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New Jersey Home Sales Slump While Prices Keep Rising
The median sale price on a single-family home increased by 4.4% to $590,000. Continue Reading New Jersey Home Sales Slump While Prices Keep Rising
$15 Million Allocated for Virginia Workforce Housing Investment Program
The new funding will be used to support middle-income housing development in 14 localities. Continue Reading $15 Million Allocated for Virginia Workforce Housing Investment Program
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Canadian Rental Housing Vacancy Rate at 3.1%
Toronto’s purpose-built apartment vacancy rate hit 3% for the first time since the pandemic. Continue Reading Canadian Rental Housing Vacancy Rate at 3.1%
Flournoy Development Group to Launch Apartment-Townhome Community in Georgia
A new thoroughfare is planned to run directly from the community into downtown Villa Rica. Continue Reading Flournoy Development Group to Launch Apartment-Townhome Community in Georgia
MBA Chief Supports Trump Executive Order on AI
“Technology does not stop at a state border,” said MBA’s Bob Broeksmit. Continue Reading MBA Chief Supports Trump Executive Order on AI
Judge Rules Work Can Resume on Trump-Blocked New England Offshore Wind Project
The judge ruled the developers behind the project, were “likely to suffer irreparable harm in the absence of an injunction.” Continue Reading Judge Rules Work Can Resume on Trump-Blocked New England Offshore Wind Project
New Pilot Program Aimed at Expanding Homeownership in Detroit
The mortgage product will provide qualified borrowers with up to 40% of a home’s purchase price in down payment assistance without adding any monthly debt. Continue Reading New Pilot Program Aimed at Expanding Homeownership in Detroit
Tony Sertich Named Executive Director at the California Housing Finance Agency
Sertich was most recently the assistant deputy director at the Division of State Financial Assistance at the California Department of Housing and Community Development. Continue Reading Tony Sertich Named Executive Director at the California Housing Finance Agency
A Phil Hall Op-Ed: The Smearing of Erik Siebert
The Interim US Attorney was slandered by President Trump after concluding the mortgage fraud case against Letitia James would not stand up in court. Continue Reading A Phil Hall Op-Ed: The Smearing of Erik Siebert
California Home Sales Edged Up During August
The statewide median home price hit $899,140 in August, up by 1.7% from the prior month and up 1.2% from one year before. Continue Reading California Home Sales Edged Up During August
Pennsylvania Home Sales Hold Steady
The median home sales price rose 6.4% to $319,250 in August, up from $300,000 one year earlier. Continue Reading Pennsylvania Home Sales Hold Steady
Matthew Abrusci Named EVP and General Counsel at Freddie Mac
He was previously general counsel at Mitsubishi UFJ Financial Group (MUFG) Americas. Continue Reading Matthew Abrusci Named EVP and General Counsel at Freddie Mac
Housing Supply Drops to 2-Year Low
Redfin attributed the decline to sellers responding to sluggish homebuyer activity, with sales far below pre-pandemic levels. Continue Reading Housing Supply Drops to 2-Year Low
Compass Acquires Anywhere Real Estate for $1.6 Billion in All-Stock Transaction
This transaction will bring together approximately 340,000 real estate professionals globally onto a shared network operating in every major US city and approximately 120 countries and territories. Continue Reading Compass Acquires Anywhere Real Estate for $1.6 Billion in All-Stock Transaction
Peachtree Group Recruits Billy Gilchrist as SVP of Originations
In his new role, Gilchrist will be responsible for originating commercial real estate and hotel investments across Peachtree’s lending platform. Continue Reading Peachtree Group Recruits Billy Gilchrist as SVP of Originations
