Author: harrisondfw

U.S. Department of Veterans Affairs temporarily eases restrictions Policy Restrictions on Fee Payments This puts buyers using the company’s loans at a competitive disadvantage.change point Revealed from a high-profile incident Overturned common practice in determining brokerage commissions for several real estate brokerages and the National Association of Realtors. Current regulations prohibit charging fees on VA loan originations, and considering this change could reduce the value of those offers in the eyes of real estate agents and agents. In an announcement made during a panel discussion on Tuesday, At the Mortgage Bankers Association’s Distribution and Capital Markets Conference The department announced…

HASA opens a new packaged products manufacturing facility in Rome, Texas, marking its third facility in Texas. [Image: HASA] California-based HASA has opened a new packaged products manufacturing facility in Rome, Wise County, about an hour northwest of Dallas. HASA is a company that provides “safe, clean and clear water treatment” for the sanitation of recreational, public and industrial waters. “HASA is pleased to expand our manufacturing footprint in key regions across Texas and highlight our leadership as a trusted provider of high-quality water disinfection products for the industry,” CEO Chris Brink said in a statement. “We are excited to…

The Dallas Mavericks and Minnesota Timberwolves are set to meet in the Western Conference Finals starting on Wednesday night, and while Minnesota won the season series 3-1, a closer look at these games reveals that there isn’t much to take from them.Luka Doncic has only played in two games against the Timberwolves, and Kyrie Irving has only played in one game. Their only appearance together was Game 3, which Dallas won. The Mavericks started Jaden Hardy, Tim Hardaway Jr., Josh Green, Grant Williams, and Richaun Holmes in Game 4, and in Game 2 (which the Mavericks lost by just eight…

Sold! NBA All-Star’s Southern California mansion goes up for auction Ben Simmons.Simmons bought the modern Hidden Hills farmhouse in 2021 for $17.75 million. A year later, he put it back on the market for $23 million. Over the next 18 months, the price was reduced to $17.495 million. Finally, last month, a no-bid auction was scheduled for the seven-bedroom home, which sits on just under 1.5 acres.The final sale price, excluding commission, was $12.1 million.This home was built in 2021.(Realtor.com)This 12,000-square-foot modern farmhouse was designed by architecture firm Nobel LA and features reclaimed wood and exposed beams, 40-foot ceilings, walls…

The Dallas Business Center is part of Subaru of America’s 200,000-square-foot mixed-use facility expansion project in Coppell. [Photo: Subaru of America] Subaru of America has announced plans to expand its operations in the Dallas-Fort Worth area by relocating its central regional office to Coppell from Itasca, Ill. The company also plans to establish a new customer support center in Coppell. The car company, whose U.S. headquarters is in Camden, New Jersey, said it plans to expand its Dallas-area workforce to coincide with the move. “We are pleased to expand our footprint and capabilities in the southern U.S. to further support…

PORTSMOUTH, Va. (WABY) — As the weather gets warmer, Virginia real estate agents are reporting the commonwealth’s housing market is heating up. Virginia real estate agents said sales in April were the biggest increase in nearly three years. But are we really seeing more for-sale signs popping up in front of homes in Hampton Roads? “It’s all a matter of context,” said Ryan Price, an economist with Virginia Realtors. “Sales were certainly up in April compared to a year ago.” According to a report from Virginia Realtors, 9,416 homes were sold in April, an increase of 14% from last spring.…

PORTSMOUTH, Va. (WABY) — As the weather gets warmer, Virginia real estate agents are reporting the commonwealth’s housing market is heating up. Virginia real estate agents said sales in April were the biggest increase in nearly three years. But are we really seeing more for-sale signs popping up in front of homes in Hampton Roads? “It’s all about context,” said Ryan Price, an economist at Virginia Realtors. “Sales in April definitely increased from a year ago.” The Virginia Association of Realtors reported 9,416 homes sold in April, a 14% increase from last spring. “Virginia Beach has really seen an increase…

Coppell, Texas — Read this article and other North Texas business news from our Dallas Business Journal partners Subaru of America, Inc. is expanding its presence and moving its Central Region offices to North Texas. On May 20, Subaru announced plans to relocate its central region office from Itasca, Illinois to an existing distribution and training facility in Coppell as part of a 200,000 square foot expansion. For the expansion, Subaru is partnering with Prologis, a global logistics real estate company, and expects renovations to be completed by the end of 2024, with move-in possible early next year. Approximately 30,000…

Currently, the median home price in California is over $900,000. (Jay L. Clendenin/Los Angeles Times)Want a home in California? It will probably cost more than 9 million yen.The statewide median sales price for previously owned single-family homes surpassed $900,000 for the first time in April, a shocking statistic that highlights just how out of reach housing has become across the Golden State.The median price in April was $904,210, an 11.4% increase from the same month last year, according to data from the California association. of a real estate agent. The median price (the point at which half of the homes…

of U.S. Department of Veterans Affairs VA officials will soon issue a notice that will “close the gap” in agency law that prohibits VA buyers from paying commission to real estate agents, VA officials announced Tuesday. Michelle Corydon, deputy policy director for the VA, Mortgage Bankers AssociationThe notice was announced at the Securities and Exchange Commission’s Secondary Capital Markets Conference in New York, and is expected to be issued between now and June 12. The notice will be issued while the agency conducts its formal rulemaking process. VA policy states that while veterans are permitted to use a buyer’s broker…