Weekly mortgage demand from homebuyers is flattening as interest rates rise

Weekly mortgage demand from homebuyers is flattening as interest rates rise

Thianchai Sitthikongsak | Moment | Getty Images Mortgage demand is struggling to contend with what appears to be another upswing in interest rates. Homebuyers in particular are pulling back. Total mortgage application... Read more »
70 Public Housing Employees Charged With Bribery In New York

70 Public Housing Employees Charged With Bribery In New York

The charges amount to the largest number of federal bribery charges ever filed on a single day, according to the Department of Justice. Mark your calendars for the ultimate real estate experiences... Read more »
Medical Building Portfolio Trades for M

Medical Building Portfolio Trades for $86M

JLL has arranged the $86 million sale of a collection of four mission-critical medical properties totaling over 181,000 square feet located in the Chicago, Illinois, area as well as Arizona and Florida.... Read more »
Medical Building Portfolio Trades for M

Bolour Secures Entitlements for West LA Apartments

Privately-owned real estate investment, development and finance company Bolour Associates Inc. has secured the entitlements to build a new five-story, for-rent residential apartment building in West Los Angeles. The building will sit at 2424 S.... Read more »
Medical Building Portfolio Trades for M

Kirk Helgeson Named President at American Realty Advisors

Kirk Helgeson has been named president of American Realty Advisors, succeeding Scott Darling. Helgeson will continue to serve as the firm’s CIO, chairman of its investment committee and leader of the firm’s... Read more »
Assumable mortgages grow in  popularity, but hurdles remain

Assumable mortgages grow in  popularity, but hurdles remain

The elevated interest rate environment has brought an old product, the assumable mortgage, back into fashion. But a landscape of strict regulations, product limitations and operational inefficiencies hamper its widespread adoption. Assumable... Read more »
Assumable mortgages grow in  popularity, but hurdles remain

Pretium Partners raises $1 billion to acquire BTR homes: Bloomberg

Real estate investment management firm Pretium Partners has raised nearly $1 billion for a new fund dedicated to acquiring built-to-rent (BTR) homes, Bloomberg reported on Tuesday. The company led by former Goldman... Read more »
Assumable mortgages grow in  popularity, but hurdles remain

Rocket Homes Real Estate search app is available for buyers on Apple Vision Pro

Rocket Homes Real Estate rolled out its new app on Apple Vision Pro, Apple’s new virtual reality and mixed-reality headset. It will allow users to view and tour properties by blending their... Read more »
Assumable mortgages grow in  popularity, but hurdles remain

Insellerate unveils a new user interface

Insellerate, a customer relationship management (CRM) provider that serves banks, credit unions and other lenders, has rehauled its user interface (UI) to make it more user-friendly and efficient. To redesign the interface,... Read more »
Assumable mortgages grow in  popularity, but hurdles remain

Opteon’s Short-Term Rental Analysis provides a more accurate report for short-term rentals

There has been much back and forth in the industry about reporting for short-term rentals — who should complete the report and what form should be used? Previously, the only way to... Read more »