Current News & Events
Sen. Tillis Reiterates Plan to Oppose Trump’s Fed Pick While Powell is Under DOJ Probe
“Kevin Warsh is a qualified nominee with a deep understanding of monetary policy,” said Tillis. Continue Reading Sen. Tillis Reiterates Plan to Oppose Trump’s Fed Pick While Powell is Under DOJ Probe
Killam Apartment REIT Completes $29.6 Million Purchase of Halifax Apartment Complex
Forrest Green was constructed in 1973. Continue Reading Killam Apartment REIT Completes $29.6 Million Purchase of Halifax Apartment Complex
Peak Roofing Partners Acquires Action Roofing
Action Roofing was founded in 1986 and provides roofing solutions to residential and homebuilder clients Continue Reading Peak Roofing Partners Acquires Action Roofing
California’s Median Home Price Sets New Record High
The statewide unsold inventory index 2.6 months in May, unchanged from April and up from 2.1 months in May 2023. Continue Reading California’s Median Home Price Sets New Record High
Maryland Home Sales Down 3.4% During May
“The housing stats for May read like a spring housing market in the midst of an inventory crisis,” said Chris Hill, 2024 president of Maryland Realtors. Continue Reading Maryland Home Sales Down 3.4% During May
La Rosa Holdings Plans to Acquire Controlling Interest in Red Door Title
The financial terms of the acquisition were not disclosed. Continue Reading La Rosa Holdings Plans to Acquire Controlling Interest in Red Door Title
Commercial/Multifamily Mortgage Debt Outstanding Up in Q1
Multifamily mortgage debt alone increased to $2.10 trillion from the fourth quarter of 2023. Continue Reading Commercial/Multifamily Mortgage Debt Outstanding Up in Q1
Real Estate Investor Pleads Guilty to $54.7M in Mortgage Fraud Scams
Aron Puretz faces a maximum penalty of five years in prison. Continue Reading Real Estate Investor Pleads Guilty to $54.7M in Mortgage Fraud Scams
Zillow: US Needs 4.5 Million Homes to Cover the Housing Shortage
During 2022, 1.4 million homes were built, but the number of U.S. families increased by 1.8 million that year. Continue Reading Zillow: US Needs 4.5 Million Homes to Cover the Housing Shortage
Redfin: Home Price Acceleration Has Cooled
On a year-over-year basis, home prices were up by 7.2%. Continue Reading Redfin: Home Price Acceleration Has Cooled
Realtor.com Targets Buyer’s Agent Campaign at Underserved Communities
The campaign’s target audience includes “BIPOC, AANHPI, Hispanic, LGBTQ+, first-time, Veteran, and lower-income buyers.” Continue Reading Realtor.com Targets Buyer’s Agent Campaign at Underserved Communities
Mill Creek Residential Acquires 290-Unit Apartment Community in Austin
The 290-unit, three-story community was built in 1997. Continue Reading Mill Creek Residential Acquires 290-Unit Apartment Community in Austin
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