Real Estate News & Insights
Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Last June, the FHLBNY and the HDC partnered on a $150 million bond purchase in support of more than 2,250 homes across HDC programs. Continue Reading Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Teen Daughter of Geneva Financial’s Owners to Compete in F1 Academy Racing Season
MoneyGram Haas F1 Team has announced that Kaylee Countryman will represent the squad in next season’s F1 Academy Continue Reading Teen Daughter of Geneva Financial’s Owners to Compete in F1 Academy Racing Season
Lottery Drawing to Determine Tenancy in Manhattan Affordable Housing Development
The six affordable studio units are set at an area median income range of 130% at $2,600 monthly rent, Continue Reading Lottery Drawing to Determine Tenancy in Manhattan Affordable Housing Development
Mortgage Rates Fall Further Away From 7%
The 30-year fixed-rate mortgage averaged 6.67% as of Dec. 21, down from last week when it averaged 6.95% Continue Reading Mortgage Rates Fall Further Away From 7%
Real Messenger Rolls Out RealPremium Subscription Service
“We are thrilled to introduce RealPremium, a subscription service designed to take real estate communication to new heights,” said Thomas Ma, co-founder of Real Messenger. Continue Reading Real Messenger Rolls Out RealPremium Subscription Service
Connecticut Shopping Plaza Sells for $19.2 Million
The property was developed in 1962 and is 92% occupied with 46 tenants. Continue Reading Connecticut Shopping Plaza Sells for $19.2 Million
MBA: Median Mortgage Payments Drop by $62 in November
“Homebuyer affordability improved in November, with a decline in mortgage rates providing relief to prospective homebuyers,” said MBA’s Edward Seiler. Continue Reading MBA: Median Mortgage Payments Drop by $62 in November
Survey Finds Most Millennials and Gen Zers Never Move From Their Hometowns
As for those who did move away, 47% of millennials and Gen Zers said would consider returning to where they grew up and have family. Continue Reading Survey Finds Most Millennials and Gen Zers Never Move From Their Hometowns
Report Finds Affordable Homeownership Remained Elusive in Q4
The new report found major expenses on median-priced homes consume 33.7% of the average national wage in the fourth quarter. Continue Reading Report Finds Affordable Homeownership Remained Elusive in Q4
Philly Fed Chief on Rate Cuts: ‘We Don’t Have to Do It Too Fast’
Harker explained that the Federal Reserve needs to hold rates where they are because “the job of controlling inflation is not done.” Continue Reading Philly Fed Chief on Rate Cuts: ‘We Don’t Have to Do It Too Fast’
CFPB and DOJ Sue Texas Developer Colony Ridge, Alleging Illegal Land Sales
Colony Ridge allegedly sold flood-prone land without water, sewer or electrical infrastructure to unsuspecting families. Continue Reading CFPB and DOJ Sue Texas Developer Colony Ridge, Alleging Illegal Land Sales
Developer Proposes 134-Story Apartment Tower for Oklahoma City
If constructed, the tower would be the second tallest U.S. building. Continue Reading Developer Proposes 134-Story Apartment Tower for Oklahoma City
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