Real Estate News & Insights
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Newsom did not publicly comment on the lawsuit. Continue Reading Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Tri Pointe Homes Expands Into Utah Market
Tri Pointe Homes cited Utah’s population and job growth as being a key factor in coming to the state. Continue Reading Tri Pointe Homes Expands Into Utah Market
Housing Starts Down in August
Single‐family authorizations in August were at a rate of 949,000, a 2% uptick from the revised July figure of 930,000. Continue Reading Housing Starts Down in August
CrossCountry Mortgage Now Offering Spanish-Language Loan Application
“Our support for the Hispanic community extends well past translated materials,” says Eric Wilson, chief marketing officer. Continue Reading CrossCountry Mortgage Now Offering Spanish-Language Loan Application
Net-Trade.com, A New MLS Dedicated to Net Leases, Goes Live
The site already has approximately 1,200 of the net lease listings currently on the market and 350 under contract or sold. Continue Reading Net-Trade.com, A New MLS Dedicated to Net Leases, Goes Live
John Picchiotti Joins Dermody Properties as an SVP
He was previously managing director and Chicago industrial brokerage lead for JLL. Continue Reading John Picchiotti Joins Dermody Properties as an SVP
Mortgage Machine Services launches loan origination system
The LOS also provides all-in-one eClosing functionality, including an eClose room, eNotes, eVault and remote online notarization. Continue Reading Mortgage Machine Services launches loan origination system
Land Gorilla debuts online guide for state construction regulatory requirements
The Compliance Library debuted with compliance resources in 16 states. Continue Reading Land Gorilla debuts online guide for state construction regulatory requirements
RE/MAX in $55 Million Settlement Agreement Over Antitrust Charges
The company added that it would use available cash to pay the settlement amount. Continue Reading RE/MAX in $55 Million Settlement Agreement Over Antitrust Charges
The Metro With the Most Expensive Median Price Per Square Foot Is…
The cities offering the lowest price per square foot are Cleveland ($133), Memphis ($143) and Pittsburgh ($147). Continue Reading The Metro With the Most Expensive Median Price Per Square Foot Is…
James Millon Joins CBRE as President of U.S. Debt and Structured Finance
Millon, who is based in New York City, has originated more than $75 billion in commercial real estate loans. Continue Reading James Millon Joins CBRE as President of U.S. Debt and Structured Finance
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