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Extell Development, facing an Aug. 30 maturity for a construction loan, signed an agreement for a new loan on the New York property, using the unsold units in the 815-apartment project as collateral.
August 30 -
Damage from Hurricane Dorian's storm surge has the potential to affect 668,052 homes, according to CoreLogic's latest analysis. Reports estimate a worst-case total of $144.6 billion in reconstruction cost value.
August 30 -
Prospective buyers of the boarded-up East Hills Mall recently reached out to Bakersfield city officials with a new vision for demolishing and redeveloping the property into a village-like mixed-use center.
August 30 -
Freddie Mac now forecasts that refinance volume will make up nearly half of third and fourth quarter production, and has increased its origination estimate for the year to over $2 trillion.
August 30 -
Soaring home prices are pushing homebuyers out of walkable neighborhoods into those that are more car-dependent, Redfin said.
August 30 -
Contract signings to purchase previously owned homes fell in July by the most since early 2018, indicating a pause in buyer interest even against a backdrop of falling mortgage rates, a firm job market and steady income gains.
August 30 -
For the second month in a row, Seattle is the only major American city where home prices were lower than a year ago.
August 30 -
Home sale prices in Massachusetts continued their ascent in July, setting a new all-time high for the month and rising to a level nearly 20% higher than five years ago and nearly 40% higher than July 2009.
August 30 -
Mortgage industry hiring and new job appointments for the week ending Aug. 30.
August 30 -
The mortgage industry will be looking for answers when Treasury and HUD unveil reports on housing finance reform, but the Trump administration’s plans could also raise a whole new host of questions.
August 29











