A civil rights organization is seeking to force the reversal of a state-approved moratorium on affordable housing in an affluent Connecticut down. The median household income in New Canaan, Connecticut is $214,977, and the cost of living is 30% higher than the average...
HomeStreet Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, has agreed to sell to Bank of America (NYSE:BAC), on a servicing retained basis, $990 million of multifamily commercial real estate loans, at a price, including the value of the retained servicing,...
Homebuyers seeking to buy property using Bitcoin (BTC) will find the most expensive and most affordable properties in Asia, with average property prices around 2.5 BTC. A new data report from NFTevening used a Bitcoin-to-US Dollar exchange rate of $100,000 per BTC,...
The real estate development firm Thompson Thrift announced plans to develop Heritage on Hover, a 324-unit Class A multifamily community in the Boulder, Colorado-area suburb of Longmont. The property will encompass three-story buildings with one-, two- and...
The president of South Asia’s Republic of Maldives has shut down his government’s Ministry of Housing, Land and Urban Development and transferred its functions to other government ministries. The news site Avas reports President Mohamed Muizzu transferred the Housing...
A total of 3,462 homes were sold in Kentucky during November, a 16.6% drop from October but also a 4.3% year-over-year increase. According to data from Kentucky Realtors, the state offered 4,425 new listings last month, a 27.8% decline from October but also a 2%...
Hits and Misses for the Real Estate Week of April 27-May 1
