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Strong demand for mortgages
Source: Ekathimerini.com --- Demand for housing loans has continued unabated after the January-June semester, as after a long lull over previous years, households are scrambling to meet their housing needs while securing the long-term low fixed interest rates that...
The Great Sell-off has started in real estate
Source: Biz Journals --- It should not come as a surprise that the stubbornly high work-from-home percentage of workers is forcing large pension funds, private equity funds and institutional real estate investors to think twice about their portfolio of buildings.
Maverick Real Estate Partners Closes Seventh Flagship Fund
The fund will invest in distressed real estate credit opportunities within New York City. Continue Reading Maverick Real Estate Partners Closes Seventh Flagship Fund
Mortgage Rates Fall to 19-Month Low
The 30-year fixed-rate mortgage averaged 6.20% as of Sept. 12, down from last week when it averaged 6.35%. Continue Reading Mortgage Rates Fall to 19-Month Low
Demand for Second-Home Mortgages at 8-Year Low
In comparison, mortgage-rate locks for primary homes declined 5.2%. Continue Reading Demand for Second-Home Mortgages at 8-Year Low
Valet Living Promotes Matt Graves to President
Graves has been the company’s chief operating officer since 2022 and will retain that title. Continue Reading Valet Living Promotes Matt Graves to President
Foreclosure Activity Dropped in August
Nationwide, one in every 4,662 housing units had a foreclosure filing last month. Continue Reading Foreclosure Activity Dropped in August
Report: Alimentation Couche-Tard Mulling Updated Bid for 7-Eleven Parent
The combination of the companies would create one of the world’s largest retailers. Continue Reading Report: Alimentation Couche-Tard Mulling Updated Bid for 7-Eleven Parent
European Central Bank Cuts Rates Again
The ECB is predicting the core inflation within its member states will decrease from 2.9% this year to 2.3% in 2025 and 2.0% in 2026. Continue Reading European Central Bank Cuts Rates Again
Court Shuts Down El Paso Hotel Over Alleged Venezuelan Crime Gang Activity
El Paso County Attorney Christina Sanchez stressed that the hotel was not overrun by Tren de Aragua. Continue Reading Court Shuts Down El Paso Hotel Over Alleged Venezuelan Crime Gang Activity
Active Listings Expand, Median Home Prices Up in Mid-Atlantic Region
Sales activity was stronger in the Mid-Atlantic region’s smaller markets, while sales were cooler in the big metro areas. Continue Reading Active Listings Expand, Median Home Prices Up in Mid-Atlantic Region
George Washington Slept Here; It Is Now Listed For $11.5 Million
The property, which is named Wheatland Farm, is now home to an equestrian center. Continue Reading George Washington Slept Here; It Is Now Listed For $11.5 Million
