Cullinan Properties, a Peoria, Illinois-headquartered real estate firm specializing in commercial and mixed-use developments and acquisitions, announced the appointment of David Schreiber as its chief investment officer. Schreiber joins Cullinan Properties with over...
Sen. JD Vance accepted the Republican Party’s nomination for vice president with an acknowledgment of the challenges facing the U.S. housing market. However, the Ohio senator focused on what he perceived to be the roots of the problems but did not offer strategies for...
California’s closed escrow sales of existing, single-family detached homes totaled a seasonally adjusted annualized rate of 270,200 in June, according to data from the California Association of Realtors (CAR). This represented a 0.8% drop from the revised 272,410...
A bill that was recently introduced in the New York City Council would require landlords to buy, install and maintain air conditioning units or cooling systems for their tenants. Although 91% of the city’s households have air conditioning, roughly 350 New Yorkers die...
The U.S. Department of Housing and Urban Development (HUD) has proposed a new rule to govern the sale of seriously delinquent single-family mortgage loans insured by the Federal Housing Administration (FHA). The proposed rule includes changes made during a...
The annual pace of Canadian housing starts dropped by 9% from May to June, according to new data from Canada Mortgage and Housing Corp. (CMHC), adding the seasonally adjusted annual rate of housing starts in June amounted to 241,672 units, down from 264,929 in May....
