Peak Capital sold Cottonwood Terrace, which was 96% leased and 93% occupied at the time … Echelon Property Group will manage the community. … by JLL Real Estate Capital LLC, a wholly owned indirect subsidiary of JLL Inc.
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James Kleimann is joining HousingWire as Mortgage Editor to help the company sharpen coverage in housing finance, while also expanding into other housing verticals like real estate, title/escrow and appraisal. Working alongside HousingWire Editor in Chief Sarah Wheeler, Kleimann will spearhead the editorial strategy for housing coverage on HousingWire.com. “We’re
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If the Great Recession never happened, how would potential homebuyers be looking at today’s housing market? After all, the giant cohort of potential homebuyers now in their late 20s and early 30s was also the generation fresh out of college trying to find a job as the market was crashing
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According to reporting by the Wall Street Journal on Saturday, the Federal Housing Finance Agency has been communicating with mortgage industry groups about delaying the implementation of a fee which would add a 0.5% surcharge to refinance mortgages sold to Fannie Mae and Freddie Mac starting Sept. 1. According to
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Five months after restarting a bond-buying program last used in the financial crisis, the Federal Reserve has purchased about $892 billion of agency mortgage-backed securities, according to a Fed blog post on Thursday. The asset-buying has helped to drive mortgage financing costs to the lowest level ever recorded, with the
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According to the U.S Census Bureau’s latest Household Pulse Survey, close to 21% of both Black and Hispanic homeowners missed or deferred the previous month’s mortgage payment compared to 10% of white homeowners. However, Jung Hyun Choi, research associate at the Urban Institute, said the census data doesn’t tell the
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Although many in the real estate industry say that San Franciscans are relocating to places more inland, some Century 21 agents in the San Francisco and Bay Area beg to differ. Suburban ZIP codes might be more popular these days, as city dwellers forced to work from home during the
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ATTOM Data Solutions’ RealtyTrac, a foreclosure listings and search portal, added industry veteran Rick Sharga back into its ranks earlier this month in a move that foreshadows what the company sees for its future. Sharga will oversee RealtyTrac’s marketing and public relations initiatives and implement new marketing strategies to increase
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Residential sale-leaseback company EasyKnock has announced a new contributor to its Series B funding round. Viola FinTech has added $5 million to this round of funding, bringing the Series B total to $25 million. EasyKnock’s CEO Jarred Kessler told HousingWire that this funding round means the company can work harder,
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Home Point Financial has named Perry Hilzendeger as its president of servicing. A 30-year veteran in the consumer finance and mortgage industry, Hilzendeger will be assisting in the company’s growth, responsible for leading the mortgage servicing team and delivering customer experience. Before he joined Home Point Financial, Hilzendeger was at
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Existing-home sales jumped 25% in July from June, beating the prior record of a 21% gain set a month earlier, as low mortgage rates fueled demand for real estate. Sales of single-family homes, townhomes, condominiums, and co-ops rose to a seasonally adjusted 5.86 million, the National Association of Realtors said
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Real estate sales is another activity that any property owner can do on their own, or they can even hire someone at a “discount.” However, there is a …
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