Sales of new single‐family houses during February were at a seasonally adjusted annual rate of 662,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. Last month’s activity was 0.3% below the revised...
Florida’s housing market recorded an increase in listings and higher median prices during February, according to new data from Florida Realtors. Closed sales of single-family homes statewide last month totaled 19,040, up 2.2% from one year earlier, while existing...
Attacks on realtors by the Wall Street Journal and President Biden, a pair of unusual HUD endeavors and Chicago voters rejecting the “mansion tax.” From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 18-22....
State Farm General Insurance Co. announced it will not be renewing 72,000 property insurance policies in California. In a statement on its website, the Bloomington, Illinois-headquartered carrier stated it “had to make some difficult but necessary decisions that will...
Compass Inc. (NYSE:COMP) has agreed to a $57.5 million settlement that will resolve allegations that it conspired to maintain inflated real estate commissions. In a statement, the company said the settlement would not “materially impact its future operations but...
After news reports of a Queens homeowner getting arrested for changing the locks on her property to keep a squatter from accessing the house, a New York legislator has introduced a bill to keep squatters from claiming tenant rights. WABC-TV reported State Assemblyman...
CMBS Delinquency Rate Dips by Single Basis Point
