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Mortgage Application Payments Down in November
“Affordability conditions have now improved for six straight months,” said MBA’s Edward Seiler. Continue Reading Mortgage Application Payments Down in November
Mortgage Application Payments Down in November
“Affordability conditions have now improved for six straight months,” said MBA’s Edward Seiler. Continue Reading Mortgage Application Payments Down in November
Texas Lt. Gov. Patrick at Odds with Gov. Abbott Over Property Tax Reform
Texas Lt. Gov. Dan Patrick has put forth a property tax proposal that is completely at odds with the proposal advocated by Gov. Greg Abbott. Texas Tribune reports Patrick has proposed the "Double Nickel" concept that lowers property taxes by raising the state's school...
Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
The mayor of Connecticut’s capital city is offering to sell city-owned land to affordable housing developers for $1.00. Fox61.com reports Hartford Mayor Arunan Arulampalam says the city has teamed with the state government on a new $4 million fund to help builders who...
Trump Insinuates Biden’s Federal Reserve Appointments Are Not Legitimate
President Trump has launched a new line of attack against the Federal Reserve by questioning the legitimacy of President Biden’s appointments to the central bank’s leadership. CNBC reports Trump insinuated that Biden’s Fed appointees were void because they were signed...
NEWS & CURRENT EVENTS
Trump Pardons Ex-CEO of Oak View Group Indicted by His Justice Department
CNN reports Leiweke’s pardon was coordinated by Trey Gowdy, a former South Carolina congressman and Fox News host. Continue Reading Trump Pardons Ex-CEO of Oak View Group Indicted by His Justice Department
Report: California is Home to Four of the Top Five Riskiest Housing Markets
The new report determined that 16 of the 50 highest risk markets were in California. Continue Reading Report: California is Home to Four of the Top Five Riskiest Housing Markets
Century Communities Begins Home Sales at New Michigan Community
Pricing for the new homes starts in the mid $300,000s. Continue Reading Century Communities Begins Home Sales at New Michigan Community
Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
The retail aspect of the property is anchored by Whole Foods, Life Time Fitness, Starbucks and Chase Bank. Continue Reading Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
FHLBank Topeka Awards $5 Million in Native American Housing Grants
This year’s grants are being presented to 16 tribes and tribally designated housing entities in Colorado, Kansas, Nebraska, and Oklahoma. Continue Reading FHLBank Topeka Awards $5 Million in Native American Housing Grants
Knock Rolls Out New Bridge Loan Plus
The product supports a variety of loan programs, including VA loans, and carries a one-time 2.25% fee Continue Reading Knock Rolls Out New Bridge Loan Plus
Share of First-Time Homebuyers at Record Low
NAR determined the median time in the home before selling was 11 years, an all-time high. Continue Reading Share of First-Time Homebuyers at Record Low
HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Turner added the American people were “depending on us.” Continue Reading HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
This is the first purchase for Advanced’s new Opportunity Fund (Advanced Fund 24-3). Continue Reading Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
NewDay USA said this new product will allow veterans to “compete like cash buyers and close in as few as 15 days.” Continue Reading NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
JLL Capital Markets Secures $565 Million Construction Financing for New Miami Luxury Condo Tower
As of last month, The Residences at 1428 is 57% presold. Continue Reading JLL Capital Markets Secures $565 Million Construction Financing for New Miami Luxury Condo Tower
MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
Whitestone did not immediately issue a public comment on the offer. Continue Reading MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
The property’s last owner was financier Gary Winnick, who acquired it in 2000 for $94 million. Continue Reading LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
CMBS Delinquency Rate Surges to 7.46%
“All five of the major property types saw increases in their respective delinquency rates,” said Vivek Denkanikotte, research associate. Continue Reading CMBS Delinquency Rate Surges to 7.46%
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