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New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
Trump Pardons Ex-CEO of Oak View Group Indicted by His Justice Department
Tim Leiweke, who stepped down as CEO of Oak View Group, a Denver-headquartered professional sports and commercial real estate company, following a federal indictment earlier this year that accused him of rigging a bid to build and manage the Moody Center Arena at the...
Report: California is Home to Four of the Top Five Riskiest Housing Markets
California was home to four of the five of the riskiest housing markets during the third quarter, according to the latest Housing Risk Report published by ATTOM. The five riskiest housing markets in ATTOM’s analysis were Butte County, California; Humboldt County,...
Century Communities Begins Home Sales at New Michigan Community
The homebuilder Century Communities Inc. (NYSE: CCS) announced that its Century Complete brand is now selling new homes at The Timbers, a new community located within 30 minutes of Detroit and Ann Arbor, Michigan. Located near the major commuter routes I-94 and I-275,...
NEWS & CURRENT EVENTS
Tech Trends: New Book Details How Real Estate Agents Can Embrace AI
Kevin Hawkins talks about his new book “The Real AI Guide for Real Estate Agents.” Continue Reading Tech Trends: New Book Details How Real Estate Agents Can Embrace AI
RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
The company argues the new law (S7882/A1417) represents a challenge to free speech and repeats false claims regarding its revenue management software. Continue Reading RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
Mortgage Rates Decline Ahead of Thanksgiving
The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. Continue Reading Mortgage Rates Decline Ahead of Thanksgiving
A Phil Hall Op-Ed: Where’s the Beef in Trump’s Housing Affordability Plans?
Is the Trump administration seriously addressing the lack of housing affordability? Continue Reading A Phil Hall Op-Ed: Where’s the Beef in Trump’s Housing Affordability Plans?
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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New York State Launches Housing Accelerator Fund
The initial cohort of Housing Acceleration Fund awards are expected to result in approximately 1,800 new homes. Continue Reading New York State Launches Housing Accelerator Fund
Joint Venture Acquires Sotherly Hotels REIT
“This transaction is a testament to the high-quality portfolio that Sotherly has built over the past 20-plus years,” said David Folsom, Sotherly’s CEO. Continue Reading Joint Venture Acquires Sotherly Hotels REIT
Beeline Announces First Blockchain-Recorded Home Equity Transactions
BeelineEquity closed five blockchain-tracked equity transactions, with five more scheduled this month. Continue Reading Beeline Announces First Blockchain-Recorded Home Equity Transactions
Plymouth Industrial REIT Acquired by Joint Venture for $2.1 Billion
“This all-cash transaction will deliver significant, immediate and certain value to Plymouth shareholders,” said Jeff Witherell, CEO and co-founder of Plymouth. Continue Reading Plymouth Industrial REIT Acquired by Joint Venture for $2.1 Billion
Douglas Elliman in Rebranding Initiative After Selling Property Management Division
Watson’s client list includes Mandarin Oriental, Mayo Clinic, and Four Seasons. Continue Reading Douglas Elliman in Rebranding Initiative After Selling Property Management Division
Steve Francis Named Charlotte Division President at Tri Pointe Homes
Francis joins the company following a tenure as division president for Pulte Group in Charlotte. Continue Reading Steve Francis Named Charlotte Division President at Tri Pointe Homes
Report: Prosecutor Warns Mortgage Fraud Case Against Sen. Schiff Lacks Viable Evidence
A news report is claiming the Trump administration’s attempt to bring a mortgage fraud indictment against one of its most vocal critics, Sen. Adam Schiff (D-CA), has stalled due to a perceived lack of viable evidence needed to bring the case to trial. MSNBC, sourcing...
NJ Governor Intervenes to Stop Eminent Domain Seizure of 175-Year-Old Family Farm
“New Jersey will always protect its farmers and farmland,” said Gov. Phil Murphy. Continue Reading NJ Governor Intervenes to Stop Eminent Domain Seizure of 175-Year-Old Family Farm
Phishing Emails Targeting NAMB Members
“This email is NOT from NAMB,” said the organization’s message to its membership. Continue Reading Phishing Emails Targeting NAMB Members
Minnesota Real Estate Agent Charged with Multiple Tax Crimes
Kevin Patrick Mullen evaded paying income taxes earned through his business, Ideal Properties and Investments LLC, from 2019 through 2023. Continue Reading Minnesota Real Estate Agent Charged with Multiple Tax Crimes
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