Featured Real Estate News
Mortgage Application Activity Surges by 11%
Mortgage application activity enjoyed a vigorous upswing during the week ending Feb. 27, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11% on a seasonally...
Mortgage Application Activity Surges by 11%
The FHA share of total applications decreased to 15.8% from 16.1% the week prior. Continue Reading Mortgage Application Activity Surges by 11%
Builder Confidence Inches Up Slightly, But Pessimism Remains
Builder confidence ended the year on an uptick, but was still deep in negative territory. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for December inched up one point to a reading of 39, well below the breakeven point of 50....
Canadian Home Sales and Prices Down During November
The total number of home sales recorded in November over Canadian MLS Systems declined 0.6% from the prior month and were down by 10.7% from November 2024, according to data from the Canadian Real Estate Association (CREA). There were 173,000 properties listed for...
Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
The multifamily developer Thompson Thrift announced that it will develop Wrenly, a 214-unit community in the Atlanta suburb of Newnan, Georgia. The 28.6-acre community will include six residential buildings in one-, two-, and three-bedroom configurations, with units...
News & Current Events
Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
The company said the property has been well-maintained by the previous ownership, and there are no significant deferred maintenance needs. Continue Reading Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
A Phil Hall Op-Ed: It Can’t Happen Here, Can It?
Houses of worship are very special pieces of real estate, and violence against these buildings and the people within them has become too commonplace. Continue Reading A Phil Hall Op-Ed: It Can’t Happen Here, Can It?
Canadian Housing Starts Up 9.4%
Montreal posted a 24% year-over-year increase in actual housing starts this month driven by higher multi-unit and single-detached starts. Continue Reading Canadian Housing Starts Up 9.4%
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eXp Realty Releases Advisory Form for Sellers Planning a Private Listing
The form is open-sourced and available now for agents, brokers, and consumers. Continue Reading eXp Realty Releases Advisory Form for Sellers Planning a Private Listing
Inbound Migration to Sun Belt States Waned in 2024
Tampa recorded a net inflow of just over 10,000 residents last year, less than one-third the 35,000-person net inflow in 2023. Continue Reading Inbound Migration to Sun Belt States Waned in 2024
Builder Confidence Records a Scant Uptick Amid Tariff Jitters
“The recent dip in mortgage rates may have pushed some buyers off the fence in March, helping builders with sales activity,” said NAHB Chairman Buddy Hughes. Continue Reading Builder Confidence Records a Scant Uptick Amid Tariff Jitters
Canadian Housing Starts Down in March
Montreal posted a 138% year-over-year increase in actual housing starts in March. Continue Reading Canadian Housing Starts Down in March
Leadership Shifts at American Financial Resources
Robert Pieklo joined AFP as COO in February 2024 following its acquisition by Proprietary Capital. Continue Reading Leadership Shifts at American Financial Resources
Mortgage Application Volume Down 8.5%
The Refinance Index decreased 12% from the previous week. Continue Reading Mortgage Application Volume Down 8.5%
The Most Affordable City for Rental Housing Is…
Miami ranked last in the new study of more than 180 cities. Continue Reading The Most Affordable City for Rental Housing Is…
Chris Kelly Becomes Chief Executive at HomeServices of America
Kelly succeeds Gino Blefari, who is transitioning to the role of chairman emeritus. Continue Reading Chris Kelly Becomes Chief Executive at HomeServices of America
NY Attorney General Letitia James Accused of Mortgage Fraud
James claimed a Virginia property she purchased was her principal residence. Continue Reading NY Attorney General Letitia James Accused of Mortgage Fraud