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Survey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
More than one-third (35%) of millennials citing rising housing costs as the biggest obstacle to their retirement readiness. Continue Reading Survey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
Survey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
More than one-third (35%) of millennials citing rising housing costs as the biggest obstacle to their retirement readiness. Continue Reading Survey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
Platform Ventures Launches Multifamily Development Unit
The Kansas City-based private investment firm Platform Ventures is rolling out a multifamily development unit focused on ground-up apartment development and construction. In a statement, the company said it was pursuing this strategy because it “believes multifamily...
Progressive Insurance Debuts Program to Empower Prospective Homebuyers
Progressive Insurance has debuted “Open the House,” a multi-year program designed to address the challenges faced by prospective homebuyers. The new program will focus on economic empowerment and will provides tools, information, and resources to help prospective...
Early 18th Century Brooklyn Farmhouse to Become Museum
One of New York City’s oldest surviving homes will soon be opened for the first time to the public as a new museum. The Art Newspaper reports Brooklyn’s Hendrick I. Lott House was built as a farmhouse in 1720 by Johannes Lott. The property was incorporated into a...
NEWS & CURRENT EVENTS
NAR to Layoff 61 Employees as Part of Organizational Overhaul
NAR did not provide a timeline regarding when the job cuts would occur. Continue Reading NAR to Layoff 61 Employees as Part of Organizational Overhaul
Former Morgan Stanley Financial Advisor Sentenced for Fraud Scheme
n all, Morgan Stanley suffered a total loss of $5,554,968.10 due to Jesus Rodriguez de la Cruz’s scheme. Continue Reading Former Morgan Stanley Financial Advisor Sentenced for Fraud Scheme
Caliber Launches 1031 Exchange Program
Caliber specializes in acquiring and managing multifamily residential, hospitality, and multi-tenant industrial assets in Arizona, Texas, and Colorado. Continue Reading Caliber Launches 1031 Exchange Program
Chicago Mayor Johnson Debuts ‘Build Better Together’ Initiative
Chicago under Johnson’s leadership is operating with a $1 billion deficit. Continue Reading Chicago Mayor Johnson Debuts ‘Build Better Together’ Initiative
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Guild Mortgage Acquires Academy Mortgage Corp.
This transaction is Guild’s sixth acquisition since 2021. Continue Reading Guild Mortgage Acquires Academy Mortgage Corp.
A&D Mortgage Offers Leap Year Promotion for Mortgage Brokers
The promotion runs through Feb. 29. Continue Reading A&D Mortgage Offers Leap Year Promotion for Mortgage Brokers
Mat Ishbia to Launch New Investment Group
“It’s about unifying all of these businesses under one brand,” Ishbia said. Continue Reading Mat Ishbia to Launch New Investment Group
Mortgage Application Activity Down 2.3%
The Refinance Index decreased 2% from the previous week and was 12% higher than the same week one year ago. Continue Reading Mortgage Application Activity Down 2.3%
PNC Bank to Spend $1 Billion to Open 100 New Locations
Pittsburgh-headquartered PNC Bank (NYSE:PNC) announced it will invest approximately $1 billion to open more than 100 new locations and renovate more than 1,200 existing locations through 2028. According to the company, PNC will build and open new branches in key...
Foreclosure Activity is On the Rise
Monthly increases in foreclosure completions were recorded in 19 states. Continue Reading Foreclosure Activity is On the Rise
Homeowners Staying Longer in Their Houses
The typical U.S. homeowner has spent 11.9 years in their home. Continue Reading Homeowners Staying Longer in Their Houses
Canadian Home Sales Up in January
The number of newly listed homes inched up 1.5% on a month-over-month basis in January. Continue Reading Canadian Home Sales Up in January
RE/MAX Co-Founder Dave Liniger to Release New Book ‘The Perfect 10’
Liniger called his new book “a love letter to young and future moguls.” Continue Reading RE/MAX Co-Founder Dave Liniger to Release New Book ‘The Perfect 10’
Sound Capital Recruits Andrew Platt as Senior Managing Director
Platt will spearhead the company’s plans to build on its presence beyond the 14 states it currently serves. Continue Reading Sound Capital Recruits Andrew Platt as Senior Managing Director
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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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