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%
Greystar in $24 Million Settlement with FTC and Colorado
Greystar, the nation’s largest multifamily rental property manager, has reached a $23 million settlement with the Federal Trade Commission (FTC) and a $1 million settlement with the State of Colorado to resolve charges that it misled consumers about monthly rent costs...
$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court
CoStar Group Inc. (NASDAQ: CSGP) has agreed to the request by Zillow Group Inc. (NASDAQ: Z, ZG) to move its copyright infringement case from the Southern District of New York to the Western District of Washington, which covers Zillow’s headquarters in Seattle. CoStar...
News & Current Events
Miami Dade College Reapproves Land Transfer for Trump Presidential Library
“This is a waste of time to come here,” said activist Marvin Dunn after the vote. Continue Reading Miami Dade College Reapproves Land Transfer for Trump Presidential Library
Dave McKinstray to Become SVP and CFO at Champion Homes
McKinstray most recently served as senior vice president and chief financial officer at WK Kellogg. Continue Reading Dave McKinstray to Become SVP and CFO at Champion Homes
Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
The university cannot receive public funding for this endeavor unless it specifically requests an appropriation from the state. Continue Reading Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
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Exclusive News
American Real Estate Association Unveils Alternative to NAR’s Clear Cooperation Policy
AREA stated its proposed policy enables sellers to “maintain control over how their home is listed while ensuring full MLS access for professionals.” Continue Reading American Real Estate Association Unveils Alternative to NAR’s Clear Cooperation Policy
Builders Thank Trump for Partial Tariff Pause, But Express Concern Over Possible Trade War
“NAHB will continue to work with the administration to cut regulations, boost domestic lumber output and further rein in housing costs,” said Chairman Buddy Hughes. Continue Reading Builders Thank Trump for Partial Tariff Pause, But Express Concern Over Possible Trade War
Conservation Group Buys 3,100-Acre New York Forest Parcel for $6.2 Million
The property had been the subject of a mixed-use development proposal encompassing housing, resort, and commercial uses. Continue Reading Conservation Group Buys 3,100-Acre New York Forest Parcel for $6.2 Million
Rocket Mortgage to Exit the Canadian Market
Rocket Mortgage plans to complete its exit from the market by June 27. Continue Reading Rocket Mortgage to Exit the Canadian Market
Bipartisan Bill Seeks to Expand Section 8 Voucher Program
The bill would also “encourage HUD to reform its annual evaluation of PHAs to promote an increase in the diversity of neighborhoods where vouchers are used.” Continue Reading Bipartisan Bill Seeks to Expand Section 8 Voucher Program
Study: Municipal Fees Drive Up Canadian Homebuilding Costs
CHBA predicted the 2022-2031 period will become the decade with the fewest homes built per new persons added to the Canadian population since at least 1972. Continue Reading Study: Municipal Fees Drive Up Canadian Homebuilding Costs
Executive Shake-Up at loanDepot
Frank Martell will step down as president, CEO and a board member. Continue Reading Executive Shake-Up at loanDepot
Matthew Cenedella Named CFO at National Association of Realtors
Cenedella will succeed NAR’s longtime CFO John Pierpoint, who will retire at the end of the month. Continue Reading Matthew Cenedella Named CFO at National Association of Realtors
Tulsa’s McGraw Realtors Acquires Arkansas Brokerage
McGraw was founded in 1938 and operates 21 offices across Oklahoma, Arkansas, and Colorado. Continue Reading Tulsa’s McGraw Realtors Acquires Arkansas Brokerage