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Real’s latest roster addition is the 150-agent ROVI Homes

Housing Wire

Steve Rovithis ROVI Homes arrived on the scene in 2015. He launched ROVI Homes in 2015. Real announced Wednesday the affiliation of ROVI Homes , a brokerage operating in the New England states of Massachusetts , Connecticut and Rhode Island , as well as Sarasota, Florida.

Agents 388
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FHFA to raise the 2025 multifamily loan caps for Fannie, Freddie by 4%

Housing Wire

FHFA has set the caps on the GSEs’ conventional multifamily businesses since 2015. But in an effort to prevent disruption, “if FHFA determines that the actual size of the 2025 market is smaller than was initially projected, FHFA will not lower the caps,” the agency explained.

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Place buys Remine for $1.5 million in cash at auction

Housing Wire

The firm was founded in 2015 and sold in 2021 to Unlock MLS , First MLS , Miami Realtors MLS and Heartland MLS for $53.5 In an interview with Inman, Kinney assured Remines current customers that they will continue to receive the same level of service and support from the Remine team.

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Douglas Elliman fires brokerage CEO Scott Durkin

Housing Wire

Durkin joined Douglas Elliman in 2015, becoming chief operating officer in 2016 and president in 2017. .” Durkin’s dismissal came just days after the firm announced the retirement of parent company CEO Howard Lorber. Michael Liebowitz, the firm’s board director, was named the new chairman and CEO.

Brokerage 415
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Ex-HUD official claims trillions spent on secret underground bunkers

Housing Wire

Claims tied to questionable accounting Fitts cited a 2017 report by Michigan State University economist Mark Skidmore, who said he and a team of researchers uncovered $21 trillion in unsupported financial adjustments at the Department of Defense and HUD between 1998 and 2015. trillion in unaccounted adjustments in fiscal year 2015.

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First American: Rising costs squeeze homeownership for millions

Housing Wire

Mortgage holders faced a similar burden rate as recently as 2018, and outright owners saw comparable levels back in 2015,” he said. Williamson pointed out that the trends are troubling, but not historically unprecedented. The main driver of increased costs for mortgage holders is unsurprising — rising mortgage payments.

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Surging home prices lead more Americans to stay in the renter pool

Housing Wire

million additional renter households and marks the second-fastest yearly pace of growth since 2015. This rate of growth is three times faster than the 0.9% increase in homeowner households, which now total 86.9 Notably, the 2.7% increase represents 1.18 The median asking rent was up 0.6%