Featured Real Estate News
Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
Trumark Homes, the San Ramon, California-based homebuilder, announced it is expanding into the Pacific Northwest with the acquisition of Sumner, Washington-based homebuilder JK Monarch. According to Trumark, this acquisition will expand the company’s footprint in the...
Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
The financial terms of the deal were not disclosed. Continue Reading Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
Existing Home Sales Up 5.8% in December
December’s existing home sales were up by 5.1% from the previous month to a seasonally adjusted annual rate of 4.35 million, according to data from the National Association of Realtors (NAR). Compared to one year earlier, sales were up by 1.4% Month-over-month sales...
FHFA’s Pulte Threatens Builders Over Stock Repurchasing
Federal Housing Finance Agency (FHFA) Director Bill Pulte has made an unsubtle threat against home builders if they continue making stock repurchases. In a Wall Street Journal interview, Pulte accused builders of intentionally keeping home prices elevated and called...
Alec Baldwin Shoots Down the Price on Hamptons Mansion
Actor Alec Baldwin has reduced the price of his 8.28-acre Hamptons estate one month after relisting it. Realtor.com reports the five-bedroom, 5.5-bathroom residence in Amagansett, New York, was back on the market last month for $21 million – it was first listed for...
News & Current Events
Mortgages Above 6% Now Exceed Share of Mortgages Below 3%
During the third quarter of 2025, 21.2% of outstanding mortgages carried interest rates of 6% or higher, compared to the 20.0% share with rates below 3%. Continue Reading Mortgages Above 6% Now Exceed Share of Mortgages Below 3%
Mortgage Application Activity Soars by 28.5%
“Refinance applications surged 40% to the strongest weekly pace since October 2025,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Soars by 28.5%
Matthew Fries Named CEO and President at Inland Real Estate Investment Corporation
Prior to joining Inland Investments, Fries was head of investment products and partner solutions at Cetera Financial Group. Continue Reading Matthew Fries Named CEO and President at Inland Real Estate Investment Corporation
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Exclusive News
Hits and Misses for the Real Estate Week of June 9-13
The closing of HUD’s Los Angeles field offices by the ongoing riots, Ohio lawmakers kowtowing to the Cleveland Browns, and a real estate agent who keeps selling at 100. Continue Reading Hits and Misses for the Real Estate Week of June 9-13
California Attorney General Sues Statewide Landlord, Citing Violations of Multiple Laws
The Nijjar family and their related companies own and manage over 22,000 rental housing units statewide. Continue Reading California Attorney General Sues Statewide Landlord, Citing Violations of Multiple Laws
Oakland’s Largest Hotel Going to a Foreclosure Auction
The property is the headquarters and practice facility of the WNBA’s Golden State Valkyries. Continue Reading Oakland’s Largest Hotel Going to a Foreclosure Auction
Fairway Independent Mortgage Acquires Hallmark Home Mortgage
The acquired company will become Hallmark Home Mortgage, Powered by Fairway. Continue Reading Fairway Independent Mortgage Acquires Hallmark Home Mortgage
New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
“Clearly, our taxpayers are telling us across Ohio that the current status quo is not working,” said Rep. David Thomas. Continue Reading New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA
Louis Belletieri is scheduled to be sentenced on Sept. 12 and faces a maximum possible sentence of 40 years’ imprisonment. Continue Reading Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA
Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
“That is a Pandora’s box the court refuses to open,” said US District Judge Franklin Valderrama. Continue Reading Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
Office-to-Residential Conversion Begins on DC Property
The eight-story, 536,000-square-foot office building opened in 1992 and will become an 11-story, 658,000-square-foot modern apartment building. Continue Reading Office-to-Residential Conversion Begins on DC Property
265-Unit Seattle Multifamily Community is Acquired for $173 Million
The 16-story Danforth was constructed in 2018 at the intersection of Seattle’s First Hill and Capitol Hill neighborhoods. Continue Reading 265-Unit Seattle Multifamily Community is Acquired for $173 Million