luxury housing - Real Estate Investor Pulse

Comstock Completes $1.5 Million Acquisition of DC-Area Parcel for Luxury Housing

December 28, 2023 Mariel Alumit Comments Off

Comstock Holding Companies Inc. (NASDAQ: CHCI), an asset manager, developer and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, has completed is $1.5 million acquisition of an 18,150-square-foot land parcel located at […]

Nannies on call, spas; India witnessing ‘mad rush’ for luxury housing

March 6, 2023 Mark Paul Cervantes Comments Off

NEW DELHI, March 6 (Reuters) – India’s DLF (DLF.NS) sold a $1 billion upmarket residential project in 72 hours while rival Godrej Properties (GODR.NS) is offering $3 million apartments to clients selected by invitation, two off-plan sales that are […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]