Featured Real Estate News
Mortgage Application Activity Slows Amid Decline in Refinancing
Mortgage application activity slowed during the week ending March 27 amid a steep decline in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, fell by 10.4% on...
Mortgage Application Activity Slows Amid Decline in Refinancing
The VA share of total applications increased to 16.1% from 15.9%. Continue Reading Mortgage Application Activity Slows Amid Decline in Refinancing
Alabama Builder Brings Home Sale Directly to Ethereum Blockchain
Affordable Home US LLC, a Birmingham, Alabama-based homebuilder, announced the upcoming sale of a newly constructed home using its deployed ERC-20 utility token, Affordable Home Token (AHOME). The company has purchased the land and finalized architectural plans for a...
Report: 46% More Sellers Than Buyers in Housing Market
A new data report published by Redfin has determined there were an estimated 46.3% more home sellers than buyers in the housing market in February – a numerical gap of 629,808. This is up from 29.8% (or 449,409) from one year earlier and marked the largest imbalance...
Zillow Signs Multiyear Partnership with Major League Baseball
Zillow Group (NASDAQ: Z, ZG), has announced a multiyear partnership with Major League Baseball (MLB). Under the terms of the agreement, Zillow will become the official real estate and home rentals marketplace partner of MLB. The agreement covers the baseball calendar...
News & Current Events
Nicole Smith Joins A&G Real Estate Partners as Head of Marketing and Communications
She joins the firm from Puro.earth, a Nasdaq-backed carbon-crediting platform and financial services company. Continue Reading Nicole Smith Joins A&G Real Estate Partners as Head of Marketing and Communications
Florida Mansion, 5 NYC Properties Topped February’s Most Expensive Home Sales
The four most expensive homes sold last month brought in $50 million or more, while all 10 sold for north of $30 million. Continue Reading Florida Mansion, 5 NYC Properties Topped February’s Most Expensive Home Sales
Two Harbors Investment Corp. Identifies CrossCountry Mortgage as New Bidder for Merger
Two Harbors Investment Corp. (NYSE: TWO), a New York City-based mortgage servicing rights-focused real estate investment trust, announced that an unsolicited proposal to acquire all of the outstanding shares of common stock constituted a “Company Superior Proposal” as...
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Exclusive News
NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty
The guilty plea would not affect the civil lawsuit brought against him by the Securities and Exchange Commission. Continue Reading NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty
Maryland Home Sales Down Amid Inventory Shortages
The average sales price increased 3.4% year-over-year to $495,038 and the median sales price inched up by 0.5% to $410,000. Continue Reading Maryland Home Sales Down Amid Inventory Shortages
American Express to Build 55-Story HQ at World Trade Center Site
Construction will begin this spring, with completion expected by 2031. Continue Reading American Express to Build 55-Story HQ at World Trade Center Site
Memphis Notary Sentenced for Role in Real Estate Fraud Scheme
Shaneika Seymore notarized multiple fraudulent quitclaim deeds which purported to transfer ownership from the true homeowners to Seymore and her co-conspirators. Continue Reading Memphis Notary Sentenced for Role in Real Estate Fraud Scheme
Janitorial Worker Wanted for Stealing Checks and Embezzling from Baton Rouge Realtor
Ariel Brown is being sought on 48 counts of embezzlement and forgery for the 48 checks she allegedly stole and altered. Continue Reading Janitorial Worker Wanted for Stealing Checks and Embezzling from Baton Rouge Realtor
Michigan House Speaker Proposes $4.7 Billion Tax on Higher-Income Services to Replace Property Taxes
“I can’t see them wanting to vote against property tax cuts,” Rep. Hall said about Democratic lawmakers. Continue Reading Michigan House Speaker Proposes $4.7 Billion Tax on Higher-Income Services to Replace Property Taxes
Century Communities to Begin Sales at New South Carolina Townhome Community
Pricing for the residences start in the low $200,000s. Continue Reading Century Communities to Begin Sales at New South Carolina Townhome Community
Trump Says Tech Companies Pledged to Build Power Plants for Their Data Centers
The administration offered no further details on which companies agreed to this request. Continue Reading Trump Says Tech Companies Pledged to Build Power Plants for Their Data Centers
Mortgage Application Activity Remains Flat
The FHA share of total applications decreased to 16.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Remains Flat