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Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
In order to pay for a typical Ontario home, families earning the local median income need to devote more than 50% of their after-tax earnings to monthly mortgage payments if they live in the province’s 14 urban centers – and that share rises to more than 110% if they...
Mississippi Museum of Art Acquires Frank Lloyd Wright-Designed House
The Mississippi Museum of Art has acquired a Frank Lloyd Wright-designed property in the state capital of Jackson. WLOX reports the Usonian-style residence and its furnishings were designed by Wright in 1948 and was completed in 1954 as the home of for oil industry...
St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
The City of St. Louis, in coordination with Employment Connection, has launched the Impacted Tenants’ Fund to assist eligible city renters who have been forced to relocate if their place of residence was rendered uninhabitable either through condemnation by the City...
NEWS & CURRENT EVENTS
LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
Councilmember Eunisses Hernandez called the plan “a private development scheme disguised as transportation.” Continue Reading LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
Former Calgary Office Building to Become 204-Unit Rental Housing Development
“Calgarians urgently need continued investment in housing,” said Mayor Jeromy Farkas. Continue Reading Former Calgary Office Building to Become 204-Unit Rental Housing Development
Mortgage Delinquency Rate Up During Q3
The delinquency rate was up 6 basis points from the second quarter and up 7 basis points from the third quarter of 2024. Continue Reading Mortgage Delinquency Rate Up During Q3
News Report Uncovers Bill Pulte’s Ownership of Broken-Down Florida Trailer Parks
“Recent visits to two of the mobile home parks revealed a broken fence and overflowing trash bins,” said the Times’ report. Continue Reading News Report Uncovers Bill Pulte’s Ownership of Broken-Down Florida Trailer Parks
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Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.30% as of Sept. 25, up from last week when it averaged 6.26%. Continue Reading Mortgage Rates Inch Up Slightly
Existing Home Sales Remain Flat
“Home sales have been sluggish over the past few years due to elevated mortgage rates and limited inventory,” said NAR Chief Economist Lawrence Yun. Continue Reading Existing Home Sales Remain Flat
Report: Housing in Q3 Grows Less Affordable Across Most of the Country
The nation hit a new record high median home price of $375,000 in the third quarter. Continue Reading Report: Housing in Q3 Grows Less Affordable Across Most of the Country
Trophy Signature Homes Unveils New Community in Dallas Suburb
Earlier this year, the US Census Bureau named Princeton, Texas, as the nation’s fastest growing city Continue Reading Trophy Signature Homes Unveils New Community in Dallas Suburb
CrossCountry Mortgage Raises Its Agency Conforming Loan Limits
CCM’s announcement comes months ahead of the Federal Housing Finance Agency’s official 2026 announcement. Continue Reading CrossCountry Mortgage Raises Its Agency Conforming Loan Limits
Floating Solar PV System to Power Student Housing at Florida School
The 700kW array, developed by D3Energy, spans nearly two acres and includes 1,200 solar modules secured with an advanced anchoring system built for hurricane-force winds. Continue Reading Floating Solar PV System to Power Student Housing at Florida School
Steve Bakke Named EVP/CFO at Postal Realty Trust
Bakke joins Postal Realty Trust from Realty Income Corp., where he most recently served as senior vice president of corporate finance. Continue Reading Steve Bakke Named EVP/CFO at Postal Realty Trust
$48 Million Beverly Hills Estate Topped August’s List of Most Expensive Home Sales
All 10 of the homes sold for over $25 million and the top two sold for more than $40 million. Continue Reading $48 Million Beverly Hills Estate Topped August’s List of Most Expensive Home Sales
Mortgage Delinquency Rate Up During August
An anomaly in the August calendar might have played a role in the month’s delinquency data. Continue Reading Mortgage Delinquency Rate Up During August
Northeast Florida Brokerage First Coast Joins Christie’s International Real Estate
The 130-plus agent firm, which was formerly branded under Engel & Völkers, was established in 2018 by Corey Hasting Continue Reading Northeast Florida Brokerage First Coast Joins Christie’s International Real Estate
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