Featured Real Estate News
Mortgage Application Activity Sinks Amid Pullback in Refinancing
A sharp decline in refinancing sparked by rising mortgage rates and a new wave of economic uncertainty caused mortgage application activity to sink during the week ending March 13, according to data from the Mortgage Bankers Association (MBA). “Mortgage rates...
Mortgage Application Activity Sinks Amid Pullback in Refinancing
“Purchase applications remained steady despite the higher rates,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Sinks Amid Pullback in Refinancing
Killam Apartment REIT Completes $29.6 Million Purchase of Halifax Apartment Complex
Killam Apartment REIT (TSX: KMP.UN) has completed the $29.6 million acquisition of Forrest Green Apartments, a 13-storey, 109-suite apartment building located in the Clayton Park section of Halifax, Nova Scotia. Forrest Green was constructed in 1973 and is comprised...
Denver to Stop Mailing Property Tax Statements
Denver homeowners will no longer be receiving their property tax statements by mail. CBS News reports the City and County of Denver are sending postcards to property owners that offer instructions on viewing and paying their annual property taxes on the city's...
Trump Sparks Backlash Over Affordable Homeownership Comments
President Trump generated a wave of mostly negative response from his comments during yesterday’s Cabinet meeting where he insisted on keeping home prices high and appeared to denigrate many first-time homebuyers as not being deserving of the American Dream. During...
News & Current Events
NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program
He blamed the administration of his predecessor, Eric Adams, for his change in direction. Continue Reading NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program
SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
The SBA said residents can immediately begin rebuilding using $3.2 billion in federal disaster relief that has been approved for the region. Continue Reading SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
Saks Off 5th to Close Most of its Stores
Saks Global is also closing the five remaining Last Call stores that served as a discount venue for Neiman Marcus. Continue Reading Saks Off 5th to Close Most of its Stores
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Report: 1 in 4 Homes Exposed to Acute Climate Risks
“Climate risks are no longer a distant threat for U.S. housing—they are a present reality that put a large chunk of US real estate value at risk,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Report: 1 in 4 Homes Exposed to Acute Climate Risks
Experian Updates System to Enable Review of Consumer Rent Histories and Payments
“We’re helping renters take control of their housing journey,” said Manjit Sohal, vice president of product management for Experian Housing. Continue Reading Experian Updates System to Enable Review of Consumer Rent Histories and Payments
Crittora Introduces Tool for Combating Wire Fraud in Real Estate Closings
The new platform’s features include identity-locked encryption that only allows the intended recipient to access a document. Continue Reading Crittora Introduces Tool for Combating Wire Fraud in Real Estate Closings
Mortgage Application Activity Drops by 1.2%
The FHA share of total applications increased to 19.9% from 19.1% the week prior. Continue Reading Mortgage Application Activity Drops by 1.2%
PennyMac Correspondent Group to Launch Non-QM Products
Pennymac intends to retain servicing on all non-QM products. Continue Reading PennyMac Correspondent Group to Launch Non-QM Products
Federal Reserve Drama: Pulte Schedules Cook-Bashing Event Directly Opposite Miran Confirmation Hearing
Cook has not been indicted and has sued the Trump administration to block its efforts to remove her. Continue Reading Federal Reserve Drama: Pulte Schedules Cook-Bashing Event Directly Opposite Miran Confirmation Hearing
First National Bank to Add 30 New Branches in Next 5 Years
Most of the planned branches will be based in North Carolina, South Carolina and the bank’s Mid-Atlantic Region spanning Maryland, Virginia and Washington, DC. Continue Reading First National Bank to Add 30 New Branches in Next 5 Years
MG Properties Expands into Texas with Acquisition of Dallas-Area Apartment Community
The 361-unit community opened in March 2024 and encompasses one-, two-, and three-bedroom apartments with rents starting at roughly $1,500 per month. Continue Reading MG Properties Expands into Texas with Acquisition of Dallas-Area Apartment Community
Broadshore Capital Partners Announces Management Buyout
The transition to full independence will not impact the firm’s day-to-day operations or client relationships. Continue Reading Broadshore Capital Partners Announces Management Buyout