Featured Real Estate News
Two Harbors Investment Corp. to Merge with CrossCountry Mortgage
Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused real estate investment trust, has canceled its previously announced merger with UWM Holdings Corporation (NYSE: UWMC) and announced a merger agreement with CrossCountry Mortgage. Under the...
Two Harbors Investment Corp. to Merge with CrossCountry Mortgage
CrossCountry will also pay a termination fee of $25.4 million to UWM in accordance with the terms of its now-defunct merger agreement. Continue Reading Two Harbors Investment Corp. to Merge with CrossCountry Mortgage
Cavan Companies Plans Third Build-to-Rent Community in Omaha Metro Area
The real estate developer Cavan Companies announced that it has closed on land for The Bungalows at Prairie Hills, a planned 154-home single-story Build-to-Rent (BTR) community in Papillion, Nebraska. The project will be the company's third development in the Omaha...
R-Zero’s Expands Availability of Commercial Real Estate Energy Savings Tool Prospector AI
R-Zero, a San Francisco-headquartered smart building platform focused on reducing energy use and operational costs, announced the nationwide expansion of Prospector AI, its proprietary data analytics software that identifies immediate energy savings for commercial...
Mortgage Credit Availability Improved in February
Access to mortgage credit increased in February, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI rose by 1.1% to 107.1 in February. A decline in the MCAI indicates that lending standards are...
News & Current Events
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February
Toll Brothers Opens New Luxury Community in Pennsylvania
Homes are priced from the mid-$900,000s. Continue Reading Toll Brothers Opens New Luxury Community in Pennsylvania
PennyMac Debuts Non-QM Product Suite
The new products are designed to “help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.” Continue Reading PennyMac Debuts Non-QM Product Suite
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Canadian Home Sales Down During 2025, But Predicted to Rise in 2026
CREA added the national average home price is forecast to rise by 2.8% on an annual basis to $698,881 in 2026. Continue Reading Canadian Home Sales Down During 2025, But Predicted to Rise in 2026
Newrez to Recognize Crypto Assets for Mortgage Qualification
This offering will be available in February across Newrez’s Smart Series suite of non-agency products. Continue Reading Newrez to Recognize Crypto Assets for Mortgage Qualification
SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower
The building last changed hands in 2014 when it was purchased by Blackstone Group for $750 million. Continue Reading SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower
Kristina K. Williams to Step Down as CEO at FHLB Des Moines
Williams has served in this position since January 2020. Continue Reading Kristina K. Williams to Step Down as CEO at FHLB Des Moines
30-Year Fixed Rate Mortgage Drops to 3-Year Low
The 30-year fixed-rate mortgage averaged 6.06% as of Jan. 15. Continue Reading 30-Year Fixed Rate Mortgage Drops to 3-Year Low
Foreclosure Filings Up 14% During 2025
For the fourth quarter of 2025, there was a total of 111,692 properties with foreclosure filings, up 10% from the previous quarter and up 32% year-over-year. Continue Reading Foreclosure Filings Up 14% During 2025
Zillow: Homes Will Be Affordable in 20 Major Markets by Year’s End
Looking ahead into 2026, Zillow expects slow but steady home value growth, falling mortgage rates and rising incomes to contribute to a nationwide improvement in affordability. Continue Reading Zillow: Homes Will Be Affordable in 20 Major Markets by Year’s End
December New Home Purchase Mortgage Applications Up by 2.5%
The average loan size for new homes increased from $378,063 in November to $380,607 in December. Continue Reading December New Home Purchase Mortgage Applications Up by 2.5%
Kamala Harris Drops $8.15 Million on Malibu Mansion
The area is home to prominent Hollywood stars and high-tech titans. Continue Reading Kamala Harris Drops $8.15 Million on Malibu Mansion