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Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
The retail aspect of the property is anchored by Whole Foods, Life Time Fitness, Starbucks and Chase Bank. Continue Reading Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
The retail aspect of the property is anchored by Whole Foods, Life Time Fitness, Starbucks and Chase Bank. Continue Reading Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
A Boston city councilor is proposing a structural change for how the city taxes multifamily properties. MassLive.com reports Councilor Brian Worrell, a Democrat, has filed a proposal that reclassifies large apartment buildings as commercial real estate. His proposal...
New Data Reports Find Easing in Home Prices
Two new data reports pointed to a modest acceleration in home prices. The S&P Cotality Case-Shiller US National Home Price NSA Index recorded a 1.5% annual increase in August while the 10-City and 20-City Composites reported year-over-year increases of 2.1% and...
Maine Home Sales Rise as Prices Ease
A total of 1,582 single-family existing homes were sold during September in Maine, a 5.12% increase from the 1,505 transactions that occurred one year earlier. According to data from the Maine Association of Realtors, the median sales price during September was...
NEWS & CURRENT EVENTS
UMH Properties Acquires Georgia Manufactured Home Community for $2.6 Million
The 43-acre community contains 130 developed homesites, of which 32% are occupied. Continue Reading UMH Properties Acquires Georgia Manufactured Home Community for $2.6 Million
Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
In August, total US consumer debt totaled $17.91 trillion, up 2.1% year-over-year. Continue Reading Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
eXp Realty Launches UK Commercial Division
eXp Realty now has the first agent-powered platform in the UK to offer both residential and commercial services under a single model. Continue Reading eXp Realty Launches UK Commercial Division
Mortgage Application Activity Slows Down Again
Among the federal programs, the FHA share of total applications increased to 18.5% from 16.8% the week prior. Continue Reading Mortgage Application Activity Slows Down Again
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Sara Burack, Agent on ‘Million Dollar Beach House,’ Killed by Hit-and-Run Driver
Burack was an agent with Nest Seekers International, representing upscale properties in Manhattan and the Hamptons. Continue Reading Sara Burack, Agent on ‘Million Dollar Beach House,’ Killed by Hit-and-Run Driver
Jimmy Burgess Named Chief Coaching Officer at HomeServices of America
Burgess will lead the design and implementation of agent and leadership coaching across the HomeServices enterprise. Continue Reading Jimmy Burgess Named Chief Coaching Officer at HomeServices of America
Pacaso Expands into the Italian Market
Last month, Pacaso announced it reserved the ticker symbol “PCSO” on the Nasdaq Stock Market. Continue Reading Pacaso Expands into the Italian Market
Latvia Bans Property Purchases by Russia and Belarus Nationals
Earlier this year, Finland created a new law prohibiting property acquisition by Russian nationals. Continue Reading Latvia Bans Property Purchases by Russia and Belarus Nationals
Grocery Chain Threatens to Close All Stores if NYC Elects Socialist Mayor
John Catsimatidis declared, “We can’t compete with Mamdani opening city run supermarkets for free.” Continue Reading Grocery Chain Threatens to Close All Stores if NYC Elects Socialist Mayor
Massachusetts CPA Pleads Guilty to Role in Commercial Lender Fraud
Chrstine Gendron pleaded guilty to one count of conspiracy to commit bank fraud Continue Reading Massachusetts CPA Pleads Guilty to Role in Commercial Lender Fraud
New Orleans’ Historic Carver Theatre to be Sold at Auction
The property spans 17,613 square feet on two floors with bar and concession areas, private balconies, a backstage “Green Room”, and secure parking. Continue Reading New Orleans’ Historic Carver Theatre to be Sold at Auction
Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas
The new community features 364 residences in a mix of studio, one-bedroom, and two-bedroom floor plans. Continue Reading Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas
Tampa Bay Sun, USL Women’s Super League Champion, Proposes New Soccer Stadium
“We believe in the power of sport to inspire, unite, and drive meaningful change,” said developer David Shaw. Continue Reading Tampa Bay Sun, USL Women’s Super League Champion, Proposes New Soccer Stadium
Kentucky Home Sales Rise Amid Wider Number of New Listings
The median sales price during the month was $279,000, up 6% month-over-month and up 3.4% year-over-year. Continue Reading Kentucky Home Sales Rise Amid Wider Number of New Listings
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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