Current News & Events
Greystar in $24 Million Settlement with FTC and Colorado
“The agreement contains no admission of wrongdoing,” said the company in a statement. Continue Reading Greystar in $24 Million Settlement with FTC and Colorado
$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
Jeremy Hoffman Named CFO at Zillow Group
Hoffman succeeds Allen Parker, who served in that position since 2018 and will transition to an advisory role. Continue Reading Jeremy Hoffman Named CFO at Zillow Group
Survey: Apartment Hunters Place More Emphasis on Their Dogs’ Needs Than Themselves
70% of Gen Z apartment renting dog owners said they would consider moving if they could tell their dog was unhappy in their residence. Continue Reading Survey: Apartment Hunters Place More Emphasis on Their Dogs’ Needs Than Themselves
Home Sales Continue to Plummet in New York State
Only 31,177 homes were available for sale in New York State last month. Continue Reading Home Sales Continue to Plummet in New York State
Disney Cancels $1 Billion Real Estate Project in Florida
The planned Orlando-area project would have relocated more than 2,000 Disney jobs from California to Florida. Continue Reading Disney Cancels $1 Billion Real Estate Project in Florida
Market Spotlight: Parking Space Debate Reshapes Detroit’s Real Estate Scene
“Every acre of land dedicated to parking is an acre that can’t be used for jobs, housing, businesses or parks,” said the advocacy group Parking Reform Network. Continue Reading Market Spotlight: Parking Space Debate Reshapes Detroit’s Real Estate Scene
Freddie Mac: Another Mortgage Rate Uptick
“Homebuyers are getting used to current rates and continue to pursue homeownership,” said Freddie Mac’s Sam Khater. Continue Reading Freddie Mac: Another Mortgage Rate Uptick
Unenchanted April: Existing Home Sales Down Last Month
The median existing-home price for all housing types in April was $388,800. Continue Reading Unenchanted April: Existing Home Sales Down Last Month
US Rental Market Growth Slows to Near-Stagnation
This was the slowest growth rate since the beginning of the pandemic. Continue Reading US Rental Market Growth Slows to Near-Stagnation
Florida Home Sales Down 17.2% in April
Existing condo-townhouse sales totaled 10,040, a 26.8% slide from April 2022. Continue Reading Florida Home Sales Down 17.2% in April
Sam Zell, Prominent Commercial Real Estate Executive, Dies at 81
As of February, Zell had an estimated net worth of $5.3 billion, according to Forbes. Continue Reading Sam Zell, Prominent Commercial Real Estate Executive, Dies at 81
