The median-priced U.S. luxury home sold for a record $1.225 million in the first quarter, up 8.7% from a year earlier, according to new data from Redfin (NASDAQ: RDFN). In comparison, the median price for non-luxury homes rose by 4.6% year-over-year to $345,000, also...
Home sales across Pennsylvania spiked by 23.6% from February to March, hitting 8,790 last month, according to new data from the Pennsylvania Association of Realtors (PAR). On a year-over-year basis, however, sales are down 10.5%. Home listings on the market increased...
The Community Associations Institute (CAI) is calling on lawmakers to exempt homeowners’ associations, condominiums, and housing cooperatives from the beneficial ownership interest reporting requirements outlined in the Corporate Transparency Act. Enacted by...
The Real Brokerage Inc. (NASDAQ: REAX), announced the Chicago-headquartered Qamar Group has joined the company. Led by CEO Rafay Qamar and Chief Operating Officer Jana Pierce, the Qamar Group offers 36 agents who serve the Chicago metro area, along with markets across...
One of the most prestigious movie industry events is looking for a new host city. According to a Variety report, the Sundance Film Festival has launched a Request for Information (RIF) process for U.S. cities that would be interested in hosting the annual celebration...
A total of 625 commercial real estate foreclosures were recorded in March, according to new data from ATTOM. This is up 6% from February and up by 117% from March 2023. California had the highest number of commercial foreclosures last month at 187, up 8% from February...
Hits and Misses for the Real Estate Week of May 11-15
