We issued our fourth quarter and full-year 2023 financial results. You can read the details here. Airbnb Co-Founder and CEO Brian Chesky said: “2023 was another incredible year for Airbnb. Our Host community surpassed […]
The U.S. Department of Housing and Urban Development (HUD) announced $115 million in grant funding will be made available to support the development and improvement of affordable rental housing for low-income seniors. The funds are […]
New York Attorney General Letitia James has threatened to seize the commercial real estate assets of former President Donald Trump if he fails to pay the fines levied against him in his civil fraud trial. James, a […]
The telecommunications company BT Group has announced the sale of its London landmark BT Tower to MCR Hotels for $346 million, with the new owner planning to transform the structure into a hotel. Located in […]
The house where Jeff Bezos launched Amazon has been acquired. According to Mansion Global, the 1,540-square-foot residence at 10704 NE 28th Street in the Seattle suburb of Bellevue, Washington, as listed last month at $2.29 million and is […]
The Federal Housing Administration (FHA) is rolling out a new loss mitigation home retention option aimed at delinquent borrowers with FHA-insured single-family forward mortgages. The new option is called the Payment Supplement and it allows […]
A Montana judge has blocked a housing development organized by a member of prominent local political family after a group of local residents warned the project would deplete the area’s groundwater levels. According to combined media reports, Broadwater […]
In the wake of Friday’s trial verdict that fined former President Donald Trump nearly $355 million and banned him from doing business in New York for three years for alleged over-valuation of his properties, Gov. Kathy Hochul […]
A bill introduced in the New Jersey Senate would require face-to-face counseling for the state’s reverse mortgage transactions and would void any loans executed without proof of such counseling having taken place. The bill […]
Will mortgage rates break toward 8% again, making another 2024 data line that looks like a carbon copy of 2023? It’s not part of my 2024 forecast, but since the Federal Reserve likes playing […]
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