Real Estate News & Insights
Report: Typical Homebuyer’s Down Payment at $64,000
Down payment percentages were highest in San Jose, San Francisco and Anaheim, where the typical homebuyer in each market put down 25% of the purchase price. Continue Reading Report: Typical Homebuyer’s Down Payment at $64,000
CMBS Delinquency Rate Up by One Basis Point
At the property-type level, two of the five major sectors recorded upswings in their delinquency rates. Continue Reading CMBS Delinquency Rate Up by One Basis Point
New Educational Initiative Offers Introduction to Tax Lien Investing
“We’re taking this directly into local communities,” said Scott Bell, founder of Tax Lien Wealth Builders. Continue Reading New Educational Initiative Offers Introduction to Tax Lien Investing
Texas Attorney General Warns Localities Against Violating New Law in Raising Property Taxes
SB 1851 prohibits localities from enacting property tax increases above the no-new-revenue rate. Continue Reading Texas Attorney General Warns Localities Against Violating New Law in Raising Property Taxes
Cleveland Rejects $1.6 Billion Data Center Project in Residential Neighborhood
“Mayor Bibb has serious concerns about hyperscale, standalone data centers being placed in residential neighborhoods,” said the mayor’s office in a statement. Continue Reading Cleveland Rejects $1.6 Billion Data Center Project in Residential Neighborhood
Historic Dallas Hotel Renovated into Mixed-Income Multifamily Housing
In its prime, the Cabana Hotel accommodated The Beatles and Led Zeppelin. Continue Reading Historic Dallas Hotel Renovated into Mixed-Income Multifamily Housing
Duball Previews New Apartment Community in Washington, DC
Revere is scheduled to begin pre-leasing in late 2026 with move-ins beginning in early 2027. Continue Reading Duball Previews New Apartment Community in Washington, DC
Tampa Bay Rays in Tentative Deal with Local Officials on New $2.3 Billion Ballpark
The team has played at Tropicana Field in St. Petersburg since their 1998 launch. Continue Reading Tampa Bay Rays in Tentative Deal with Local Officials on New $2.3 Billion Ballpark
Marcus & Millichap Hires Michael Puline as National Director of Retail Division
Puline joins the Calabasas, California-based company from Perform Properties, where he was most recently vice president of national accounts. Continue Reading Marcus & Millichap Hires Michael Puline as National Director of Retail Division
Rocket Sues UWM, Claiming Breach of Contract of MSR Agreement
The lawsuit accused UWM chief executive Mat Ishbia of using foul language to proclaim his hatred for Rocket. Continue Reading Rocket Sues UWM, Claiming Breach of Contract of MSR Agreement
House Removes BTR Sale Provision from Senate’s Housing Bill
The revised bill now states that institutional investors do not need to sell or divest “any covered single-family home purchased before or after the date of enactment of this Act.” Continue Reading House Removes BTR Sale Provision from Senate’s Housing Bill
Mortgage Rates Dip While Delinquency Levels Rise
The 30-year fixed-rate mortgage averaged 6.36% as of May 14. Continue Reading Mortgage Rates Dip While Delinquency Levels Rise
