Another sports team eyeing public funds for a new stadium, property tax relief comes to Texas, and a social media influencer who gave very bad advice. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 16-20. Miss: Who’s...
Pennsylvania home sales totaled 10,635 transactions in May, a 16% surge from April but also a 3.8% drop from one year earlier. The Pennsylvania Association of Realtors (PAR) reported more than 41,000 listings were available in the state last month, up 12% on both a...
Federal Reserve Governor Christopher Waller has declared the central bank should be able to cut rates again as early as July. In an interview this morning on CNBC, Waller stated that tariffs are not likely to fuel an inflationary spike. He urged the Fed to move slowly...
The San Diego-based mortgage lender Guild Holdings Company (NYSE: GHLD) has announced it is being acquired by a fund managed by Bayview Asset Management LLC in an all-cash transaction valued at approximately $1.3 billion. Upon completion of the transaction, Guild will...
The Boston Branch of the NAACP has asked Mayor Michelle Wu to stop the redevelopment of White Stadium, citing multiple issues ranging including a lack of transparency in leasing the venue to a professional soccer team. The 10,519-seat facility, formally the George R....
A new data report from Redfin (NASDAQ: RDFN) has determined the median home-sale price hit a record $396,500 during the four weeks ending June 15, a 1% year-over-year uptick. However, this is roughly $26,000 lower than the median asking price of $422,238. Redfin noted...
