Featured Real Estate News
St. Petersburg Mayor: City is in ‘Better Place’ Without New Stadium for Tampa Bay Rays
St. Petersburg Mayor Ken Welch has no regrets that the Tampa Bay Rays withdrew their plans last year to build a stadium in his city. Indeed, he’s quite happy about it. Last March, the team discontinued its plans for a new $1.3 billion, 30,000-seat venue in St....
St. Petersburg Mayor: City is in ‘Better Place’ Without New Stadium for Tampa Bay Rays
St. Petersburg Mayor Ken Welch has no regrets that the Tampa Bay Rays withdrew their plans last year to build a stadium in his city. Indeed, he’s quite happy about it. Last March, the team discontinued its plans for a new $1.3 billion, 30,000-seat venue in St....
FHA Releases MMI Fund Report for FY 2025
The Federal Housing Administration (FHFA) has released its Fiscal Year 2025 report on the state of the Mutual Mortgage Insurance Fund (MMI Fund), a $1.6 trillion single-family mortgage portfolio. According to the report, the MMI Fund’s Capital Ratio as of Sept. 30 was...
Mortgage Rates Drop to Lowest Level of 2025
The final Primary Mortgage Markey Survey published by Freddie Mac (OTCQB: FMCC) found 2025 ending with mortgage rates at their lowest level of the year. The 30-year fixed-rate mortgage averaged 6.15% as of Dec. 31, down from last week when it averaged 6.18%. A year...
CMBS Delinquency Rate Ends 2025 at 7.30%
The delinquency rate for commercial mortgage-backed securities (CMBS) ended 2025 with a four basis points uptick to 7.30%, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 73 basis points from 6.57%. However, Trepp noted the...
News & Current Events
reAlpha Mortgage Launches Loan Officer Recruitment Program
“This program was built around what experienced originators consistently ask for: clarity, support, and fewer operational obstacles,” said CEO Jamie Cavanaugh. Continue Reading reAlpha Mortgage Launches Loan Officer Recruitment Program
Kansas Home Sales Declined During November
The median sale price in November was $277,000, up by 4.5% from the $265,000 price recorded in the prior year. Continue Reading Kansas Home Sales Declined During November
Iowa Home Sellers Will Need to Disclose Presence of Lead Water Lines
Chris Delfs, board president of the Northwest Iowa Board of Realtors, welcomed the new state law. Continue Reading Iowa Home Sellers Will Need to Disclose Presence of Lead Water Lines
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A Phil Hall Op-Ed: The Housing Crisis That Andrew Cuomo Built
On Aug. 5, 2008, the left-leaning Village Voice ran a cover story that assigned blame for the housing crisis on Cuomo. Continue Reading A Phil Hall Op-Ed: The Housing Crisis That Andrew Cuomo Built
America’s Most Bed Bug-Infested City Is…
For the second year in a row, Philadelphia claimed the top spot on this less-than-desirable list. Continue Reading America’s Most Bed Bug-Infested City Is…
Montreal Area Home Sales Up 10% from Last Year
Last month’s total of 22,462 active listings for single-family homes was unchanged from one year earlier. Continue Reading Montreal Area Home Sales Up 10% from Last Year
Grant Cardone Urges Trump to Fire ‘Idiot’ Jerome Powell
The real estate investor has publicly toyed with running for governor of California. Continue Reading Grant Cardone Urges Trump to Fire ‘Idiot’ Jerome Powell
California Program to Offer Mortgage Relief to Disaster Victims
Eligible homeowners will be able to apply for grants covering up to three months of mortgage payments, up to $20,000 total. Continue Reading California Program to Offer Mortgage Relief to Disaster Victims
Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
Simmons acquired the property for $670,000 in the early 1980s when his celebrity status began to rise. Continue Reading Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
New Forecast Warns of Severe Drop in Boston’s Office Property Tax Revenues
The forecast predicted the city government will need to enact a residential property tax rate hike between 1.27% and 1.38% to fill the revenue gap over the coming five years. Continue Reading New Forecast Warns of Severe Drop in Boston’s Office Property Tax Revenues
Merger Between Property Management Divisions of Alfred and Quarterra
Brad Greiwe, CEO of Quarterra, will join the Alfred board of directors. Continue Reading Merger Between Property Management Divisions of Alfred and Quarterra
Hits and Misses for the Real Estate Week of June 2-6
Different strategies for financing new stadiums, problematic approaches to cutting property taxes, and a misguided attempt to generate five-star online reviews. Continue Reading Hits and Misses for the Real Estate Week of June 2-6