Pending home sales in March increased by 1.5% from February but were down by 1.1% from one year ago, according to the National Association of Realtors (NAR). Month-over-month pending home sales increased in the Northeast and South but declined in the Midwest and West....
The Trump Organization, in collaboration with five development and investment companies, has unveiled plans for Trump Tower Tbilisi, a 70-story mixed-use property in the capital of the Republic of Georgia. The project is the first Trump branded project in the region...
A land buying frenzy created during the pandemic era permanently disrupted the housing market, according to an inaugural data analysis report on land listings by Realtor.com. Since the first quarter of 2019, land market contracted by 23.6% and has yet to recover. Over...
PennyMac Financial Services Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT), the Official Mortgage Provider of Team USA and the 2028 Los Angeles Olympic and Paralympic Games, had unveiled the “Welcome Home: Athlete Mortgage Program,” an initiative...
The Tampa Bay Rays are seeking to finance their proposed $2.3 billion new stadium with over $1 billion in public funds. USA Today reports Rays CEO Ken Babby is seeking is $750 million from Hillsborough County, $251 million from Tampa, and another $64 million from a...
The Canadian developer Rosehaven Homes has unveiled an extended deposit program for potential buyers in the upcoming The Rebecca Residences condominium project in Hamilton, Ontario. According to the company, purchasers can pay a deposit starting at $250 per week over...
Hits and Misses for the Real Estate Week of April 27-May 1
