Current News & Events
Chicago Bank Becomes First to Fail in 2026
As of Sept. 30, 2025, Metropolitan Capital Bank & Trust reported total assets of $261.1 million and total deposits of $212.1 million. Continue Reading Chicago Bank Becomes First to Fail in 2026
Homebuyers in 2025 Scored the Biggest Price Discounting in 13 Years
Redfin found only four metros where the typical homebuyer paid more than the asking price last year. Continue Reading Homebuyers in 2025 Scored the Biggest Price Discounting in 13 Years
Alabama Home Sales Up for Fourth Consecutive Month
The median sales price in May fell by $23,692 to $204,184, a 10.4% year-over-year decline. Continue Reading Alabama Home Sales Up for Fourth Consecutive Month
Justin Timberlake Sells 127-Acre Tennessee Property at Discount
The singer/actor listed the property last summer for $10 million. Continue Reading Justin Timberlake Sells 127-Acre Tennessee Property at Discount
Redfin: Only 39% of Renters Can Afford a Median-Priced Apartment
During May, the $1,653 median apartment asking rent in May was $47 below its record high. Continue Reading Redfin: Only 39% of Renters Can Afford a Median-Priced Apartment
Treasury Department Rolls Out New Initiative to Increase Housing Affordability
“Given the scale of the challenge, we must and will continue to do more,” said Treasury Secretary Janet Yellen. Continue Reading Treasury Department Rolls Out New Initiative to Increase Housing Affordability
Joe Jaeger, New Orleans Hotelier and Developer, Dies at 77
Jaeger would often describe himself as “just a plumber from the Ninth Ward.” Continue Reading Joe Jaeger, New Orleans Hotelier and Developer, Dies at 77
Home Depot Foundation Grants $9M to Provide Housing for Homeless Veterans
The funds will support the construction of more than 300 new housing units and the repair of nearly 200 additional units. Continue Reading Home Depot Foundation Grants $9M to Provide Housing for Homeless Veterans
CBRE to Combine Project Management Business with Turner & Townsend Subsidiary
The combined business will be led by Turner & Townsend CEO Vincent Clancy. Continue Reading CBRE to Combine Project Management Business with Turner & Townsend Subsidiary
Hits and Misses for the Real Estate Week of June 17-21
Disappointing housing and personal finance data reports, property tax breaks for an unlikely business and a land transfer that rights a historic wrong. Continue Reading Hits and Misses for the Real Estate Week of June 17-21
New Listings and Median Home Prices Up in Florida, But Sales Are Down
Single-family existing homes were at a 4.4-months’ supply while condo-townhouse inventory was at a 7.2-months’ supply. Continue Reading New Listings and Median Home Prices Up in Florida, But Sales Are Down
New York State Home Sales Continue to Decline
The state’s median sales prices soared by 8.3%. Continue Reading New York State Home Sales Continue to Decline
Recent Posts
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 Vete…
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