Featured Real Estate News
Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
Trumark Homes, the San Ramon, California-based homebuilder, announced it is expanding into the Pacific Northwest with the acquisition of Sumner, Washington-based homebuilder JK Monarch. According to Trumark, this acquisition will expand the company’s footprint in the...
Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
The financial terms of the deal were not disclosed. Continue Reading Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
Grassroots Utah Group Quits Effort to Overturn Property Tax Hike
A grassroots effort to overturn the 14.65% property tax hike approved last December for Utah’s Salt Lake County has failed. The Salt Lake Tribune reports the group Ax the Tax sought to collect petition signatures that would have placed the property tax overturn on...
Winnipeg Shopping Center Sells for $160.5 Million
The real estate investment and development firm Leyad has acquired St. Vital Centre, the Winnipeg shopping center, for $160.5 million. St. Vital Centre encompasses approximately 1 million square feet of gross leasable area and features 160 retailers. It attracts 8...
Sen. Tillis Rebuffs Effort to Lift His Opposition to Kevin Warsh as Next Fed Chairman
Sen. Thom Tillis (R-NC), has reiterated he will not support Kevin Warsh’s appointment to become the next Federal Reserve chairman despite an effort by the White House to break down the senator’s insistence that the resolution of a criminal investigation into Fed...
News & Current Events
Rick Seehausen Named President of Lenders One
Seehausen replaces Justin Demola, who left Lenders One last month to join Equifax as senior vice president of mortgage and housing, Continue Reading Rick Seehausen Named President of Lenders One
Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
Tri Pointe Homes will continue as a wholly owned subsidiary of Sumitomo Forestry America Inc. Continue Reading Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
In his lawsuit, Schwalb alleged the Razjooyans have violated the District’s Consumer Protection Procedures Act, the District’s False Claims Act, and the federal RICO Act. Continue Reading DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
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Submarine Manufacturer Acquires Mostly Vacant Connecticut Mall
The mall is approximately 70% vacant and is expected to permanently close next spring Continue Reading Submarine Manufacturer Acquires Mostly Vacant Connecticut Mall
Venterra Realty Opens New Houston-Area Multifamily Community
The company said the property was created with its proprietary Quiet Building sound insulating construction. Continue Reading Venterra Realty Opens New Houston-Area Multifamily Community
DeSantis: Putting Multiple Property Tax Measures on the Ballot is a ‘Political Game’
“Placing more than one property tax measure on the ballot represents an attempt to kill anything on property taxes,” he wrote. Continue Reading DeSantis: Putting Multiple Property Tax Measures on the Ballot is a ‘Political Game’
New Listings and Pending Sales Up Across New York State
he median sales price across New York State was $427,628, a 3% upswing from the $415,000 price in September 2024. Continue Reading New Listings and Pending Sales Up Across New York State
Existing Home Sales Up 1.5% in September
The median existing home price for all housing types was $415,200, up 2.1% from the $406,700 recorded one year earlier. Continue Reading Existing Home Sales Up 1.5% in September
Mortgage Rates Are Falling Again
The 30-year fixed-rate mortgage averaged 6.19% as of Oct. 23. Continue Reading Mortgage Rates Are Falling Again
Florida City Gives Preliminary Approval to 6,000-Seat Soccer Stadium
The stadium will anchor the proposed mixed-use Walton & One development, formerly known as City Center. Continue Reading Florida City Gives Preliminary Approval to 6,000-Seat Soccer Stadium
Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
At the other end of the spectrum, about 2.8% of mortgaged residential properties were considered seriously underwater in the third quarter. Continue Reading Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
Pennsylvania Home Sales Up 10% Year-Over-Year
The median home price continued to hold steady at $299,900. Continue Reading Pennsylvania Home Sales Up 10% Year-Over-Year