Featured Real Estate News
Purchase Activity Fuels Mortgage Application Uptick
Mortgage application activity was on the rise for the week ending March 6, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.2% on a seasonally adjusted basis...
Purchase Activity Fuels Mortgage Application Uptick
The FHA share of total applications increased to 17.1% from 15.8% the week prior. Continue Reading Purchase Activity Fuels Mortgage Application Uptick
Virginia Home Sales Down in November
A total of 7,492 closed sales were recorded in Virginia during November, representing 361 fewer than in November 2024 for a nearly 5% decline. According to data from Virginia Realtors, sales also fell 16.8% from October. At the end of November, there were 22,978...
FHFA Issues Enterprise Housing Goals Final Rule for 2026-2028
The Federal Housing Finance Agency (FHFA) released its Enterprise Housing Goals Final Rule for 2026-2028, with lower single‑family low-income benchmarks and unchanged multifamily targets. Under the new Final Rule, Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC)...
Report: Nationwide Mortgage Delinquency Rate at 4-Year High
The number of past-due mortgages rose by 275,000 from October to 2.3 million in November, raising the national delinquency rate to 3.85% — the highest level in over four years. According to a new data report from ICE Mortgage Technology, a division of Intercontinental...
News & Current Events
Democratic Attorneys General Sue to Block Defunding of the CFPB
“This is yet another attempt by the Trump Administration to dismantle and destroy the federal government, laws and Congress be damned,” said Connecticut Attorney General William Tong. Continue Reading Democratic Attorneys General Sue to Block Defunding of the CFPB
Denver City Council Approves $70 Million for New Soccer Stadium
The $70 million budgeted for the project came from moving several projects out of the capital improvement fund. Continue Reading Denver City Council Approves $70 Million for New Soccer Stadium
Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Genesis LA will originate loans to support homeownership, economic development, and nonprofit facilities in the Altadena and Pasadena areas. Continue Reading Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
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233 Cities Have Starter Homes Priced at $1 Million
California continues to lead the nation with the most cities offering $1 million starter homes (113). Continue Reading 233 Cities Have Starter Homes Priced at $1 Million
Two Guilty Pleas in Massachusetts Lender Fraud Case
The case involved Louis R. Masaschi, his wife Jeanette Norman and his sister-in-law Christine Gendron. Continue Reading Two Guilty Pleas in Massachusetts Lender Fraud Case
Profit Margins Down for Q1 Home Sales
ATTOM’s Rob Barber noted that “several communities in Florida and California saw the biggest drop offs.” Continue Reading Profit Margins Down for Q1 Home Sales
Report: South and Midwest Dominate in Homebuilding and Affordability
Realtor.com ranked South Carolina, Iowa, Texas, Indiana, and North Carolina for having the best balance between affordability and new construction. Continue Reading Report: South and Midwest Dominate in Homebuilding and Affordability
Luxury Residential Resort Community to be Built at Lake Travis, Texas
The Canyon Club is a project by Prasso Ventures, a private equity investment group. Continue Reading Luxury Residential Resort Community to be Built at Lake Travis, Texas
Capital Square Opens Luxury Mixed-Use Complex in Raleigh
Maeve includes 297 apartments and more than 10,000 square feet of street-level retail space. Continue Reading Capital Square Opens Luxury Mixed-Use Complex in Raleigh
Christina Pappas Named President at Illustrated Properties
Pappas succeeds Daniel Dennis, who is leaving to pursue new opportunities. Continue Reading Christina Pappas Named President at Illustrated Properties
New Data Center Alliance Aims to Develop Zero-Emission Facilities
The alliance founders are Innovo Profitable Net Zero, ESS, Arco Design/Build, and Corpus Christi Regional Economic Development Corporation. Continue Reading New Data Center Alliance Aims to Develop Zero-Emission Facilities
NJ AG Sues RealPage and Corporate Landlords Over Alleged Rent-Raising Scheme
Matt Platkin, a Democrat, acknowledged his state has a shortage of over 200,000 affordable rental homes. Continue Reading NJ AG Sues RealPage and Corporate Landlords Over Alleged Rent-Raising Scheme