Featured Real Estate News
PennyMac Debuts Non-QM Product Suite
PennyMac Financial Services Inc. (NYSE: PFSI) has launched a suite of non-qualified mortgage (Non-QM) products in its third party origination (TPO) division. According to the Westlake Village, California-based company, the new products are designed to “help TPO...
PennyMac Debuts Non-QM Product Suite
The new products are designed to “help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.” Continue Reading PennyMac Debuts Non-QM Product Suite
Trump Seeks to Ban Institutional Investors from Single-Family Housing Market
President Trump has announced that he will seek to ban institutional investors from acquiring single-family homes. In a post on Truth Social, Trump declared, “For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the...
Mortgage Application Activity Starts 2026 with a Whimper
Mortgage application activity ended 2025 and began 2026 on the downturn, according to data from the Mortgage Bankers Association (MBA) for the two-week period ending Jan. 2. The data includes adjustments for the year-end holidays. The Market Composite Index, the MBA’s...
SEC Reportedly Probing Owner of Austin Real Estate Firm for Securities Fraud
The Securities and Exchange Commission (SEC) is reportedly investigating the owner of an Austin-headquartered real estate firm for alleged securities fraud. The Austin American-Statesman reports the SEC probe is aimed at Alan Stalcup, who runs GVA Property Management...
News & Current Events
Walker & Dunlop Partners with Pretium on Affordable Housing Bridge Loan Joint Venture
The initiative will originate flexible, short-term first-mortgage bridge loans for properties that are being acquired, refinanced, or prepared for long-term government-affordable programs. Continue Reading Walker & Dunlop Partners with Pretium on Affordable Housing Bridge Loan Joint Venture
Healthpeak Properties to Launch Publicly Traded Senior Housing REIT
Healthpeak plans to contribute its 34-community, 10,422-unit senior housing portfolio to Janus Living and will serve as its external manager. Continue Reading Healthpeak Properties to Launch Publicly Traded Senior Housing REIT
Toronto Home Sales and Prices Declined in 2025 Amid Uptick in New Listings
A total of 62,433 home sales were transacted through the through Toronto Regional Real Estate Board’s (TRREB) MLS System during 2025, down by 11.2% from the 70,274 sales recorded in 2024. The decline in sales occurred despite the 10.1% year-over-year increase in the...
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Costco to Open First Standalone Gas Station
The new station will be based in the Los Angeles suburb of Mission Viejo. Continue Reading Costco to Open First Standalone Gas Station
Hilton and Marriott Expand Their Hotel Portfolios Across Africa
“We are witnessing a transformation of Africa’s tourism sector,” said Marriott’s Jerome Briet. Continue Reading Hilton and Marriott Expand Their Hotel Portfolios Across Africa
RE/MAX: Home Sales Up for Fourth Consecutive Month
The median sales price also increased year-over-year for the 23rd straight month to reach $442,000. Continue Reading RE/MAX: Home Sales Up for Fourth Consecutive Month
Bing Crosby’s Northern California Estate Sells at Discounted $25 Million
The French chateau-style residence in Silicon Valley enclave of Hillsborough was built in 1929. Continue Reading Bing Crosby’s Northern California Estate Sells at Discounted $25 Million
Manhattan’s Rental Market Breaks New Price Record
Among property types, studio apartments in Manhattan recorded the greatest rent increase with a 9.5% year-over-year surge to an average of $3,400. Continue Reading Manhattan’s Rental Market Breaks New Price Record
25,000 SF Retail Plaza in Pennsylvania Sells for $12 Million
The property is occupied by a Wawa convenience store and gas station and a Tractor Supply center. Continue Reading 25,000 SF Retail Plaza in Pennsylvania Sells for $12 Million
Builder Confidence Sinks to Lowest Level Since December 2022
“Buyers are increasingly moving to the sidelines due to elevated mortgage rates and tariff and economic uncertainty,” said NAHB Chairman Buddy Hughes. Continue Reading Builder Confidence Sinks to Lowest Level Since December 2022
Mortgage Applications for New Home Purchases Down in May
The average loan size for new homes increased from $376,992 in April to $379,209 in May. Continue Reading Mortgage Applications for New Home Purchases Down in May
Canadian Housing Starts Mostly Flat in May
Montreal posted an 11% year-over-year increase in actual housing starts compared to May 2024, driven by more multi-unit starts. Continue Reading Canadian Housing Starts Mostly Flat in May