In Today's News
Fannie Mae Sees Rebound in Housing Confidence Survey
It's still down for the year, but not down for the count. Fannie Mae says its Home Purchase Sentiment Index is up about 15% from a near record low in April but still down about 15% for the year.
CoreLogic (NYSE: CLGX) Says No to $7 Billion Takeover Bid
The property data and analytics outfit has declined an unsolicited offer, saying it expects higher earnings this year and to be able to buy back more of its own stock. Here's a Millionacres piece posted when the offer first became known.
1031 Exchange Parcels in High Demand as July 15 Nears
Like-kind replacement properties are in high demand, says a Section 1031 exchange operator in Texas. Expect "rich pricing" as the July 15 tax filing deadline looms. This as the IRS considers consolidating the rules.
Today on Millionacres
Why the Delay on Rent Relief in Congress?
Landlords and tenants alike will suffer as moratoriums expire, pandemic relief dries up, and evictions mount, so why the delay on Capitol Hill? Millionacres' Maurie Backman explores the issue.
Where Will Prologis Be in Three Years?
Millionacres' Brad Cartier takes a look at this industrial-heavy real estate investment trust (REIT) whose near- and long-term prospects reflect the realities investors and the objects of their investment are now confronting.