Wells Fargo (NYSE:WFC) is completing a deal to sell a downtown San Francisco office property at a fraction of what it paid two decades ago. CoStar News, sourcing its coverage from unnamed “people with direct knowledge of the deal,” reported the 355,000-square-foot...
The real estate software company Yardi added a new feature to their rental listing portal Point2 that will help Nova Scotia residents who were displaced in ongoing wildfires find temporary shelter. To locate these properties, evacuees can use the filter “NS Wildfire...
After today’s announcement by the Federal Reserve that it is pausing its strategy of raising interest rates, one of the nation’s most prominent housing economists has called on the central bank to back off from future hikes. Lawrence Yun, the chief...
A district court judge has granted permission for an office property owner to evict Elon Musk’s Twitter Inc., from its space in a Boulder, Colorado-based complex. According to a BizWest.com report, The John Buck Co. and Lot 2 SBO LLC, co-owners of the S’Park...
The Israeli housing market has hit a major pothole, with home sales down 55% year-over-year in April. According to a Times of Israel analysis of Israeli Finance Ministry data, April’s home sales volume is the lowest level for the month in 21 years (not counting the...
More than nine of every 10 U.S. homeowners with mortgages (91.8%) have an interest rate below 6%, according to a new report from Redfin (NASDAQ:RDFN). This is slightly below the record high of 92.9% hit in mid-2022. Redfin also noted that 82.4% of mortgaged homeowners...
