Investor Home Purchases Plummet Amidst Declining Housing Market Dynamics
Investor home purchases have plummeted to pre-pandemic lows amid rising prices, mortgage rates, and fewer attractive flipping opportunities.
Anywhere Brands Focuses on Growth Amid Legal Challenges and Market Evolution
Sue Yannaccone emphasizes a growth-focused strategy for Anywhere Brands in 2025 amid legal challenges, prioritizing agent support and operational efficiency.
CBO Report Highlights Promising Future for Fannie Mae and Freddie Mac
A CBO report reveals a positive outlook for Fannie Mae and Freddie Mac’s recapitalization, suggesting potential savings of $14.7 billion for the Treasury by 2034.
Senate Passes Updated Older Americans Act to Support Seniors and Native Elders
The Senate has advanced an updated Older Americans Act, boosting resources for seniors and enhancing support for Native elders, now headed to the House.
Senate Passes Updated Older Americans Act to Support Aging in Place
The Senate has passed an updated Older Americans Act to boost support for seniors, emphasizing home care, technology access, and funding increases.
CFPB Reports Significant Decline in Mortgage Applications and Rising Costs for Borrowers
The CFPB reports a significant drop in mortgage applications and originations in 2023, with rising costs disproportionately affecting borrowers of color.
Planet Financial Group Raises $475 Million in Successful Unsecured Debt Offering
Planet Financial Group raised $475 million in senior unsecured notes, exceeding expectations and enhancing its financial standing amid a competitive mortgage market.
Texas Broker Sues Over Mandatory MLS Membership Requirements Amid Antitrust Concerns
A Texas broker is suing real estate associations for mandatory MLS membership, claiming antitrust violations and discrimination against minority professionals.
Retired Argentine Athletes Propose $337 Million Mixed-Use Project in Homestead
A group of retired Argentine sports figures is advancing a $337 million mixed-use project in Homestead, facing concerns about its impact on a nearby air base.
City Council Approves Housing Initiative While Modifying Key Provisions and Goals
The City Council backed Mayor Adams’ revised housing plan, promising $5 billion for 80,000 units while modifying key proposals on parking and affordability.
Blackstone Sells Miramar Apartment Complex for $121.3 Million Amid Market Resurgence
Blackstone sells a Miramar apartment complex for $121.3 million to Bell Partners, highlighting a rebound in South Florida’s multifamily real estate market.
Whistleblower Lawsuit Exposes Massive Fraud Allegations Against Pangea Properties
A whistleblower lawsuit accuses Pangea Properties of defrauding the Chicago Housing Authority by overcharging Section 8 tenants, potentially costing taxpayers over $1 million annually.
Apple Expands Midtown South Office Space with New Lease in Penn 11
Apple has expanded its footprint in Midtown South, leasing an additional 61,000 square feet, bringing its total space to 460,000 square feet in the Penn 11 building.
Danny Haber’s Journey: Building Success on Minimal Sleep and Maximum Passion
Pioneering builder Danny Haber thrives on minimal sleep, balancing a hectic schedule of meetings and projects while revolutionizing mass timber construction with oWOW.