Featured Real Estate News
Chicago’s Water Tower Place Announces Redevelopment Plans
Water Tower Place, the mixed-use development consisting of 758,000-square-foot shopping mall in a 74-story skyscraper on Chicago’s Magnificent Mile, announced plans for a $170 million redevelopment. The property, which first opened in 1976, will be reconfigured with a...
Chicago’s Water Tower Place Announces Redevelopment Plans
Construction is expected to begin in 2027 and substantially wrap in 2028. Continue Reading Chicago’s Water Tower Place Announces Redevelopment Plans
CFPB Updates Rule on Lender Adherence to Equal Credit Opportunity Act
The Consumer Financial Protection Bureau (CFPB) has replaced its rule requiring lenders to adhere to the 1974 Equal Credit Opportunity Act (ECOA). The ECOA was designed to prohibit disparate impact discrimination by lenders who create policies that inadvertently...
Trump Expects Rate Cuts with Warsh as Fed Chief, But Warsh Stresses Fed Independence
Kevin Warsh, President Trump’s nominee to become the next Federal Reserve chairman, vowed to maintain the central bank’s independence after the president said he expected Fed rate cuts once Warsh took office. In a CNBC interview this morning ahead of Warsh’s...
Pending Home Sales Up 1.5% in March
Pending home sales in March increased by 1.5% from February but were down by 1.1% from one year ago, according to the National Association of Realtors (NAR). Month-over-month pending home sales increased in the Northeast and South but declined in the Midwest and West....
News & Current Events
Trump Organization to Develop 70-Story Mixed-Use Development in Republic of Georgia
The project is the first Trump branded project in the region and will become Georgia’s tallest building. Continue Reading Trump Organization to Develop 70-Story Mixed-Use Development in Republic of Georgia
Report: Land Prices Soared 77% Since the Pandemic
Raw land has appreciated the most of any development category, up 86.5% since the first quarter of 2019. Continue Reading Report: Land Prices Soared 77% Since the Pandemic
PennyMac Unveils Special Mortgage Program for Team USA Olympic Athletes
PennyMac Financial Services Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT), the Official Mortgage Provider of Team USA and the 2028 Los Angeles Olympic and Paralympic Games, had unveiled the “Welcome Home: Athlete Mortgage Program,” an initiative...
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Exclusive News
Mortgage Application Activity Drops by 0.8%
The FHA share of total applications decreased to 19.3% from 19.5% the week prior. Continue Reading Mortgage Application Activity Drops by 0.8%
Florida Lawmaker Leads Petition Drive to Abolish Property Taxes
“I will help lead an effort to pass a citizen constitutional amendment that bans ad valorem taxes on real estate levied by any level of government,” said Rep. Ryan Chamberlin. Continue Reading Florida Lawmaker Leads Petition Drive to Abolish Property Taxes
NAR Unveils ‘Expertise-Driven Application Process’ for 2027 Governance Committees
“NAR’s committees help shape the work of our association and the future of our industry,” said President Kevin Brown. Continue Reading NAR Unveils ‘Expertise-Driven Application Process’ for 2027 Governance Committees
Survey: Most Canadian Homeowners Have No Plans to Move
The survey noted that nearly half (46%) of Canadians believe homeownership is becoming increasingly difficult to achieve. Continue Reading Survey: Most Canadian Homeowners Have No Plans to Move
Q1 Retail Construction Activity Down Year-Over-Year
CoStar Group noted that current construction volumes are near levels last seen in the early stages of the post-pandemic recovery. Continue Reading Q1 Retail Construction Activity Down Year-Over-Year
Report: Chicago Mayor Johnson Revives Plan to Keep the Bears from Leaving the City
The Bears previously rejected the Bronzeville site due to its “very narrow” parameters and the presence of active rail lines. Continue Reading Report: Chicago Mayor Johnson Revives Plan to Keep the Bears from Leaving the City
Florida Property Manager Sought by Police for Embezzling HOAs
Alexandra Delacaridad Gonzalez’s whereabouts are unknown. Continue Reading Florida Property Manager Sought by Police for Embezzling HOAs
Toronto Home Sales Up Despite Decline in New Listings
The average selling price last month of $1.01 million was down by 6.7% compared to March 2025. Continue Reading Toronto Home Sales Up Despite Decline in New Listings
NYC Coldwell Banker Franchise Leaves Brand to Launch MYNY as an Independent Brokerage
“After 18 years in a franchise system, we made the decision to build something that actually works for New York,” said Joseph T. Hamdan, principal of MYNY. Continue Reading NYC Coldwell Banker Franchise Leaves Brand to Launch MYNY as an Independent Brokerage