million Beverly Hills Estate Topped August’s List of Most Expensive Home Sales
All 10 of the homes sold for over $25 million and the top two sold for more than $40 million. Continue Reading $48 Million Beverly Hills Estate Topped August’s List of Most Expensive Home Sales
Mortgage Delinquency Rate Up During August
An anomaly in the August calendar might have played a role in the month’s delinquency data. Continue Reading Mortgage Delinquency Rate Up During August
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Listings Featuring Swimming Pools at an All-Time High
Realtor.com acknowledged that homes with pools are generally larger than those without. Continue Reading Listings Featuring Swimming Pools at an All-Time High
Pennsylvania Home Sales Up 11%
April’s median sales price of $295,000 was up 3.5% month-over-month and up 7% since the beginning of the year. Continue Reading Pennsylvania Home Sales Up 11%
Mattamy Homes in New Partnership to Bring Geothermal Energy to its Housing
The new geothermal installations will span Mattamy Homes’ range of single-family residences, townhouses, and multifamily mid-rise and high-rise developments. Continue Reading Mattamy Homes in New Partnership to Bring Geothermal Energy to its Housing
DCHFA Names Melissa Lee as CFO
She succeeds Steve Clinton, who has retired. Continue Reading DCHFA Names Melissa Lee as CFO
MBA Chief: Trump Team ‘Understands Housing and Real Estate Finance’
MBA President and CEO Bob Broeksmit praised the administration’s focus on deregulation. Continue Reading MBA Chief: Trump Team ‘Understands Housing and Real Estate Finance’
SEC Brings Fraud Charges Against Unicoin Over False Real Estate Claims
The charges also include Unicoin CEO and Board Chairman Alex Konanykhin, former President and Board Chairwoman Silvina Moschini, and former Chief Investment Officer Alex Dominguez. Continue Reading SEC Brings Fraud Charges Against Unicoin Over False Real Estate Claims
Mortgage Application Activity Slows Down
The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.1% on a seasonally adjusted basis from one week earlier. Continue Reading Mortgage Application Activity Slows Down
Pacaso Reserves Nasdaq Ticker
Pacaso, the San Francisco-headquartered marketplace for co-owned luxury vacation homes, announced it has reserved the ticker symbol "PCSO" on the Nasdaq Stock Market. According to the company, reserving the ticker symbol does not guarantee a future listing or imply...
Real Estate Broker Announces Bid to Become Maine Governor
David Jones is the broker-owner of the Augusta-based F.O. Bailey Real Estate. Continue Reading Real Estate Broker Announces Bid to Become Maine Governor
New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate
All proceeds from the Louis J. Rogers’ book sales will benefit the Children’s Hospital of Richmond at Virginia Commonwealth University. Continue Reading New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate
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