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New Home Purchase Mortgage Applications Down in October
The average loan size for new homes increased from $379,107 in September to $381,404 in October. Continue Reading New Home Purchase Mortgage Applications Down in October
New Home Purchase Mortgage Applications Down in October
The average loan size for new homes increased from $379,107 in September to $381,404 in October. Continue Reading New Home Purchase Mortgage Applications Down in October
Morgan Properties Acquires Dream Residential REIT for $354 Million
Dream Residential Real Estate Investment Trust (TSX: DRR.U, DRR.UN) is being acquired by an affiliate of Morgan Properties LP in an all-cash transaction valued at approximately $354 million. Toronto-headquartered Dream Residential REIT owns a portfolio of garden-style...
St. Louis-Area Man Pleads Not Guilty for Conspiring to Steal 16 Homes and a Duplex
A Missouri man has pleaded not guilty to two separate indictments of conspiring to steal or try to steal 16 homes and a duplex with bogus deeds. James L. Townes Jr. of the St. Louis suburb of Berkeley was indicted by a grand jury on June 25 with one count of mail...
New Website Offers Information for Households Moving to Texas
A new online resource has launched to provide households with information on relocating to Texas. Users who tap into InsideTexasRealEstate.com will receive data and insights on cities, counties, schools, neighborhoods, and lifestyle across the Lone Star State. The...
NEWS & CURRENT EVENTS
White House Posts Picture of Jerome Powell as Marie Antoinette
James Blair, the White House’s deputy chief of staff, called him “Jerome Antoinette.” Continue Reading White House Posts Picture of Jerome Powell as Marie Antoinette
Trump Accuses Sen. Adam Schiff of Mortgage Fraud, Says He ‘Needs to be Brought to Justice’
The Fannie Mae website has no mention of an investigation into Schiff. Continue Reading Trump Accuses Sen. Adam Schiff of Mortgage Fraud, Says He ‘Needs to be Brought to Justice’
Realtors Sought for New Reality TV Series on Southwest Desert Markets
JS Casting has posted a casting call for “realtors with desert living expertise” for a new unscripted real estate series. Continue Reading Realtors Sought for New Reality TV Series on Southwest Desert Markets
Florida Congressman Faces Eviction from DC Penthouse for Nonpayment of Rent
Rep. Cory Mills called reporter Roger Sollenberger a “biased hack.” Continue Reading Florida Congressman Faces Eviction from DC Penthouse for Nonpayment of Rent
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FHFA Raises Multifamily Loan Purchase Cap for GSEs
Multifamily loans that finance workforce housing will be excluded from the 2025 limits. Continue Reading FHFA Raises Multifamily Loan Purchase Cap for GSEs
Survey: Most People Earning Under $50,000 Struggle to Afford Housing
10% of Gen Zers have delayed or decided against having a child due to housing costs. Continue Reading Survey: Most People Earning Under $50,000 Struggle to Afford Housing
Bill Freeman, Real Estate Investor and Developer Who Welcomed Section 8 Vouchers, Dies at 73
Bill Freeman, the Nashville-based real estate investor and developer who actively welcomed Section 8 housing vouchers at his properties, passed away at the age of 73. According to a report in The Tennessean, Freeman co-founded Freeman Webb Co., a multifamily real...
Report: $560 Million in Cost Overruns on New Buffalo Bills Stadium
Taxpayers will not finance the cost overruns. Continue Reading Report: $560 Million in Cost Overruns on New Buffalo Bills Stadium
Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area
The financial terms of the acquisitions were not disclosed. Continue Reading Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area
Jay Crowell Named National Retail Division President at Cornerstone Home Lending
He most recently served as president of the Pacific Northwest region. Continue Reading Jay Crowell Named National Retail Division President at Cornerstone Home Lending
Marriott International Announces 100th Property in Japan
The Four Points Flex brand is designed for the value-conscious consumer. Continue Reading Marriott International Announces 100th Property in Japan
Hits and Misses for the Real Estate Week of Nov. 11-15
Alternatives to Chicago property taxes, a mega-million condo sale loss and a proposal to bend the Manhattan skyline are part of this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Nov. 11-15
Ginnie Mae Acting President Sam Valverde to Resign
Senior Vice President and Chief Risk Officer Gregory Keith will assume the responsibilities of president at Ginnie Mae. Continue Reading Ginnie Mae Acting President Sam Valverde to Resign
Connecticut’s Christmas Movie Trail Celebrates Locales Used in Romantic Dramas
The productions contribute over $58 million to the state’s economy and create more than 2,000 jobs. Continue Reading Connecticut’s Christmas Movie Trail Celebrates Locales Used in Romantic Dramas
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