The Federal Reserve announced it will not cut rates today, maintaining the target range for the federal funds rate at 4.25% to 4.5%. “In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will...
The Trump administration abruptly reversed course and rescinded its order to pause federal grants, loans and other financial-assistance programs. The Wall Street Journal reported the decision comes one day after a federal judge temporarily blocked the directive from...
The Canadian farm goods store chain Peavey Mart announced it is closing all its locations. The Red Deer, Alberta-headquartered company recently closed 22 stores in Ontario and Nova Scotia. In a posting yesterday on social media, the company stated it “had sought and...
The Pennsylvania Association of Realtors (PAR) installed Bill Lublin as the organization’s 102nd president. Lublin is CEO of Century 21 Advantage Gold in Philadelphia and owner of Lublin Corporation Realtors, a property management firm. Lublin served on PAR’s board of...
Indianapolis-headquartered Simon Property Group Inc. (NYSE: SPG) has acquired a large site that will be developed into a Nashville area luxury shopping and lifestyle destination known as Nashville Premium Outlets. The new 325,000 square foot mixed-use center will be...
Apartment rents in Seattle’s downtown rose for the first time in 17 months in December, according to data from Redfin (NASDAQ: RDFN). The rent hike was a 2.5% year-over-year uptick to a median of $2,000. Seattle’s median rent seesawed over the past five years,...
Florida’s Closed and Pending Home Sales Increased in May
