Maryland recorded 5,839 home sales in April, a 2.4% increase from 5,704 units one year earlier and the first year-over-year increase since August 2021, according to new data from Maryland Realtors. The total number of […]
The financially ailing Red Lobster restaurant chain is closing 48 of its 650 U.S. locations. Reports surfaced last month that Red Lobster was considering a Chapter 11 bankruptcy filing, but to date the company has not […]
Getting a mortgage is, by general consensus, the most treacherous part of buying a home. Even lenders agree that it’s often a struggle. “A lot can go wrong,” says Staci Titsworth, regional manager at PNC Mortgage in Pittsburgh. If […]
Dreams of owning a home might seem dashed for many Americans amidst soaring house prices and skyrocketing mortgage rates. But fear not, bargain hunters. A glimmer of hope shines through as a trove of affordable […]
Sam Valverde, formerly the principal executive vice president of government-owned corporation Ginnie Mae, was named as its acting president as of May 6, according to an announcement issued by the organization this week. Sam […]
Florida Gov. Ron DeSantis (R) signed a bill into law this week that changes certain requirements for the state’s reverse mortgage borrowers, a move that the National Reverse Mortgage Lenders Association(NRMLA) says could save […]
The National Association of Realtors’ (NAR) board of directors voted to leave member dues unchanged in 2025. The vote occurred Thursday during the final day of NAR’s midyear conference, the Realtors Legislative Meetings, according […]
In the realm of repositioned “Cinderalla” buildings, Milstein Properties’ 22 Vanderbilt – once known as 335 Madison Ave. – stands with the most elite. The Madison Avenue tower between East 43rd and 44th streets recently […]
In the competitive world of real estate, where countless sources offer strategies to help agents generate more leads and drive business growth, a simple but often overlooked method stands out: rental properties. According to […]
In March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates” and “note rates” and why most reverse mortgages depend on these two interest rates. In April, we specifically focused on […]
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