Sales of new single-family houses during February were at a seasonally adjusted annual rate of 676,000, according to estimates published by the US Census Bureau and the Department of Housing and Urban Development. This is 1.8% above the revised January rate of 664,000...
The National Association of Realtors (NAR) has unveiled “Multiple Listing Options for Sellers,” a new policy that is designed to exist in conjunction with its Clear Cooperation Policy. According to NAR, the policy introduces a new category of exempt listings called...
Two new data reports covering January’s housing market are showing continued acceleration in home prices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 4.1% annual gain in January, up from 4% the previous month. The 10-City Composite...
The notorious Malibu, California, property of rapper Kanye West that was acquired last September at a severely discounted price is back on the market for $39 million. The Wall Street Journal reports the property’s owner Belwood Investment’s CEO Bo Belmont, is...
Japan’s Nomura Real Estate is entering the UK rental home market through a new partnership with Legal & General, the London-headquartered financial services and asset management firm. Reuters reports the partnership is planning to build more than 1,000 rental...
A New York City real estate agent who gained a wide following through YouTube videos of luxury properties has been charged with attempted murder after allegedly striking a New Hampshire police officer with his car and then taking off. The Real Deal reports Erik...
Hits and Misses for the Real Estate Week of June 15-19
