Washington Post, June 1, 2021–Kathy OrtonThe five-bedroom, five-bathroom, 5,000-square-foot house in sought-after Chevy Chase Village was listed at $3,495,000 on April 16. After receiving seven offers, the sellers accepted a …
Category: Top National News
NBA All-Stars Invest in $1 Billion Harvard Real Estate Development
Wall Street Journal, June 1, 2021–Konrad Putzier (subscription)Four NBA All-Stars are helping fund a new Harvard University real-estate development, joining more than 150 Black and Latino professionals in backing the …
Hot Real Estate Market Helping Luxury Homes Sell at a Rapid Pace
USA Today, June 1, 2021–Swapna Venugopal RamaswamyThe luxury segment of the real estate landscape has seen listings increase and homes sell at a rapid clip. The demand is so great …
Will Rising Mortgage Rates Cool the Housing Market?
BankRate.com, June 1, 2021–Zach WichterAs mortgage rates drift higher in the recovering post-pandemic economy, some prospective homebuyers are left wondering if the housing market is about to become less competitive. …
Black Knight to Buy Mortgage Marketing Firm Top of Mind for $250M
National Mortgage News, May 28, 2021–Brad Finkelstein (subscription)This is the multi-hyphenate company’s sixth deal since the start of 2020 — a series of acquisitions in a variety of sectors within …
Zillow: 83% Growth Of Asian-Headed Households Hides Significant Inequality
National Mortgage Professional, May 28, 2021–Katie JensenNew Zillow Research shows that the Asian-American population is the smallest but fastest ethnic group in the US, with plenty of issues of their …
House Hunters Are Leaving the City, and Builders Can’t Keep Up
New York Times, May 29, 2021–Conor Dougherty, Ben CasselmanAfter a prolonged period of anemic sales since the housing bust, home builders now risk losing business because they can’t supply enough …
What’s Holding Up the Confirmation of the Next CFPB Chief?
National Mortgage News, May 28, 2021–Kate Berry (subscription)With Rohit Chopra’s nomination now in its fourth month, some of the consumer bureau’s rulemaking efforts remain on hold. Analysts attribute the delay …
Homeward Secures $371M In Growth Capital
National Mortgage Professional, May 28, 2021–Katie JensenHomeward, a home finance company that specializes in cash offers, announced that it has secured $371 million in growth capital, as well as $136 …
Americans’ Boost to Spending Is Adding Fuel to Economic Growth
Wall Street Journal, May 28, 2021–Josh Mitchell (subscription)Americans continue to venture back out into public to buy services they went without for more than a year—a shift that is adding …