Featured Real Estate News
Demolition Begins at Boston’s Historic Matthews Arena
Demolition has begun at Boston’s Matthews Arena, which had been the world's oldest multi-purpose athletic building and the oldest hockey arena. Northeast University, which owns the property, announced the demolition will take about three months. The school plans to...
Demolition Begins at Boston’s Historic Matthews Arena
Over the years, it served as the original home of the NHL’s Boston Bruins and the NBA’s Boston Celtics. Continue Reading Demolition Begins at Boston’s Historic Matthews Arena
Hanover Bancorp Names New Chief Commercial Real Estate Lending Officer
Hanover Bancorp Inc. (NASDAQ: HNVR), the Mineola, New York-based bank holding company for Hanover Community Bank, has hired William J. Newham III as executive vice president and chief commercial real estate lending officer. Prior to joining Hanover Bank, Newham was...
Trump Nominates Kevin Warsh to Become Next Federal Reserve Chairman
President Trump has announced his nomination of Kevin Warsh to become the next chairman of the Federal Reserve. “I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best,” said Trump in a...
A Phil Hall Op-Ed: When Political ‘Protesters’ Damage Commercial Property
A Phil Hall Op-Ed: There appears to be a malignant trend among the more extreme elements of today’s political “protesters” – they believe they have the inalienable right to disrupt and destroy the commercial property of anyone they don’t like. This strategy gained...
News & Current Events
Georgia GOP Lawmakers Propose Ending Homestead Property Taxes by 2032
The proposal encourages local governments and schools to consider other options to compensate for the decrease in property tax revenue. Continue Reading Georgia GOP Lawmakers Propose Ending Homestead Property Taxes by 2032
Zillow Unveils New Marketing Campaign
The campaign debuts on Feb. 1 during the telecast of the Grammy Awards on CBS and Paramount+. Continue Reading Zillow Unveils New Marketing Campaign
Mortgage Rates Inch Up for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.10% as of Jan. 29, up from last week when it averaged 6.09%. Continue Reading Mortgage Rates Inch Up for Second Straight Week
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Mortgage Rates Rise for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.34% as of Oct. 2. Continue Reading Mortgage Rates Rise for Second Straight Week
Report: One in Five Homes Had Price Reductions in September
Properties at the lower- and mid-tier and the South were the most likely to have lowered prices while luxury home prices remained steady. Continue Reading Report: One in Five Homes Had Price Reductions in September
CMBS Delinquency Rate Falls After 6 Months of Increases
Year-over-year, the overall CMBS delinquency rate is up 153 basis points from 5.70% Continue Reading CMBS Delinquency Rate Falls After 6 Months of Increases
Luxury Home Sales Rise While Sales Activity Declines
“Sales have slowed across all price tiers, and luxury homes are no exception,” said Redfin Senior Economist Sheharyar Bokhari. Continue Reading Luxury Home Sales Rise While Sales Activity Declines
FCP Expands into Las Vegas with Apartment Community Acquisition
The financial terms of the deal were not disclosed. Continue Reading FCP Expands into Las Vegas with Apartment Community Acquisition
169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
CBRE represented the seller, an affiliate of First Atlantic, LLC, and procured the buyer, an affiliate of Heritage Housing Inc. Continue Reading 169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
Corcoran Group Announces First Franchise in New Mexico
The firm will serve clients across the New Mexico capital city and in the surrounding areas up to the Colorado border. Continue Reading Corcoran Group Announces First Franchise in New Mexico
Kendra Newman Named General Counsel at Keller Williams
Newman joined KW in August 2021 as vice president and deputy general counsel. Continue Reading Kendra Newman Named General Counsel at Keller Williams
Attorneys General of 5 States Sue Zillow and Redfin Over Rental Housing Agreement
“This agreement between Zillow and Redfin not to compete is illegal,” said Virginia Attorney General Jason Miyares. Continue Reading Attorneys General of 5 States Sue Zillow and Redfin Over Rental Housing Agreement