Real Estate News & Insights
Virginia Home Sales Jumped by 3.1% in October
The statewide median sales price was $430,000, a $15,000 or 3.6% increase from October 2024. Continue Reading Virginia Home Sales Jumped by 3.1% in October
Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Prices at Brunson Station will start from the low $300,000s for townhomes and the mid $300,000s for single-family homes. Continue Reading Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
A Phil Hall Op-Ed: Stop Trying to Pump Up the Homeownership Rate
In 2002, then-President George W. Bush took it upon himself to expand the number of Black and Hispanic homeowners by 5.5 million families by the end of the decade. Continue Reading A Phil Hall Op-Ed: Stop Trying to Pump Up the Homeownership Rate
Charlie Munger Warns Banks: ‘A Lot of Real Estate Isn’t So Good Anymore’
“It’s not nearly as bad as it was in 2008,” he said. Continue Reading Charlie Munger Warns Banks: ‘A Lot of Real Estate Isn’t So Good Anymore’
Study: One-Third of Office Space in 14 North American Cities Could Be Made Into Housing
Avison Young insisted “the rewards could be endless” from office-to-residential conversions. Continue Reading Study: One-Third of Office Space in 14 North American Cities Could Be Made Into Housing
Vessel Technologies Brings Franchising to Multifamily Housing Sector
Prior experience in apartment building management is not required for franchisees. Continue Reading Vessel Technologies Brings Franchising to Multifamily Housing Sector
New UK Blockchain Platform for Investing in African Real Estate
Firmseed is providing a blockchain-based environment for fractional real estate investing. Continue Reading New UK Blockchain Platform for Investing in African Real Estate
Go Mortgage Names Jessica Manna as Chief Marketing Officer
She most recently served as president of digital strategy and innovation for Fairway Independent Mortgage Corp. Continue Reading Go Mortgage Names Jessica Manna as Chief Marketing Officer
First Republic Bank Seized by Regulators, Sold to JPMorgan Chase
All of First Republic’s 84 offices in eight states will reopen today and its depositors will become customers of JPMorgan Chase Bank, Continue Reading First Republic Bank Seized by Regulators, Sold to JPMorgan Chase
Market Snapshot: The Media and the Mortgage Fees
FHFA Director Thompson never mentioned Biden’s name in explaining the fee structure. Continue Reading Market Snapshot: The Media and the Mortgage Fees
David H. Stevens: Mortgage Fee Changes Politicized ‘Across the Conservative Media’
One of the most prominent thought leaders in the mortgage banking industry is complaining that politics is framing the narrative surrounding the changes in the Loan Level Price Adjustments (LLPAs) upfront fees for loans backed by Fannie Mae and Freddie Mac that will...
Report: Average Monthly Mortgage Payment is $2,317
Average mortgage payments are most expensive in Hawaii ($3,696), California ($3,399) and Massachusetts ($3,201). Continue Reading Report: Average Monthly Mortgage Payment is $2,317
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