Real Estate News & Insights
New Home Purchase Mortgage Applications Down in July
The average loan size for new homes decreased from $375,218 in June to $374,438 in July. Continue Reading New Home Purchase Mortgage Applications Down in July
Alliance Residential Opens New Multifamily Community in Dallas Suburb
The Breckyn offers one- and two-bedroom apartments, with layouts ranging from 731 to 1,191 square feet. Continue Reading Alliance Residential Opens New Multifamily Community in Dallas Suburb
New Report Details Massive Parcel Vacancy Blight Across St. Louis
There are currently more than 24,000 vacant parcels in St. Louis, including over 9,000 vacant buildings and approximately 15,000 vacant lots. Continue Reading New Report Details Massive Parcel Vacancy Blight Across St. Louis
CFG Bank Launches CFG Mortgage Partners, Aimed at Multifamily Market
Dan Sacks was named managing partner for this new endeavor. Continue Reading CFG Bank Launches CFG Mortgage Partners, Aimed at Multifamily Market
ATTOM Debuts ResiScore, AI-Powered Tool for Neighborhood Ranking Data
“ResiScore builds on our strategy to deliver AI-powered property intelligence through our data foundation and enterprise data licensing,” said Rob Barber, CEO of ATTOM. Continue Reading ATTOM Debuts ResiScore, AI-Powered Tool for Neighborhood Ranking Data
CRE Finance Council Names Toby Cobb as Chairman of Executive Committee
Cobb succeeds outgoing Chairman Leland F. Bunch III. Continue Reading CRE Finance Council Names Toby Cobb as Chairman of Executive Committee
Existing Home Sales Up 3.2% in May
The median sales price in May for all housing types was $429,300, a 1.3% increase from one year ago. Continue Reading Existing Home Sales Up 3.2% in May
Arrests Made in New Jersey Money Laundering Scheme Involving Luxury Real Estate Deal
The investigation identified Jason S. McNeill and Ryan A. Telesford, who worked in coordination with additional individuals to defraud a Bergen County business. Continue Reading Arrests Made in New Jersey Money Laundering Scheme Involving Luxury Real Estate Deal
Mortgage Credit Availability Improved Slightly in May
“Mortgage rates reached nine-month highs over the month, which put pressure on homebuyers and reduced the demand for refinancing,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved Slightly in May
Baltimore City Council Advances Property Tax Relief Bill
The measure reduces the property tax rate by 1 cent for every $100 of assessed property value. Continue Reading Baltimore City Council Advances Property Tax Relief Bill
Canadian Government Provides $112 Million for 217-Unit Toronto Multifamily Property
No timeline was provided on when the property will begin accepting tenants. Continue Reading Canadian Government Provides $112 Million for 217-Unit Toronto Multifamily Property
John McNeill Joins MAXEX as CFO
He recently served as CFO of the fintech Spring Oaks Capital. Continue Reading John McNeill Joins MAXEX as CFO
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