Apex Commercial Exchange (ACE) has launched its new platform for commercial real estate auctions. According to the New York City-based ACE, the new platform enables brokers and owners to build fully customized asset pages, securely host diligence materials, generate...
A 66-unit multifamily apartment community in the affluent New York City suburb of Greenwich, Connecticut, has been sold for $20.7 million. The sale of Putnam Green, which was built in 1976, is the largest multifamily transaction in Greenwich since 2012. The sale...
Vice President JD Vance is questioning whether Federal Reserve Chairman Jerome Powell stopped lowering interest rates because returned to the presidency. In a posting on X, Vance wrote: “I’d love to hear an argument for why Powell cut rates 50 points right before an...
Elon Musk is no longer in Washington, DC, but the job-slashing impact of his Department of Government Efficiency (DOGE) has a lingering impact on the local housing market. A new data report from Bright MLS found over half (54%) of DC-area agents reported federal...
The number crunchers at WalletHub have published their 2025 version of the Best- and Worst-Run Cities in America, focusing on 148 of the nation’s largest municipalities. The rankings for this study were determined with a “Quality of Services” score made up of 36...
Illinois recorded 12,674 single-family home and condominium sales during May, a 4.7% decline from the 13,300 residences sold one month earlier. According to data from Illinois Realtors, the decline in sales occurred despite the 6% year-over-year growth in the...
Hits and Misses for the Real Estate Week of March 23-27
