DataDigest: Fannie Mae’s market view gets rosier, but traders get more skeptical

Last month, DataDigest explored market experts’ expectations for 2024, with the consensus calling for a moderately better housing market than 2023.But a meeting of the Federal Open Market Committee the following week set off a market frenzy over expectations of interest rate cuts, moving mortgage ra
Read MoreBlackstone to acquire Tricon for $3.5 billion

Private equity giant Blackstone is set to acquire Tricon Residential in a deal valued at around $3.5 billion, the company announced last week. Blackstone entered an agreement to acquire all outstanding common shares of Tricon, with a price tag of $11.25 per common share. The proposed transaction com
Read MoreFlorida theme parks creating more housing for employees

A large portion of Florida’s economy relies on tourism, especially as major Orlando-area theme parks including Universal Studios Florida and Walt Disney World.But the parks — which employ an estimated 110,000 people collectively — are also facing headwinds due to their employees’ struggles to afford
Read MoreMauricio Umansky and Jason Haber launch new real estate trade group

Mauricio Umansky, founder of The Agency and star of Buying Beverly Hills, and Compass agent and NAR Accountability Project founder Jason Haber are making good on a promise to explore a real estate professional trade organization alternative to the National Association of Realtors. The two industry p
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