Monthly Archives: March 2022

RealTrends 500: Keller Williams and RE/MAX offices tops in percentage transaction sides

Mar 29, 2022 |

Keller Williams and RE/MAX lead the list of the top 50 one-year movers by percentage transaction sides, with Keller Williams — Cunningham Group, based in Santa Monica, California, seeing a 136% increase in sides between 2020 and 2021. Data for the 2022 RealTrends 500 rankings is based on 2021 sales. Top movers is a ranking […more]

HMDA: The top 10 FHA lenders by volume in 2021

Mar 29, 2022 |

Origination volume for FHA-insured loans increased by 3% in 2021, growing from $324 billion in 2020 to $332.24 billion, an analysis of Home Mortgage Disclosure Act (HMDA) data by Polygon Research application HMDAVision found. Of the origination volume, retail lenders originated $276.4 billion worth of FHA loans, while wholesale lenders originated $57.64 billion. The top […more]

Le Meridien Hotel Completes Construction at 292 Fifth Avenue in NoMad, Manhattan

Mar 29, 2022 |

Construction is complete on Le Meridien Hotel, a 21-story mixed-use tower at 292 Fifth Avenue in NoMad. Designed by Gene Kaufman Architect and developed by the McSam Hotel Group, which purchased the property for $42.4 million in March 2017, the structure yields 187 hotel rooms and an unspecified number of residential units on the upper levels. The development […more]

Thessalonica Court Achieves Sustainability Milestone at 350 Saint Anns Avenue in Mott Haven, The Bronx

Mar 29, 2022 |

Thessalonica Court in Mott Haven, The Bronx has become the nation’s first affordable housing property to achieve both Enterprise Green Communities and the WELL Building Standard certifications. Working in collaboration, Enterprise and The International WELL Building Institute (IWBI) debuted the joint certification program for affordable buildings in 2019 to encourage developers to build healthier buildings for […more]

Own a Piece of Chicago History in this 1869 Cottage: 2121 N. Hudson in Lincoln Park

Mar 29, 2022 |

This 4-bedroom Italianate cottage at 2121 N. Hudson in East Lincoln Park came on the market in March 2022. Built in 1869 by WW Boyington, who was the architect of the Water Tower, according to the listing, it is one of only 3 north side houses that survived the Chicago Fire. Built on a larger […more]

Permits Filed for 1 Putnam Avenue in Clinton Hill, Brooklyn

Mar 29, 2022 |

Permits have been filed for an eight-story mixed-use building at 1 Putnam Avenue in Clinton Hill, Brooklyn. Bordered by Cambridge Place and Putnam Square, the lot is within walking distance of the Clinton-Washington Avenues subway station, serviced by the C train. Abe Betesh of Abeco Organization is listed as the owner behind the applications.

The Best Room in Your Home? It Could Be the Laundry Room.

Mar 29, 2022 |

Don’t laugh: These days, a laundry room isn’t something to hide — it’s a place to show off. Here’s how to make yours shine.

Here are the top 10 mortgage lenders in 2021

Mar 29, 2022 |

Home Mortgage Disclosure Act (HMDA) data, released Thursday by the Consumer Financial Protection Bureau, showed a reshuffle in the top 10 lenders by volume for 2021. According to an analysis of the HMDA data by Polygon Research application HMDAVision, the top 10 lenders by volume are: Rocket Mortgage United Wholesale Mortgage Wells Fargo LoanDepot JPMorgan Chase New […more]

Pennymac to lay off 236 employees

Mar 29, 2022 |

California-based Pennymac Financial Services will lay off more than two hundred employees in the coming months, according to notices sent to the state’s Employment Development Department on March 7.   Pink slips will arrive for 236 employees at six different offices in five California cities, with the expected date of separation on May 6, the Worker […more]

Single buyer snaps up entire Pacific Grove block of 15 historic homes

Mar 29, 2022 |

The entire block was purchased for $10 million by a single buyer.