Featured Real Estate News
Thor Equities Acquires Historic NYC Mixed-Use Property for $56 Million
Thor Equities, a real estate development, leasing, and asset management firm, announced its acquisition of 1165 Broadway, a 58,000-square-foot, mixed-use office and retail property in New York City, for $56 Million. Located in Manhattan’s NoMad District, the property...
Thor Equities Acquires Historic NYC Mixed-Use Property for $56 Million
Thor Equities, a real estate development, leasing, and asset management firm, announced its acquisition of 1165 Broadway, a 58,000-square-foot, mixed-use office and retail property in New York City, for $56 Million. Located in Manhattan’s NoMad District, the property...
Pending Home Sales Dipped in January
Pending home sales during January dropped by 0.8% from the prior month and by 0.4% year-over-year, according to the National Association of Realtors (NAR). Month-over-month pending home sales rose in the Midwest and West but declined in the Northeast and South....
Texas Real Estate Investor Pleads Guilty to $69.5 Million Fraud Scheme
A Texas real estate investor behind a $69.5 million fraud scheme pleaded guilty in federal court to one count of wire fraud. Devin Ward Elder was the founder and CEO of the San Antonio-based investment firm DJE Texas Management Group LLC, which was formed in March...
Report: Vacant Residential Property Rate Held Steady in Q1
A new data report from ATTOM found 1.33% of US residential properties, or nearly 1.4 million homes, were vacant during the first quarter of this year. That was essentially the same level as the 1.32% rate from both the previous quarter and the first quarter of 2025....
News & Current Events
Mortgage Applications on New Home Purchases Up During January
Mortgage applications for new home purchases during January were up by 19% from the prior month and up by 2% from one year earlier, according to data from the Mortgage Bankers Association (MBA). MBA estimated new single-family home sales were running at a seasonally...
Gregg Metcalf Joins Cushman & Wakefield as Executive Director
Metcalf joins the company from JLL, where he was executive vice president of tenant representation. Continue Reading Gregg Metcalf Joins Cushman & Wakefield as Executive Director
Chris Lim Promoted to President at REMAX
Prior to joining REMAX, Lim served as president of Christie’s International Real Estate. Continue Reading Chris Lim Promoted to President at REMAX
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Exclusive News
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
Leadership Changes Announced at Fannie Mae
Brandon Hamara and John Roscoe were named co-presidents of Fannie Mae. Continue Reading Leadership Changes Announced at Fannie Mae
ENRG Realty Begins Operations in Hawaii
Maui-based Gina Duncan was named the company’s designated broker for Hawaii. Continue Reading ENRG Realty Begins Operations in Hawaii
Keller Williams Expands Into Qatar
This is the company’s fifth Middle East market, joining the operations in Dubai, Israel, Saudi Arabia and Turkey. Continue Reading Keller Williams Expands Into Qatar