New Jersey’s Bergen County, an upscale suburb of New York City, has announced a five-year agreement with blockchain software firm Balcony that will digitize all its property deeds on the Avalanche network. CoinDesk reports this endeavor will impact the property record...
Ethan Penner, who is credited as being the father of the commercial mortgage-backed securities (CMBS) sector, is setting his sights on the 2026 race for California governor. The Real Deal reports that Penner, the CEO of Calabasas-based Mosaic Real Estate Investments,...
Pending home sales sank during April, according to new data from the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s forward-looking indicator of home sales based on contract signings – tumbled by 6.3% to 71.3 in April from March....
The housing market’s supply-and-demand imbalance has tilted in favor of homebuyers, according to a pair of new data reports. Redfin (NASDAQ: RDFN) reports there is currently an estimated 1.9 million home sellers nationwide competing for an estimated 1.5 million...
A South Dakota businessman is launching a campaign for governor by pledging to eliminate the state’s property taxes. Sioux Falls Live reports Toby Doeden is seeking the Republican nomination in the 2026 race. In addition to ending the state’s property taxes, is also...
Missouri Gov. Mike Kehoe has called a special session of the state legislature that will review a bill to enable the NFL’s Kansas City Chiefs and MLB’s Kansas City Royals to issue bonds up to the annual amount they generate in state tax revenue over 30 years, in turn...
Hits and Misses for the Real Estate Week of April 27-May 1
