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Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
Investor James Fishback Announces Bid for Governor of Florida with Pledge to End Property Taxes
James Fishback, the CEO of the investment firm Azoria, announced his candidacy for the Republican nomination for governor of Florida with a platform that calls for the eliminating of property taxes. The 30-year-old Fishback made his announcement on X with a post that...
Ex-Realtor Association CEO Arrested on Grand Theft Charges
The former CEO of Florida’s East Polk County Association of Realtors (EPCAR) was arrested on grand theft charges. According to charges brought by the Polk County Sheriff’s Office, Jennifer Garula-Mers was hired by EPCAR in July 2020 with an annual salary of about...
A Pair of San Francisco Hotels Sold at Steep Discount
Two of San Francisco’s largest hotels were sold together at a significant discount. Bloomberg reports Parc 55 and Hilton San Francisco Union Square, which encompass a total of nearly 3,000 rooms, were sold for $408 million – a 75% drop from their combined $1.56...
NEWS & CURRENT EVENTS
Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
The company expects to welcome its first residents in February 2027. Continue Reading Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
Report: 53% of All Homes Lost Value Since Last Year
Only 4% of homes have lost value since they were last sold, a smaller share than before the pandemic. Continue Reading Report: 53% of All Homes Lost Value Since Last Year
New Home Purchase Mortgage Applications Down in October
The average loan size for new homes increased from $379,107 in September to $381,404 in October. Continue Reading New Home Purchase Mortgage Applications Down in October
New Forecast Predicts 14% Spike in Existing Home Sales During 2026
“As we go into next year, the mortgage rate will be a little bit better,” said Chief Economist Lawrence Yun. Continue Reading New Forecast Predicts 14% Spike in Existing Home Sales During 2026
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Stacey Onnen Named President at HomeSmart
“We are pleased to welcome Stacey to HomeSmart at such an important time in our growth,” said Matt Widdows, founder and CEO of HomeSmart. Continue Reading Stacey Onnen Named President at HomeSmart
Report: FHFA Closing Fannie Mae and Freddie Mac’s NY Offices Due to Letitia James’ ‘Corrupt and Dangerous Business Practices’
Fox News first reported the story, culling its information from an unnamed “source close to the Federal Housing Finance Agency.” Continue Reading Report: FHFA Closing Fannie Mae and Freddie Mac’s NY Offices Due to Letitia James’ ‘Corrupt and Dangerous Business Practices’
Utah Officials Reject Property Tax Hike Requests from 35 Cities and Taxing Entities
The rejections were based on compliance with guidelines included in new legislation that went into effect earlier this year. Continue Reading Utah Officials Reject Property Tax Hike Requests from 35 Cities and Taxing Entities
FICO Debuts Program to Sell Credit Scores Directly to Lenders
“Today marks a turning point in how credit scores are delivered and priced across the mortgage industry,” said Will Lansing, CEO of FICO. Continue Reading FICO Debuts Program to Sell Credit Scores Directly to Lenders
Ground Broken for New 10,000-Seat Arena in Reno
The $435 million GSR Arena will span 300,000 square feet and seat up to 10,000 guests. Continue Reading Ground Broken for New 10,000-Seat Arena in Reno
Mortgage Rates Rise for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.34% as of Oct. 2. Continue Reading Mortgage Rates Rise for Second Straight Week
Report: One in Five Homes Had Price Reductions in September
Properties at the lower- and mid-tier and the South were the most likely to have lowered prices while luxury home prices remained steady. Continue Reading Report: One in Five Homes Had Price Reductions in September
CMBS Delinquency Rate Falls After 6 Months of Increases
Year-over-year, the overall CMBS delinquency rate is up 153 basis points from 5.70% Continue Reading CMBS Delinquency Rate Falls After 6 Months of Increases
Luxury Home Sales Rise While Sales Activity Declines
“Sales have slowed across all price tiers, and luxury homes are no exception,” said Redfin Senior Economist Sheharyar Bokhari. Continue Reading Luxury Home Sales Rise While Sales Activity Declines
FCP Expands into Las Vegas with Apartment Community Acquisition
The financial terms of the deal were not disclosed. Continue Reading FCP Expands into Las Vegas with Apartment Community Acquisition
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