Featured Real Estate News
DC Office Building Sold for $24 Million, Will Become Rental Housing
The General Services Administration (GSA) is selling a 940,000-square-foot office building in Washington, DC, to a housing developer for $24 million. The Wall Street Journal reports Dalian Development plans to transform the vacant GSA Regional Office Building near...
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
Memphis Notary Sentenced for Role in Real Estate Fraud Scheme
A notary in Memphis was sentenced to 57 months in federal prison for her role in a real estate fraud scheme. According to the charges brought against her, Shaneika Seymore notarized multiple fraudulent quitclaim deeds which purported to transfer ownership from the...
Janitorial Worker Wanted for Stealing Checks and Embezzling from Baton Rouge Realtor
A janitorial worker in Baton Rouge, Louisiana office of Weichert Realtors is being sought by police allegedly stealing checks from the office and writing them to herself. The Advocate reports Ariel Brown is being sought on 48 counts of embezzlement and forgery for the...
Michigan House Speaker Proposes $4.7 Billion Tax on Higher-Income Services to Replace Property Taxes
Michigan House Speaker Matt Hall (R-Richland Township) has proposed a nearly $5 billion per year property tax relief package that will be paid by a new, limited 6% sales tax on select services most used by tourists and high-income residents. WLNS reports Hall called...
News & Current Events
Century Communities to Begin Sales at New South Carolina Townhome Community
Pricing for the residences start in the low $200,000s. Continue Reading Century Communities to Begin Sales at New South Carolina Townhome Community
Trump Says Tech Companies Pledged to Build Power Plants for Their Data Centers
The administration offered no further details on which companies agreed to this request. Continue Reading Trump Says Tech Companies Pledged to Build Power Plants for Their Data Centers
Mortgage Application Activity Remains Flat
The FHA share of total applications decreased to 16.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Remains Flat
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Exclusive News
Report: Home Delistings Up 28% Year-Over-Year
Roughly one in five homes that were delisted over the summer were re-listed within three months. Continue Reading Report: Home Delistings Up 28% Year-Over-Year
Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
Maine Home Sales Up 10.73% from Last Year
The median sales price for homes sold hit $426,000, up 7.85% from October 2024. Continue Reading Maine Home Sales Up 10.73% from Last Year
FHFA Announces 2026 Multifamily Loan Caps
Bob Broeksmit, president and CEO of the Mortgage Bankers Association, welcomed the news. Continue Reading FHFA Announces 2026 Multifamily Loan Caps
RealPage Reaches Settlement with DOJ Over Rent Collusion Case
The company viewed the settlement as a victory. Continue Reading RealPage Reaches Settlement with DOJ Over Rent Collusion Case
Real Estate Finance Firm KV Capital Expands to Toronto
The new office is the company’s third location, joining its Edmonton headquarters that opened in 2006 and a Calgary office that opened in 2023. Continue Reading Real Estate Finance Firm KV Capital Expands to Toronto
CFPB to Continue Regulatory Operations into 2026
Last week, the White House nominated Stuart Levenbach, an associate director in the Office of Management and Budget, to become the next CFPB director. Continue Reading CFPB to Continue Regulatory Operations into 2026
Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
The 1.5 million-square-foot mall was foreclosed on last week, selling for $134 million. Continue Reading Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46
Prior to his career in real estate, he was a sports reporter for the Washington Post. Continue Reading Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46