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Mortgage Rates Take Another Tumble
The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16. Continue Reading Mortgage Rates Take Another Tumble
Mortgage Rates Take Another Tumble
The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16. Continue Reading Mortgage Rates Take Another Tumble
Michigan Lawmakers Consider Bill to Eliminate Property Taxes for Seniors
A new bill has been introduced in the Michigan legislature that would exempt the state’s seniors from having to pay property taxes. The Alpena News reports Senate Bill 292 introduced by State Sen. Michele Hoitenga would allow homeowners ages 70 and older to file to...
April’s Top 10 Expensive Home Sales Centered in Florida, Beverly Hills and NYC
The nation’s 10 most expensive home sales in April were anchored in exactly three markets, according to new data from Redfin (NASDAQ: RDFN). Last month, six of the 10 most expensive home sales were in coastal Florida, while two were in Beverly Hills, California, and...
United Homes Group Announces Leadership Shifts and Review of Potential Company Sale
The Columbia, South Carolina-based residential homebuilder United Homes Group Inc. (NASDAQ: UHG) announced the appointment of John G. (Jack) Micenko Jr., as CEO and Jeremy Pyle as co-chief operating officer (COO). Micenko succeeds James M. (Jamie) Pirrello, who...
NEWS & CURRENT EVENTS
Tampa Bay Rays Drop Effort to Develop New $1.3 Billion Stadium
“After careful deliberation, we have concluded we cannot move forward with the new ballpark and development project at this moment,” said principal owner Stuart Sternberg. Continue Reading Tampa Bay Rays Drop Effort to Develop New $1.3 Billion Stadium
Report: Compass in Discussions to Acquire Warren Buffett-Owned Brokerage
The potential acquisition price is uncertain. Continue Reading Report: Compass in Discussions to Acquire Warren Buffett-Owned Brokerage
Senate Confirms Bill Pulte to Become FHFA Director
Three Democrats joined the Republican majority in confirming Pulte. Continue Reading Senate Confirms Bill Pulte to Become FHFA Director
The Most Expensive Home Sale in February Is…
Coastal Florida boasted seven of February’s 10 highest-priced home sales. Continue Reading The Most Expensive Home Sale in February Is…
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St. Patrick’s Cathedral Sells Air Rights to Ken Griffin
“It is our hope that the money will go to the continued upkeep of the Cathedral,” said Joseph Zwilling, director of communications for the Archdiocese of New York. Continue Reading St. Patrick’s Cathedral Sells Air Rights to Ken Griffin
loanDepot Unveils melloNow Underwriting Engine
The company has been beta-testing the system for the last several quarters. Continue Reading loanDepot Unveils melloNow Underwriting Engine
CoStar Group Completes Acquisition of UK Property Portal
OnTheMarket was founded in 2013 and currently has over 13,000 agent advertisers. Continue Reading CoStar Group Completes Acquisition of UK Property Portal
PREIT Files for Chapter 11 Bankruptcy for Second Time in Three Years
The company expected to emerge from bankruptcy by early February. Continue Reading PREIT Files for Chapter 11 Bankruptcy for Second Time in Three Years
Mortgage Credit Availability Down in November
“Credit availability in November declined to its lowest level in four months, driven by reduced offerings of non-QM and jumbo loan programs,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Down in November
Rocket Homes App Now Available on Apple CarPlay
Rocket noted that more than 98% of cars in the U.S. support CarPlay. Continue Reading Rocket Homes App Now Available on Apple CarPlay
Zillow Offers 3D Virtual Tour of Santa’s Home
The North Pole residencet carries a Zestimate of $1.18 million, up 2% from last year. Continue Reading Zillow Offers 3D Virtual Tour of Santa’s Home
Thompson Thrift Announces Latest Florida Community
The property will be Thompson Thrift’s 14th residential community in the state. Continue Reading Thompson Thrift Announces Latest Florida Community
Caribou Industries to Begin Work on Mixed-Use Development in Santa Ana, California
“This project has truly been a labor of love,” said Michael F. Harrah, founder and president. Continue Reading Caribou Industries to Begin Work on Mixed-Use Development in Santa Ana, California
Choice Hotels Launches Hostile Takeover of Wyndham Hotels & Resorts
Wyndham pointed out that the “offer looks to be unchanged from Choice’s previous highly conditional offer the Board reviewed and rejected.” Continue Reading Choice Hotels Launches Hostile Takeover of Wyndham Hotels & Resorts
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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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