Real Estate News & Insights
Report: FHFA’s Pulte Instigated Subpoena and Indictment Threat Against Powell
Pulte has made no public comment on Powell’s announcement. Continue Reading Report: FHFA’s Pulte Instigated Subpoena and Indictment Threat Against Powell
Powell Announces He is Target of DOJ Criminal Probe
Federal Reserve Chairman Jerome Powell announced the Department of Justice (DOJ) has served the central bank with grand jury subpoenas related to his testimony last June before the Senate Banking Committee related to the renovation of the Fed’s headquarters. In an...
Home Flipping Activity Down in Q2
The second quarter’s total is down by 8.7% in the first quarter and down by 7.9% in the second quarter of 2023. Continue Reading Home Flipping Activity Down in Q2
OceanFirst Bank in Redlining Settlement with HUD
OceanFirst will invest at least $14 million in a loan subsidy fund. Continue Reading OceanFirst Bank in Redlining Settlement with HUD
Pretium Names Mark Hudspeth as Head of Capital Markets
Hudspeth joins Pretium from Blackstone Real Estate, where he was a managing director from 2021-2024. Continue Reading Pretium Names Mark Hudspeth as Head of Capital Markets
AOC Calls for New Federal Entity to Build and Sell ‘Social Housing’
The Homes Act is Ocasio-Cortez’s second housing bill introduced this year. Continue Reading AOC Calls for New Federal Entity to Build and Sell ‘Social Housing’
Federal Reserve Announces 50 Basis Point Rate Cut
The new rate range is now at 4.75% to 5.0%. Continue Reading Federal Reserve Announces 50 Basis Point Rate Cut
Georgia Real Estate Attorney Pleads Guilty to Fraud Charges
Sanjay Patel is scheduled to be sentenced on Dec. 12. Continue Reading Georgia Real Estate Attorney Pleads Guilty to Fraud Charges
Greystar to Open New Build-for-Rent Community in Georgia
Summerwell Bells Ferry consists of 137 townhomes and 16 detached single-family rental homes. Continue Reading Greystar to Open New Build-for-Rent Community in Georgia
Michael Jordan Sells Chicago Mansion After 12 Years on the Market
The property was first listed for $29 million in 2012. Continue Reading Michael Jordan Sells Chicago Mansion After 12 Years on the Market
Mortgage Application Activity Up 14.2%
The MBA also reported mortgage applications for new home purchases in August were up 4.4% year-over-year. Continue Reading Mortgage Application Activity Up 14.2%
Lennar Plans Four Communities in New Jersey
Lennar’s New Jersey expansion follows two recent master-planned community openings in the state. Continue Reading Lennar Plans Four Communities in New Jersey
