Real Estate News & Insights
MBA Chief Calls for Federal Probe into Price Hikes on Credit Reporting Products
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...
Investor James Fishback Announces Bid for Governor of Florida with Pledge to End Property Taxes
Rep. Byron Donalds has been endorsed for the GOP nomination by Trump. Continue Reading Investor James Fishback Announces Bid for Governor of Florida with Pledge to End Property Taxes
Disney Cancels $1 Billion Real Estate Project in Florida
The planned Orlando-area project would have relocated more than 2,000 Disney jobs from California to Florida. Continue Reading Disney Cancels $1 Billion Real Estate Project in Florida
Market Spotlight: Parking Space Debate Reshapes Detroit’s Real Estate Scene
“Every acre of land dedicated to parking is an acre that can’t be used for jobs, housing, businesses or parks,” said the advocacy group Parking Reform Network. Continue Reading Market Spotlight: Parking Space Debate Reshapes Detroit’s Real Estate Scene
Freddie Mac: Another Mortgage Rate Uptick
“Homebuyers are getting used to current rates and continue to pursue homeownership,” said Freddie Mac’s Sam Khater. Continue Reading Freddie Mac: Another Mortgage Rate Uptick
Unenchanted April: Existing Home Sales Down Last Month
The median existing-home price for all housing types in April was $388,800. Continue Reading Unenchanted April: Existing Home Sales Down Last Month
US Rental Market Growth Slows to Near-Stagnation
This was the slowest growth rate since the beginning of the pandemic. Continue Reading US Rental Market Growth Slows to Near-Stagnation
Florida Home Sales Down 17.2% in April
Existing condo-townhouse sales totaled 10,040, a 26.8% slide from April 2022. Continue Reading Florida Home Sales Down 17.2% in April
Sam Zell, Prominent Commercial Real Estate Executive, Dies at 81
As of February, Zell had an estimated net worth of $5.3 billion, according to Forbes. Continue Reading Sam Zell, Prominent Commercial Real Estate Executive, Dies at 81
Guest Opinion: The Realtors’ View of the Current Mortgage Market
The 2023 NAR president offers his association’s view on how Congress can upgrade today’s mortgage policy environment. Continue Reading Guest Opinion: The Realtors’ View of the Current Mortgage Market
Something Fishy is Going On: SeaWorld Owes San Diego $12M in Unpaid Rent
“SeaWorld’s greed and arrogance are offensive, and the city will hold it accountable,” said City Attorney Mara W. Elliott. Continue Reading Something Fishy is Going On: SeaWorld Owes San Diego $12M in Unpaid Rent
Fewer Mortgage Applications Amid Rising Rates
The Refinance Index took an 8% tumble from the previous week and was 43% lower than the same week one year ago. Continue Reading Fewer Mortgage Applications Amid Rising Rates
