REAL ESTATE NEWS - Financing and Mortgages

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Home Sales Index Surges 7.4% in September
Contract signings surged nationwide as buyers capitalized on lower mortgage rates and increased inventory options in late summer.
Real estate market graph surges upward with 7.4% increase in US home sales.
Developer Secures $205M Construction Loan for Luxury Murray Hill High-Rise Project
Kriss Capital, Klirmark Capital Provide $205M Construction Loan for Continuum's 40 East 35th Street Condo Project.
Murray Hill luxury high-rise construction project secured $205 million loan in New York City.
Novogratz's Whimsical Waverly Place Townhouse Revealed
Gimme Shelter tours the Novogratz's stunning downtown home renovation in light of their new book release.
Novogratz's colorful Waverly Place townhouse exterior with ornate details revealed in NYC.
China's Property Market Sees Stabilization by 2025, Long-Term Calm Ahead
China's real estate sector unlikely to recover until mid-2024 despite new stimulus measures.
China's property market stabilizes by 2025, long-term calm predicted nationwide.
City Official Proposes Tax Hike to Offset Budget Deficit
Chicago Mayor Brandon Johnson Unveils Budget Plan to Close $982M Gap Without Union Layoffs
City official proposes tax hike in response to budget deficit crisis.
Residential project catering to veterans at risk of foreclosure
California Developer Behind Planned Veteran-Focused Community Faces Foreclosure Risk Over Pecan Valley Golf Course Property.
Veterans' residential project threatened with foreclosure in suburban neighborhood development.
NexPoint RE Finance Declares Quarterly Distribution
NexPoint Real Estate Finance Declares Quarterly Dividend of $0.42 Per Share
NexPoint RE Finance logo with quarterly distribution announcement details on screen.
eXp Realty adjusts revenue sharing model
Company responds to "critical time" with new agent incentives starting November 1.
eXp Realty executive adjusts company's revenue sharing model in corporate office.
Home Price Growth Hits Pause, Ending 2024 Uptrend
Home prices rise 4%+ year-over-year, but growth slows with increasing inventory and buyer optimism.
Real estate market graph showing home price growth pause in US cities.
Luxury Buyers Snag Second NYC Condo for $17 Million Discounted Price
Michael Shvo's Mandarin Oriental resident buys second 3,374-sq-ft condo for $17M, down from $22M ask.
High-end buyers secure second NYC condo at significantly discounted price of $17 million.
Accounting Firm's Future in Jeopardy: Audit Raises Concerns
Charles Cohen's $721M Fortune at Stake in 10-Day Court Showdown Over Defaulted Loan.
Accounting firm building under scrutiny after audit raises financial concerns locally.
Sales Prospects Brighten for Industry Leaders
New Surveys Indicate Growing Optimism Amid Mortgage Rate and Election Uncertainty.
Industry leaders gather at conference, boosting sales prospects in global market.
Infrastructure Company Secures $780M Funding with CBRE Assistance
Accelerate Infrastructure raises $780m with backing from CBRE Investment Management.
CBRE assisted infrastructure company secures $780 million funding in global investment deal.
Moody's flags San Francisco for remote work challenges
San Francisco's credit rating downgraded to Aa1 due to stubborn office vacancies caused by remote work shift led by tech firms.
Moody's analyst in San Francisco office with remote work concerns displayed.
D.R. Horton stock drops amid slowdown in housing demand
D.R. Horton Shares Plummet After Homebuilder Reports Disappointing Q4 Results
D.R. Horton logo with declining graph amidst US housing market slowdown.
Historic mansion with Oleg Cassini's former atelier reduced by $5 million again
Jackie O's former NYC mansion features 7 bedrooms, an elevator in its 18,000 sq ft space.
Oleg Cassini's former atelier in historic mansion reduced in price significantly.

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