Rithm Capital completes acquisition of Sculptor

Rithm Capital completes acquisition of Sculptor

New York-based Rithm Capital, the parent company of Newrez, announced on Friday it completed the acquisition of Sculptor Capital Management for $719.8 million.  The deal was made public four months ago and created a dispute among investors... Read more »
CBC Mortgage Agency cuts rates on down payment assistance second mortgages

CBC Mortgage Agency cuts rates on down payment assistance second mortgages

CBC Mortgage Agency — a federally chartered housing finance agency — is reducing interest rates on repayable second mortgages used for its down payment assistance (DPA) program. This marks the first time... Read more »
Movement sues Summit, former veteran sales executives for poaching

Movement sues Summit, former veteran sales executives for poaching

A spokesperson for Movement said the company had no comment. L. Scott Bruggemann, senior vice president and general counsel at Summit, said the company continues to compete for talented individuals “fairly” and... Read more »
The homebuilders’ war for market share fueling the economy

The homebuilders’ war for market share fueling the economy

When market players say housing leads us into a recession, it traditionally means theFederal Reserve raised rates too much, housing slowed down as a result and a job-loss recession isn’t too far... Read more »
Kansas City Housing Market: Prices, Trends, Forecast 2023

Kansas City Housing Market: Prices, Trends, Forecast 2023

The Kansas City housing market is hot and in many ways the envy of housing pundits on both coasts. This dynamic market spans both Missouri and Kansas and is characterized by rising... Read more »
Pending-home sales rise to highest level in a year in October: Redfin

Pending-home sales rise to highest level in a year in October: Redfin

U.S. pending-home sales rose 1% month over month in October to a seasonally adjusted annual rate of 401,000, the highest level in a year. Although pending sales fell 4.8% compared to October... Read more »
21 Best Places to Invest in Real Estate in 2023

21 Best Places to Invest in Real Estate in 2023

Best Places To Invest In Real Estate or Buy a Rental Property In this article, we will discuss some of the best places to invest in real estate in 2023. Despite the... Read more »
Nosalek plaintiffs cite Allan Dalton video in opposition to summary judgment

Nosalek plaintiffs cite Allan Dalton video in opposition to summary judgment

Nearly four months after filing a motion for summary judgment in the Nosalek commission lawsuit, HomeServices of America finally has a response back from the plaintiffs. As expected, the plaintiffs are in... Read more »
Back-Of-The-Envelope Calculation for Real Estate

Back-Of-The-Envelope Calculation for Real Estate

Sabrina Chong Sabrina Chong is an experienced real estate professional currently working at the Moinian Group. She earned her bachelor’s degree from Cornell Hotel School and completed her master’s in Real Estate... Read more »
Pittsburgh Housing Market: Prices, Trends, Forecast 2023

Pittsburgh Housing Market: Prices, Trends, Forecast 2023

Pittsburgh is a thriving city located in western Pennsylvania with a population of over 300,000 people. The city has a rich history and culture, with a booming economy that attracts people from... Read more »