Featured Real Estate News
30-Year Fixed-Rate Mortgage Surges to 6.22%
Mortgage rates surged in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of March 19, up from last week when it averaged 6.11%. A year ago at this time, it averaged 6.67%. The 15-year...
30-Year Fixed-Rate Mortgage Surges to 6.22%
A year ago at this time, it averaged 6.67%. Continue Reading 30-Year Fixed-Rate Mortgage Surges to 6.22%
Northrop Realty Expands into Florida Luxury Market
Northrop Realty has expanded its territorial presence by expanding into Florida’s luxury housing market with the opening of its first office in Naples. The Naples office will be led by the Naples Luxury Group of Northrop Realty, under the leadership of David and...
Report: Trump Offered to Unfreeze Infrastructure Funds if Penn Station and Dulles Airport Were Renamed for Him
President Trump has reportedly insisted that he would release $16 billion in withheld infrastructure funds unless Senate Minority Leader Chuck Schumer (D-NY) agreed to rename New York City's Penn Station and Washington's Dulles International Airport after him. Axios,...
Ohio Gov. DeWine: Abolishing Property Taxes ‘Would Just Be Devastating’
Ohio Gov. Mike DeWine has issued a new warning against the growing grassroots effort to eliminate property taxes statewide, claiming such an action would result in hikes of other taxes to compensate for lost revenue. 10TV.com reports the Republican governor, who is in...
News & Current Events
Tampa Bay Rays Unveil First Renderings of Proposed Domed Stadium
The 31,000-seat stadium will encompass approximately 130 acres, along with a mixed-use district. Continue Reading Tampa Bay Rays Unveil First Renderings of Proposed Domed Stadium
Redfin Debuts Real Estate App in ChatGPT
“We believe this additional entry point into our listings and data will make home searchers’ lives easier,” said Redfin’s Ariel Dos Santos. Continue Reading Redfin Debuts Real Estate App in ChatGPT
Kristen Stewart Buys Historic Los Angeles Theater
Stewart did not reveal the purchase price for the venue or the budget for the interior renovations. Continue Reading Kristen Stewart Buys Historic Los Angeles Theater
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Exclusive News
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
Northeast Florida Brokerage First Coast Joins Christie’s International Real Estate
The 130-plus agent firm, which was formerly branded under Engel & Völkers, was established in 2018 by Corey Hasting Continue Reading Northeast Florida Brokerage First Coast Joins Christie’s International Real Estate
Polish Hotelier Offers Free Party for Couples Who Conceive While Staying at His Hotels
Wladyslaw Grochowski pointed to Poland’s low birth rate as a primary inspiration for his unlikely benevolence. Continue Reading Polish Hotelier Offers Free Party for Couples Who Conceive While Staying at His Hotels
New Home Sales Surge by 20.5%
The median sales price of new houses sold last month was $413,500. Continue Reading New Home Sales Surge by 20.5%
Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case
The case is still active within the US Attorney’s Office for the Eastern District of Virginia. Continue Reading Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case
Mortgage Application Activity Records Slight Uptick
Among the federal programs, the FHA share of total applications decreased to 15.7% from 16.3% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick