Real Estate News & Insights
Report: Typical Household Needs 7 Years to Save for a Down Payment
In many expensive coastal metros, saving for a typical down payment can take 20 to more than 35 years. Continue Reading Report: Typical Household Needs 7 Years to Save for a Down Payment
Pending Home Sales Up 3.3%
On a regional measurement, pending home sales were up month-over-month and year-over-year in the Northeast, Midwest, South, and West. Continue Reading Pending Home Sales Up 3.3%
Tammac Holdings Corp. Expands Into Michigan and Alabama
The company can now offer manufactured and mobile home loans in the two states. Continue Reading Tammac Holdings Corp. Expands Into Michigan and Alabama
CMBS Delinquency Rate Rises to 4.66%
The beleaguered office sector saw the greatest increase since September 2023 with a 48-basis-point spike to 6.30%. Continue Reading CMBS Delinquency Rate Rises to 4.66%
Unicoin Announces ‘Largest-Ever Cryptocurrency Real Estate Deal’ in Bahamas
The properties span 7,721 acres across two islands in the Caribbean nation. Continue Reading Unicoin Announces ‘Largest-Ever Cryptocurrency Real Estate Deal’ in Bahamas
Lincoln Avenue Communities to Rehabilitate Historic New Orleans Senior Housing Building
This is the company’s first rehabilitation using Historic Tax Credits and its first in the state of Louisiana. Continue Reading Lincoln Avenue Communities to Rehabilitate Historic New Orleans Senior Housing Building
Green Street Releases ‘2024 Sector Outlooks’ for Commercial Real Estate
The reports cover the apartment, industrial, office, strip center, mall, self-storage, senior housing, and single-family rental sectors. Continue Reading Green Street Releases ‘2024 Sector Outlooks’ for Commercial Real Estate
Keller Williams in $70 Million Settlement of Sitzer/Burnett Lawsuit
The terms of the settlement were not disclosed. Continue Reading Keller Williams in $70 Million Settlement of Sitzer/Burnett Lawsuit
Mortgage Rates Continue to Drop
“With continued deceleration in inflation we expect rates to decline further,” said Freddie Mac Chief Economist Sam Khater. Continue Reading Mortgage Rates Continue to Drop
New American Funding Acquires Draper and Kramer Mortgage Corp.
NAF stated the acquisition of DKMC will expand its presence in the Midwest and along the East Coast. Continue Reading New American Funding Acquires Draper and Kramer Mortgage Corp.
Housing Inventory Up for Third Straight Month
Compared to January 2023, the typical home spent four less days on the market. Continue Reading Housing Inventory Up for Third Straight Month
Home Equity Levels Down Slightly During Q4
The share of mortgaged homes that were seriously underwater was 2.6%, inching up slightly from 2.5% in the third quarter. Continue Reading Home Equity Levels Down Slightly During Q4
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