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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
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
Delaware Lawmakers to Hold Special Session to Mitigate Property Tax Hikes
Delaware legislators will meet in a special session to address public anger over recent property tax hikes. Delaware Business Now reports the special session that begins on Aug. 12 comes in response to a court-ordered, statewide property reassessment – the first...
NJ Town Drops Eminent Domain Seizure Threat Against Historic Church Property
A New Jersey town has halted its efforts to seize an Episcopalian church’s property to create a park with pickleball courts. The Asbury Park Press reports Toms River Mayor Daniel Rodrick postponed a vote on seizing Christ Episcopal Church in the wake of angry public...
Flyhomes Raises $15 Million in Series D Funding
Flyhomes, an Issaquah, Washington-based provider of homebuyer financing solutions, announced it secured $15 million in Series D funding, led by existing investors. According to the company, the newly raised capital will be used to expand Flyhomes’ Buy Before You Sell...
NEWS & CURRENT EVENTS
Texas Realtor Pleads Guilty to $770,000 Fraud Scheme
Mario Alberto Rodriguez will be sentenced on Aug. 12 and faces up to 20 years in federal prison and a possible $250,000 maximum fine. Continue Reading Texas Realtor Pleads Guilty to $770,000 Fraud Scheme
San Francisco’s Market Center Complex Sold at a Steep Discount
The property, which consists of adjacent 22-story and 40-story towers on Market Street, were 44% leased as of April. Continue Reading San Francisco’s Market Center Complex Sold at a Steep Discount
Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
The Chicago White Sox expressed interest in the site but demanded $1 billion in public funding to cover the development costs. Continue Reading Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
Oceanfront Oregon Hotel Listed for Sale
The hotel was built in 1966 and spans nearly 2.5 acres across five buildings, with 900 feet of exclusive beachfront access. Continue Reading Oceanfront Oregon Hotel Listed for Sale
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Existing Home Sales Slip Despite Stronger Inventory
The median existing-home price for all housing types in May was $419,300, a new record high. Continue Reading Existing Home Sales Slip Despite Stronger Inventory
Cityview Acquires Bay Area Multifamily Complex
Tralee Village Apartments sits above more than 30,000 square feet of curated ground-floor retail. Continue Reading Cityview Acquires Bay Area Multifamily Complex
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
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