Featured Real Estate News
Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Illinois Gov. JB Pritzker is acknowledging that his state’s property taxes are too high, but he insists he has no control over the situation. Capital City Now reports Pritzker absolved himself and the state legislature of being responsible for property tax hikes,...
Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Pritzker added the state was trying to alleviate the tax burden by providing more money for education. Continue Reading Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
President Trump is reportedly open to the idea of relocating New York City’s Madison Square Garden as part of the plan to redevelop the Penn Station transit hub. According to a report in The Gothamist based on input from “four sources who have knowledge of the Oval...
Mortgage Rates Surge for Fourth Straight Week
Mortgage rates continued to rise for the fourth straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.38% as of March 26, up from last week when it averaged 6.22%. A year ago...
Report: Most Homes Were Unaffordable During Q1
Homes were less affordable than historical averages in 97% of counties with sufficient data to analyze for the first quarter of this year, according to a new data report from ATTOM. The new report found major monthly expenses for median-priced single-family homes and...
News & Current Events
Fannie Mae to Back New Crypto-Backed Mortgages
The new mortgages will be originated and serviced by Better, with Bitcoin and USDC pledges powered by Coinbase. Continue Reading Fannie Mae to Back New Crypto-Backed Mortgages
FHFA’s Pulte Files New Criminal Referrals Against NY AG Letitia James
The new criminal referrals follow the Trump administration’s failed efforts to secure a mortgage fraud indictment against James. Continue Reading FHFA’s Pulte Files New Criminal Referrals Against NY AG Letitia James
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
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Would You Pay to Improve Your Neighbor’s Yard Before Selling Your Home?
93% of survey respondents indicated that a poorly maintained neighboring lawn signals lower home value to some degree. Continue Reading Would You Pay to Improve Your Neighbor’s Yard Before Selling Your Home?
Century Communities to Begin Sales at New Arizona Development
Century Communities Inc. (NYSE: CCS) announced that its Century Complete brand will soon open for sales at Western Crossings, a new community in Florence, Arizona. Western Crossings will offer two-story single-family homes, with floor plans up to five bedrooms and...
Wall Street Journal Editors: Senate Housing Bill a ‘Pork-Filled’ Win for Sen. Elizabeth Warren
The Journal further complained the problems facing the housing market were not caused by institutional investors. Continue Reading Wall Street Journal Editors: Senate Housing Bill a ‘Pork-Filled’ Win for Sen. Elizabeth Warren
Eviction-Threatened Mickey Rourke Vacates Rented Los Angeles House
Rourke vehemently denied knowledge of a GoFundMe campaign to fight the eviction. Continue Reading Eviction-Threatened Mickey Rourke Vacates Rented Los Angeles House
Bridge Housing Exceeds $90 Million at First Close of New Impact Fund
The first close marks the beginning of the Impact Fund’s acquisition phase, with Bridge Housing anticipating the purchase of approximately 20 properties totaling an estimated 3,500 units. Continue Reading Bridge Housing Exceeds $90 Million at First Close of New Impact Fund
Mamdani to Suspend NYC’s Tax Lien Sale Program
Under the program, the city can sell a property tax lien when the owner owes as little as $5,000. Continue Reading Mamdani to Suspend NYC’s Tax Lien Sale Program
Purchase Activity Fuels Mortgage Application Uptick
The FHA share of total applications increased to 17.1% from 15.8% the week prior. Continue Reading Purchase Activity Fuels Mortgage Application Uptick
FICO Rolls Out Portfolio Benchmarking Tools for Lenders
The new platform’s suite of tools enables financial institutions to analyze benchmarking data and simulate the impact of alternative data strategies on portfolio outcomes. Continue Reading FICO Rolls Out Portfolio Benchmarking Tools for Lenders
Rhode Island Brokerage HomeSmart Professionals Joins REMAX Brand
The brokerage will now operate as REMAX Revolution. Continue Reading Rhode Island Brokerage HomeSmart Professionals Joins REMAX Brand