Featured Real Estate News
Mortgage Application Activity Remains Flat
Mortgage application activity was mostly flat for the week ending Feb. 20, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by only 0.4% on a seasonally adjusted...
Mortgage Application Activity Remains Flat
The FHA share of total applications decreased to 16.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Remains Flat
Report: DC-Based Howard University Considering Bay Area Satellite Campus
Washington, DC-based Howard University, one of the nation’s most prominent historically Black institutions of higher learner, is in talks to open a new satellite campus in Oakland, California. The San Francisco Chronicle reports the university has been in discussions...
Century Communities Begins Sales at New Arizona Gated Community
Century Communities Inc. (NYSE: CCS) is now selling at homes at its newest gated community, North Fork at Laughlin Ranch in Bullhead City, Arizona. The community offers homes with a selection of single-story floor plans ranging up to 1,830 square feet and four...
Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
A Boston city councilor is proposing a structural change for how the city taxes multifamily properties. MassLive.com reports Councilor Brian Worrell, a Democrat, has filed a proposal that reclassifies large apartment buildings as commercial real estate. His proposal...
News & Current Events
New Data Reports Find Easing in Home Prices
“New York again led all metros with a 6.1% annual gain, followed by Chicago at 5.9% and Cleveland at 4.7%,” said Nicholas Godec of S&P Dow Jones Indices. Continue Reading New Data Reports Find Easing in Home Prices
Maine Home Sales Rise as Prices Ease
The median sales price during September was $402,500, a 1.35% decrease from the $408,000 price recorded in September 2024. Continue Reading Maine Home Sales Rise as Prices Ease
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
The property tax savings are complemented by the State of Wisconsin’s sales tax exemption on the construction of qualified data centers. Continue Reading Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
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Two New Partnerships Designed to Expand Homeownership Among Tribal Communities
According to Census Bureau data, 56.7% of Native American households owned their homes between 2015-2019. Continue Reading Two New Partnerships Designed to Expand Homeownership Among Tribal Communities
California Housing Affordability Improved Slightly in Q3
State residents needed a minimum annual income of $220,800 to qualify for the purchase of an $880,250 statewide median-priced, existing single-family home. Continue Reading California Housing Affordability Improved Slightly in Q3
Mortgage Rates Up for Sixth Straight Week
The 30-year fixed-rate mortgage averaged 6.79% as of Nov. 7. Continue Reading Mortgage Rates Up for Sixth Straight Week
NAR: Nearly 90% of Metro Markets Saw Q3 Home Price Gains
“Home prices remain on solid ground as reflected by the vast number of markets experiencing gains,” said NAR Chief Economist Lawrence Yun. Continue Reading NAR: Nearly 90% of Metro Markets Saw Q3 Home Price Gains
New Service Offers to Help Trump-Haters Relocate to Another Country
The service provides a free 20-minute introduction call with relocation experts. Continue Reading New Service Offers to Help Trump-Haters Relocate to Another Country
Consumer Confidence in Housing Market on the Rise
The share of consumers who believed it’s a good time to buy a home increased to 20%. Continue Reading Consumer Confidence in Housing Market on the Rise
Blackstone Acquires Retail Opportunities Investments Corp. for $4 Billion
ROIC is a real estate investment trust with a portfolio consisting of 93 grocery-anchored retail properties. Continue Reading Blackstone Acquires Retail Opportunities Investments Corp. for $4 Billion
70,680 SF Industrial Property in New Jersey Sells for $20.9 Million
This is the second recent acquisition in Moonachie by the buyer through CBRE. Continue Reading 70,680 SF Industrial Property in New Jersey Sells for $20.9 Million
UK Prime Minister Starmer Revealed as Landlord for London Property
Starmer is renting his £2 million Camden townhouse since moving into the Prime Minister’s residence at 10 Downing Street. Continue Reading UK Prime Minister Starmer Revealed as Landlord for London Property