Featured Real Estate News
Report: Chicago Mayor Johnson Revives Plan to Keep the Bears from Leaving the City
The melodrama over where the Chicago Bears will build a new stadium took another turn with Chicago Mayor Brandon Johnson renewing his efforts to keep the team in the city. Front Office Sports reports Johnson is preparing to lobby the team to reconsider the site of the...
Report: Chicago Mayor Johnson Revives Plan to Keep the Bears from Leaving the City
The Bears previously rejected the Bronzeville site due to its “very narrow” parameters and the presence of active rail lines. Continue Reading Report: Chicago Mayor Johnson Revives Plan to Keep the Bears from Leaving the City
CMBS Delinquency Rate Dropped to 7.14% in February
The delinquency rate for commercial mortgage-backed securities (CMBS) decreased by 33 points in February to 7.14%, according to a new data report from Trepp Inc. One year ago, the delinquency rate was 6.30%. “The decline came thanks to a net decrease in overall...
Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
A former credit loan officer in Massachusetts was sentenced to 18 months in prison, followed by two years of supervised release, for defrauding his employer out of almost $1 million. According to the charges brought against him, Brian Socha was employed at MassMutual...
Shayne Farley Becomes CEO at Stellar MLS
Stellar MLS, the largest multiple listing service serving Florida and Puerto Rico, announced the official appointment of Shayne Fairley as CEO. Last July, Farley was announced to become the successor to Merri Jo Cowen, who will continue to serve in a strategic...
News & Current Events
Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Prior to Wyndham, Sripathi was vice president of finance and capital markets at RLJ Lodging Trust. Continue Reading Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Amazon Acquires Virginia Campus of George Washington University for $427 Million
The deal will allow the university to remain on the property for up to five years as campus-based programs and university offices are relocated. Continue Reading Amazon Acquires Virginia Campus of George Washington University for $427 Million
Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
Wood pilings can last for centuries underwater, but they begin to decay when exposed to oxygen. Continue Reading Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
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New Home Purchase Mortgage Applications Down in October
The average loan size for new homes increased from $379,107 in September to $381,404 in October. Continue Reading New Home Purchase Mortgage Applications Down in October
New Forecast Predicts 14% Spike in Existing Home Sales During 2026
“As we go into next year, the mortgage rate will be a little bit better,” said Chief Economist Lawrence Yun. Continue Reading New Forecast Predicts 14% Spike in Existing Home Sales During 2026
Report: White House Officials Tried to Get Pulte Fired
“Trump has resisted, telling confidants he appreciates Pulte’s loyalty,” the report said. Continue Reading Report: White House Officials Tried to Get Pulte Fired
Canadian Home Sales Up, Prices Down in October
There were 189,000 properties listed for sale on all Canadian MLS Systems at the end of last month, up 7.2% from October 2024. Continue Reading Canadian Home Sales Up, Prices Down in October
Arkansas Realtors’ Group Collects 40,000 Pounds of Food for Local Pantries
More than 60 realtors and affiliate members collected food for 18 hunger relief organizations Continue Reading Arkansas Realtors’ Group Collects 40,000 Pounds of Food for Local Pantries
NAR Adopts 2026-2028 Strategic Plan
“NAR is rebuilding trust by executing the largest transformation in real estate history, and this Strategic Plan will be our roadmap,” said NAR CEO Nykia Wright. Continue Reading NAR Adopts 2026-2028 Strategic Plan
Trump Organization to Develop Luxury Hotel Resort in Maldives
The resort is set to open by the end of 2028. Continue Reading Trump Organization to Develop Luxury Hotel Resort in Maldives
Report: Fed Governor’s Abrupt Resignation Linked to Stock Trading
Kugler had been working with US Government Ethics Office officials since September 2024 to resolve her violations of trading policies. Continue Reading Report: Fed Governor’s Abrupt Resignation Linked to Stock Trading
Hits and Misses for the Real Estate Week of Nov. 10-14
Trump’s 50-year mortgage plan, the continued upswing in foreclosure activity, and a military base’s unlikely neighbor. Continue Reading Hits and Misses for the Real Estate Week of Nov. 10-14