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Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
New Venture Plans to Tokenize Manufactured Home Loans On-Chain
ETHZilla will acquire a 15% fully diluted ownership stake in Zippy for $5 million in cash and $14 million in shares of common stock. Continue Reading New Venture Plans to Tokenize Manufactured Home Loans On-Chain
Additional Reading: Top Real Estate News & Headlines
Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
The company expects to welcome its first residents in February 2027. Continue Reading Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
Report: 53% of All Homes Lost Value Since Last Year
Only 4% of homes have lost value since they were last sold, a smaller share than before the pandemic. Continue Reading Report: 53% of All Homes Lost Value Since Last Year
New Home Purchase Mortgage Applications Down in October
The average loan size for new homes increased from $379,107 in September to $381,404 in October. Continue Reading New Home Purchase Mortgage Applications Down in October
Hits and Misses for the Real Estate Week of June 9-13
The closing of HUD’s Los Angeles field offices by the ongoing riots, Ohio lawmakers kowtowing to the Cleveland Browns, and a real estate agent who keeps selling at 100. Continue Reading Hits and Misses for the Real Estate Week of June 9-13
California Attorney General Sues Statewide Landlord, Citing Violations of Multiple Laws
The Nijjar family and their related companies own and manage over 22,000 rental housing units statewide. Continue Reading California Attorney General Sues Statewide Landlord, Citing Violations of Multiple Laws
Oakland’s Largest Hotel Going to a Foreclosure Auction
The property is the headquarters and practice facility of the WNBA’s Golden State Valkyries. Continue Reading Oakland’s Largest Hotel Going to a Foreclosure Auction
Fairway Independent Mortgage Acquires Hallmark Home Mortgage
The acquired company will become Hallmark Home Mortgage, Powered by Fairway. Continue Reading Fairway Independent Mortgage Acquires Hallmark Home Mortgage
New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
“Clearly, our taxpayers are telling us across Ohio that the current status quo is not working,” said Rep. David Thomas. Continue Reading New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA
Louis Belletieri is scheduled to be sentenced on Sept. 12 and faces a maximum possible sentence of 40 years’ imprisonment. Continue Reading Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA
Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
“That is a Pandora’s box the court refuses to open,” said US District Judge Franklin Valderrama. Continue Reading Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
Office-to-Residential Conversion Begins on DC Property
The eight-story, 536,000-square-foot office building opened in 1992 and will become an 11-story, 658,000-square-foot modern apartment building. Continue Reading Office-to-Residential Conversion Begins on DC Property
265-Unit Seattle Multifamily Community is Acquired for $173 Million
The 16-story Danforth was constructed in 2018 at the intersection of Seattle’s First Hill and Capitol Hill neighborhoods. Continue Reading 265-Unit Seattle Multifamily Community is Acquired for $173 Million
Report: Australia’s Commercial Property Market to Reach $78.5 Billion by 2033
Foreign investment in Australia’s office, retail, and industrial markets topped $7 billion during the fourth quarter of 2024. Continue Reading Report: Australia’s Commercial Property Market to Reach $78.5 Billion by 2033
