Featured Real Estate News
Mortgage Credit Availability Improved in February
Access to mortgage credit increased in February, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI rose by 1.1% to 107.1 in February. A decline in the MCAI indicates that lending standards are...
Mortgage Credit Availability Improved in February
“Most of last month’s supply growth was in loan programs that allowed for cash-out refinance and on investor homes,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in February
Ginnie Mae Reports $526.4 Billion MBS Issuance for FY 2025
Ginnie Mae announced it generated a total issuance was $526.4 billion for its fiscal year 2025, a 7.2% year-over-year increase in the outstanding portfolio. As a result of this issuance total, the agency’s mortgage-backed securities portfolio grew by $190.9 billion to...
Virginia Home Sales Up 7.3% in December
A total of 8,482 homes sold in Virginia during in December, a 7.3% year-over-year increase representing an additional 575 sales. According to data from the Virginia Realtors, the state recorded 6,745 new listings in December, a 1.8% uptick from one year earlier....
Grant Cardone Calls on Trump to Extend Bonus Depreciation to Homeowners
High-profile real estate investor Grant Cardone has called on President Trump to extend the concept of bonus depreciation to homeowners. During his speech before the World Economic Forum in Davos, Switzerland, on Wednesday, Trump briefly touched on whether homeowners...
News & Current Events
Pennsylvania Home Sales and Prices Dropped in December
The decline in sales was mirrored by a decline in new listings – 30,595 in December, compared to 34,812 one year earlier. Continue Reading Pennsylvania Home Sales and Prices Dropped in December
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.09% as of Jan. 22. Continue Reading Mortgage Rates Inch Up Slightly
REMAX: December Home Sales Up 14.9%
“For buyers, easing rates and more options created opportunities that didn’t exist a year ago,” said REMAX CEO Erik Carlson. Continue Reading REMAX: December Home Sales Up 14.9%
Recent Posts
Popular Articles
Exclusive News
A Phil Hall Op-Ed: Bill Pulte, Ken Paxton, and Hypocrisy in Mortgage Fraud Probes
Is the FHFA director intentionally refusing to investigate mortgage fraud claims against the Republican attorney general in Texas? Continue Reading A Phil Hall Op-Ed: Bill Pulte, Ken Paxton, and Hypocrisy in Mortgage Fraud Probes
New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
This is the second ongoing effort to put property tax reform on the Nebraska ballot. Continue Reading New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
The 36-story, 382,500-rentable-square-foot building is based directly above the flagship Saks Fifth Avenue department store. Continue Reading Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
Dillard’s Buys Dallas-Area Mall for $34 Million
The 638,000-square-foot Longview Mall opened in 1978. Continue Reading Dillard’s Buys Dallas-Area Mall for $34 Million
New Home Sales Down 0.6% in July
The median sales price of new houses sold in July was $403,800, a 0.8% dip from June’s price of $407,200 and 5.9% below the July 2024 price of $429,000. Continue Reading New Home Sales Down 0.6% in July
Long-Lost Nazi-Looted Artwork Spotted in Online Real Estate Listing
An 18th century painting that was stolen by the Nazis from a Dutch Jewish art dealer and disappeared for decades has been spotted in an online real estate listing in Argentina. The Dutch newspaper AD reports “Portrait of a Lady” by the Italian painter Vittore...
Morgan Properties Acquires Dream Residential REIT for $354 Million
Following the conclusion of the acquisition, Dream Residential REIT will cease to be publicly traded. Continue Reading Morgan Properties Acquires Dream Residential REIT for $354 Million
St. Louis-Area Man Pleads Not Guilty for Conspiring to Steal 16 Homes and a Duplex
James L. Townes Jr. is accused of falsely claiming to be disabled. Continue Reading St. Louis-Area Man Pleads Not Guilty for Conspiring to Steal 16 Homes and a Duplex
New Website Offers Information for Households Moving to Texas
The site will offer advice on moving plus the cost of living, and cultural differences that are unique to Texas. Continue Reading New Website Offers Information for Households Moving to Texas