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Judge Upholds Decision Blocking DOJ Subpoenas of Federal Reserve and Jerome Powell
A federal judge has refused to reverse his decision from last month to block the Department of Justice's (DOJ) subpoenas of the Federal Reserve and its chairman, Jerome Powell. The Hill reports US District Judge James Boasberg, an Obama appointee, ruled on Friday that...
Judge Upholds Decision Blocking DOJ Subpoenas of Federal Reserve and Jerome Powell
Jeanine Pirro, US Attorney for the District of Columbia, had called Boasberg an “activist judge.” Continue Reading Judge Upholds Decision Blocking DOJ Subpoenas of Federal Reserve and Jerome Powell
ESPN’s Stephen A. Smith Blasts ‘Very, Very Stupid’ Chicago for Letting Bears Leave the City
ESPN host Stephen A. Smith criticized Chicago officials after Illinois Gov. JB Pritzker acknowledged the Chicago Bears will not get a new stadium within their namesake city. On Friday, the Chicago Tribune reported Pritzker stated, “I think now there’s a common...
US and Pakistan Sign MoU to Renovate Historic NYC Hotel-Turned-Migrant Center
The US and Pakistan governments have signed a Memorandum of Understanding (MoU) for the renovation of New York City’s historic Roosevelt Hotel, which has been vacant since June after operating for three years as a migrant center. The agreement was negotiated by US...
Boston Approves New Seaport District Hotel Across from Menino Center
DGH Hotel Partners JV LLC, a joint venture between Global Hospitality Investment Group and an unnamed global investment management firm, has received approval from the Boston Zoning Commission for a new hotel in the city’s Seaport District, across from the Thomas M....
News & Current Events
Hits and Misses for the Real Estate Week of Feb. 16-20
A proposed property tax hike in New York City, a California lawmaker fighting for homeowner insurance rights, and a hotel executive forced out of his job because of a toxic friend. Continue Reading Hits and Misses for the Real Estate Week of Feb. 16-20
Home Builders Renew Exemption Call on Building Materials as Trump Plans Global 10% Tariff
The National Association of Home Builders (NAHB) renewed its call to exempt building materials from his renewed tariff targeting after the Supreme Court voted 6-3 to reject President Trump’s expanded use of the International Emergency Economic Powers Act (IEEPA) for...
Drop in Pennsylvania Home Sales and Prices Blamed on Severe Winter Weather
Last month, Pennsylvania home sales decreased to 4,560, down 45% from December and down nearly 36% year-over-year. Continue Reading Drop in Pennsylvania Home Sales and Prices Blamed on Severe Winter Weather
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Gov. Newsom Signs Bill Enabling Denser Housing Construction Near Transit Hubs
“All Californians deserve an affordable place to live — close to jobs, schools, and opportunity,” said Newsom in a statement. Continue Reading Gov. Newsom Signs Bill Enabling Denser Housing Construction Near Transit Hubs
Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million
The 19-acre property was constructed in the 1960s as an enclosed mall and redeveloped as a mixed-use development in 2008. Continue Reading Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million
Report: Calgary Leads Canada with Greatest Property Tax Hike
The report observed that the largest municipality in every province west of Atlantic Canada recorded property tax hikes between the last two national censuses. Continue Reading Report: Calgary Leads Canada with Greatest Property Tax Hike
Barbara Corcoran Sells Duplex Manhattan Penthouse for $13.5 Million
Corcoran acquired the property in 2015 for $10 million and spent $2 million over the years to renovate it. Continue Reading Barbara Corcoran Sells Duplex Manhattan Penthouse for $13.5 Million
Report: Saudi Arabia Real Estate Market to Reach $132 Billion by 2033
The government’s Vision 2030 reform agenda is fueling this expansion. Continue Reading Report: Saudi Arabia Real Estate Market to Reach $132 Billion by 2033
Hits and Misses for the Real Estate Week of Oct. 6-10
An update on the cause of the Palisades Fire, Hunter Biden’s bizarre Romanian real estate deal, and a once-prominent pharmacy chain comes to an end. Continue Reading Hits and Misses for the Real Estate Week of Oct. 6-10
Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
The median sold price in the Bright MLS Mid-Atlantic region was $419,900 Continue Reading Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
Study: 20% of California Residents Worried About Covering Housing Costs
The survey found 15.6% of adults taking on an additional job or more work at their current job to cover their housing costs. Continue Reading Study: 20% of California Residents Worried About Covering Housing Costs
Q3 Foreclosure Filings Up 17% Year-Over-Year
One in every 1,402 housing units had a foreclosure filing in the third quarter. Continue Reading Q3 Foreclosure Filings Up 17% Year-Over-Year