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Leadership Changes Announced at Fannie Mae
Brandon Hamara and John Roscoe were named co-presidents of Fannie Mae. Continue Reading Leadership Changes Announced at Fannie Mae
Leadership Changes Announced at Fannie Mae
Brandon Hamara and John Roscoe were named co-presidents of Fannie Mae. Continue Reading Leadership Changes Announced at Fannie Mae
Costco to Open First Standalone Gas Station
Costco Wholesale Corp. (NASDAQ: COST) announced plans to open its first standalone gas station that is not connected to one of its retail outlets. According to combined media reports, the new station will be based in the Los Angeles suburb of Mission Viejo. The...
Hilton and Marriott Expand Their Hotel Portfolios Across Africa
The hotel chains Hilton (NYSE: HLT) and Marriott (NASDAQ: MAR) have announced respective plans to expand their presence across Africa. Hilton, which currently operates 63 hotels in Africa, is planning to add more than 100 locations across the continent over the coming...
RE/MAX: Home Sales Up for Fourth Consecutive Month
Homes sales during May marked the fourth consecutive month of increases, up 8.6% from April, according to data from RE/MAX. However, May sales were also 3.5% lower year-over-year. Across the 52 metro areas surveyed for RE/MAX’s report, the number of homes for sale...
NEWS & CURRENT EVENTS
Builder Confidence Records a Scant Uptick Amid Tariff Jitters
“The recent dip in mortgage rates may have pushed some buyers off the fence in March, helping builders with sales activity,” said NAHB Chairman Buddy Hughes. Continue Reading Builder Confidence Records a Scant Uptick Amid Tariff Jitters
Canadian Housing Starts Down in March
Montreal posted a 138% year-over-year increase in actual housing starts in March. Continue Reading Canadian Housing Starts Down in March
Leadership Shifts at American Financial Resources
Robert Pieklo joined AFP as COO in February 2024 following its acquisition by Proprietary Capital. Continue Reading Leadership Shifts at American Financial Resources
Mortgage Application Volume Down 8.5%
The Refinance Index decreased 12% from the previous week. Continue Reading Mortgage Application Volume Down 8.5%
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Foreclosure Activity Inches Up During Q1
ATTOM also reported that 32,878 properties had foreclosure filings in March. Continue Reading Foreclosure Activity Inches Up During Q1
Indiana Home Sales Up 21%
Indiana’s median home sale price rose to $250,000, 6% higher than one year earlier. Continue Reading Indiana Home Sales Up 21%
Grupo T&C Launches Edge House Miami
Pricing starts in the $400,000s. Continue Reading Grupo T&C Launches Edge House Miami
Raquel Welch’s Los Angeles Villa Listed for $3.9 Million
Welch acquired the property in 2009 for $2.5 million and lived there until her death in February 2023. Continue Reading Raquel Welch’s Los Angeles Villa Listed for $3.9 Million
Apple Signs 42,000 SF Office Lease in Florida
The high-tech giant has signed a 42,000-square-foot lease in the north tower of the Plaza Coral Gables. Continue Reading Apple Signs 42,000 SF Office Lease in Florida
420 Property Debuts Cannabis MLS
“The introduction of Cannabis MLS underscores our dedication to adding value for our users,” said Ryan George, CEO of 420 Property. Continue Reading 420 Property Debuts Cannabis MLS
A Strong Q1 for the CMBS Market
Trepp noted the first quarter was dominated by single-borrower deals, with five transactions at $1 billion-plus. Continue Reading A Strong Q1 for the CMBS Market
Tech Trends: The Future of Construction Law in the Age of AI
As AI continues to permeate the construction industry, the legal field will adapt accordingly. Continue Reading Tech Trends: The Future of Construction Law in the Age of AI
Nearly 20% of San Francisco Home Sellers Take a Loss on Their Sale
After San Francisco, Detroit had the highest share of homes selling at a loss (10.8%) during the three months ending Feb. 29. Continue Reading Nearly 20% of San Francisco Home Sellers Take a Loss on Their Sale
Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower
Pricing for current residential availability at 520 Fifth Ave. starts at $1.7 million. Continue Reading Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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