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Elite International Realty Launches Retail-Focused Division
Retail by Elite will support retailers from the early development stages through commercial negotiations, leasing, design, construction, and ongoing operational milestones. Continue Reading Elite International Realty Launches Retail-Focused Division
Elite International Realty Launches Retail-Focused Division
Retail by Elite will support retailers from the early development stages through commercial negotiations, leasing, design, construction, and ongoing operational milestones. Continue Reading Elite International Realty Launches Retail-Focused Division
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
Clarion Partners Expands into Senior Housing Sector
The financial aspects of the deal were not disclosed. Continue Reading Clarion Partners Expands into Senior Housing Sector
Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium
The Bears initially insisted they would pay for the stadium itself, with team president Kevin Warren claiming the new stadium would “require zero state money for construction.” Continue Reading Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium
Report: Housing Affordability at Best Level Since Early 2023
The average credit score for purchase locks climbed above 736, the highest recorded in the six-year history of ICE’s origination dataset Continue Reading Report: Housing Affordability at Best Level Since Early 2023
First Residential Independent Mortgage, a New Lender, Begins Operations
The new company will specialize in conventional and FHA loans and will offer down payment assistance loan products through its existing partnerships. Continue Reading First Residential Independent Mortgage, a New Lender, Begins Operations
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Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium
State Sen. Jerry Cirino, a Republican, is advocating for the money to come from the state’s $3.7 billion in unclaimed funds. Continue Reading Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium
NAR Updates Hate Speech Policy Within Code of Ethics
The updated language aligns the definition of “harassment” with the NAR Member Code of Conduct. Continue Reading NAR Updates Hate Speech Policy Within Code of Ethics
Joseph Yi Named Chief Investment Officer at Palette Hotels
Yi previously held chief investment officer roles at Frontier Development & Hospitality Group and Real Hospitality Group. Continue Reading Joseph Yi Named Chief Investment Officer at Palette Hotels
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down from last week when it averaged 6.89%. Continue Reading Mortgage Rates in Mild Decline
Wyoming Lawmakers Consider Abolishing Property Taxes
Sen. Bob Ide, a Republican, advocated for the ending of all property taxes – residential, commercial, industrial and personal. Continue Reading Wyoming Lawmakers Consider Abolishing Property Taxes
Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
19.1% of listings featured reduced prices, the highest share for any May since at least 2016. Continue Reading Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
Report: Fewer Home Purchase Loans During Q1
ATTOM found the total dollar value of loans was down by 18% to $478 billion. Continue Reading Report: Fewer Home Purchase Loans During Q1
Maryland Man Sentenced for Role in Attempted Fraudulent Sale of Property
Duane Dixon Jr. was found guilty last January of conspiracy to commit wire fraud and three counts of wire fraud. Continue Reading Maryland Man Sentenced for Role in Attempted Fraudulent Sale of Property
Fund Manager APS Buys $3.4 Million in Tokenized Real Estate on MetaWealth Platform
MetaWealth tokenizes European properties, offering fractional ownership and near-instant transfers of real estate tokens. Continue Reading Fund Manager APS Buys $3.4 Million in Tokenized Real Estate on MetaWealth Platform
Tiffany Stanley Named Chief Operating Officer at Maxx Properties
She most recently served as managing director and head of property and asset management at BMC Investments in Denver. Continue Reading Tiffany Stanley Named Chief Operating Officer at Maxx Properties
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