Featured Real Estate News
CMBS Delinquency Rate Dropped to 7.14% in February
The delinquency rate for commercial mortgage-backed securities (CMBS) decreased by 33 points in February to 7.14%, according to a new data report from Trepp Inc. One year ago, the delinquency rate was 6.30%. “The decline came thanks to a net decrease in overall...
CMBS Delinquency Rate Dropped to 7.14% in February
Three of the five major commercial property sectors recorded delinquency rate declines. Continue Reading CMBS Delinquency Rate Dropped to 7.14% in February
Zillow and Esusu Offer CreditClimb, a Credit-Building Tool for Renters
Zillow (NASDAQ: Z, ZG) has partnered with Esusu to introduce CreditClimb, a credit-building tool that enables renters to have their on-time rent payments automatically reported to the three major credit bureaus. Enrollment in the CreditClimb service costs $20 per...
Corcoran Atlantic Opens First Office in Portugal
The Corcoran Group announced the opening of Corcoran Atlantic's first physical office in Lisbon, Portugal. "Portugal is not just a beautiful place to live, it's a smart place to invest," said Pamela Liebman, president and CEO of The Corcoran Group. "With Corcoran...
What Role Does Thanksgiving Play in Homebuying?
Well, it was bound to happen – a housing survey tied to next week’s Thanksgiving holiday! According to a new Realtor.com survey, more than half (52%) of said that hosting duties for the annual Thanksgiving dinner played at least some role in their most recent home...
News & Current Events
Mortgage Application Activity Tumbles by 5.2%
The FHA share of total applications increased to 19.9% from 19.4% the week prior. Continue Reading Mortgage Application Activity Tumbles by 5.2%
California Home Sales at Highest Level Since February
The statewide median home price ticked up 0.4% from $883,640 in September to $886,960 in October. Continue Reading California Home Sales at Highest Level Since February
REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New listings were up 0.8% from October 2024 but were down by 0.5% from September. Continue Reading REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
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Exclusive News
American Real Estate Association Establishes First Local Chapter
NYRAC promotes itself on its website as an advocate for the “fundamental improvements in how we conduct business.” Continue Reading American Real Estate Association Establishes First Local Chapter
Mortgage Application Activity is Dull, Forbearance Levels Drop
“Almost 43% of borrowers in forbearance were there due to a natural disaster,” said MBA’s Marina Walsh. Continue Reading Mortgage Application Activity is Dull, Forbearance Levels Drop
Virginia Man Pleads Guilty in $1.3 Million Title Fraud Case
Estes pleaded guilty to conspiring to commit wire fraud, wire fraud, mail fraud, bank fraud and filing false claims against the US. Continue Reading Virginia Man Pleads Guilty in $1.3 Million Title Fraud Case
Forecast: Utah’s Population to Grow by Half-Million Over Next 9 Years
A major downside of the new arrivals is the absence of housing to accommodate an expanded population. Continue Reading Forecast: Utah’s Population to Grow by Half-Million Over Next 9 Years
Evernest Acquires Poplar Homes
Evernest also announced it secured $15 million in a strategic funding investment led by LL Funds. Continue Reading Evernest Acquires Poplar Homes
Nashville Man Sentenced to 4 Years for Covid-Era Rental Assistance Fraud
Joe Law Jefferson pled guilty to one count of conspiracy to commit mail fraud and one count of failure to file a tax return last August. Continue Reading Nashville Man Sentenced to 4 Years for Covid-Era Rental Assistance Fraud
Travis Saxton Joins RE/MAX Holdings as EVP of Strategy
Saxton was previously executive vice president of enterprise solutions at T3 Sixty. Continue Reading Travis Saxton Joins RE/MAX Holdings as EVP of Strategy
NAR Voices Support of Trump’s Executive Order on Housing Affordability and Supply
“The President’s Executive Order underscores the critical need for bold, coordinated action,” said NAR. Continue Reading NAR Voices Support of Trump’s Executive Order on Housing Affordability and Supply
New Data Finds Home Prices Still Rising While Rents Continue to Fall
Realtor.com reported rents declined for the 17th consecutive month during December. Continue Reading New Data Finds Home Prices Still Rising While Rents Continue to Fall