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SIOR Inducts Officers for 2025-2026 Term
Saadia Sheikh, CEO and founder of the Dallas- and New York City-based advisory firm Powersense, was named global president. Continue Reading SIOR Inducts Officers for 2025-2026 Term
SIOR Inducts Officers for 2025-2026 Term
Saadia Sheikh, CEO and founder of the Dallas- and New York City-based advisory firm Powersense, was named global president. Continue Reading SIOR Inducts Officers for 2025-2026 Term
Report: Pet Friendly Rentals Get Leased Faster
Rental housing property managers can sign new tenants with greater speed by being pet friendly, according to a new data report by Zillow (NASDAQ: Z, ZG). Nearly six in 10 of today’s renters have a pet, up from 46% before the pandemic, and nearly half said they passed...
Refinancing Fuels Upswing in Mortgage Application Activity
Mortgage application activity revved up for the week ending June 27 thanks to an increased level of refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased...
New Oregon Agency to Bolster State’s Housing Production
Oregon Gov. Tina Kotek has launched the Housing Accountability and Production Office (HAPO) to address the state’s housing shortage. HAPO was created last year through Senate Bill 1537 and will investigate complaints of non-compliance and work with local governments...
NEWS & CURRENT EVENTS
Two Guilty Pleas in Massachusetts Lender Fraud Case
The case involved Louis R. Masaschi, his wife Jeanette Norman and his sister-in-law Christine Gendron. Continue Reading Two Guilty Pleas in Massachusetts Lender Fraud Case
Profit Margins Down for Q1 Home Sales
ATTOM’s Rob Barber noted that “several communities in Florida and California saw the biggest drop offs.” Continue Reading Profit Margins Down for Q1 Home Sales
Report: South and Midwest Dominate in Homebuilding and Affordability
Realtor.com ranked South Carolina, Iowa, Texas, Indiana, and North Carolina for having the best balance between affordability and new construction. Continue Reading Report: South and Midwest Dominate in Homebuilding and Affordability
Luxury Residential Resort Community to be Built at Lake Travis, Texas
The Canyon Club is a project by Prasso Ventures, a private equity investment group. Continue Reading Luxury Residential Resort Community to be Built at Lake Travis, Texas
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Tim Birkmeier Steps Down as Rocket Mortgage President
The company did not announce a successor. Continue Reading Tim Birkmeier Steps Down as Rocket Mortgage President
NY Attorney General Begins Process to Seize Trump’s Westchester Properties
James’ office entered judgments on March 6 with the clerk’s office in Westchester County, where Trump has a golf course and a private estate called Seven Springs. Continue Reading NY Attorney General Begins Process to Seize Trump’s Westchester Properties
HUD Plans Publicity Tour Trumpeting Biden’s ‘Key Milestones and Accomplishments’ in Housing
HUD Secretary Marcia Fudge previously ran afoul of the Hatch Act in 2021. Continue Reading HUD Plans Publicity Tour Trumpeting Biden’s ‘Key Milestones and Accomplishments’ in Housing
AOC and Sanders Reintroduce ‘Green New Deal for Public Housing’
“We are going to provide decent-quality, affordable housing for millions of Americans,” said Sanders Continue Reading AOC and Sanders Reintroduce ‘Green New Deal for Public Housing’
Mortgage Rates Rise Again, Nearing the 7% Mark
Last week, the mortgage rate averaged 6.74%; one year ago at this time, it was at 6.42%. Continue Reading Mortgage Rates Rise Again, Nearing the 7% Mark
Existing Home Sales Up 9.5%
First-time buyers were responsible for 26% of sales in February, down from 28% in January and 27% in February 2023. Continue Reading Existing Home Sales Up 9.5%
Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023
Roughly one out of every nine flipped home sales were sold to buyers using a loan backed by the FHA. Continue Reading Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023
The State with the Greatest Increase in Mortgage Debt Is…
“Even small increases in home prices can lead to thousands of dollars in extra mortgage interest costs,” said John Kiernan, WalletHub editor. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
$475 Million Financing Secured for 800,000-Square-Foot Burbank Office Project
Noted architect Frank Gehry and the team at Gehry Partners designed the buildings, which stand seven and nine stories in height. Continue Reading $475 Million Financing Secured for 800,000-Square-Foot Burbank Office Project
DXL Big + Tall Taps Beta Agency for Retail Store Expansion
DXL’s expansion plans includes the opening of nine new stores in 2024. Continue Reading DXL Big + Tall Taps Beta Agency for Retail Store Expansion
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