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Mortgage Credit Availability Increases for Fifth Straight Month
“Mortgage credit availability increased for the fifth consecutive month to its highest level since 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Increases for Fifth Straight Month
Mortgage Credit Availability Increases for Fifth Straight Month
“Mortgage credit availability increased for the fifth consecutive month to its highest level since 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Increases for Fifth Straight Month
KB Home Unveils New Seattle-Area Community
KB Home (NYSE: KBH), announced the grand opening of Greenleaf Grove, its new cul-de-sac community in the Seattle metro area city of Bothell, Washington. The community’s homes feature two-story floor plans offering up to six bedrooms and three-and-a-half bathrooms....
Gary Mayo Named President of Harmony Homes
Harmony Homes, the Las Vegas-based homebuilding division of The Rhodes Entities, announced the appointment of Gary Mayo as its new president. Mayo comes to Harmony Homes after 27 years as group president at Toll Brothers, where he focused on delivering communities in...
Trump to Push Builders to Increase Home Construction
President Trump announced that he is beginning a campaign to encourage the nation’s homebuilders to create more residences. In a post on Truth Social, Trump stated, “Before I became President, ‘OPEC’ kept Oil prices high. It wasn’t right for them to do that but, in a...
NEWS & CURRENT EVENTS
A Phil Hall Op-Ed: Bill Pulte and the Truth
An appearance earlier today on CNBC’s “Squawk Box” was a rare example where journalists questioned Pulte’s honesty and integrity, to his visible discomfort. Continue Reading A Phil Hall Op-Ed: Bill Pulte and the Truth
Compass Announces Addition of Colorado Home Realty
Founded in 2005, CHR closed $617.2 million in sales volume during 2024. Continue Reading Compass Announces Addition of Colorado Home Realty
Mortgage Rates Continue to Fall
“As rates continue to drop, the number of homeowners who have the opportunity to refinance is expanding,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Continue to Fall
CFPB’s Vought: Government Accountability Office ‘Should Not Exist’
Gene Dodaro, the comptroller general of the GAO, said, “Clearly Russell Vought does not value transparency and accountability.” Continue Reading CFPB’s Vought: Government Accountability Office ‘Should Not Exist’
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Report: America’s Wealthiest 1% Could Buy Up 99% of the Nation’s Homes
The wealthiest 1% own a disproportionate 13.4% share of US real estate. Continue Reading Report: America’s Wealthiest 1% Could Buy Up 99% of the Nation’s Homes
NAR Debuts ‘Right by You’ Advertising Campaign
NAR stated the campaign marks a shift in its creative strategy from the agent-centric “Who We R” campaign. Continue Reading NAR Debuts ‘Right by You’ Advertising Campaign
NYC Completed Nearly 34,000 New Homes in 2024
Only 15,626 permits for new housing were received last year. Continue Reading NYC Completed Nearly 34,000 New Homes in 2024
Winnipeg Real Estate Agents Disciplined for Withholding Information from Homebuyer
The exact nature of the disciplinary measures was not disclosed. Continue Reading Winnipeg Real Estate Agents Disciplined for Withholding Information from Homebuyer
Franklin BSP Realty Trust Acquires NewPoint Holdings
The financial terms of the deal were not disclosed. Continue Reading Franklin BSP Realty Trust Acquires NewPoint Holdings
Lack of Affordable Housing Blamed for Corporations Not Placing HQ in Cyprus
The Association of Large Investment Projects called on the Cypriot government to cut delaying red tape. Continue Reading Lack of Affordable Housing Blamed for Corporations Not Placing HQ in Cyprus
Report: Housing Supply Gap at Nearly 4 Million in 2024
Total housing starts last year were at their lowest level since 2020. Continue Reading Report: Housing Supply Gap at Nearly 4 Million in 2024
Wells Fargo Sues JPMorgan Over Defaulted $481 Million Loan
The lawsuit alleged JPMorgan knew the seller overstated the properties’ historical net operating income by 25%. Continue Reading Wells Fargo Sues JPMorgan Over Defaulted $481 Million Loan
Data Analysis Warns Banks Face Exposure to Ongoing Commercial Real Estate Troubles
Flagstar Bank, Zion Bancorp, Valley National Bank, Synovus Bank, Umpqua Bank and Old National Bank were cited as the banks most at risk. Continue Reading Data Analysis Warns Banks Face Exposure to Ongoing Commercial Real Estate Troubles
Former Quebec Penitentiary to be Transferred to Canada Lands Company
CLC’s plans for the site were not announced. Continue Reading Former Quebec Penitentiary to be Transferred to Canada Lands Company
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