Austin Moyer moves Rochester team to Engel & Völkers
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Pending home sales post steepest monthly drop of 2026
The median sales price for an existing US home reached approximately $441,000 in June, an all-time high, according to NAR. Mortgage rates hovered near 6.5% during the month and have since risen further. The 30-year fixed-rate mortgage hit its highest reading since August 2025, reaching 6.65% in the week ending July 10, according to the Mortgage…
Q3 agency MBS lags targets as home equity, non-QM gain ground
When the third quarter is over at the end of the month, it is likely agency mortgage-backed securities issuance volume will not reach either BTIG and consensus expectations, a new report said. As borrowers shift toward home equity products, originators focused on HELOC and non-QM securitizations have a distinct competitive edge. Processing Content “If we…
PowerChampions Founder Ashish Achlerkar to Speak at EGSA Fall Conference on People-First Business Building in Critical Power
Entrepreneur and skilled-trades platform builder will share lessons from helping companies grow while strengthening leadership, culture and opportunity; PowerChampions will also sponsor the EGSA Awards Lunch CHARLOTTE, N.C., Sept. 10, 2026 /PRNewswire/ — Ashish Achlerkar, Founder and CEO of PowerChampions, will take the stage at the 2026 EGSA Fall Conference Washington, DC on Monday September…
Rockpoint Buys Oceanfront Fort Lauderdale Hotel for $47M – Commercial Observer
Rockpoint and Newbond Holdings have paid $47.1 million for an oceanfront resort in Fort Lauderdale, Fla., property records show. Called Hotel Maren Fort Lauderdale Beach, the property features 141 rooms at 525 South Fort Lauderdale Beach Boulevard, adjacent to Seebreeze Boulevard, south of Las Olas Boulevard. Magna Hospitality Group sold the 245,081-square-foot hotel, which is…
Article XI: Long Shot Tax Break Lures Desperate Landlords
Rent-stabilized owners seeking the Article XI tax break are real estate’s version of Andy Dufresne. Who could forget the wrongly imprisoned character played by Tim Robbins in “The Shawshank Redemption”? Dufresne’s escape was an act of desperation requiring intricate planning, years of paperwork and a 500-yard crawl through raw sewage. But it was his only…
‘Unmortgageable’ homes tempt buy to let investors
12:01 AM, 7th August 2026, 1 day ago 3 Landlords prepared to renovate difficult properties could find lucrative buy to let opportunities among 1.5 million UK homes that many mainstream lenders will not lend on. Research from specialist lender Together estimates that about 6% of Britain’s 28 million residential properties would be rejected by numerous…
