A total of 30,227 residential properties had foreclosure filings in August, according to new data from ATTOM. This is down 5.3% from July and down 11% from August 2023. Nationwide, one in every 4,662 housing units had a foreclosure filing last month. The states with...
The Canadian-based Alimentation Couche-Tard Inc. (ACT) (TSX:ACT) is reportedly planning to reapproach Japan’s Seven & i Holdings (OTCMKTS: SVNDY) with a new acquisition bid, despite the U.S. Federal Trade Commission’s (FTC) reported it was pursuing an antitrust...
The European Central Bank (ECB) announced its second rate cut of the year by lowering its deposit facility rate by 25 basis points to 3.50%. The ECB’s interest rates on the main refinancing operations and the marginal lending facility were also decreased to 3.65% and...
The historic Gateway Hotel in El Paso, Texas, has been temporarily closed by a state judge amid accusations that the property’s owner enabled the Venezuelan criminal gang Tren de Aragua to operate from its premises. The El Paso Times reported Judge Maria Salas-Mendoza...
The number of active listings in the Mid-Atlantic region totaled 37,340 at the end of August, up 21.4% year-over-year, according to new data from Bright MLS. This represented a 2.06-month supply regionwide. Sales activity last month was more robust in the Mid-Atlantic...
A historic estate outside of Washington, DC, that once hosted George Washington has been listed for $11.5 million. Mansion Global reports the 43-acre estate in Purcellville, Virginia, features a manor house built in 1741 for Israel and Sarah Thompson, prominent...
Hits and Misses for the Real Estate Week of May 11-15
