Featured Real Estate News
TransUnion Cuts VantageScore 4.0 Price to 99 Cents Per Mortgage Origination Score
TransUnion (NYSE: TRU) has unveiled a 99 cents per mortgage origination score for VantageScore 4.0. TransUnion said the price reduction is designed to support the Federal Housing Finance Agency’s focus on increasing score competition in the mortgage market between...
TransUnion Cuts VantageScore 4.0 Price to 99 Cents Per Mortgage Origination Score
“Prior to this announcement, TransUnion’s charge for VantageScore in mortgage origination was $4.00,” said TransUnion’s David M. Blumberg, Continue Reading TransUnion Cuts VantageScore 4.0 Price to 99 Cents Per Mortgage Origination Score
Mid-Atlantic Region Home Sales Down in November
Closed sales across the Mid-Atlantic region services by Bright MLS were down 4.6% year-over-year in November while new pending sales were 1.6% lower over the same period. The number of new listings coming onto the market last month was 4.4% lower compared to November...
eXp Announces Additions to C-Suite
eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), announced leadership changes with the promotion of Carrie Lysenko to chief technology officer and Holly Mabery to the newly created role of chief brokerage officer. Lysenko was previously CEO of...
The Agency Expands in Texas with New Office in Waco
The real estate brokerage The Agency has opened a new office in Waco, Texas. The Agency Waco will be led by Managing Partners Amanda Cunningham and Matthew Cunningham. This opening marks the brokerage's seventh office in Texas, joining Austin, Dallas, Frisco, Tyler,...
News & Current Events
Houston Nonprofit Leader Arrested for Running Fraudulent Rental Housing Scheme
Rosemary Tucker, who operates “Hoodies 4 Healing,” was arrested last week after a months-long investigation by the Houston Police Department’s Major Offenders Division. Continue Reading Houston Nonprofit Leader Arrested for Running Fraudulent Rental Housing Scheme
Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
New Venture Plans to Tokenize Manufactured Home Loans On-Chain
ETHZilla will acquire a 15% fully diluted ownership stake in Zippy for $5 million in cash and $14 million in shares of common stock. Continue Reading New Venture Plans to Tokenize Manufactured Home Loans On-Chain
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RE/MAX: Home Sales Up 8.4% in February
The $423,000 median sales price was only $3,000 (0.6%) higher than January’s level. Continue Reading RE/MAX: Home Sales Up 8.4% in February
Lennar Begins Sales on Single-Family Homes in Dallas Community
Pricing for the new homes starts in the low $300,000s. Continue Reading Lennar Begins Sales on Single-Family Homes in Dallas Community
New Financing Program Aimed at Sellers Planning Home Stagings
The new program is now available in select markets, with plans for nationwide expansion in the near future. Continue Reading New Financing Program Aimed at Sellers Planning Home Stagings
Alchemy Ventures Buys 125-Year-Old NYC Property for $10.75 Million
One of the street-level retail tenants is co-owned by Bradley Cooper. Continue Reading Alchemy Ventures Buys 125-Year-Old NYC Property for $10.75 Million
Multifamily Mortgage Debt Continues to Outpace the Full Commercial Real Estate Sector
zTotal mortgage debt outstanding for the full commercial real estate sector in the fourth quarter was $4.79 billion. Continue Reading Multifamily Mortgage Debt Continues to Outpace the Full Commercial Real Estate Sector
Herschen Acquires Palace Entertainment’s Theme Parks
The financial terms of the deal were not disclosed. Continue Reading Herschen Acquires Palace Entertainment’s Theme Parks
Four Real Estate Scammers Indicted for NYC Deed Theft Schemes
The victims included an 82-year-old woman and a 76-year-old woman. Continue Reading Four Real Estate Scammers Indicted for NYC Deed Theft Schemes
Q4 Renter Population Up by Less Than 1%
Home prices are more than 40% above pre-pandemic levels and rent prices are roughly 20% above pre-pandemic levels. Continue Reading Q4 Renter Population Up by Less Than 1%
Mortgage Applications Down, Homeowner Equity Up
“Overall, purchase application volume is up 6% compared to last year at this time,” said MBA’s Mike Fratantoni. Continue Reading Mortgage Applications Down, Homeowner Equity Up