Real Estate News & Insights
CMBS Delinquency Rate Dropped to 7.14% in February
Three of the five major commercial property sectors recorded delinquency rate declines. Continue Reading CMBS Delinquency Rate Dropped to 7.14% in February
Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
In addition to his prison term, Brian Socha was also ordered to pay $902,541.15 in restitution for bank fraud. Continue Reading Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
Delaware Lawmakers to Hold Special Session to Mitigate Property Tax Hikes
“I’m getting a ton of phone calls, a ton of emails, messages, text messages, every single day,” Rep. Michael Smith said. Continue Reading Delaware Lawmakers to Hold Special Session to Mitigate Property Tax Hikes
NJ Town Drops Eminent Domain Seizure Threat Against Historic Church Property
“I think it’s a good idea – it’s a good purchase,” said Mayor Daniel Rodrick. “I thought they would be willing sellers.” Continue Reading NJ Town Drops Eminent Domain Seizure Threat Against Historic Church Property
Flyhomes Raises $15 Million in Series D Funding
According to the company, the newly raised capital will be used to expand Flyhomes’ Buy Before You Sell program nationwide. Continue Reading Flyhomes Raises $15 Million in Series D Funding
Federal Reserve Holds Rates in Place
Fed governors Michelle W. Bowman and Christopher J. Waller argued to lower the rate by one-quarter percentage point. Continue Reading Federal Reserve Holds Rates in Place
Bank of Canada Holds Rates Steady
The Bank of Canada added that CPI inflation was 1.9% in June, up slightly from the previous month. Continue Reading Bank of Canada Holds Rates Steady
Arizona’s JBRE & Co. Joins The Real Brokerage
Founded in 2017 and led by Justin Bemis, the nine-agent team serves Flagstaff, Sedona and Prescott and is on track to exceed $100 million in sales in 2025. Continue Reading Arizona’s JBRE & Co. Joins The Real Brokerage
Compass Expands in North Carolina with Addition of Cottingham Chalk
Cottingham Chalk’s 70 agents closed $589 million in sales volume during 2024. Continue Reading Compass Expands in North Carolina with Addition of Cottingham Chalk
Rental Housing Developer Sunstone Two Tree Opens Phoenix Office
The new office joins the company’s Westlake Village, California-based headquarters. Continue Reading Rental Housing Developer Sunstone Two Tree Opens Phoenix Office
New Senate Bill Would Recognize Cryptocurrency as Mortgage Collateral
“The American dream of homeownership is not a reality for many young people,” said Sen. Cynthia Lummis. Continue Reading New Senate Bill Would Recognize Cryptocurrency as Mortgage Collateral
Report: FICO Increases DC Lobbying Efforts Following Attacks by FHFA’s Pulte
John McMickle of North South Government Strategies started work last week as a FICO lobbyist. Continue Reading Report: FICO Increases DC Lobbying Efforts Following Attacks by FHFA’s Pulte
