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HUD Secretary Turner: 50-Year Mortgage Plan Needs More Research
Housing and Urban Development (HUD) Secretary Scott Turner declined to endorse President Trump’s proposal of a 50-year mortgage plan to help reanimate the housing market, stating the idea needed to be studied further before being put forth as a solution to the...
Florida GOP Governor Candidate Proposes Down Payment Program with Funds from Israeli Bonds Divestment
The 30-year-old James Fishback has gained visibility through media appearances where he spoke in favor of President Trump’s agenda. Continue Reading Florida GOP Governor Candidate Proposes Down Payment Program with Funds from Israeli Bonds Divestment
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Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Vermont Governor Seeks to Use State Surplus Revenue to Cut Proposed Property Tax Hike
Vermont Gov. Phil Scott is seeking to use surplus state funds to reduce a projected 12% property tax hike slated for 2026, but the Republican governor is getting pushback from some Democratic legislators over his plan. Vermont Public reports Scott’s administration...
Brazil to Conduct Real Estate Auction Using Blockchain Technology
The Brazilian auction market has been disrupted with altered documents, fake websites, and inconsistent public records. Continue Reading Brazil to Conduct Real Estate Auction Using Blockchain Technology
Syracuse University Launches Master of Science Real Estate Program
The one-year, on-campus program can be completed in one calendar year, with flexibility for students who prefer a longer timeline. Continue Reading Syracuse University Launches Master of Science Real Estate Program
Arrest Made in Connection with California’s Deadly Palisades Fire
Jonathan Rinderknecht was an Uber driver and former Pacific Palisades resident. Continue Reading Arrest Made in Connection with California’s Deadly Palisades Fire
Toll Brothers Previews New Austin-Area Luxury Community
Homes are anticipated to be priced from $1 million. Continue Reading Toll Brothers Previews New Austin-Area Luxury Community
UMH Properties Acquires Georgia Manufactured Home Community for $2.6 Million
The 43-acre community contains 130 developed homesites, of which 32% are occupied. Continue Reading UMH Properties Acquires Georgia Manufactured Home Community for $2.6 Million
Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
In August, total US consumer debt totaled $17.91 trillion, up 2.1% year-over-year. Continue Reading Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
eXp Realty Launches UK Commercial Division
eXp Realty now has the first agent-powered platform in the UK to offer both residential and commercial services under a single model. Continue Reading eXp Realty Launches UK Commercial Division
Mortgage Application Activity Slows Down Again
Among the federal programs, the FHA share of total applications increased to 18.5% from 16.8% the week prior. Continue Reading Mortgage Application Activity Slows Down Again
Lincoln Property Company Acquires BL Mosher Consulting
The financial aspects of the transaction were not disclosed. Continue Reading Lincoln Property Company Acquires BL Mosher Consulting
Newmark Group Acquires Real Estate Professional Services Firm RealFoundations
“Joining Newmark is a natural next step for our firm,” said Chris Shaida, founder and CEO of RealFoundations. Continue Reading Newmark Group Acquires Real Estate Professional Services Firm RealFoundations
LivAway Suites Opens Third Utah Property
“Utah County is one of the most dynamic growth markets in the country,” said Kevin Dailey, chief operating officer of LivAway Suites. Continue Reading LivAway Suites Opens Third Utah Property
