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YOUNGER AMERICANS ARE BEING PUSHED OUT OF THE U.S. HOUSING MARKET
Source: Black Enterprise --- According to a national profile of homebuyers and sellers by the National Association of Realtors (NAR), American homebuyers are Whiter, older and wealthier. The New York Times reports the NAR added first-time homebuyers account for the...
Marry the House, Date the Mortgage Rate – Does It Work?
Source: Yahoo! --- The average U.S. rate for a 30-year fixed mortgage reached a 20-year high of 7.08% in the final week of October, more than doubling from a year earlier, according to Freddie Mac (FMCC). Homebuyers aren’t happy. On a $350,000 home loan, a mortgage...
Real Estate-Focused Home Network to Debut on Canadian TV
Broadcasting begins on Dec. 31. Continue Reading Real Estate-Focused Home Network to Debut on Canadian TV
Compass Acquires @properties and Christie’s International Real Estate
This is the third acquisition of the year for Compass. Continue Reading Compass Acquires @properties and Christie’s International Real Estate
A Phil Hall Op-ed: Dan Gilbert, General Motors and a Detroit-Style Shakedown
Editor Phil Hall considers unusual activity surrounding Detroit’s Renaissance Center. Continue Reading A Phil Hall Op-ed: Dan Gilbert, General Motors and a Detroit-Style Shakedown
New Bipartisan Push to Study AI’s Impact on Housing and Financial Services
“Artificial intelligence holds the promise to revolutionize our financial system,” said Rep. McHenry. Continue Reading New Bipartisan Push to Study AI’s Impact on Housing and Financial Services
Report: CFPB Pushing Ahead on Rulemaking Before Trump’s Return
“Delete CFPB,” wrote Elon Musk in an X posting. Continue Reading Report: CFPB Pushing Ahead on Rulemaking Before Trump’s Return
Work Begins on 1,484-Unit Transit-Oriented Housing in Toronto
The project is a public-private partnership. Continue Reading Work Begins on 1,484-Unit Transit-Oriented Housing in Toronto
Greystar Real Estate Partners Opens First Modular Housing Development
The developer has six additional modular housing projects in the works. Continue Reading Greystar Real Estate Partners Opens First Modular Housing Development
CMBS Delinquency Rate Soars to 6.40%
Trepp attributed the upswing to substantial increases in the delinquency rates for the office, multifamily and lodging property sectors. Continue Reading CMBS Delinquency Rate Soars to 6.40%
Trump Nominates Real Estate Developer Charles Kushner as Next Ambassador to France
Reaction to Kushner’s appointment in France has been mixed to negative. Continue Reading Trump Nominates Real Estate Developer Charles Kushner as Next Ambassador to France
Three Bay Area Real Estate Professionals Sentenced for Mortgage Fraud Scams
“The defendants tried to line their own pockets at the expense of homebuyers, lenders, and federally insured programs,” said US Attorney Ismail J. Ramsey. Continue Reading Three Bay Area Real Estate Professionals Sentenced for Mortgage Fraud Scams
