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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
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Hospitality at Work Acquires Vector Property Services
The financial terms of the deal were not disclosed. Continue Reading Hospitality at Work Acquires Vector Property Services
Mortgage Rates Go Into Decline
The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9. Continue Reading Mortgage Rates Go Into Decline
St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
During the five years analyzed by the report, Black homebuyers purchased homes that are 40% to 58% lower in price than those of non-Black buyers. Continue Reading St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
New Initiative Targets $1 Billion for Nordic Real Estate Financing
The partnership will deploy $1 billion on whole loan lending in Denmark, Finland, Norway, and Sweden. Continue Reading New Initiative Targets $1 Billion for Nordic Real Estate Financing
A Phil Hall Op-Ed: Real Estate, Crypto and the Trump Agenda
Editor Phil Hall opines on the intersection of real estate, cryptocurrency and federal regulations. Continue Reading A Phil Hall Op-Ed: Real Estate, Crypto and the Trump Agenda
CMBS Delinquency Rate Down by 1 Basis Point
One year ago, the CMBS delinquency rate was 4.66%. Continue Reading CMBS Delinquency Rate Down by 1 Basis Point
North Dakota Lawmakers Consider Expanding Homestead Property Tax Credit
Rep. Nels Christianson, the bill’s sponsor, said his legislation provides property tax relief to residents who need it the most. Continue Reading North Dakota Lawmakers Consider Expanding Homestead Property Tax Credit
Cornerstone Capital Bank Launches Community Lending Division
The bank stated it will seek “to close racial and economic gaps in homeownership and help families achieve their dream of owning a home.” Continue Reading Cornerstone Capital Bank Launches Community Lending Division
NAR Accepting Applications for 2025 Good Neighbor Awards
Five winners will each receive a $10,000 grant for their nonprofit organization. Continue Reading NAR Accepting Applications for 2025 Good Neighbor Awards
Trump Names Treasury Secretary Bessent as Acting CFPB Director
Bessent will take the leadership role from Rohit Chopra, who was fired on Saturday. Continue Reading Trump Names Treasury Secretary Bessent as Acting CFPB Director
Home Builders Give Thumbs Down to Trump’s Tariffs on Canada and Mexico
“Tariffs on lumber and other building materials increase the cost of construction,” said NAHB Chairman Carl Harris. Continue Reading Home Builders Give Thumbs Down to Trump’s Tariffs on Canada and Mexico
GOP Cheers, Democrats Slam Trump’s Firing of CFPB Director Rohit Chopra
Sen. Chuck Schumer predicted a “Golden Age of predatory lending.” Continue Reading GOP Cheers, Democrats Slam Trump’s Firing of CFPB Director Rohit Chopra
Pittsburgh-Area Mall Sells for $34 Million
The company bought the mail in 2004 for $231.2 million. Continue Reading Pittsburgh-Area Mall Sells for $34 Million
