U.S. Housing Market
Foreclosure Starts Surged by 14% Year-Over-Year
One in every 3,701 housing units had a foreclosure filing in February. Continue Reading Foreclosure Starts Surged by 14% Year-Over-Year
Eagle Partners Acquires 551-Unit Portfolio of 55+ Apartments for $162.5 Million
Eagle Partners plans to launch a long-term affordable preservation strategy for the properties. Continue Reading Eagle Partners Acquires 551-Unit Portfolio of 55+ Apartments for $162.5 Million
WWE’s Former HQ Approved for Conversion into Apartment Complex
The four-story building, nicknamed “Titan Towers,” was constructed in 1981 on a parcel just off I-95. Continue Reading WWE’s Former HQ Approved for Conversion into Apartment Complex
Ground Broken on 365-Unit Multifamily Community in Aurora, Colorado
The project encompasses a quartet of four-story buildings featuring a mix of one-, two- and three-bedroom apartment layouts. Continue Reading Ground Broken on 365-Unit Multifamily Community in Aurora, Colorado
Mortgage Application Activity Down by Nearly 4%
The FHA share of total applications decreased to 19.5% from 20.2% the week prior. Continue Reading Mortgage Application Activity Down by Nearly 4%
Poland Leads the World for Miami Property Searches
Most out-of-state searches originated in Georgia. Continue Reading Poland Leads the World for Miami Property Searches
Person of the Week: James Glasgow, Chief Investment Officer at Castle Lanterra
“There are constraints today, but I think should be a bit more optimistic about the next 12 to 24 months,” said Glasgow. Continue Reading Person of the Week: James Glasgow, Chief Investment Officer at Castle Lanterra
RE/MAX: Home Sales Soar 17%
RE/MAX reported homes took an average of 44 days to sell in February. Continue Reading RE/MAX: Home Sales Soar 17%
FHA Raises Loan Limits for Manufactured Homes
The FHA said it will recalculate the program’s loan limits on an annual basis to keep pace with changing home prices. Continue Reading FHA Raises Loan Limits for Manufactured Homes
Single-Family Housing Starts Jump by 11.6%
Single‐family housing completions in February were at a rate of 1.07 million, a 20.2% spike from the revised January rate of 892,000. Continue Reading Single-Family Housing Starts Jump by 11.6%
A Phil Hall Op-Ed: X Marks the NAR Settlement Spot
A diverse range of opinions can be found on the site formerly known as Twitter. Continue Reading A Phil Hall Op-Ed: X Marks the NAR Settlement Spot
Builder Confidence at Highest Level in Eight Months
“We expect more consumers to jump off the sidelines and into the marketplace if mortgage rates continue to fall later this year,” said NAHB Chairman Carl Harris. Continue Reading Builder Confidence at Highest Level in Eight Months
Billionaire Investor Marc Andreesen Lists Mansion for $33.3 Million
Andreesen and his wife acquired the 1.54-acre property in 2007 for $16.6 million. Continue Reading Billionaire Investor Marc Andreesen Lists Mansion for $33.3 Million
IMBs Recorded Net Production Losses in Q4 2023
“The fourth quarter of 2023 was about as challenging as it could get for mortgage lenders to generate a production profit,” said MBA’s Marina Walsh. Continue Reading IMBs Recorded Net Production Losses in Q4 2023
Hits and Misses for the Real Estate Week of March 11-15
An unexpected settlement, an unexpected resignation and the unexpected closing of 1,000 stores top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of March 11-15
