Real Estate News & Insights
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
New Report Names Detroit as America’s Neediest City
“The city has the third-highest share of households lacking complete plumbing facilities and the 10th-highest share lacking complete kitchen facilities,” the report said. Continue Reading New Report Names Detroit as America’s Neediest City
Build More Housing Near Transit Act is Reintroduced in Bipartisan Endeavor
“Our bill will maximize federal investments in transit and increase housing options for cost-burdened Americans to alleviate this pressure,” said Rep. Scott Peters. Continue Reading Build More Housing Near Transit Act is Reintroduced in Bipartisan Endeavor
Bank of England Keeps Rates at 15-Year High
Three members of the Monetary Policy Committee sought a 0.25 percentage point rate hike. Continue Reading Bank of England Keeps Rates at 15-Year High
NAR Names Media Executive Nykia Wright as Interim CEO
Wright was formerly CEO of the Chicago Sun-Times. Continue Reading NAR Names Media Executive Nykia Wright as Interim CEO
Real Estate Attorney Neal Weinstein Joins Law Firm Kane Kessler as Partner
Weinstein brings more than 20 years of experience in commercial real estate transactions. Continue Reading Real Estate Attorney Neal Weinstein Joins Law Firm Kane Kessler as Partner
FHA Proposes Policy Updates to HECM Program
The updates seek to “streamline certain requirements and reduce operational challenges associated with servicing a HECM portfolio.” Continue Reading FHA Proposes Policy Updates to HECM Program
Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages
Only 2.5% of all residential mortgages, or one in 40, were considered seriously underwater in the third quarter. Continue Reading Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages
Edson Awards Honors Affordable Housing Initiatives
“Skyrocketing rents continue to burden millions of American families, even in areas once considered affordable,” said AHTCC CEO Emily Cadik. Continue Reading Edson Awards Honors Affordable Housing Initiatives
Julia Roberts Sells Her San Francisco Mansion
The five-level property was acquired by the Oscar-winner in January 2020 for $8.3 million. Continue Reading Julia Roberts Sells Her San Francisco Mansion
Green Street Acquires Britain’s Local Data Company
This is the third acquisition since 2020 for Newport Beach, California-based Green Street. Continue Reading Green Street Acquires Britain’s Local Data Company
Accurate Group Acquires Voxtur Appraisal Services
Voxtur will operate as a standalone division and retain its dedicated team. Continue Reading Accurate Group Acquires Voxtur Appraisal Services
Recent Posts
HUD Updates 14 FHA Policies in Move to Improve Affordability- New Study: More Americans Favor Homebuying Over Renting for the First Time …
- Alabama Home Sales Up Nearly 12% from One Year Ago
- Supreme Court Offers Mixed Ruling in Michigan Equity Theft Case
- Investor Activity in Home Purchasing Holds Steady
