Real Estate News & Insights
Lawsuit Filed to Stop San Francisco’s Family Zoning Plan to Build New Housing Developments
The lawsuit noted construction is being positioned in the historic North Beach and Fisherman’s Wharf areas and in formerly off-limits lower-income neighborhoods. Continue Reading Lawsuit Filed to Stop San Francisco’s Family Zoning Plan to Build New Housing Developments
CFPB’s Vought Puts in Request for Fed to Fund the Agency
Vought inserted the declaration “I disagree with the opinion and order” in the formal funding request. Continue Reading CFPB’s Vought Puts in Request for Fed to Fund the Agency
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
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