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Q3 Equity Gains Down by More Than 5%

Q3 Equity Gains Down by More Than 5%

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

US homeowners with mortgages – which account for roughly 62% of all properties – saw home equity increase by $425 billion during the third quarter, an uptick of 2.5% year-over-year, according to new data from CoreLogic. By the end of the third quarter, total net...
The Richman Group Closes Affordable Housing Tax Fund with $171.5 Million in Equity

The Richman Group Closes Affordable Housing Tax Fund with $171.5 Million in Equity

by Phil Hall | Nov 5, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Richman Group Affordable Housing Corporation, a Greenwich, Connecticut-based developer and syndicator of affordable housing, announced that it raised $171.5 million in equity for a multi-investor affordable housing tax credit fund. According to the company, the...
Report: Nearly Half of Mortgaged Homeowners Are Equity-Rich

Report: Nearly Half of Mortgaged Homeowners Are Equity-Rich

by Phil Hall | Oct 24, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half (48.3%) of mortgaged residential properties were considered equity-rich in the third quarter, according to new data report from ATTOM. This is down from the recent peak of 49.2% in the second quarter but also up from 47.4% from one year earlier....
ATTOM: Fewer Residences Were Equity Rich During Q1

ATTOM: Fewer Residences Were Equity Rich During Q1

by Phil Hall | May 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The first quarter ended with 45.8% of mortgaged residential properties considered as equity rich, according to new data from ATTOM. This is down from 46.1% in the fourth quarter of 2023, marking the third straight quarterly decline, and it is also down from 47.2% in...
Capital Square Launches LLC Offering to Fund Single-Family BFR Development Near Phoenix

Capital Square Launches LLC Offering to Fund Single-Family BFR Development Near Phoenix

by Phil Hall | Aug 2, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Capital Square, a sponsor of tax-advantaged real estate investments and developer of housing communities, has launched Capital Square Glendale BFR LLC with the goal of raising approximately $49 million in equity to develop a 320-unit, build-for-rent (BFR)...

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