Featured Real Estate News
Federal Judge Blocks DOJ Subpoenas of Fed Chairman Powell
A federal judge has blocked a pair of Department of Justice (DOJ) subpoenas issued to the Federal Reserve as part of its investigation into whether Chairman Jerome Powell committed perjury in his testimony before the US Senate last summer regarding the renovations at...
Federal Judge Blocks DOJ Subpoenas of Fed Chairman Powell
“This outrageous decision will be appealed by the Department of Justice,” said Jeanine Pirro, US Attorney for Washington, DC. Continue Reading Federal Judge Blocks DOJ Subpoenas of Fed Chairman Powell
Saks Off 5th to Close Most of its Stores
Saks Global, the parent company of the Saks Fifth Avenue department store chain, it is closing 62 of its 70 Saks Off 5th discount outlets as part of its bankruptcy protection restructuring. The Wall Street Journal reports the stores targeted for closing will begin...
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...
News & Current Events
A Phil Hall Op-Ed: When Political ‘Protesters’ Damage Commercial Property
While the Constitution guarantees the right to peaceably assemble, it does not guarantee the right to physically or economically destroy someone else’s business. Continue Reading A Phil Hall Op-Ed: When Political ‘Protesters’ Damage Commercial Property
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
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Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
One in every 3,987 housing units had a foreclosure filing last month. Continue Reading Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable
Insurance challenges have forced one-third (33.7%) of home searchers to change the geographic area where they are looking for a home Continue Reading Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable
Mortgage Credit Availability Inched Up During August
“Mortgage credit availability increased slightly in August, driven by a small increase in ARM product offerings, which was similar to what we saw in July,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inched Up During August
Gov. Pritzker to Bears: Pay for Soldier Field Renovations Before Moving to New Stadium
“We need the Bears to pay off what’s owed on the existing stadium,” said Pritzker. Continue Reading Gov. Pritzker to Bears: Pay for Soldier Field Renovations Before Moving to New Stadium
Ohio Lawmakers Offer Bill to Prevent Foreclosure on Senior Homeowners
“We have heard from our constituents, calling with real fear of being taxed out of their homes,” said Adam Mathews. Continue Reading Ohio Lawmakers Offer Bill to Prevent Foreclosure on Senior Homeowners
Opendoor Names Kaz Nejatian as New CEO
He replaces Carrie Wheeler, who stepped down last month. Continue Reading Opendoor Names Kaz Nejatian as New CEO
Bright MLS: Mid-Atlantic Home Sales Down in August
There were 6,000 sales in August across the Philadelphia metro area, a 1.7% drop from last August. Continue Reading Bright MLS: Mid-Atlantic Home Sales Down in August
TransUnion: More People Sharing Rent Payment Data with Credit Reporting Agencies
The report found more than half of renters (57%) are more likely to rent from a property manager who reports payments. Continue Reading TransUnion: More People Sharing Rent Payment Data with Credit Reporting Agencies
Interior Dept. Proposes Junking Biden-Era Conservation Rule on Public Lands
The proposed rule is now open to a 60-day comment period, with input welcomed from the public. Continue Reading Interior Dept. Proposes Junking Biden-Era Conservation Rule on Public Lands