Current News & Events
Owner of Minnesota Lodge Resort Charged with Torching the Property
He submitted a $16.5 million insurance claim, citing “a fire of unknown origin” as the cause of the destruction. Continue Reading Owner of Minnesota Lodge Resort Charged with Torching the Property
Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
The 600,000-square-foot shopping destination features retailers such as Nordstrom Rack, Dick’s, Marshalls, Ross, Planet Fitness, and Barnes and Noble. Continue Reading Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
Illinois Debuts New Homebuyer Assistance Program
Illinois HFA1 is not exclusive to first-time buyers. Continue Reading Illinois Debuts New Homebuyer Assistance Program
Median Asking Rent Price Has First Year-Over-Year Drop in Three Years
However, this decline was fueled primarily from one region. Continue Reading Median Asking Rent Price Has First Year-Over-Year Drop in Three Years
Baby Boomers and Millennials are Moving, But Not to the Same Places
“Domestic migration continues to be a key theme shaping the housing market,” said Anna Zhou, economist for Bank of America Institute. Continue Reading Baby Boomers and Millennials are Moving, But Not to the Same Places
FBI Arrests Developer at Center of Texas AG Impeachment
Nate Paul has been under federal investigation since 2019. Continue Reading FBI Arrests Developer at Center of Texas AG Impeachment
Construction Begins on Frank Gehry’s Toronto Residential Towers
“Toronto is my hometown, and I wanted to do right by it,” said Gehry. Continue Reading Construction Begins on Frank Gehry’s Toronto Residential Towers
Mortgage Rates Down Slightly This Week
“Mortgage rates decreased after a three-week climb,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Down Slightly This Week
Foreclosure Filings Up 14% From One Year Ago
Lenders started the foreclosure process on 23,245 properties in May, up 4% from the previous year and up 5% from one year earlier. Continue Reading Foreclosure Filings Up 14% From One Year Ago
Feds Seek Input on Proposed Guidance on Real Estate Reconsiderations of Value
The agencies said the proposed guidance would also “help identify, address, and mitigate valuation discrimination risk.” Continue Reading Feds Seek Input on Proposed Guidance on Real Estate Reconsiderations of Value
When You Need a Six-Digit Salary to Avoid Being Rent Burdened
The least rent-burdened market is Wichita, Kansas, where the average renter needs to make just less than $40,000. Continue Reading When You Need a Six-Digit Salary to Avoid Being Rent Burdened
NASCAR’s Kyle Busch Lists North Carolina Mansion for $13 Million
Busch purchased the property for $7.5 million in 2012, which was a record at the time for the Charlotte area. Continue Reading NASCAR’s Kyle Busch Lists North Carolina Mansion for $13 Million
