U.S. Housing Market
Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
“This is a watershed moment for the appraisal industry,” said Jake Lew, CEO of Aivre. Continue Reading Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts
Sections of Brooklyn, Queens, and Staten Island turned into “no-go zones” for multifamily affordable housing. Continue Reading Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts
Bette Davis’ Maine Estate Listed for $15 Million
The property last changed hands in 2016 for $3.75 million. Continue Reading Bette Davis’ Maine Estate Listed for $15 Million
Report: Nearly 15% of Home Sale Agreements Canceled in June
acksonville, Florida, led the nation with more than one in five (21.4%) home purchase agreements getting canceled in June. Continue Reading Report: Nearly 15% of Home Sale Agreements Canceled in June
Developer to Accept Cryptocurrency Purchases in Florida Community
“We believe that the future of real estate involves both sustainability and innovation,” said Marshall Gobuty, founder and CEO of Pearl Homes. Continue Reading Developer to Accept Cryptocurrency Purchases in Florida Community
Sales Launch at NYC’s Giorgio Armani Residences
This is the first residential offering in Manhattan where Armani personally guided the interior design. Continue Reading Sales Launch at NYC’s Giorgio Armani Residences
WNC Raises $350 Million in Institutional LIHTC Equity
The equity will fund 2,100 residential units in 14 states. Continue Reading WNC Raises $350 Million in Institutional LIHTC Equity
Redfin Exits from National Association of Realtors
CEO Glenn Kelman said, “We love our industry. We’ve tried to love NAR. But enough is enough.” Continue Reading Redfin Exits from National Association of Realtors
Dave Portnoy Sets Massachusetts Real Estate Record with $42 Million Property Purchase
“Nantucket has always been my favorite place on earth,” said the Barstool Sports founder. Continue Reading Dave Portnoy Sets Massachusetts Real Estate Record with $42 Million Property Purchase
Hits and Misses for the Real Estate Week of Sept. 25-29
A cost-saving residential project in the wrong neighborhood, a retailer’s exit from high-crime cities and an old train caboose marketed as a home. Continue Reading Hits and Misses for the Real Estate Week of Sept. 25-29
Florida is Home to 7 of the 10 Most Overvalued Housing Markets
The Cape Coral metro is the most overvalued housing market, with buyers paying a 47.99% premium on the typical home. Continue Reading Florida is Home to 7 of the 10 Most Overvalued Housing Markets
Sunstone Two Tree to Build Three BTR Communities in Phoenix Metro Area
Sunstone Two Tree now has nine BTR communities totaling close to 1,500 units in various stages of development in Arizona. Continue Reading Sunstone Two Tree to Build Three BTR Communities in Phoenix Metro Area
Mortgage Rates at Highest Peak in Almost 23 Years
The 30-year fixed-rate mortgage averaged 7.31% as of Sept. 28, up from last week when it averaged 7.19%. Continue Reading Mortgage Rates at Highest Peak in Almost 23 Years
Three Frank Lloyd Wright Homes Now Listed for Sale
Two homes are being sold together in Michigan and the third is in Milwaukee. Continue Reading Three Frank Lloyd Wright Homes Now Listed for Sale
San Francisco Building Inspector Investigating ‘Sleeping Pods’ Start-Up
Brownstone Shared Housing has similar properties in the California cities Palo Alto, San Jose and Bakersfield. Continue Reading San Francisco Building Inspector Investigating ‘Sleeping Pods’ Start-Up
