Despite a slowdown in the number of homes that have been newly listed for sale over the past month, the net number of homes on the market in San Francisco, a.k.a “inventory,” has increased by double digits as the pace of sales has declined even more. As such, there are now 30 percent more homes […more]
I’d say it’s been around 10 months since Chicago’s foreclosure activity started to make a comeback but so far it’s no worse than it was just before the pandemic hit. I’m looking at the ATTOM May Foreclosure Market Report released a couple of weeks ago. At the national level foreclosure activity was only up 1% […more]
This article was first published on NerdWallet.com. Adjustable-rate mortgages suffered a tarnished reputation after the 2008 financial crisis. They faded away and lurked on the fringes of the mortgage market for years. But as home buyers grapple today with skyrocketing prices and interest rates, ARMs are making a comeback. And that’s totally not a bad […more]
Demolition is progressing at 570 Fifth Avenue, the site of a potential supertall skyscraper in Midtown, Manhattan. Developed by Extell, the tower could reach an architectural height of 1,100 feet tall with 78 stories in a 1,462,174-square-foot mixed-use hotel and residential scheme. As an office tower, the building would stand 860 feet tall with 47 stories […more]
You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in […more]
Excavation has begun at 311 Bergen Street, the site of a new residential project in Boerum Hill, Brooklyn. Designed by Avdoo Partners & Development and developed by Bergen Owner, LLC, work is proceeding on an assemblage of four plots at 336, 338, 340, and 341 Bergen Street, which were sold by R.A.L. Realty and Morlef Realty […more]
Construction has officially kicked off at 72 Eagle Rock Avenue, the site of a 265-unit rental complex in East Hanover, New Jersey. Developed by Kushner, the property will replace a vacant office building where initial demolition is also underway.
Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. Click n’ Close will retain retail operations related to its reverse mortgage and lending business for Native Americans, the company said Monday. The lender will also focus […more]
Permits have been filed for a 14-story mixed-use building with affordable housing at 1111 Fox Street in Crotona Park East, The Bronx. Located between East 167th and East 169th Streets, the lot is near the Freeman Street subway station, serviced by the 2 and 5 trains. Dan Rad of Radson Development is listed as the […more]
If you’ve lived in Dallas for some time, then you know that there are a handful of homes you will immediately recognize. See More…