WASHINGTON (AP) — U.S. long-term mortgage rates are near historically low levels this week with the average on the benchmark 30-year loan falling to its lowest level since November 2016. The low borrowing rates have been a boon for homebuyers,…
NEW ORLEANS – In partnership with Loyola University, New Orleans Metropolitan Association of REALTORS® (NOMAR) and Commercial Investment Divison of the New Orleans Metropolitan Assocation of REALTORS® (CID) will host the 9th annual Economic and Real Estate Forecast Symposium. The…
NEW ORLEANS – Urban Properties Real Estate, LLC, a New Orleans-based commercial brokerage, property management and development firm, announced in a press release the addition of Henry Shortess to its brokerage team. As an agent, Shortess assists with all aspects…
BEVERLY HILLS, Ca. - Sonnenblick-Eichner Company, Beverly Hills-based real estate investment banking firm, has arranged $46 million of interim first mortgage financing for the Maison Dupuy, a five-story, 200-room, full-service, boutique hotel located in New Orleans' French Quarter. Proceeds from…
NEW ORLEANS — Adams and Reese law firm announced that Philip B. Sherman has joined the firm’s real estate practice and New Orleans office as special counsel. Details were shared in a press release. In his real estate-focused practice, Sherman…
NEW ORLEANS (AP) — The City Council in tourist-dependent New Orleans is set to grant final approval to major restrictions on short-term vacation rentals such as those arranged online by Airbnb. Measures up for a vote Thursday will ban…
WASHINGTON (AP) — U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016. Financial markets around the globe have been whipsawed by anxiety over the U.S.-China trade war, sending investors…
NEW ORLEANS – New Orleans property owners who wish to discuss the taxable assessment on their property with the Assessor’s Office may do so now, during the Open Rolls period, announced Orleans Parish Assessor Erroll G. Williams. The tax rolls…
WASHINGTON (AP) — More Americans signed contracts to purchase homes in June, marking the second straight month of growth. The National Association of Realtors said Tuesday that its pending home sales index rose 2.8 percent to 108.3 in June, up…
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, edging toward three-year lows amid signals from Federal Reserve officials that they could cut their benchmark interest rate at their meeting next week. Mortgage buyer Freddie Mac said Thursday the…
WASHINGTON (AP) — U.S. home sales tumbled 1.7-percent in June, with rising prices and a scarce supply locking out many Americans from ownership. The National Association of Realtors said Tuesday that homes were sold last month at a seasonally adjusted…
NEW ORLEANS - The Commercial Investment Division (CID) of the New Orleans Metropolitan Association of REALTORS® hosted its annual Awards Gala on Thursday, June 6, 2019 at the Hyatt Regency New Orleans. The CID awards program included over 1,500 transactions…
WASHINGTON (AP) — U.S. home sales jumped 2.5-percent in May, as lower mortgage rates appeared to help buyers overcome affordability challenges. The National Association of Realtors said Friday that existing homes sold at a seasonally adjusted annual rate of 5.34…
WASHINGTON (AP) — U.S. long-term mortgage rates were little changed this week. The key 30-year, fixed-rate loan hovered around an average 3.8-percent for the third straight week. Before leveling off, rates marked six straight weeks of declines putting them at…
NEW YORK (AP) - Interest rates for mortgages are low __ really low. As of the first week of June, long-term mortgage rates were down for the sixth consecutive week. The 30-year fixed rate average was below 4 percent, its…
NEW ORLEANS - As the population grows, so does the need for workers in specialty trades. Population expansion demands an expanded infrastructure with essential necessities such as heating and cooling, electrical power, and shelter—a roof over our heads. Despite the…
NEW ORLEANS - On Thursday, June 6, the Commercial Investment Division of the New Orleans Metropolitan Association of REALTORS (CID) awarded top honors to Max J. Derbes Inc. real estate brokers Gerard Henry, SIOR and Bryce French. Details were shared in…
SALT LAKE CITY (AP) — For millennials looking to buy their first home, the hunt feels like a race against the clock. In the seven years since the housing crash ended, home values in more than three-quarters of U.S. metro…
NEW ORLEANS – Vacant for nearly 14 years, the former McDonogh 31 School in Mid-City was recently transformed into a luxury apartment complex comprised of 26 units, ranging from 600 to 1,400 square-feet each. Amenities include a pool, gated parking,…
SALISBURY, Mass. (AP) — For sale: waterfront property with sweeping views of the Atlantic Ocean. Waves erode beach regularly. Flooding gets worse every year. Saltwater damage to lawn. Asking price: anyone's guess. Some research suggests rising sea levels and flooding…
WASHINGTON (AP) — Sales of existing U.S. homes fell in March after a huge gain the previous month, held back partly by a sharp slowdown among the most expensive properties. The National Association of Realtors says home sales fell 4.9%…
NEW ORLEANS - Today, the New Orleans City Council took a stand and put housing first by approving several critical initiatives to increase safe, fair and equitable housing, and combat the current affordability crisis. The Council approved Ordinance 32,573, which…
NEW ORLEANS – Urban Properties Real Estate, a local commercial brokerage and development firm, is announced the hiring of Genevieve Douglass as it’s director of marketing and operations. Details were shared in a press release. In this role, Douglass is responsible for…
WASHINGTON (AP) — More Americans signed contracts to buy homes in January as lower mortgage rates appeared to give the real estate market a boost. The National Association of Realtors said Wednesday its pending home sales index rose 4.6 percent…
NEW ORLEANS - HousingNOLA and the Greater New Orleans Housing Alliance (GNOHA) are applauding the New Orleans City Council for adopting a resolution to provide relief to cost-burdened homeowners in Orleans Parish during today's regular meeting. Co-authored by Councilmembers Banks,…
NEW ORLEANS - The A. B. Freeman School of Business at Tulane University has announced a partnership with the Tulane University School of Architecture to meet the increasing demand for business professionals equipped with the tools for a career in real…
DENVER – Stonebridge Companies, a Denver-based, privately owned, innovative hotel owner, operator and developer, has acquired the 280-room Embassy Suites by Hilton New Orleans Convention Center hotel in partnership with an affiliate of Walton Street Capital, L.L.C. As the property…
WASHINGTON (AP) — U.S. home prices rose at a slower pace in November, as sales have tumbled and affordability has deteriorated for many would-be buyers. The S&P CoreLogic Case-Shiller 20-city home price index grew 4.7 percent from a year earlier,…
WASHINGTON (AP) — When home sales weaken, prices typically do, too, and buyers benefit. Not quite this time. Home purchases in many areas of the country have dipped, and price gains have slowed. Yet a rising number of middle-class Americans…
