The story behind the Sitzer/Burnett case, squatters getting the boot in Florida and an iconic hotel’s demise. From the wild and wooly world of real estate, here are the Hits and Misses for the week of March 25-29. Miss: Placing Blame Elsewhere. Rhonda Burnett, a...
A slew of new listings in Virginia helped to boost the state’s home sales in February, according to new data from Virginia Realtors. Last month saw 1,400 more new listings compared to one year earlier, a 16.7% upswing. This resulted in 16,004 homes on the market, a...
The Biden administration is planning to change the cap on how much rents can go up in some federally subsidized affordable housing complexes. The Washington Post, citing unnamed “senior administration officials,” reported the yearly rent increases in properties that...
The median down payment for U.S. homebuyers in February was $55,640, according to new data report from Redfin (NASDAQ: RDFN). This marks a 24.1% upswing from $44,850 one year earlier, which is the largest annual percentage increase since April 2022. Home prices rose...
The tallest building in Brooklyn is facing a public foreclosure auction after its developer defaulted on a mezzanine loan. According to a GlobeSt.com report, the property in question is the 93-story residential Brooklyn Tower, which was completed last year by JDS...
A Frank Lloyd Wright house outside of Chicago has been listed for the first time since 1976 for $779,000. According to Robb Report coverage, the Prairie-Style cottage known as the Warren Hickox House in Kankakee, Illinois, is on a roughly half-acre property. The...
Survey: Nearly Half of Americans Take NIMBY Approach to Data Centers
