Current News & Events
Merritt Properties Breaks Ground on First Phase of Virginia Business Park
This is the first phase of a planned five-building development located along I-95 between Washington, DC, and Richmond. Continue Reading Merritt Properties Breaks Ground on First Phase of Virginia Business Park
Turkey Revokes Citizenship of 687 Foreign Nationals Linked to Property Fraud Scheme
Turkey grants citizenship to eligible foreign investors through its citizenship-by-investment program. Continue Reading Turkey Revokes Citizenship of 687 Foreign Nationals Linked to Property Fraud Scheme
336-Unit Multifamily Community Launches in Savannah
Construction is being led by Summit Contracting Group, with an anticipated completion in the second quarter of 2028 and stabilized occupancy targeted for the first quarter of 2029. Continue Reading 336-Unit Multifamily Community Launches in Savannah
VA Updates Appraisal Requirements
The VA also adjusted appraisal fees in select regions, adding it was seeking to “to stay competitive and maintain a qualified pool of experienced appraisers.” Continue Reading VA Updates Appraisal Requirements
Speaker Johnson: Housing Bill ‘Will Become Law’
President Trump abruptly cancelled a Capitol Hill signing ceremony for the bill last week. Continue Reading Speaker Johnson: Housing Bill ‘Will Become Law’
NYC’s Historic Aqueduct Racetrack Closed; Future of 210-Acre Site Uncertain
Aqueduct – known to its fans as “The Big A” – opened in 1894 and welcomed Triple Crown winners and champion equine athletes to its track. Continue Reading NYC’s Historic Aqueduct Racetrack Closed; Future of 210-Acre Site Uncertain
Hits and Misses for the Real Estate Week of June 22-26
A Trump about-face on the bipartisan housing bill, a lack of natural gas services in a Brooklyn housing project, and an unlikely real estate advisor for Perez Hilton. Continue Reading Hits and Misses for the Real Estate Week of June 22-26
HUD and VA Announce $33 Million Funding to Support Over 2,500 Homeless Veterans
“No one who served their country should face homelessness,” said VA Secretary Doug Collins. Continue Reading HUD and VA Announce $33 Million Funding to Support Over 2,500 Homeless Veterans
National Competition to Restore Long-Vacant Official Residence of Canada’s Prime Minister
The winning proposal will be announced on Canada Day in 2027. Continue Reading National Competition to Restore Long-Vacant Official Residence of Canada’s Prime Minister
NAR: Two-Thirds of All Realtors are Women
Realtors shell out $9,530 in their total median business expenses, up from $8,010 in 2024. Continue Reading NAR: Two-Thirds of All Realtors are Women
Fugitive Apartment Executive Returned from Israel to Face Fraud Charges in St. Louis
Michael Fein was indicted Aug. 20, 2020, on one count of bank fraud and one count of wire fraud. Continue Reading Fugitive Apartment Executive Returned from Israel to Face Fraud Charges in St. Louis
Calendar Anomaly Boosts Mortgage Delinquency Rate by 15 Basis Points
“While the headline increase in delinquencies may draw attention, the underlying performance picture is stable as delinquencies remain below January 2020 levels,” said ICE’s Andy Walden. Continue Reading Calendar Anomaly Boosts Mortgage Delinquency Rate by 15 Basis Points














