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California Home Flipper Indicted for Defrauding Lenders Over Six Years
Steven Taylor is currently free on a $3.6 million bond. Continue Reading California Home Flipper Indicted for Defrauding Lenders Over Six Years
California Home Flipper Indicted for Defrauding Lenders Over Six Years
Steven Taylor is currently free on a $3.6 million bond. Continue Reading California Home Flipper Indicted for Defrauding Lenders Over Six Years
JPMorgan Chase Expands Size of San Francisco Regional HQ
JPMorgan Chase (NYSE: JPM) has expanded the size of its San Francisco regional headquarters office. The San Francisco Standard reports the bank will lease an additional 65,000 square feet at 560 Mission Street, the 31-story tower also known as the JPMorgan Chase...
The NRP Group Breaks Ground on Mixed-Income Housing Community Outside of Dallas
The NRP Group, a developer, builder, and manager of multifamily housing, announced the financial close and groundbreaking of a 340-unit, mixed-income housing community in Anna, Texas, located about 45 miles from Dallas. The new community will encompass diverse income...
44.4% of Q1 Home Sales Included Seller Concessions
During the first quarter of this year, 44.4% of home sale transactions involved seller concessions to buyers, according to data from Redfin (NASDAQ:RDFN). That’s up from 39.3% in the first quarter of 2024 and shy of the 45.1% record set in the first quarter of 2023....
NEWS & CURRENT EVENTS
A Phil Hall Op-Ed: Real Estate, Crypto and the Trump Agenda
Editor Phil Hall opines on the intersection of real estate, cryptocurrency and federal regulations. Continue Reading A Phil Hall Op-Ed: Real Estate, Crypto and the Trump Agenda
CMBS Delinquency Rate Down by 1 Basis Point
One year ago, the CMBS delinquency rate was 4.66%. Continue Reading CMBS Delinquency Rate Down by 1 Basis Point
North Dakota Lawmakers Consider Expanding Homestead Property Tax Credit
Rep. Nels Christianson, the bill’s sponsor, said his legislation provides property tax relief to residents who need it the most. Continue Reading North Dakota Lawmakers Consider Expanding Homestead Property Tax Credit
Cornerstone Capital Bank Launches Community Lending Division
The bank stated it will seek “to close racial and economic gaps in homeownership and help families achieve their dream of owning a home.” Continue Reading Cornerstone Capital Bank Launches Community Lending Division
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Mortgage Application Activity Continues to Rise
“The spread between the jumbo and conforming rates widened to 16 basis point,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Continues to Rise
Survey: Most Younger Homeowners Are Spying on the Value of Friends’ Homes
79% of the survey’s respondents said their snooping left them feeling stressed, concerned or upset. Continue Reading Survey: Most Younger Homeowners Are Spying on the Value of Friends’ Homes
Jared Kushner’s Father Makes Unsolicited Bid for New Jersey-Based REIT
A company owned by Charles Kushner, the father of former President Donald Trump’s son-in-law and one-time political advisor Jared Kushner, has made an unsolicited offer to buy a real estate investment trust. K Corp Acquisitions LLC, owned by Charles Kushner, reached...
Maza, a Platform for Immigrants Aimed at Homeownership, Announces $8 Million Seed Round
“As descendants of Latin American immigrants, my co-founders and I are building the company our parents needed,” said Luciano Arango, CEO and co-founder of Maza. Continue Reading Maza, a Platform for Immigrants Aimed at Homeownership, Announces $8 Million Seed Round
New Executive Director Sought for Seattle’s Compass Housing Alliance
Mary Steele has served as executive director since October 2019. Continue Reading New Executive Director Sought for Seattle’s Compass Housing Alliance
Tim Gallagher Named Head of Commercial Real Estate at M&T Bank
Gallagher joins M&T from Slate Asset Management, where he was managing director. Continue Reading Tim Gallagher Named Head of Commercial Real Estate at M&T Bank
273 Bank Branches Closed in May
As of May 31, banks had a total of 78,121 active branches. Continue Reading 273 Bank Branches Closed in May
What Impact Does a Rainbow Flag Have on Homebuyers?
Nearly half of the survey respondents said seeing a Confederate flag in a neighborhood would make them less likely to make an offer on a home in that community. Continue Reading What Impact Does a Rainbow Flag Have on Homebuyers?
FHA Requires Lenders to Start Using SCIF
The SCIF will be required for loan applications dated on or after Aug. 28. Continue Reading FHA Requires Lenders to Start Using SCIF
Bay Area Cabin Where Charles M. Schulz Drew ‘Peanuts’ Listed at $4 Million
The California cabin that was once the home and studio of “Peanuts” cartoonist Charles M. Schulz has been listed for sale at $4 million. Located in the Bay Area city of Sebastopol, the residence has one bedroom, one-and-a-half bathrooms and a two-car garage. The...
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