Featured Real Estate News
Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Funnyman Pete Davidson wasn’t laughing all the way to the bank following the sale of his Staten Island condominium. According to the New York Post, the “Saturday Night Live” alum sold the 1,600-square-foot residence at a listing price of $850,000 – the final sale...
Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Davidson has been trying to sell the condo since 2022, when he listed it for $1.3 million. Continue Reading Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Harrison Sitomer Promoted to President at SL Green Realty
SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, has promoted Harrison Sitomer to president. Sitomer began his career at SL Green as an intern and rose through the organization, serving in a variety of investment roles before his January 2022...
LGI Homes Debuts Seattle-Area Community
LGI Homes Inc. (NASDAQ: LGIH) has expanded its presence in the Seattle market with the grand opening of Meadow Brook, a new community in Puyallup, Washington. Meadow Brook features a collection of 53 three-, four-, and five-bedroom homes ranging from approximately...
FHFA and GSEs to Cease Using Anthropic’s AI Products
The Federal Housing Finance Agency (FHFA), Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) will phase out their use of the artificial intelligence products offered by Anthropic. In a post to his personal X account, FHFA Director Bill Pulte announced, “U.S....
News & Current Events
Puerto Rican Privacy Groups File Lawsuit to Block FinCEN’s Anti-Money Laundering Rule
Among the organizations in the plaintiffs’ coalition are the Puerto Rico Privacy Association, ViveApto Trust, and Pilar Fiduciary Services LLC. Continue Reading Puerto Rican Privacy Groups File Lawsuit to Block FinCEN’s Anti-Money Laundering Rule
169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
CBRE represented the seller, Harbor Group International LLC, and procured the buyer, JSB Capital. Continue Reading 169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
Archie Hughes Joins Madison Capital Group as EVP
Hughes will support the firm’s continued distribution efforts across the southern region. Continue Reading Archie Hughes Joins Madison Capital Group as EVP
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Pennsylvania Home Sales Up by 6.4%
The median price for the homes sold last month was $300,000. Continue Reading Pennsylvania Home Sales Up by 6.4%
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20. Continue Reading Mortgage Rates Inch Up Slightly
Florida Businessman Sentenced for Construction Loan Fraud Schemes
David Ingram, 73, previously pleaded guilty to one count of wire fraud. Continue Reading Florida Businessman Sentenced for Construction Loan Fraud Schemes
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
Lennard Commercial Realty Opens Vancouver Office
The Vancouver office will be led by Partners Allon Shapiro and Aaron Ulinder. Continue Reading Lennard Commercial Realty Opens Vancouver Office
Existing Home Sales Up in October
“Home sales increased in October even with the government shutdown due to homebuyers taking advantage of lower mortgage rates,” said NAR Chief Economist Lawrence Yun. “ Continue Reading Existing Home Sales Up in October
Q3 Mortgage Originations Down Slightly
Mortgage activity increased quarterly in 98 of the 209 metropolitan areas analyzed by ATTOM. Continue Reading Q3 Mortgage Originations Down Slightly
The City with the Highest Mortgage Delinquency Rate Is…
San Francisco and San Jose ranked at the bottom as the cities with the lowest mortgage delinquencies. Continue Reading The City with the Highest Mortgage Delinquency Rate Is…
Fewer Homebuyers Have Post-Purchase Regret
60% of boomers reported no regrets at all, compared to 45% of Gen X, 34% of millennials and 27% of Gen Zers. Continue Reading Fewer Homebuyers Have Post-Purchase Regret