The Illinois Realtors Relief Foundation has donated $30,000 to help residents of Coles and Effingham counties who were impacted by the tornadoes that damaged their communities on June 17. Roughly 1,000 homes endured storm damage, and some are beyond repair and will...
The real estate investment firm Kennedy Wilson has partnered with the Japanese firms Kenedix Inc. and Hulic Co., Ltd. to acquire Carraway, a 421-unit multifamily community in the New York City suburb of West Harrison, New York, for $237 million. The Westchester...
Federal Realty Investment Trust (NYSE:FRT), the North Bethesda, Maryland-based owner/operator and developer of retail-based properties, has hired Paige Pitcher for the newly created role of senior vice president of digital innovation. In her new job, Pitcher will...
A pair of newly published data reports offer mixed results on home price activity during April. The S&P Cotality Case-Shiller US National Home Price NSA Index, covering all nine U.S. census divisions, reported a 0.8% annual gain in April, up from a 0.7% rise in...
The median luxury home sale price rose 4.7% year-over-year to $1.37 million during the three months ending May 31, according to a data report from Redfin. That surge is more than triple the 1.5% gain in non-luxury sale prices. Pending sales of luxury homes rose 5.2%...
The administration of New York City Mayor Zohran Mamdani has disclosed how it plans to enforce its new so-called “pied-à-terre tax” on luxury second homes. The New York Post reports the city’s Department of Finance (DOF) will contact the owners of the targeted...
Q2 Texas Home Prices Held Steady
