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 Alamo Drafthouse Cinema chain is reportedly available for sale. According to a report by the entertainment news outlet Deadline culled from unnamed sources, there is no asking price floated for the chain, which spans 41 locations across 13 states. Unlike other...
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...
Rexford Industrial Realty Inc. (NYSE: REXR), a real estate investment trust focused on industrial properties in Southern California, has acquired approximately 3 million square feet of industrial properties from Blackstone (NYSE: BX) for $1 billion. The combined...
Publisher’s View: In a recent publication by the National Association of Realtors (NAR) titled “The Truth About the NAR Settlement Agreement,” significant strides toward transparency and ethical conduct within the real estate industry are...