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%
New Initiative Seeks to Eliminate Property Taxes in Oklahoma
Oklahoma has become the latest state to experience an effort to eradicate property taxes. Oklahoma Voice reports paperwork was filed with the Oklahoma Secretary of State to launch an initiative petition that would let voters decide on the reduction and eventual...
Hits and Misses for the Real Estate Week of Nov. 17-21
An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. From the wild and wooly world of real estate, here are our Hits and Misses for the week...
Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
In order to pay for a typical Ontario home, families earning the local median income need to devote more than 50% of their after-tax earnings to monthly mortgage payments if they live in the province’s 14 urban centers – and that share rises to more than 110% if they...
News & Current Events
Mississippi Museum of Art Acquires Frank Lloyd Wright-Designed House
The property, which is dubbed “Fountainhead,” was added to the National Registry of Historic Places in 1980. Continue Reading Mississippi Museum of Art Acquires Frank Lloyd Wright-Designed House
St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Eligible tenants will receive funds for one-time assistance, equal to one month of rent, based on the federal government’s fair market rates established. Continue Reading St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
In majority-white areas, 7.9% of homes for sale within MRED were listed privately. In predominantly minority areas, that share was 3.4%. Continue Reading Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
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FDIC: ‘Actively Reevaluating’ Cryptocurrency Supervision of Banks
The regulator foresees “a pathway for institutions to engage in crypto- and blockchain-related activities.”
Continue Reading FDIC: ‘Actively Reevaluating’ Cryptocurrency Supervision of Banks
Senate Confirms Scott Turner as HUD Secretary
The 52-year-old Turner is the first HUD Secretary who comes from a private sector real estate background. Continue Reading Senate Confirms Scott Turner as HUD Secretary
Texas-Based MLS to Enable Non-Realtor Access
NAR did not immediately comment on Unlock MLS’ announcement. Continue Reading Texas-Based MLS to Enable Non-Realtor Access
Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
All the merchandise in the stores is on sale at up to 40% off. Continue Reading Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
Mortgage Application Activity Heats Up
The refinance share of mortgage activity increased to 39.0% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity Heats Up
Historic Virginia Estate Sells for $20 Million After 8 Years on the Market
The property was first listed for $33 million in March 2017. Continue Reading Historic Virginia Estate Sells for $20 Million After 8 Years on the Market
Rhino Investments Acquires Albuquerque Shopping Center
The financial aspects of the transaction were not disclosed. Continue Reading Rhino Investments Acquires Albuquerque Shopping Center
Elon Musk’s DOGE Terminates Leases on 22 Federal Properties
The locations of the buildings where the leases were terminated were not disclosed. Continue Reading Elon Musk’s DOGE Terminates Leases on 22 Federal Properties
Did Luka Doncic Buy a $15 Million Home Before He Was Traded?
Doncic did not comment on the real estate aspect of his trade from Dallas. Continue Reading Did Luka Doncic Buy a $15 Million Home Before He Was Traded?