Featured Real Estate News
New CTO at Boxabl
The Las Vegas-headquartered modular housing manufacturer Boxabl Inc. announced the appointment of Shanmugam "Shan" Palaniappan as chief technology officer (CTO). Palaniappan was most recently senior vice president of engineering at Sagent, a mortgage and consumer...
New CTO at Boxabl
Palaniappan was most recently senior vice president of engineering at Sagent, a mortgage and consumer fintech. Continue Reading New CTO at Boxabl
New Jersey Home Sales Slump While Prices Keep Rising
New Jersey recorded 4,332 single-family closed sales during November, an 8.2% decline from the 4,721 transactions recorded one year earlier. Pending sales totaled 3,999, a 7.9% drop from the 4,343 pending sales in November 2024. According to data from New Jersey...
$15 Million Allocated for Virginia Workforce Housing Investment Program
Gov. Glenn Youngkin announced the allocation of over $15 million in funding for the Virginia Workforce Housing Investment Program. The program provides loans, loan subsidies, and grants to support communities developing housing for homeowners and renters making 80% to...
Freddie Mac’s Christmas Gift: Mortgage Rates Continue to Decline
Freddie Mac (OTCQB: FMCC) reported new mortgage rate declines in the Christmas Eve edition of its Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.18% as of Dec. 24, down from last week when it averaged 6.21%. A year ago at this time, it...
News & Current Events
Alabama Recorded Increase in Home Sales During November
The median sales price in Alabama grew by $39,275 year-over-year to $251,784, an 18.5% annual increase but a 0.6% drop month-over-month. Continue Reading Alabama Recorded Increase in Home Sales During November
Modular Housing Provider Boxabl Receives California License as ‘Commercial Modular Manufacturer’
This development follows the company’s ongoing progress toward its proposed merger with FG Merger II Corp. Continue Reading Modular Housing Provider Boxabl Receives California License as ‘Commercial Modular Manufacturer’
Mortgage Application Activity Down by 5%
Among the federal programs, the FHA share of total applications increased to 20.8% from 19.5% the week prior. Continue Reading Mortgage Application Activity Down by 5%
Popular Articles
Exclusive News
Permits to Build Multifamily Housing Fall Below Pre-Pandemic Levels
Redfin blamed the slowing of multifamily construction on a combination of flattening rents and higher borrowing costs. Continue Reading Permits to Build Multifamily Housing Fall Below Pre-Pandemic Levels
Six Flags to Close Maryland Amusement Park and Sell 500-Acre Property
CBRE has been hired to market the roughly 500-acre property for sale. Continue Reading Six Flags to Close Maryland Amusement Park and Sell 500-Acre Property
Century Communities Unveils New Atlanta-Area Community
The new community will feature nearly 100 single-family homes priced from the low $300,000s. Continue Reading Century Communities Unveils New Atlanta-Area Community
$3 Billion Tokenization Deal Focused on Dubai Properties
The agreement is the largest real-world asset (RWA) tokenization initiative globally to date. Continue Reading $3 Billion Tokenization Deal Focused on Dubai Properties
Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million
The auction will take place on-site at San Juliette on May 17 at 11:00 a.m. PDT. Continue Reading Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million
Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents
The company said its policy shift was designed to provide fair access to inventory. Continue Reading Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents
The State with the Greatest Increase in Mortgage Debt Is…
Vermont was the only state with an increase above 2%. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
Mortgage Rates Continue Their Decline
The 30-year fixed-rate mortgage averaged 6.76% as of May 1, down from last week when it averaged 6.81%. Continue Reading Mortgage Rates Continue Their Decline
Century 21 in New Partnership with The Institute for Luxury Home Marketing
The new partners have launched a co-branded quarterly report that provides market data on the luxury home market. Continue Reading Century 21 in New Partnership with The Institute for Luxury Home Marketing