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SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
The SBA said residents can immediately begin rebuilding using $3.2 billion in federal disaster relief that has been approved for the region. Continue Reading SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
The SBA said residents can immediately begin rebuilding using $3.2 billion in federal disaster relief that has been approved for the region. Continue Reading SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
Mike Dunleavy Named CEO at Van Metre Companies
Van Metre Companies, a Fairfax, Virginina-based real estate development, construction, and investment firm focused on the Mid-Atlantic region, has promoted Mike Dunleavy to CEO, effective immediately. Dunleavy succeeds Rick Rabil, who is retiring after nearly two...
Federal Reserve Hits Pause Button on Rates
After three consecutive rate cuts, the Federal Reserve hit the pause button to keep the federal funds rate at 3.5% to 3.75%. The central bank’s Federal Open Market Committee had two dissenters on the rate decision, with Fed Govs. Stephen I. Miran and Christopher J....
Bright MLS Hires Rajeev Sajja as Chief Artificial Intelligence Officer
Bright MLS, the multiple listing service focused on six Mid-Atlantic states – Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia – and the District of Columbia, has hired Rajeev Sajja as Chief Artificial Intelligence Officer, a newly created role....
NEWS & CURRENT EVENTS
Mortgage Application Activity Down 8.5%
The FHA share of total applications increased to 18.6% from 15.9% the week prior. Continue Reading Mortgage Application Activity Down 8.5%
Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
The survey also found 75% of respondents stating the rising cost of housing played a role in accumulating the debt that led them to seek help. Continue Reading Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
Federal Home Loan Bank of Dallas Announces 2026 Community Investment Grant Programs
This year, the bank’s Affordable Housing Program General Fund will provide up to $1.75 million per project. Continue Reading Federal Home Loan Bank of Dallas Announces 2026 Community Investment Grant Programs
Activist Investor Seeks New Board for CoStar Group
Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, is calling for a change of leadership at CoStar Group (NASDAQ: CSGP), claiming the company’s pursuit of the residential real estate industry has...
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First American Rolls Out Property Title Monitoring and Fraud Alert Service
The service notifies homeowners of new filings—such as deeds or liens—that may affect their property ownership. Continue Reading First American Rolls Out Property Title Monitoring and Fraud Alert Service
Ginnie Mae Reports $526.4 Billion MBS Issuance for FY 2025
Ginnie Mae added that its financing benefited approximately 1.4 million households, out of which an estimated 43.9% were first-time homeowners. Continue Reading Ginnie Mae Reports $526.4 Billion MBS Issuance for FY 2025
Virginia Home Sales Up 7.3% in December
Virginia’s median sales price was $415,000, up $1,510 from last year for an increase of less than 1%. Continue Reading Virginia Home Sales Up 7.3% in December
Grant Cardone Calls on Trump to Extend Bonus Depreciation to Homeowners
Cardone said he “floated this concept to administration a week ago” and the president liked the idea. Continue Reading Grant Cardone Calls on Trump to Extend Bonus Depreciation to Homeowners
Pennsylvania Home Sales and Prices Dropped in December
The decline in sales was mirrored by a decline in new listings – 30,595 in December, compared to 34,812 one year earlier. Continue Reading Pennsylvania Home Sales and Prices Dropped in December
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.09% as of Jan. 22. Continue Reading Mortgage Rates Inch Up Slightly
REMAX: December Home Sales Up 14.9%
“For buyers, easing rates and more options created opportunities that didn’t exist a year ago,” said REMAX CEO Erik Carlson. Continue Reading REMAX: December Home Sales Up 14.9%
Record Number of $1 Million-Plus Homes Sold in Texas
“Luxury home sales are small but powerful,” said Jennifer Wauhob, president of Texas Realtors. Continue Reading Record Number of $1 Million-Plus Homes Sold in Texas
Luxury Home Builders and Owners in $2.65 Million Settlement Over Loan Fraud Allegations
The DOJ noted there has been no determination of liability against the parties in the settlement. Continue Reading Luxury Home Builders and Owners in $2.65 Million Settlement Over Loan Fraud Allegations
Private-Label CMBS Market Issuance Up 21% During 2025
“The average size of a SASB deal in 2025 was $718.9 million,” said Orest Mandzy, managing editor of Trepp’s CRE Direct. Continue Reading Private-Label CMBS Market Issuance Up 21% During 2025
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