Current News & Events
Hits and Misses for the Real Estate Week of Feb. 16-20
A proposed property tax hike in New York City, a California lawmaker fighting for homeowner insurance rights, and a hotel executive forced out of his job because of a toxic friend. Continue Reading Hits and Misses for the Real Estate Week of Feb. 16-20
Home Builders Renew Exemption Call on Building Materials as Trump Plans Global 10% Tariff
The National Association of Home Builders (NAHB) renewed its call to exempt building materials from his renewed tariff targeting after the Supreme Court voted 6-3 to reject President Trump’s expanded use of the International Emergency Economic Powers Act (IEEPA) for...
Mortgage Application Activity and Forbearance Levels on the Rise
“Approximately 65,000 more borrowers are in forbearance compared to one month ago,” said MBA’s Marina Walsh. Continue Reading Mortgage Application Activity and Forbearance Levels on the Rise
Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate
Combs acquired his Holmby Hills estate in 2014 for $39 million and listed it at $60 million prior to his recent arrest. Continue Reading Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate
Mid-Atlantic Brokerages Announce Merger
Both teams operate under the eXp Realty brokerage umbrella. Continue Reading Mid-Atlantic Brokerages Announce Merger
NYC Office Building Sells for $255 Million
The 12-story, 176,588-square-foot property opened in 2022. Continue Reading NYC Office Building Sells for $255 Million
Connecticut Medical Building Sells for $19.1 Million
Built in 1981, the property is 100% leased to three medical tenants. Continue Reading Connecticut Medical Building Sells for $19.1 Million
California Home Sales Rebounded in October
Also on the rise was the statewide median price – $888,740, up 2.4% from the prior month. Continue Reading California Home Sales Rebounded in October
Edina Realty in $3.5 Million Settlement Over Home Warranty Promotions
Edina Realty said it “worked cooperatively with the Attorney General’s Office to answer their questions and explain our industry, our company and how we do business.” Continue Reading Edina Realty in $3.5 Million Settlement Over Home Warranty Promotions
Italian Village Offers $1 Homes to Post-Election Americans
“We just really want, and will focus on, Americans above all,” said Mayor Francesco Columbu. Continue Reading Italian Village Offers $1 Homes to Post-Election Americans
Corcoran Group Announces First DC-Area Franchise
Corcoran McEnearney will become the network’s second largest franchise. Continue Reading Corcoran Group Announces First DC-Area Franchise
Lennar Acquires Arkansas Builder Rausch Coleman Homes
The financial aspects of the deal were not disclosed. Continue Reading Lennar Acquires Arkansas Builder Rausch Coleman Homes
