U.S. Housing Market
Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
The community represents nearly 40% of all apartment inventory in Hacienda Heights. Continue Reading Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
Creating a 50-year mortgage with the goal of making housing more affordable is the equivalent of sending shipments of dinnerware into a famine-stricken region. Continue Reading A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
The three-story, Tudor-style 5,300-square-foot residence on a 2.02-acre property was built in 1901. Continue Reading Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
Hits and Misses for the Real Estate Week of Aug. 4-8
An unwelcome package in the mail, another retailer declaring bankruptcy, and an unlikely new officer at a tenants’ right nonprofit. Continue Reading Hits and Misses for the Real Estate Week of Aug. 4-8
Apartment Rent Growth Continues to Slow
July marked the sixth straight month of flat or negative monthly growth. Continue Reading Apartment Rent Growth Continues to Slow
Ground Breaking on New DC-Area Apartment Complex
The first units are projected to deliver in the fourth quarter of 2025, with final completion in early 2026. Continue Reading Ground Breaking on New DC-Area Apartment Complex
Q3 Mortgage Originations Down 3% From Previous Quarter
On a year-over-year basis, originations were down by 26% from the third quarter of 2022. Continue Reading Q3 Mortgage Originations Down 3% From Previous Quarter
Pending Home Sales at Historic Low Level
“Home sales are rising in places where more inventory is available,” said NAR’s Lawrence Yun. Continue Reading Pending Home Sales at Historic Low Level
New Documentary Series ‘L.O. Confidential’ Focuses on Mortgage Originators
The Fairway Independent Mortgage Corp. production is now on YouTube. Continue Reading New Documentary Series ‘L.O. Confidential’ Focuses on Mortgage Originators
BMO Expands Welcome Home Grant Program to California
“The Welcome Home Grant program removes barriers to homeownership for low- to moderate-income and minority communities,” said BMO Vice Chairman Eric Smith. Continue Reading BMO Expands Welcome Home Grant Program to California
JZZ Technologies Closes Acquisition of Oxygen Mortgage
“I couldn’t be any more excited about joining with JZZ Technologies,” said Oxygen Mortgage President and CEO Rob Egeland. Continue Reading JZZ Technologies Closes Acquisition of Oxygen Mortgage
Team Led by ‘Bachelor’ Star and Ex-Cop Joins The Real Brokerage
Jason Mesnick starred on the thirteenth season of the ABC series “The Bachelor.” Continue Reading Team Led by ‘Bachelor’ Star and Ex-Cop Joins The Real Brokerage
Will 2024 Be the Year of Affordable Homeownership?
Realtor.com is forecasting average mortgage rates of 6.8% in 2024, with rates edging down over the year to reach 6.5% by the end of the year. Continue Reading Will 2024 Be the Year of Affordable Homeownership?
Mortgage Application Activity Rises Slightly
The seasonally adjusted Purchase Index was up 5% from one week earlier, but the unadjusted index dropped by 31%, Continue Reading Mortgage Application Activity Rises Slightly
FHFA Increases Conforming Loan Limits Values for 2024
Special statutory provisions establish different loan limits for Alaska, Hawaii, Guam, and the U.S. Virgin Islands. Continue Reading FHFA Increases Conforming Loan Limits Values for 2024
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