Marcus & Millichap Capital Corporation (MMCC) arranged $11,200,000 for the refinancing of a JoAnn Fabrics and Crafts store located at 1000 S. Central Ave. in Glendale. Terms of the 10-year loan include a... Read more »
Weekly housing inventory data Active inventory still needs to be faster for my taste. My model has active inventory growing at least 11,000-17,000 every week with higher rates. This model was based... Read more »
A three-judge panel for the U.S. Circuit Court of Appeals in D.C., has ruled that the Department of Justice can reopen its investigation into the National Association of Realtors. In an opinion... Read more »
Rep. Scott Fitzgerald (R-Wis.) has introduced a bill to the U.S. House of Representatives that would codify the “tri-merge” credit model into law, a rebuke to the Federal Housing Finance Agency (FHFA)’s... Read more »
Since the spring of last year, a typical family with a median income has not been able to afford a median-priced home, according to the National Association of Realtors’ (NAR) Housing Affordability... Read more »
In a filing earlier this week, HomeServices of America asked Judge Stephen Bough, who is overseeing the Sitzer/Burnett commission lawsuit, to deny the plaintiffs motion for entry of judgement. In their mid-March... Read more »
Reverse mortgage professionals in Massachusetts will be reliant on their borrowers’ ability to complete their required counseling sessions under the state’s face-to-face mandate following the expiration of a provision temporarily relaxing the... Read more »
Ginnie Mae this week issued a public notice to its issuer partners warning of an observation of higher prepayments in some of its mortgage-backed securities (MBS) programs, reminding issuers that a violation... Read more »
The historic Sportsmen’s Lodge in Studio City could be demolished to make way for a 520-unit residential complex and mixed-used development if the Los Angeles City Council approves the project Wednesday. Proponents... Read more »
The Door is Open Enjoy this exclusive access to virtually tour exceptional homes from around the world listed by members of Who’s Who in Luxury Real Estate. Richmond Hill, ON, Canada Presenting a distinguished... Read more »