Real Estate News & Insights
Senate Banking Committee Approves Kevin Warsh’s Nomination for Federal Reserve Chairman
Warsh’s nomination will now go to a confirmation vote before the Republican-controlled Senate. Continue Reading Senate Banking Committee Approves Kevin Warsh’s Nomination for Federal Reserve Chairman
Mortgage Application Activity Dips by 1.6%
The FHA share of total applications decreased to 17.2% from 18.2%. Continue Reading Mortgage Application Activity Dips by 1.6%
Report: Land Prices Soared 77% Since the Pandemic
Raw land has appreciated the most of any development category, up 86.5% since the first quarter of 2019. Continue Reading Report: Land Prices Soared 77% Since the Pandemic
PennyMac Unveils Special Mortgage Program for Team USA Olympic Athletes
PennyMac Financial Services Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT), the Official Mortgage Provider of Team USA and the 2028 Los Angeles Olympic and Paralympic Games, had unveiled the “Welcome Home: Athlete Mortgage Program,” an initiative...
Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium
“Should this commitment ultimately not be achievable, we would have no choice but to evaluate alternatives,” said Rays CEO Ken Babby. Continue Reading Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium
Rosehaven Homes Debuts Extended Deposit Program for Buyers at Ontario Condo Development
Construction is scheduled to begin in the late autumn, with occupancy slated for early 2030. Continue Reading Rosehaven Homes Debuts Extended Deposit Program for Buyers at Ontario Condo Development
Southern Impression Homes Completes First Phase of 213-Unit Dallas-Area BTR Community
Southern Impression Homes is a subsidiary of Japan’s Sumitomo Forestry, which acquired an 80% interest in the company in 2023. Continue Reading Southern Impression Homes Completes First Phase of 213-Unit Dallas-Area BTR Community
Model Nadia Ferreira Named Brand Ambassador for HQ Residences Miami
“I was immediately drawn to HQ Residences because it represents a vision of luxury that feels personal and welcoming,” said Ferreira in a statement. Continue Reading Model Nadia Ferreira Named Brand Ambassador for HQ Residences Miami
Maryland’s Real Property Search System Taken Offline Amid Cybersecurity Concerns
Maryland’s Real Property Search system has been taken offline following reports of suspicious activity on state servers. Continue Reading Maryland’s Real Property Search System Taken Offline Amid Cybersecurity Concerns
More White-Collar Jobs in Construction Industry Than Trades Work
“The changing workforce composition also coincides with declining self-employment rates in construction, suggesting a shift toward larger firms,” said NAHB’s Natalia Siniavskaia. Continue Reading More White-Collar Jobs in Construction Industry Than Trades Work
Cole West Closes on 38 Homesites for New Utah Community
Development is slated to begin this summer, with home sales commencing early next year with prices expected to start in the $700,000s. Continue Reading Cole West Closes on 38 Homesites for New Utah Community
Blue Owl Capital Acquires Sila Realty Trust for $2.4 Billion
“I am extremely proud of the company that we have built at Sila Realty Trust,” stated Michael A. Seton, the company’s president and CEO. Continue Reading Blue Owl Capital Acquires Sila Realty Trust for $2.4 Billion
