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Amanda Stinton Joins NC Realtors as Chief Operating Officer
Stinton previously served as CEO of the Women’s Council of Realtors, a 14,000-member national organization. Continue Reading Amanda Stinton Joins NC Realtors as Chief Operating Officer
Amanda Stinton Joins NC Realtors as Chief Operating Officer
Stinton previously served as CEO of the Women’s Council of Realtors, a 14,000-member national organization. Continue Reading Amanda Stinton Joins NC Realtors as Chief Operating Officer
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
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%
Japan’s Sapporo Real Estate Sold to KKR-Led Venture for $3 Billion
Following the transaction, Sapporo Real Estate will become an independent company. Continue Reading Japan’s Sapporo Real Estate Sold to KKR-Led Venture for $3 Billion
Ohio Phone Scammer Targeting Realtors with Phony Jury Duty Calls
The Lucas County Clerk’s Office issued a statement that they never contact citizens regarding missed jury duty. Continue Reading Ohio Phone Scammer Targeting Realtors with Phony Jury Duty Calls
Georgia Man Charged with Real Estate Investment and College Football Ticket Frauds
Matthew Neet waived indictment and agreed to proceed by criminal information on Dec. 19. Continue Reading Georgia Man Charged with Real Estate Investment and College Football Ticket Frauds
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Report: Nationwide Mortgage Delinquency Rate at 4-Year High
609,000 borrowers who were current on payments in October became delinquent in November, marking the largest single-month inflow since May 2020. Continue Reading Report: Nationwide Mortgage Delinquency Rate at 4-Year High
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
reAlpha Tech Corp. Acquires InstaMortgage
Under the terms of the definitive agreement, reAlpha would acquire 100% of the outstanding equity of InstaMortgage for total consideration of approximately $8.5 million. Continue Reading reAlpha Tech Corp. Acquires InstaMortgage
Maine’s Housing Market was a November to Forget
The state reported a median sales price of $399,000 for single-family existing homes sold in November. Continue Reading Maine’s Housing Market was a November to Forget
Report: NFL’s Chiefs to Relocate from Missouri to New Domed Stadium in Kansas
The lease at Arrowhead Stadium, their home since 1972, expires in 2030. Continue Reading Report: NFL’s Chiefs to Relocate from Missouri to New Domed Stadium in Kansas
Trump Suspends Leases on 5 Offshore Wind Projects
Interior Secretary Doug Burgum called the projects “expensive, unreliable, heavily subsidized offshore wind farms.” Continue Reading Trump Suspends Leases on 5 Offshore Wind Projects
Pennsylvania Home Sales Down While Prices Keep Rising
The Pennsylvania median home price was up 5.2% year-over-year to $305,000, compared to $290,000 in November 2024. Continue Reading Pennsylvania Home Sales Down While Prices Keep Rising
Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Last June, the FHLBNY and the HDC partnered on a $150 million bond purchase in support of more than 2,250 homes across HDC programs. Continue Reading Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
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