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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
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
Bell Partners Names Sarah C. Young as CFO
Bell Partners, a Greensboro, North Carolina-based apartment investment and management company, has recruited Sarah C. Young as its next chief financial officer (CFO). She will succeed John Tomlinson, who is retiring on Aug. 22. Young previously served as CFO and...
Hits and Misses for the Real Estate Week of July 7-11
Gavin Newsom’s long-distance grant funding, a data access deal with three major MLSs, and investors hogging the homebuying market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 7-11. Miss: Greetings from South...
Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year
Kentucky Gov. Andy Beshear announced the state’s property tax rate has been lowered for the fifth consecutive year. The real state real property tax rate has been reduced from 10.9 cents to 10.6 cents per $100 assessed value. In a statement, Beshear said, “Right now,...
NEWS & CURRENT EVENTS
New NAR Study: Housing Affordability Gap Remains in Place
NAR found that households earning $100,000 annually can currently afford only 37.1% of home listings. Continue Reading New NAR Study: Housing Affordability Gap Remains in Place
Tech Trends: Keeping Track of Today’s Business, Meeting Tomorrow’s Tech Leaders
The US tenant billing software market is anticipated to reach $488.27 million by 2032. Continue Reading Tech Trends: Keeping Track of Today’s Business, Meeting Tomorrow’s Tech Leaders
Mortgage Rates Inch Up
The 30-year fixed-rate mortgage averaged 6.81% as of May 15. Continue Reading Mortgage Rates Inch Up
Builder Confidence Drops, Albeit with a Significant Asterisk Attached
Builder confidence took a sizable stumble this month amid concerns of tariffs, interest rates and an uncertain economic outlook. However, the National Association of Home Builders (NAHB) stressed that its Housing Market Index (HMI) data was culled prior to the May 12...
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Nesto Acquires CMLS Group, Creating Canada’s Largest Tech-Enabled Lender
The companies said all CMLS Group executives and employees will transition to the combined entity. Continue Reading Nesto Acquires CMLS Group, Creating Canada’s Largest Tech-Enabled Lender
loanDepot Chief Executive Frank Martell Joins Board of Directors at SmartRent
Martell will serve on the board’s audit and nominating and corporate governance committees. Continue Reading loanDepot Chief Executive Frank Martell Joins Board of Directors at SmartRent
NBA Legend Dominique Wilkins Named Investor and Partner in Roots Real Estate Fund
Wilkins will share his likeness in videos and at curated gatherings to introduce Roots’ “Live In It Like You Own It” program. Continue Reading NBA Legend Dominique Wilkins Named Investor and Partner in Roots Real Estate Fund
Harvard Study: New Construction Barely Addresses Housing Affordability Challenges
The report cited new record highs for home prices during early 2024. Continue Reading Harvard Study: New Construction Barely Addresses Housing Affordability Challenges
Tech Trends: The Latest Offerings in Real Estate Tech
This week’s Tech Trends considers the latest developments on the digital side of the real estate industry. Continue Reading Tech Trends: The Latest Offerings in Real Estate Tech
Healing Realty Trust Raises $25M in Series A Funding Round
The company said the funding will be used to acquire three operating healthcare facilities. Continue Reading Healing Realty Trust Raises $25M in Series A Funding Round
Wisconsin Home Sales Up by 11%
Also on the rise was the median price – $315,500 in May, up 6.9% from $295,000 one year earlier. Continue Reading Wisconsin Home Sales Up by 11%
GOP Senators Reintroduce Bill Putting CFPB Funding Under Congressional Appropriation
“The CFPB has continued to operate as a partisan, rogue regulator,” said Sen. Katie Britt. Continue Reading GOP Senators Reintroduce Bill Putting CFPB Funding Under Congressional Appropriation
Knock.com in New Partnership with NFM Lending
The Knock Bridge Loan can be used to make a down payment on a new home, pay down debt, cover repairs and moving costs. Continue Reading Knock.com in New Partnership with NFM Lending
Mortgage Rates Down for Third Straight Week
The 30-year fixed-rate mortgage averaged 6.87% as of June 20. Continue Reading Mortgage Rates Down for Third Straight Week
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