Two new data reports have affirmed the continuation of year-over-year home price acceleration. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 1.5% annual gain in June, up from a 1.2% rise in the previous month. The 10-City Composite...
California Gov. Gavin Newsom and wife Jennifer Siebel Newsom have listed their Sacramento-area mansion for sale at $7.5 million. The New York Post reports the 12,000-square-foot Fair Oaks home is located on an eight-acre parcel in a gated community. The listing for...
A $350 million retail and residential district is being planned for The Bend, a master-planned, mixed-use riverfront development spanning more than 120 acres along the Tennessee River in downtown Chattanooga. A partnership of the developers Urban Story Ventures and...
One Marina Park Drive, a 494,938-square-foot Class A office tower in Boston’s Seaport District, has been sold for $435 million. The 18-story building was constructed in 2010 as the anchor commercial asset of The Fallon Company’s $4 billion Fan Pier...
I have lost track of how many times housing has supposedly been six months away from getting better. There is always another forecast. Rates are going to come down in the spring. Buyers will return after some future event. Inventory will improve next year. The Fed...
Philadelphia’s Tioga-Franklin Savings Bank has become the nation’s fifth bank failure of the year. The $68 million-asset Black-owned bank was closed on Friday by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corp....