Current News & Events
Chicago Boosts Hotel Tax, Making it the Nation’s Highest
The tax increase applies to room rates at hotels with 100 or more rooms. Continue Reading Chicago Boosts Hotel Tax, Making it the Nation’s Highest
Maine Home Values Increased in February While Sales Declined
February’s home sales across the Northeast were down 4.1% year-over-year while the median sales price rose by 3.3% to $479,800. Continue Reading Maine Home Values Increased in February While Sales Declined
T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store
The company expects to create 200 jobs with the new store. Continue Reading T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store
David G. Paulson to Become CEO at Federal Home Loan Bank of Pittsburgh
Paulson replaces Winthrop Watson, who announced his retirement in April. Continue Reading David G. Paulson to Become CEO at Federal Home Loan Bank of Pittsburgh
Harris Pledges to Build 3 Million New Homes if Elected
The Democratic presidential nominee is only now offering a glimpse into her economic proposals. Continue Reading Harris Pledges to Build 3 Million New Homes if Elected
NAR Rival American Real Estate Association Begins Membership Drive
“We’ve been busy behind the scenes these last few months building the foundation for your new trade association,” said the co-founders in their email alert. Continue Reading NAR Rival American Real Estate Association Begins Membership Drive
Investor Home Purchases Recorded Biggest Increase in 2 Years
San Jose and Las Vegas recorded 27% year-over-year increases in investor home purchases during the second quarter. Continue Reading Investor Home Purchases Recorded Biggest Increase in 2 Years
Fewer Foreign Buyers Are Purchasing Texas Homes
About 37% of international buyers of Texas houses came from Mexico. Continue Reading Fewer Foreign Buyers Are Purchasing Texas Homes
Builder Confidence at 8-Month Low
Nonetheless, the NAHB is expecting a rosier near future. Continue Reading Builder Confidence at 8-Month Low
CBRE Adjusts 2024 Hotel Forecast, Citing Economic Conditions
CBRE is now projecting a 1.2% increase in revenue per available room growth for 2024. Continue Reading CBRE Adjusts 2024 Hotel Forecast, Citing Economic Conditions
Mortgage Rates Record Slight Uptick
The 30-year fixed-rate mortgage averaged 6.49% as of Aug. 15, up from last week when it averaged 6.49%. Continue Reading Mortgage Rates Record Slight Uptick
Trump Organization Plans Residential and Retail Project for Florida Golf Resort
The new project, which would carry the Trump brand, is budgeted at costing between $2.5 billion and $3 billion. Continue Reading Trump Organization Plans Residential and Retail Project for Florida Golf Resort
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