REAL ESTATE
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Middle East Buyers Returning To UK Property Market
Property buyers from the Middle East made up 16 percent of all sales to international investors (Getty) The United Kingdom…
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Miami Heat’s Victor Oladipo Buys Miami Beach Home
Victor Oladipo joined the Miami Heat earlier this year. (Getty, iUse Photography) Miami Heat player Victor Oladipo scored a Miami…
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Invader Was Here: The Story Behind One Of Venice’s Most Recognizable Homes
The one-of-a-kind Venice home of Todd Piccus has become a local landmark in the vibrant beach … [+] community. Hilton…
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Homes That Sold for Around $600,000
Each week, our survey of recent residential sales in New York City and the surrounding region focuses on homes that…
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Ex-PDVSA Official Sentenced in $1B Venezuelan Oil Scheme
Abraham Edgardo Ortega is one of nine people charged in the laundering scheme. (Getty, Department of Justice) A former executive…
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Mark Zuckerberg Nearly Doubles Hawaii Real Estate Holdings
Mark Zuckerberg and Priscilla Chan (Getty, iStock) Mark Zuckerberg and Priscilla Chan now own just over two square miles of…
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I’m the Executor of My Mother’s Estate. What Happens if Her Stuff Doesn’t Sell?
Q: I’m the executor of my mother’s estate. The sale of her house and its belongings will be divided evenly…
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Montana Ranch Lists For $136 Million
The Montana property with director Robert Redford and star Brad Pitt. (Getty, Swan Land Company) An 80,000-acre working ranch in…
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What a dismal jobs report means for the housing market – HousingWire
April was supposed to be the month that proved America’s economy had definitively kicked back into full gear. After all,…
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Upper East Side Luxury Listings Hit Market
From left: 944 Fifth Avenue, 67-69 East 93rd Street and 15 East 88th Street (Google Maps) Three notable sellers have…
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Street Vendors Say Related Wants Them Out Of Hudson Yards
Protestors in support of street vendors gather in Hudson Yards on May 7, 2021 (Getty) Restaurants inside the Hudson Yards…
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DIY projects to increase your home value – HousingWire
In the past year, there’s been an upturn in home improvement projects. According to a survey completed by Bid-On-Equipment, 89%…
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6 things you should do after moving into your new home – HousingWire
You’re all moved into your new home – now what? Unfortunately, there’s still work to be done until you can…
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Producer’s Compound In San Miguel De Allende Is A ‘Catch’ At $6.25 Million
Called Casa Tres Cervezas, the custom San Miguel de Allende compound of producer Thom Beers offers a … [+] one-of-a-kind…
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Hamptons Businesses Struggle to Get Workers Back
(Getty) Restaurants and retailers everywhere have been struggling to staff up as Covid risks, increased unemployment benefits and other factors…
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Tighter margins in 1Q21 force Impac to accelerate non-QM ramp up
Impac Mortgage Holdings’ return to the non-qualified mortgage business is getting accelerated because of the competition-driven margin compression for conforming…
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Navigating appraisal challenges in today’s housing market – HousingWire
The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but…
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New York tax officials audit out-of-state filers
Non-New York residents who worked remotely last year will still have to pay New York taxes. (iStock) Tax officials in…
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Home buying sentiment hits all-time low amid supply shortage
The extreme housing supply scarcity kept competition fierce and prices high, souring consumers on the purchase market in April. Fannie…
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Opendoor, Atlanta, and the future of iBuying – HousingWire
After a review of Atlanta area property records, it would appear Kim Klir is the most successful real estate agent…
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U.S. Job Growth Sputters in April; Leisure & Hospitality See Gains
(iStock) A weaker-than-expected month for job gains had one bright spot, and it’s the same sector that has been leading…
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Confusion over CFPB underwriting rule persists
Confusion is building in the mortgage market about conflicting deadlines for loans backed by Fannie Mae and Freddie Mac to…
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Cushman & Wakefield Q1 2021 Earnings
Cushman & Wakefield CEO Brett White (Cushman) Cushman & Wakefield reported a $17.2 million net loss in the first quarter…
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Nonbank mortgage jobs increase as broader employment growth weakens
Jobs at nondepository lenders and brokers are increasing, but at a slower rate than they have over the past several…
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Lakers Star Anthony Davis Buys Bel Air Mansion
Anthony Davis and Stratford Circle mansion, Los Angeles (Getty, Google Maps) Los Angeles Lakers star Anthony Davis bought a recently…
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Regulatory costs add nearly $94K to new home prices – HousingWire
A recent study by the National Association of Home Builders found that regulations imposed by all levels of government on…
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Yang Aims to Raise $900M by Taxing Vacant Lots
Andrew Yang (Getty, iStock) Andrew Yang sees nearly $1 billion in untapped property tax revenue sitting in New York City’s…
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Julian Lennon Discusses Art As A Calling Upon Launch Of Partnership With Aston Martin Residences
Julian Lennon has launched his latest photo exhibit in conjunction with Aston Martin Residences Deborah Anderson “I know how it…
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Donald Trump’s 40 Wall Street Gets Valuation Cut
Donald Trump and 40 Wall Street (iStock, Sterlfilms/Wikimedia) The market values of office towers have plummeted during the pandemic, declines…
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Mortgage Tech Demo Day: ICE Mortgage Technology – HousingWire
if(typeof(jQuery)==”function”){(function($){$.fn.fitVids=function(){}})(jQuery)}; jwplayer(‘jwplayer_6kFPOwro_2RuqXW7O_div’).setup( {“playlist”:”https://content.jwplatform.com/feeds/6kFPOwro.json”,”ph”:2} ); Encompass Investor Connect Encompass Investor Connect is a built-in, no additional cost feature within the Encompass…
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NoMad Hotel Facing Foreclosure
Ron Burkle and Andrew Zobler with The NoMad New York. (Google Maps, Getty) The owners of the NoMad Hotel —…
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Mortgage Tech Demo Day: Nationwide Title Clearing – HousingWire
if(typeof(jQuery)==”function”){(function($){$.fn.fitVids=function(){}})(jQuery)}; jwplayer(‘jwplayer_W96U0tQI_2RuqXW7O_div’).setup( {“playlist”:”https://content.jwplatform.com/feeds/W96U0tQI.json”,”ph”:2} ); PerfectDocs® PerfectDocs®, is the first complete web-based solution that provides both NTC and users a “share…
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April’s Biggest Closing Takes Place at 15 Central Park West
The fully renovated and restored home is 24 feet wide and four stories tall, with 5,616 square feet in the…
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FiDi condo supply highest in the city with buyers yet to return to offices
FiDi condo supply is through the roof as workers delay office return. (Getty) Since Covid rendered walkable commutes a bygone…
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12 arrested in California for alleged mortgage ‘conspiracy ring’
After a multi-year investigation by the Los Angeles Police Department and Federal Housing Finance Agency’s Office of Inspector General, the…
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Fannie Mae: Consumers still wary of housing market – HousingWire
Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to…
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FHFA eyes rules to curb short-term rental risk
The Federal Housing Finance Agency is calling for input on how to better safeguard against potential lending risks associated with…
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Serious buyers only: The 10 priciest new Hamptons listings | The Real Deal
For a mere $175 million, 700 Meadow Lane can be yours. Never has there been a better time to list…
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Moody’s Shows CMBS Risk Caused by Local Law 97
32 Avenue of the Americas, Two Metrotech and 60 Hudson Street. (Rudin Management, Brookfield Properties, 60 Hudson, City of New…
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Council Post: Understanding Real Estate Foreclosures: Costs, Timelines And Steps You Can Take
Cofounder of InstaLend, a non-bank real estate lender providing loans on single-family and multi-family properties for acquisition and rehab. getty With…
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Old Buildings, New Views
While New York City’s skyline is ever changing, some recent construction and additions to historic buildings across the city have…
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Mortgage rates see little movement, but signs point to changes ahead
Average fixed-term mortgage rates stayed under 3% for a third straight week, but an improving jobs outlook and economy may…
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Virtual Brokerage eXp Realty Earns $584M in Q1 2021
eXp CEO Glenn Sanford (eXp, iStock) eXp Realty started 2021 off real strong. Revenue at the virtual brokerage increased 115…
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MFA Financial to buy additional stake in fix-and-flip lender Lima One
Real estate investment trust MFA Financial on Thursday announced that it plans to acquire an additional stake in residential business…
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The odds are stacked against homebuyers with lower credit – HousingWire
It’s no surprise that borrowers’ credit scores are a vital component to homeownership. That three-digit number determines a person’s financial…
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The past, present and future of real estate commissions – HousingWire
The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire Senior Real Estate Reporter Matthew Blake answered questions…
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Chelsea Hotel Owners Sue City for $100M Over Delays
Ira Drukier with the Hotel Chelsea (Getty, Patrick McMullan/Getty) The Chelsea Hotel was once a bohemian utopia, home to the…
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Altisource, Ocwen resolve dispute over default services for New Residential
Altisource Portfolio Solutions has reached an agreement with Ocwen Financial. It resolves a dispute that arose when New Residential Investment…
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Home Point Capitol reports decrease in 1Q revenue – HousingWire
Home Point Capitol reported $29 billion in origination volume in the first quarter of 2021 and a net income of…
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Rent Stabilization Association Sues New York Over Eviction Ban
RSA’s Joseph Strasburg and Judge Lawrence Marks (Getty, Strasburg via Jeffersons Siegel) One day after a judge struck down the…
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