The National Association of Realtors (NAR) has launched a new advertising campaign called “Right by You” that is designed to highlight the role of realtors in helping homebuyers. The first phase of the campaign, entitled “Don’t DIY,” shows the challenges of...
New York City recorded the completion of 33,974 new homes in 2024, the most units completed in a single year since 1965. The Department of City Planning (DCP) attributed this figure to the increase of permitting during 2022 ahead of to the expiration of the 421-a tax...
A pair of Winnipeg real estate agents were disciplined by their industry association following a complaint by a homebuyer over their handling of her property purchase. CBC reports the complaint was brought by first-time buyer Chantal Orsak, who bought a home in 2022...
New York City-based Franklin BSP Realty Trust Inc. (NYSE: FBRT) is acquiring NewPoint Holdings JV LLC, a privately held commercial real estate finance company headquartered in Plano, Texas. The financial terms of the deal were not disclosed. According to the...
A significant lack of affordable housing is preventing major corporations from relocating their headquarters to Cyprus, according to the Mediterranean island’s Association of Large Investment Projects. According to a Cyprus Mail report, the association declared that a...
The US recorded a housing gap of 3.8 million last year, despite having new home construction outpace household formations for the first time since 2016. A new data report from Realtor.com determined it would take 7.5 years to close the housing gap at the 2024 rate of...