Real Estate News & Insights
Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
The university cannot receive public funding for this endeavor unless it specifically requests an appropriation from the state. Continue Reading Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
Beverly Hills Realtor Pleads No Contest to Burglarizing Celebrity Homes
Police said they recovered 2,000 stolen items worth millions of dollars in Ackerman’s home and in a storage unit. Continue Reading Beverly Hills Realtor Pleads No Contest to Burglarizing Celebrity Homes
Indiana Metros Reign in the Latest Emerging Housing Markets Index
The top three metros in the latest index report were in the Hoosier State. Continue Reading Indiana Metros Reign in the Latest Emerging Housing Markets Index
Declines Reported in New Home Sales, Mortgage Application Activity
The purchase index was at “its lowest level in over a month,” said MBA’s Joel Kan. Continue Reading Declines Reported in New Home Sales, Mortgage Application Activity
San Francisco Leads the Nation in Declining Luxury Home Sales
The median sale price of luxury homes in San Francisco plummeted by 12.7% year-over-year to $4.8 million in the second quarter. Continue Reading San Francisco Leads the Nation in Declining Luxury Home Sales
MBA: HELOC Activity Up 50% Since Pandemic Began
The FICO score of the average HELOC borrower dropped to 769 in 2022 from 780 in 2020. Continue Reading MBA: HELOC Activity Up 50% Since Pandemic Began
Guaranteed Rate Debuts Down Payment Assistance Product
OneDown also offers borrowers a $1,000 contribution toward lender fees. Continue Reading Guaranteed Rate Debuts Down Payment Assistance Product
Banc of California Merges with PacWest
Banc of California President and CEO Jared Wolff will retain the same roles at the combined company. Continue Reading Banc of California Merges with PacWest
Bud Abbott’s Final Home Sells for $1.25 Million
The property last changed hands in 1989 for $440,000. Continue Reading Bud Abbott’s Final Home Sells for $1.25 Million
Rocket Mortgage Canada Becomes Mortgage Lender
The company will continue to operate as a mortgage broker. Continue Reading Rocket Mortgage Canada Becomes Mortgage Lender
Realtor.com: Rent Prices Down 1% in June
Rents are 24.1% higher than in pre-pandemic June 2019. Continue Reading Realtor.com: Rent Prices Down 1% in June















