Featured Real Estate News
Foreclosure Auction Volume at 6-Year High
Completed foreclosure auctions during the first quarter were up by 33% from one year earlier and up by approximately 10% from the same period two years earlier, according to data from Auction.com. The first quarter’s activity was at a six-year high as distressed...
Foreclosure Auction Volume at 6-Year High
26 Metropolitan Statistical Areas (MSAs), or 27%, recorded higher foreclosure sales rates than one year ago. Continue Reading Foreclosure Auction Volume at 6-Year High
Trump Expects Rate Cuts with Warsh as Fed Chief, But Warsh Stresses Fed Independence
Kevin Warsh, President Trump’s nominee to become the next Federal Reserve chairman, vowed to maintain the central bank’s independence after the president said he expected Fed rate cuts once Warsh took office. In a CNBC interview this morning ahead of Warsh’s...
Pending Home Sales Up 1.5% in March
Pending home sales in March increased by 1.5% from February but were down by 1.1% from one year ago, according to the National Association of Realtors (NAR). Month-over-month pending home sales increased in the Northeast and South but declined in the Midwest and West....
Trump Organization to Develop 70-Story Mixed-Use Development in Republic of Georgia
The Trump Organization, in collaboration with five development and investment companies, has unveiled plans for Trump Tower Tbilisi, a 70-story mixed-use property in the capital of the Republic of Georgia. The project is the first Trump branded project in the region...
News & Current Events
Report: Land Prices Soared 77% Since the Pandemic
Raw land has appreciated the most of any development category, up 86.5% since the first quarter of 2019. Continue Reading Report: Land Prices Soared 77% Since the Pandemic
PennyMac Unveils Special Mortgage Program for Team USA Olympic Athletes
PennyMac Financial Services Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT), the Official Mortgage Provider of Team USA and the 2028 Los Angeles Olympic and Paralympic Games, had unveiled the “Welcome Home: Athlete Mortgage Program,” an initiative...
Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium
“Should this commitment ultimately not be achievable, we would have no choice but to evaluate alternatives,” said Rays CEO Ken Babby. Continue Reading Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium
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Exclusive News
WRS Inc. Breaks Ground on $1.2 Billion DC-Area Mixed-Use Project
Construction on Phase 1 infrastructure, including demolition, road networks and storm drain systems, is currently underway. Continue Reading WRS Inc. Breaks Ground on $1.2 Billion DC-Area Mixed-Use Project
Philip O’Bannon to Lead Newmark’s Infrastructure Capital Markets Business
O’Bannon joins Newmark from Citigroup, where he spent seven years in the power and utilities investment banking group. Continue Reading Philip O’Bannon to Lead Newmark’s Infrastructure Capital Markets Business
Existing Home Sales Down During March
The median existing home sales price of $408,800 marked a 1.4% increase from March 2025. Continue Reading Existing Home Sales Down During March
A Phil Hall Op-Ed: How Does ChatGPT View Honesty Among Realtors?
The question “Are realtors honest?” is asked to ChatGPT. How do you think it responds? Continue Reading A Phil Hall Op-Ed: How Does ChatGPT View Honesty Among Realtors?
Texas Gov. Abbott Proposes Tax Relief Plan
“Texas homeowners and renters are being squeezed as their local jurisdictions tout bloated budgets,” said Abbott. Continue Reading Texas Gov. Abbott Proposes Tax Relief Plan
Peachtree Group Taps Mike Morey as EVP for Capital Markets
Earlier in his career, he served as vice president and regional manager at Intervest Mortgage Investment Co. Continue Reading Peachtree Group Taps Mike Morey as EVP for Capital Markets
Activist Investor Withdraws Demand for Board Change at CoStar Group
Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, has withdrawn his threat of a proxy fight to force a change of leadership at CoStar Group (NASDAQ: CSGP). According to a Reuters report citing...
Interra Capital Group Acquires Houston’s Greenway Plaza Office Campus
The property is roughly 57% occupied. Continue Reading Interra Capital Group Acquires Houston’s Greenway Plaza Office Campus
National Mortgage Bankers Promotes Yasser Valdes Herrera to President of Americasa Mortgage Platform
Herrera first joined the company in 2022 as a loan officer before being promoted to producing sales manager. Continue Reading National Mortgage Bankers Promotes Yasser Valdes Herrera to President of Americasa Mortgage Platform