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Image Self-storage REITs own and manage storage facilities and collect rent from customers. Self-storage REITs rent space to both individuals and...

Conversely, Hong Kong office vacancy rates improve in July According to JLL's latest Hong Kong Property Market Monitor report, vacancy rates of Grade A offices in Central and Hong Kong East improved in July 2024, but office rents continue to slip. The overall vacancy rate of Grade A offices rose to 13.7% as at the end of last month. But the vacancy rates in Central and Hong Kong East decreased to 12.0%...

The No. 1 brokerage in the country by transaction sides just got bigger. On Thursday, eXp Realty announced that Brandon Brittingham and his top-producing Maryland-based mega team are making the jump to eXp. Brittingham and his 30-person team, The Maryland & Delaware Group, had previously been brokered at Long & Foster Real Estate. “For me, by far, what eXp could do to support the growth of...

A government-led effort to change the venue in a case brought by Texas Capital Bank (TCB) against Ginnie Mae over reverse mortgage-related collateral has been denied by presiding Judge Matthew Kacsmaryk, according to a court filing reviewed by HousingWire’s Reverse Mortgage Daily (RMD). In June, attorneys representing the U.S. Department of Housing and Urban Development (HUD) and the named defendant,...

Dan Snyder rarely steps into the spotlight, but his name, strategic moves and execution are talked about frequently in mortgage banking circles. This changes on Oct. 1, 2024, when Snyder, the CEO of Lower, steps on to the main stage at the George W. Bush Presidential Library in Dallas for the HousingWire IMB Summit.  A HousingWire Vanguard winner, Snyder has built a world-class executive team that...

The Consumer Federation of America (CFA) is calling for policy changes that would help alleviate the difficulties for homebuyers using Federal Housing Administration (FHA) loans when competing in tight markets. Buyers using FHA loans often face stigmas and cannot use many of the competitive strategies commonly utilized by conventional borrowers and cash buyers, according to a recent report from the...

Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them back in the market. An additional 27% said they’re targeting a 4% rate, while 20% say it’s...

Visionary architect Frank Lloyd Wright had a career worthy of his unmatched talent. A key figure who shaped the world of architecture as we know it, Wright pioneered several architectural movements in his lengthy and prolific 70-year career, including the Prairie School movement and the Usonian concept. He also mentored hundreds of budding architects through his Taliesin Fellowship, wrote books,...

Tennis balls aren’t the only thing being served at the U.S. Open. NBC / Getty Images While U.S. Open players are serving tennis balls, something just as important is being served to the audience in the stands: cocktails. But it’s not just any regular drink that social media is raving about. The infamous Honey Deuce, created by Grey Goose vodka, can only be found at the U.S. Open—and the...

...And the absolute worst place to store onions—unless you want them to spoil faster. Getty Images / itakdalee We like to think of a few items as the elements of our cooking “capsule wardrobe” in the Test Kitchen. In other words, we mix and match these components to add flavor and aroma or to help balance a dish. In addition to lemons, salt, olive oil, butter, and garlic, one key cooking...