Real estate developer and former NFL football player Chris Harrison was sentenced to six years in federal prison and three years of supervised for his coordination of a scheme that embezzled funds intended for the development and construction of two real estate...
Nearly 6% of homes are at risk of being sold for less than their purchase price, according to a new data report from Redfin (NASDAQ: RDFN) based on active listings on the MLS during May. Last year at this time, the share was at 4.4%. Redfin noted this situation varied...
Wisconsin recorded 6,607 home sales during May, a 2.1% drop from the 6,752 transactions recorded one year earlier. According to data from the Wisconsin Realtors Association (WRA), the decline in sales came as total statewide listings surged by 8.5% from 20,309 in May...
The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 2.7% annual return in April, down from 3.4% the previous month. The 10-City Composite annual increase came in at 4.1%, down from 4.8% the previous month, while the 20-City Composite posted...
The Macerich Company (NYSE: MAC), a Santa Monica, California-based real estate investment trust, has acquired Crabtree Valley Mall, a Class A retail center totaling approximately 1.3 million square feet in Raleigh, North Carolina, for $290 million. The acquired...