Current News & Events
Drop in Pennsylvania Home Sales and Prices Blamed on Severe Winter Weather
Last month, Pennsylvania home sales decreased to 4,560, down 45% from December and down nearly 36% year-over-year. Continue Reading Drop in Pennsylvania Home Sales and Prices Blamed on Severe Winter Weather
New York State Home Sales Declined 7.5% in January
The statewide median sales price rose 7.2% year-over-year to $445,000. Continue Reading New York State Home Sales Declined 7.5% in January
Report: Home of Missing Texas Realtor May Be Sold
Suzanne Clark Simpson was last seen alive on the evening of Oct. 6. Continue Reading Report: Home of Missing Texas Realtor May Be Sold
Housing Starts Dropped in October
Single-family housing completions in October were at a rate of 986,000, a 1.4% drop from the revised September rate of 1 million. Continue Reading Housing Starts Dropped in October
Oil Property Acquirer Pays $245 Million for 46,000-Acre Texas Property
LandBridge was formed in 2021 by Five Point Energy LLC, a private equity firm. Continue Reading Oil Property Acquirer Pays $245 Million for 46,000-Acre Texas Property
Blackstone Buys Majority Stake in Jersey Mike’s Sub Sandwich Chain
Jersey Mike’s Subs has more than 3,000 locations nationwide that are open and in development. Continue Reading Blackstone Buys Majority Stake in Jersey Mike’s Sub Sandwich Chain
Canadian Housing Starts Up in October
CMHC Chief Economist Bob Dugan said, “The increases in the monthly SAAR in Toronto and Vancouver are a promising sign for Ontario and British Columbia.” Continue Reading Canadian Housing Starts Up in October
A Phil Hall Op-Ed: The Diminished Importance of the HUD Secretary Role
Editor Phil Hall considers why the role of HUD secretary seems none-too-important today. Continue Reading A Phil Hall Op-Ed: The Diminished Importance of the HUD Secretary Role
Grant Cardone Considers Run for California Governor
Gavin Newsom has been governor since 2019 Continue Reading Grant Cardone Considers Run for California Governor
NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending
The report detailed how NAR’s leaders used corporate credit cards to buy tickets to the Broadway show “Hamilton” when it opened in 2015. Continue Reading NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending
Builder Confidence Up for Third Straight Month
31% of builders cut home prices in November, with an average price reduction at 5%. Continue Reading Builder Confidence Up for Third Straight Month
FHFA Raises Multifamily Loan Purchase Cap for GSEs
Multifamily loans that finance workforce housing will be excluded from the 2025 limits. Continue Reading FHFA Raises Multifamily Loan Purchase Cap for GSEs
