Current News & Events
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February
Toll Brothers Opens New Luxury Community in Pennsylvania
Homes are priced from the mid-$900,000s. Continue Reading Toll Brothers Opens New Luxury Community in Pennsylvania
Real Estate Lawyer L. Minnie Bellomo Joins Federman Steifman as a Partner
She was previously a partner in the New York City office of Greenberg Traurig LLP. Continue Reading Real Estate Lawyer L. Minnie Bellomo Joins Federman Steifman as a Partner
Mortgage Application Activity Continues to Drag
The Market Composite Index was down by 5.2% on a seasonally adjusted basis. Continue Reading Mortgage Application Activity Continues to Drag
Bank of Canada Announces First Rate Cut in 4 Years
The central bank said its “monetary policy no longer needs to be as restrictive.” Continue Reading Bank of Canada Announces First Rate Cut in 4 Years
Vancouver Home Sales Slump Despite Spike in Inventory
The total number of properties currently listed for sale is 13,600, a 46.3% increase from one year before. Continue Reading Vancouver Home Sales Slump Despite Spike in Inventory
Detroit’s Largest Residence Goes to Auction After a Year on the Market
Bishop Mansion encompassed 12 bedrooms, 11 bathrooms and multiple fireplaces. Continue Reading Detroit’s Largest Residence Goes to Auction After a Year on the Market
Home Management Solutions Fixle Acquires EasyHome
The terms of the deal were an all-equity transaction. Continue Reading Home Management Solutions Fixle Acquires EasyHome
NY Archdiocese Plans Sale of Vacant Lot for Affordable Housing Complex
The archdiocese owned the property for more than 50 years. Continue Reading NY Archdiocese Plans Sale of Vacant Lot for Affordable Housing Complex
Philadelphia School’s Closure Creates Uncertainty Over Property Portfolio
The school owns nine properties encompassing nearly 600,000 square feet of downtown real estate. Continue Reading Philadelphia School’s Closure Creates Uncertainty Over Property Portfolio
CoreLogic: Home Price Appreciation is Cooling
Looking ahead to next year, CoreLogic’s forecast predicted annual home price gains relaxing to 3.4% in April 2025. Continue Reading CoreLogic: Home Price Appreciation is Cooling
MBA: Q1 Commercial Mortgage Delinquencies on the Rise
Banks and thrifts recorded a 1.03% delinquency rate. Continue Reading MBA: Q1 Commercial Mortgage Delinquencies on the Rise
