Real Estate News & Insights
Gene Simmons Relists Beverly Hills Estate with $1 Million Price Cut
In April, he listed the property for just under $14 million but later withdrew the listing when there was no buyer interest. Continue Reading Gene Simmons Relists Beverly Hills Estate with $1 Million Price Cut
Chicago Board of Education Approves Small Property Tax Hike
For a Chicago household with a $250,000 home, they will have to pay an additional $8 next year. Continue Reading Chicago Board of Education Approves Small Property Tax Hike
Zillow: Americans Need to Put More Than $127K Down for Typical House
“Down payments have always been important, but even more so today,” said Skylar Olsen, chief economist at Zillow. Continue Reading Zillow: Americans Need to Put More Than $127K Down for Typical House
Mortgage Application Activity on the Rise
“Purchase volume is still more than 10% behind last year’s pace,” said Mike Fratantoni, MBA’s senior vice president and chief economist. Continue Reading Mortgage Application Activity on the Rise
Home Flipping Activity Enjoys Q1 Upswing
Roughly two-thirds of homes flipped in the first quarter were purchased by investors with cash. Continue Reading Home Flipping Activity Enjoys Q1 Upswing
Housing Starts Slumped in May
Single‐family authorizations in May were down 2.9% from the revised April figure of 977,000. Continue Reading Housing Starts Slumped in May
Switzerland Cuts Interest Rates for Second Time, UK Holds Rates Steady
Norway’s central bank held its key policy rate at 4.5%. Continue Reading Switzerland Cuts Interest Rates for Second Time, UK Holds Rates Steady
Survey: Nearly Half of Americans Struggling to Maintain Financial Stability
“A large segment of the American public feels it is financially behind the eight ball,” said Monmouth University’s Patrick Murray. Continue Reading Survey: Nearly Half of Americans Struggling to Maintain Financial Stability
CRMLS and BeachesMLS in Reciprocal Access Agreement
The reciprocal access between systems will be made available to users of both MLSs immediately. Continue Reading CRMLS and BeachesMLS in Reciprocal Access Agreement
Seven-Building Affordable Housing Portfolio in Brooklyn is Sold
Tredway and ELH said they were investing upwards of $10 million for quality-of-life and energy efficiency upgrades in the portfolio. Continue Reading Seven-Building Affordable Housing Portfolio in Brooklyn is Sold
CBRE Acquires Data Center Infrastructure Provider Direct Line Global
CBRE Group Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm, has acquired Direct Line Global, a portfolio company of Guardian Capital Partners. Founded in 1997 and based in Fremont, California, Direct Line Global provides...
CFPB Proposes $3.95 Million Fine Against Freedom Mortgage Corporation
“Freedom Mortgage is a repeat offender,” said CFPB Director Rohit Chopra. Continue Reading CFPB Proposes $3.95 Million Fine Against Freedom Mortgage Corporation
Recent Posts
Hits and Misses for the Real Estate Week of May 11-15- Florida Home Sales Activity Ratchets Up
- Groundbreaking for New 348-Unit Affordable Housing Community in Austin
- New Educational Initiative Offers Introduction to Tax Lien Investing
- Texas Attorney General Warns Localities Against Violating New Law in Raisin…
