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Mortgage Application Activity Down by Nearly 4%
The FHA share of total applications decreased to 19.5% from 20.2% the week prior. Continue Reading Mortgage Application Activity Down by Nearly 4%
Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
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New Study Tracks 10-Year Decline in Quebec’s Home Affordability Levels
Ten years ago, it took Quebec buyers about three years to save for the down payment, whereas it now takes five years. Continue Reading New Study Tracks 10-Year Decline in Quebec’s Home Affordability Levels
Japan to Create National Database Tracking Foreign Ownership of Real Estate
The new database comes in the wake of growing public concerns over increasing foreign acquisitions of Japanese land and water sources. Continue Reading Japan to Create National Database Tracking Foreign Ownership of Real Estate
Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
As of October, Florida home values were down about 3% from the same month in 2022. Continue Reading Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
Rudyard Kipling’s 1896 Vermont Stable to Become Rental Housing
The English-born Kipling lived at an estate in Vermont from 1892 through 1896. Continue Reading Rudyard Kipling’s 1896 Vermont Stable to Become Rental Housing
REMAX Taps Magnite to Expand Commerce Media Business
REMAX launched its media network last December to provide advertisers with a platform to connect with consumers. Continue Reading REMAX Taps Magnite to Expand Commerce Media Business
Sen. Warren Endorses Zohran Mamdani for NYC Mayor
Among Mamdani’s campaign pledges are a freeze in the costs of rent-controlled housing and the creation of supermarkets owned and operated by the city government. Continue Reading Sen. Warren Endorses Zohran Mamdani for NYC Mayor
Lincoln Property Company and NYLREI Acquire San Francisco Office Property
The five-story building encompasses nearly 210,000 square feet and is 90% leased. Continue Reading Lincoln Property Company and NYLREI Acquire San Francisco Office Property
Trump Offers Nominees to Run Ginnie Mae, FHA
Joseph Gormley and Frank Cassidy were tapped for Ginnie Mae and the FHA, respectively. Continue Reading Trump Offers Nominees to Run Ginnie Mae, FHA
Mershops Acquires California Mall for $50 Million
Weberstown Mall encompasses 800,000 square feet and has a tenant base that includes Barnes & Noble, Dillard’s, JCPenney, Old Navy and Five Below. Continue Reading Mershops Acquires California Mall for $50 Million
Which States Benefit the Most from Ending Capital Gains Tax on Home Sales?
Mississippi homeowners have the least to gain in this scenario. Continue Reading Which States Benefit the Most from Ending Capital Gains Tax on Home Sales?
Senate Approves Bill Prohibiting Trigger Leads
Mortgage Bankers Association President and CEO Bob Broeksmit said it was “a long-overdue measure.” Continue Reading Senate Approves Bill Prohibiting Trigger Leads
Comic Matt Rife Acquires the Warren Home Featuring the Annabelle Doll
The latest “Conjuring” film, “The Conjuring: Last Rites,” is scheduled to open in theaters on Sept. 5. Continue Reading Comic Matt Rife Acquires the Warren Home Featuring the Annabelle Doll
DC Council Approves Plans for New Commanders Stadium
“This is a historic moment,” said Josh Harris, the owner of the Commanders. Continue Reading DC Council Approves Plans for New Commanders Stadium
