Real Estate News & Insights
Virginia Housing Awards Over $1.4 Million in the Innovation Grant Program
“Virginia Housing supports creative, forward-thinking solutions that strengthen neighborhoods and expand opportunity,” said CEO Tammy Neale. Continue Reading Virginia Housing Awards Over $1.4 Million in the Innovation Grant Program
Mortgage Rates Tick Up Slightly
The 30-year fixed-rate mortgage averaged 6.49% as of June 25, up from last week when it averaged 6.47%. Continue Reading Mortgage Rates Tick Up Slightly
FICO Chief Pushes Back at Pulte Criticism Over Pricing and ‘Monopoly’ Status
“We have over 90% market share in all these other markets that have nothing to do with the government,” Will Lansing said. Continue Reading FICO Chief Pushes Back at Pulte Criticism Over Pricing and ‘Monopoly’ Status
Lennar Begins Home Sales at New Florida Community
The community includes a 55+ active adult section. Continue Reading Lennar Begins Home Sales at New Florida Community
Newsom Issues Executive Order Curbing Housing Density in Fire-Impacted Areas
Los Angeles Mayor Karen Bass issued a similar executive order. Continue Reading Newsom Issues Executive Order Curbing Housing Density in Fire-Impacted Areas
Trump Calls on Fed Board of Governors to Overthrow Powell
There is no precedent for the Fed’s Board of Governors to force its chairman out of the leadership role. Continue Reading Trump Calls on Fed Board of Governors to Overthrow Powell
Wells Fargo CEO Charles Scharf to Become Chairman of the Board
When Scharf becomes chairman, the Wells Fargo board intends to appoint a lead independent director. Continue Reading Wells Fargo CEO Charles Scharf to Become Chairman of the Board
Q2 Commercial and Multifamily Mortgage Originations Up 66% from Last Year
On a year-over-year measurement, there was a 140% spike in the dollar volume of loans for office properties. Continue Reading Q2 Commercial and Multifamily Mortgage Originations Up 66% from Last Year
The Link at Uptown, Dallas Office Property, Sells for $218 Million
The property’s leases were all signed post-pandemic. Continue Reading The Link at Uptown, Dallas Office Property, Sells for $218 Million
NYC Housing Lottery Applicants Impacted by Data Breach
The online platform at the center of the breach is managed by Reside New York, a third-party vendor. Continue Reading NYC Housing Lottery Applicants Impacted by Data Breach
Mortgage Rates Dip, Homebuyer Affordability Up Slightly
The national median payment applied for by purchase applicants dropped to $2,172 from $2,211 in May. Continue Reading Mortgage Rates Dip, Homebuyer Affordability Up Slightly
Tri Pointe Homes Opens First Community in Utah
The company plans to create four additional communities across Salt Lake, Utah, and Wasatch counties. Continue Reading Tri Pointe Homes Opens First Community in Utah
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