Current News & Events
Mid-Atlantic Region Records Spike in Listings
The median sold price of $425,000 was a 3.7% uptick from the $410,000 price from 12 months before. Continue Reading Mid-Atlantic Region Records Spike in Listings
Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Years, Receives Conditional Approval
The new bank plans to open later this year and will serve commercial businesses, consumers and private wealth clients. Continue Reading Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Years, Receives Conditional Approval
Groundbreaking for New 342-Unit Multifamily Community in Las Vegas
Construction begins this month, with completion slated for the first quarter of 2027. Continue Reading Groundbreaking for New 342-Unit Multifamily Community in Las Vegas
How the Grinch Sells Real Estate
Some Grinch listings generated as much as an 840% spike in online views versus the non-Grinch listings. Continue Reading How the Grinch Sells Real Estate
VanTrust Real Estate Acquires 32-Acre Site in Utah for Industrial Warehouses
VanTrust anticipates construction on the first two buildings will start in late spring 2025 and deliver in late spring 2026. Continue Reading VanTrust Real Estate Acquires 32-Acre Site in Utah for Industrial Warehouses
Chicago Mayor Postpones Budget Vote Over Opposition to Property Tax Hike
Chicago has a Dec. 31 deadline to get the budget approved, or else it would risk a reduction in its bond rating. Continue Reading Chicago Mayor Postpones Budget Vote Over Opposition to Property Tax Hike
Crowdfunding Company Acquires Distressed Phoenix Multifamily Property
Neighborhood Ventures said it raised over $1 million for the property in less than eight hours through a crowdfunding initiative. Continue Reading Crowdfunding Company Acquires Distressed Phoenix Multifamily Property
Minneapolis’ Wells Fargo Center is Sold to Three Investor Groups
The property last changed hands in 2019 when Starwood Capital Group paid $315 million to buy it. Continue Reading Minneapolis’ Wells Fargo Center is Sold to Three Investor Groups
Matt Nader Named President at First Home Mortgage
He replaces Tim Whittier, who was appointed president in May but stepped down last month. Continue Reading Matt Nader Named President at First Home Mortgage
DOJ Tells Supreme Court It Never Agreed ‘Not to Reopen’ NAR Probe
The DOJ insisted “the words ‘close’ and ‘reopen’ are not mutually exclusive.” Continue Reading DOJ Tells Supreme Court It Never Agreed ‘Not to Reopen’ NAR Probe
Travis Kessler to Retire as Chief Executive at Texas Realtors
Texas Realtors announced that President and CEO Travis Kessler will retire on March 31, 2025, from the position he has held since 2010. Mike Barnett, who has served as the 155,000-member organization’s executive vice president for the past 12 years, will assume...
MBA Proposes Ginnie Mae Early-Buyout Securitization
“An EBO security addresses the timing mismatch within Ginnie Mae’s program,” said MBA’s Bob Broeksmit. Continue Reading MBA Proposes Ginnie Mae Early-Buyout Securitization
