Featured Real Estate News
Michael Sartori Promoted to CFO at Dynex Capital
Dynex Capital Inc. (NYSE: DX), a Glen Allen, Virginia-headquartered real estate investment trust focused on residential and commercial mortgage-backed securities, has promoted Michael Sartori to chief financial officer (CFO). Sartori succeeds Robert Colligan as CFO....
Michael Sartori Promoted to CFO at Dynex Capital
Sartori joined the company as assistant controller in 2013. Continue Reading Michael Sartori Promoted to CFO at Dynex Capital
Mortgage Application Activity Takes a 0.6% Uptick
Mortgage applications inched up for the week ending Nov. 7, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.6% on a seasonally adjusted basis from one week...
Report: Fannie Mae Investigators Fired After Probing Pulte for Possible Misuse of Authority
Investigators in the ethics and investigations group within Fannie Mae (OTCQB: FNMA) were reportedly fired after probing whether Bill Pulte, the director of the Federal Housing Finance Agency (FHFA) and the self-appointed chairman of Fannie Mae, overstepped his...
The Best Day for Buying a House Is…
Christmas shoppers might want to consider adding homebuying to their last-minute shopping spree. According to a data report from ATTOM, Dec. 24 is the single best day of the year for buying a home. In an analysis of more than 48 million single-family home and condo...
News & Current Events
Watchdog Group Seeks Bar Probe of Prosecutor in Letitia James Mortgage Fraud Case
“CfA Executive Director Michelle Kuppersmith said, “It is difficult to overstate the damage wrought by Ms. Halligan’s actions.” Continue Reading Watchdog Group Seeks Bar Probe of Prosecutor in Letitia James Mortgage Fraud Case
New Forecast Predicts Slight Decline in Q4 Apartment Rent Growth
acancy is expected to hold at 8.2% through the end of December before easing to 7.9% by the end of 2026. Continue Reading New Forecast Predicts Slight Decline in Q4 Apartment Rent Growth
Kansas City Chiefs Reportedly Issue RFP for Design of New Stadium
The State of Kansas has offered to finance up to 70% of a new stadium project if the team decides to cross the state line. Continue Reading Kansas City Chiefs Reportedly Issue RFP for Design of New Stadium
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Discount Tire Acquires 12-Acre Corporate Center in Phoenix
Desert Ridge spans two four-story, multi-tenant office buildings originally constructed in 2005 and 2007. Continue Reading Discount Tire Acquires 12-Acre Corporate Center in Phoenix
Cardone Capital Debuts 10X Space Coast Bitcoin Fund
The Fund will simultaneously close on the acquisition of a 300-unit, Class A multifamily asset in Melbourne, Florida, and make an eight-figure Bitcoin purchase. Continue Reading Cardone Capital Debuts 10X Space Coast Bitcoin Fund
G. Joseph Cosenza, Co-Founder and Vice Chairman of Inland Real Estate Group of Companies, Dies at 81
He also served as past chairman of the board of American National Bank of DuPage. Continue Reading G. Joseph Cosenza, Co-Founder and Vice Chairman of Inland Real Estate Group of Companies, Dies at 81
Affluent Connecticut Town Challenged Over Affordable Housing Moratorium
The median household income in New Canaan, Connecticut is $214,977. Continue Reading Affluent Connecticut Town Challenged Over Affordable Housing Moratorium
HomeStreet Bank Sells $990 Million in Multifamily Loans to Bank of America
The loan sale is expected to close before the end of the month. Continue Reading HomeStreet Bank Sells $990 Million in Multifamily Loans to Bank of America
New Data Report Examines Global Costs of Property by Bitcoin
Homebuyers seeking to buy property using Bitcoin (BTC) will find the most expensive and most affordable properties in Asia, with average property prices around 2.5 BTC. A new data report from NFTevening used a Bitcoin-to-US Dollar exchange rate of $100,000 per BTC,...
Mortgage Rates Continue to Rise
The 30-year fixed-rate mortgage averaged 6.85% as of Dec. 26. Continue Reading Mortgage Rates Continue to Rise
Thompson Thrift to Develop Boulder-Area Multifamily Community
Construction is expected to be completed in winter 2026. Continue Reading Thompson Thrift to Develop Boulder-Area Multifamily Community
Tech Mogul Larry Ellison Buys London Office Property for $202.8 Million
The property last changed hands in 2017 for roughly $219 million. Continue Reading Tech Mogul Larry Ellison Buys London Office Property for $202.8 Million