The melodrama surrounding the Tampa Bay Rays’ plans for a new stadium took another turn with the team announcing it will not continue the development of a new $1.3 billion, 30,000-seat venue in St. Petersburg, Florida. ESPN reports the team cited the expensive delays...
Compass (NYSE: COMP) is reportedly negotiating for the acquisition of Berkshire Hathaway’s (NYSE: BRK) Homes Services of America, part of the Warren Buffett corporate empire. The Wall Street Journal, sourcing its coverage from unnamed “people familiar with the...
The US Senate voted 56-43 to confirm Bill Pulte as the new director of the Federal Housing Finance Agency (FHFA). The vote was mostly along party lines, with all Republicans and three Democrats – Sens. Angela Alsobrooks of Maryland, Ruben Gallego of Arizona and Elissa...
The sun was definitely shining on the Sunshine State’s luxury real estate market last month as coastal Florida boasted seven of February’s 10 highest-priced home sales, according to a new report from Redfin (NASDAQ: RDFN), which noted two estates in Southern...
Mortgage applications for new home purchases during February were down by 6.9% year-over-year, although they were also up by 0.3% from January, according to data from the Mortgage Bankers Association (MBA). By product type, conventional loans composed 56.7% of loan...
Hits and Misses for the Real Estate Week of May 4-8
