Featured Real Estate News
Report: Mobile Home Median Listing Price Down 5.7% Year-Over-Year
The median listing price for a mobile home during February was $141,450, a 5.7% year-over-year decrease, according to a report from Realtor.com. In comparison, the median single-family home last month was $410,000. Realtor.com noted that under current market...
Report: Mobile Home Median Listing Price Down 5.7% Year-Over-Year
“Mobile homes offer a unique opportunity to build equity with a significantly lower monthly housing payment,” said Joel Berner, senior economist at Realtor.com. Continue Reading Report: Mobile Home Median Listing Price Down 5.7% Year-Over-Year
Deltec Homes Debuts New Line of Affordable Dwelling Units
Asheville, North Carolina-headquartered Deltec Homes has rolled out its new Backyard Cottages line of affordable accessory dwelling units (ADUs). The collection launches with two models: the Refuge (326 square feet) and the Sanctuary (517 square feet). Both feature...
FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
As the 30-year fixed-rate mortgage fell below 6% for the first time since 2022, Federal Housing Finance Agency Director Bill Pulte has credited President Trump as being the only reason that decline occurred. In a post on his personal X account, Pulte cheered,...
Former FHA Commissioner Brian D. Montgomery Joins NewDay USA as Vice Chairman
NewDay USA, the West Palm Beach, Florida-headquartered mortgage lender focused on the veteran community, has hired Brian D. Montgomery as vice chairman of the company's advisory board. Montgomery is the only individual to serve as commissioner of the Federal Housing...
News & Current Events
NYC Mayor Mamdani Lobbies Trump for $21 Billion to Fund Affordable Housing Project
The White House did not comment on the meeting. Continue Reading NYC Mayor Mamdani Lobbies Trump for $21 Billion to Fund Affordable Housing Project
North Carolina Attorney Sentenced for Role in Real Estate Fraud Scheme
The North Carolina Department of the Secretary of State prosecuted the case at the request of the Buncombe County District Attorney’s Office. Continue Reading North Carolina Attorney Sentenced for Role in Real Estate Fraud Scheme
Poll Finds Wisconsin Voters Prefer Lowering Property Taxes Over Funding Public Schools
“It’s not as simple as just paying for schools from property taxes; the state has a role in that as well,” said poll director Charles Franklin. Continue Reading Poll Finds Wisconsin Voters Prefer Lowering Property Taxes Over Funding Public Schools
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Exclusive News
Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
The multifamily developer Thompson Thrift announced that it will develop Wrenly, a 214-unit community in the Atlanta suburb of Newnan, Georgia. Continue Reading Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
The company said the property has been well-maintained by the previous ownership, and there are no significant deferred maintenance needs. Continue Reading Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
A Phil Hall Op-Ed: It Can’t Happen Here, Can It?
Houses of worship are very special pieces of real estate, and violence against these buildings and the people within them has become too commonplace. Continue Reading A Phil Hall Op-Ed: It Can’t Happen Here, Can It?
Canadian Housing Starts Up 9.4%
Montreal posted a 24% year-over-year increase in actual housing starts this month driven by higher multi-unit and single-detached starts. Continue Reading Canadian Housing Starts Up 9.4%
HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
The CHA’s audit will cover the period of Sept. 1, 2022, to Aug. 31, 2025. Continue Reading HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
National Trust for Historic Preservation Sues to Stop Work on White House Ballroom
The Trump administration did not immediately comment on the lawsuit. Continue Reading National Trust for Historic Preservation Sues to Stop Work on White House Ballroom
Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
Prior to her role at Hudson Companies, Kackmann was vice president of affordable and workforce housing at The Albanese Organization. Continue Reading Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
New Board Chairman Appointed at QuadReal Property Group
R. Scott Hutcheson replaces Thomas Garbutt, who is stepping down after serving as chairman since 2018. Continue Reading New Board Chairman Appointed at QuadReal Property Group
Hits and Misses for the Real Estate Week of Dec. 8-12
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. Continue Reading Hits and Misses for the Real Estate Week of Dec. 8-12