There is good news in the housing market – existing home sales were up in May by 0.8% month-over-month to a seasonally adjusted annual rate of 4.03 million, according to the National Association of Realtors (NAR). However, last month also saw a 0.7% year-over-year...
Pennsylvania Gov. Josh Shapiro refused to directly answer whether he would approve or reject public funding for the state’s NFL teams. The Associated Press reports Shapiro – who was cited as a potential running mate for Kamala Harris in last year’s election – faces...
A Virginia woman was arrested in the fatal hit-and-run death of Sara Burack, the luxury real estate agent who became famous from her appearance on the Netflix series “Million Dollar Beach House.” The New York Post reports Amanda Kempton pleaded not guilty and was...
The Kroger Co. (NYSE: KR) announced plans to close 60 underperforming stores over the next 18 months. Kroger operates 2,730 stores in 35 states and the District of Columbia under multiple brands. In a call with financial analysts after the release the...
Joseph Canizaro, one of New Orleans’ most prominent commercial real estate developers, passed away on Friday at the age of 88 after experiencing a series of strokes. Canizaro first gained industry attention when he developed the 276-foot Lykes Center in 1966 as the...
Federal Housing Finance Agency Director Bill Pulte ratcheted up his disapproval of Federal Reserve Chairman Jerome Powell, with Commerce Secretary Howard Lutnick joining in the criticism of the central bank’s leadership. On Sunday evening, Pulte took the X to continue...
Hits and Misses for the Real Estate Week of March 23-27
