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Report: Increasing Number of VA Loans Being Used in Homebuying
Nationwide, the number of VA loans rose 3% year-over-year in August, while the number of conventional loans declined 9%. Continue Reading Report: Increasing Number of VA Loans Being Used in Homebuying
Report: Increasing Number of VA Loans Being Used in Homebuying
Nationwide, the number of VA loans rose 3% year-over-year in August, while the number of conventional loans declined 9%. Continue Reading Report: Increasing Number of VA Loans Being Used in Homebuying
Turnbridge Equities to Launch Construction on 37-Story Luxury Tower in Raleigh
Turnbridge Equities, a New York City-based real estate investment company, has begun site demolition and will soon break ground on Highline Glenwood, a 37-story, 306-unit luxury residential tower in Downtown Raleigh, North Carolina. When completed, Highline Glenwood...
Landingplace Hotels Debuts 2 Conversion-Focused Brands
Landingplace Hotels, the Bluffton, South Carolina-headquartered hotel franchisor, has launched two midscale, conversion-focused brands. The Landingplace Suites brand is designed to bridge the gap between extended-stay hotels and furnished apartments, offering flexible...
Report: Global Buyers Acquired Nearly Half of South Florida New Construction Units
International buyers purchased 49% of new South Florida construction, pre-construction and condo conversion sales over an 18-month period ending in June, according to a data report released by Miami Realtors. Roughly 86% of the global sales of South Florida new...
NEWS & CURRENT EVENTS
California Program to Offer Mortgage Relief to Disaster Victims
Eligible homeowners will be able to apply for grants covering up to three months of mortgage payments, up to $20,000 total. Continue Reading California Program to Offer Mortgage Relief to Disaster Victims
Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
Simmons acquired the property for $670,000 in the early 1980s when his celebrity status began to rise. Continue Reading Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
New Forecast Warns of Severe Drop in Boston’s Office Property Tax Revenues
The forecast predicted the city government will need to enact a residential property tax rate hike between 1.27% and 1.38% to fill the revenue gap over the coming five years. Continue Reading New Forecast Warns of Severe Drop in Boston’s Office Property Tax Revenues
Merger Between Property Management Divisions of Alfred and Quarterra
Brad Greiwe, CEO of Quarterra, will join the Alfred board of directors. Continue Reading Merger Between Property Management Divisions of Alfred and Quarterra
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Hyatt Acquires Standard International and Hotel Brands
With this transaction, Hyatt will form a new dedicated lifestyle group. Continue Reading Hyatt Acquires Standard International and Hotel Brands
Mortgage Application Activity Drops, Forbearance Levels Rise
The total share of loans now in forbearance increased to 0.27% as of July 31 Continue Reading Mortgage Application Activity Drops, Forbearance Levels Rise
Manufactured Housing Producer Franklin Homes Acquired by Private Equity Firm
Franklin Homes was founded in 1969 and its residences are sold through a retail network in 14 states. Continue Reading Manufactured Housing Producer Franklin Homes Acquired by Private Equity Firm
Equitable Bank Unveils Construction Loan for Canadian Homeowners Seeking Property Expansion
The new loan product will initially be available in the Greater Toronto Area, Greater Vancouver Area and Calgary. Continue Reading Equitable Bank Unveils Construction Loan for Canadian Homeowners Seeking Property Expansion
California Home Sales at Five-Month High
The statewide unsold inventory index was 2.9 months in July. Continue Reading California Home Sales at Five-Month High
Frank Lloyd Wright-Designed Skyscraper Listed for Sale
The property was designated a National Historic Landmark in 2007. Continue Reading Frank Lloyd Wright-Designed Skyscraper Listed for Sale
Ex-Baltimore Prosecutor Seeks Overturn of Mortgage Fraud Conviction
Marilyn Mosby was sentenced to 12 months of home confinement, which she began in June. Continue Reading Ex-Baltimore Prosecutor Seeks Overturn of Mortgage Fraud Conviction
Fire-Damaged Historic Hotel Fire Prevented from Rebuilding Due to 1891 Property Line
Epique Realty Expands into New Mexico and Utah
The company has hired William Lambert as the state broker for both markets. Continue Reading Epique Realty Expands into New Mexico and Utah
Netflix Cancels Mauricio Umansky’s ‘Buying Beverly Hills’ After 2 Seasons
Umansky is already involved in his latest endeavor as the co-founder of the American Real Estate Association. Continue Reading Netflix Cancels Mauricio Umansky’s ‘Buying Beverly Hills’ After 2 Seasons
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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