Real Estate News & Insights
Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
The 600,000-square-foot shopping destination features retailers such as Nordstrom Rack, Dick’s, Marshalls, Ross, Planet Fitness, and Barnes and Noble. Continue Reading Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Nationwide, 8% of homes investors offloaded in the third quarter were sold at a loss, up from 6.5% a year earlier. Continue Reading Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Mortgage Application Activity Takes A Dive
“The ARM share of applications rose slightly to 7%, the highest since April 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Takes A Dive
Single-Family Housing Starts Up 6.7%
Single‐family authorizations in July were at a rate of 930,000, a 0.6% uptick from the revised June figure of 924,000. Continue Reading Single-Family Housing Starts Up 6.7%
Commercial/Multifamily Mortgage Originations Down 53% From Last Year
Decreases in originations for all major property types led to the year-over-year decline. Continue Reading Commercial/Multifamily Mortgage Originations Down 53% From Last Year
Newmark Launches Data Center and Digital Infrastructure Practice Group
Newmark has hired Brent Mayo as executive managing director of the practice group. Continue Reading Newmark Launches Data Center and Digital Infrastructure Practice Group
MetLife Closes New Single-Family Rental Fund With $390 Million
The company is focused on developing and acquiring purpose-built, single-family rentals across the 75 largest U.S. markets. Continue Reading MetLife Closes New Single-Family Rental Fund With $390 Million
Scotiabank Now Offering First Home Savings Account for New Buyers
“We know home affordability is a big issue on the minds of Canadians,” said Scotiabank’s Kingsley Chak. Continue Reading Scotiabank Now Offering First Home Savings Account for New Buyers
Realtors Relief Fund Donates $1.5 Million to Maui Rebuilding
State officials are warning Maui residents of predatory buyers seeking to purchase homes from distressed owners. Continue Reading Realtors Relief Fund Donates $1.5 Million to Maui Rebuilding
Former Greek Orthodox Church Becomes Home for Indianapolis Opera
“Organizers raised over $4 million to make repairs for reuse of the old church,” said the opera company. Continue Reading Former Greek Orthodox Church Becomes Home for Indianapolis Opera
Builder Confidence Evaporates Amid Elevated Mortgage Rates
NAHB Chairman Alicia Huey noted that “demand for new construction continues to be supported by a lack of resale inventory.” Continue Reading Builder Confidence Evaporates Amid Elevated Mortgage Rates
July New Home Purchase Mortgage Applications Up 35.5%
Mortgage applications for new home purchases in July increased by 35.5% year-over-year, according to new data from the Mortgage Bankers Association (MBA). Compared to June, applications inched up by 0.2%. MBA estimated new single-family home sales were running at a...
Recent Posts
Hits and Misses for the Real Estate Week of June 22-26- HUD and VA Announce $33 Million Funding to Support Over 2,500 Homeless Vete…
- National Competition to Restore Long-Vacant Official Residence of Canada…
- NAR: Two-Thirds of All Realtors are Women
- Fugitive Apartment Executive Returned from Israel to Face Fraud Charges in …
