The average U.S. mortgage holder has more than $300,000 in home equity, a figure that’s up significantly since the start of the COVID-19 pandemic as national equity levels now stand at $17.5 trillion. That’s according to Cotality’s second-quarter 2025 home equity report released on Friday. The report noted that the average homeowner with a mortgage saw their equity decline in the past year by...
Foreclosure activity in the U.S. increased in August, with 35,697 properties receiving default notices, scheduled for auction, or repossessed by lenders, according to ATTOM’s August 2025 U.S. Foreclosure Market Report. The total was down 1% from July but up 18% from a year earlier. “August marked the sixth consecutive month of year-over-year increases in U.S. foreclosure activity and the third...
As the mortgage industry prepares for the Trump Administration’s plans for an initial public offering (IPO) of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, U.S. Department of Commerce Secretary Howard Lutnick appeared on CNBC to offer his comments on the subject. During the interview aired Thursday, Lutnick disclosed that the IPO “could well be this year … sooner than...
Not every Chelsea apartment comes with a design pedigree, but this one has it built in. The $3.65 million residence at London Terrace Towers was crafted by AD100 designer Neal Beckstedt, giving the prewar co-op a thoroughly modern refresh while preserving its historic character. Located at 465 West 23rd Street, the apartment occupies the 19th floor of one of Manhattan’s most recognizable...
If you're short on space, these small walk-in shower ideas are perfect for adding a touch of luxury to your...
Low-curb showers are a go-to choice for homeowners who want a bathroom that feels modern, safe and easy to use — without the construction costs or complexities that often come with a fully curbless design. In these nine bathrooms, design and construction pros show how a small curb can...
This California couple with two teenagers love to cook and bake, but the traditional kitchen in their 2009 luxury spec home didn’t support their lifestyle. Short dark cabinets, a bulky island without seating, an awkward corner pantry and an overall gloomy feel made the space less than...
Seeking to address this challenge, NAF—a national non-profit dedicated to career readiness education—has partnered with the Nareit Foundation. Together, they’re expanding opportunities and creating new pathways for high school students to learn about and work in the REIT...
Homebuyer Activity Picks Up Pace in Mid-September U.S. mortgage rates tumbled this week, posting their largest weekly decline in more than a year and providing a boost to prospective homebuyers. According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year fixed-rate mortgage fell to 6.35%, down from 6.50% the previous week, marking the most significant single-week drop since at...
Christie’s International Real Estate has appointed G. Scott Hurlock as senior vice president of strategic growth, a new role at the company. Hurlock will oversee network expansion for the luxury real estate brand by pursuing new partnerships and working with affiliates on organic growth, mergers and acquisitions. “Scott comes to us with an incredibly impressive track record, deep industry...
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