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As Mortgage Rates Stay Up, Lenders and Brokers Need to Get ‘Creative’
Source: Market Scale --- Freddie Mac’s weekly averages since July 14 have been volatile, with spikes and dips in 30-year fixed, 15-year fixed and 15-year adjustable mortgage rates. But even with some short term relief after August 4’s numbers brought rates below 5%...
Thinking of Buying? These Cities Are Among the Fastest-Cooling Housing Markets in the Country
Source: The Motley Fool --- As potential home buyers think twice about whether now is the right time to buy, sellers in some areas are dropping their prices. The red-hot housing market ushered in by the pandemic is now cooling. And according to Redfin, the areas of...
Mainstreet Equity Corp. to Offer Housing Assistance to Jasper Wildfire Evacuees
The company stated it would offer six-month leases for the permanent residents of Jasper fleeing the wildfires. Continue Reading Mainstreet Equity Corp. to Offer Housing Assistance to Jasper Wildfire Evacuees
The Bainbridge Companies Unveils Orlando Luxury Apartment Community
The 390-unit luxury apartment community offers one-, two- and three-bedroom homes ranging from 687 to 1,506 square feet. Continue Reading The Bainbridge Companies Unveils Orlando Luxury Apartment Community
Muinzer Acquires Two Student Housing Communities Adjacent to Purdue University
The properties total 362 student housing beds and are 99% pre-leased for the August 2024 school year. Continue Reading Muinzer Acquires Two Student Housing Communities Adjacent to Purdue University
For Sale: Uranium-Contaminated Ohio School
The presence of the uranium has been blamed for the death of one dozen former students. Continue Reading For Sale: Uranium-Contaminated Ohio School
Ben Affleck Buys $20.5M Mansion Without Jennifer Lopez
As for Jennifer Lopez, TMZ reported she’s looking for her own house to buy in New York City. Continue Reading Ben Affleck Buys $20.5M Mansion Without Jennifer Lopez
Vancouver Broker Loses License, Fined $110K for Real Estate Fraud
“BCFSA holds real estate licensees to high standards and does not tolerate dishonesty and deception,” said the regulator. Continue Reading Vancouver Broker Loses License, Fined $110K for Real Estate Fraud
New Mexico Mortgage Finance Authority Rebrands as Housing New Mexico
New Mexico’s homeownership rate is 70.9%. Continue Reading New Mexico Mortgage Finance Authority Rebrands as Housing New Mexico
Investment Firms Acquire Two Core-Plus Communities in Tampa Suburb
The properties are close to major highways I-275, I-75 and I-4. Continue Reading Investment Firms Acquire Two Core-Plus Communities in Tampa Suburb
GoldenTree Asset Management Names New Head of Real Estate Credit Origination
Sam Friedland was previously a managing director at Related Fund Management. Continue Reading GoldenTree Asset Management Names New Head of Real Estate Credit Origination
Hits and Misses for the Real Estate Week of July 22-26
This week’s Hits and Misses includes a problematic affordable housing plan, a historic theater’s surprise honor and a real estate professional becomes Miss Florida USA 2024. Continue Reading Hits and Misses for the Real Estate Week of July 22-26
Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
- San Francisco’s Bay Club Acquires Full City Block for $65 Million
- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
