Featured Real Estate News
Grocery Outlet to Close 36 Underperforming Stores
Grocery Outlet Holding Corp. (NASDAQ: GO), the Emeryville, California-based parent company of the Grocery Outlet chain of bargain-priced supermarkets, announced it is closing 36 stores following dismal fourth quarter earnings that resulted in a roughly $235 million...
Grocery Outlet to Close 36 Underperforming Stores
“We are not fully exiting any state,” said President and CEO Jason Potter. Continue Reading Grocery Outlet to Close 36 Underperforming Stores
Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme
President Trump has commuted the sentence of a real estate developer who was convicted two years ago in a $50 million mortgage fraud involving Connecticut properties. Jacob Deutsch of Brooklyn was sentenced in January 2024 to five years in prison and fined $10,000 for...
Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus
The Tampa Bay Rays have signed a non-binding memorandum of understanding (MOU) with Hillsborough College to redevelop the college’s 113-acre Dale Mabry campus to become a new baseball stadium and mixed-use development. MLB.com reports the campus is south of George M....
Sen. Warren Demands DOJ Records on Probe into Fed Chairman Powell
Sen. Elizabeth Warren (D-MA), the ranking member of the Senate Banking Committee, is demanding access to the records related to the Department of Justice’s (DOJ) investigation into Federal Reserve Chairman Jerome Powell over claims that he may have committed perjury...
News & Current Events
Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
“My Administration will take decisive action to stop Wall Street from treating America’s neighborhoods like a trading floor and empower American families to own their homes,” said the president. Continue Reading Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
Refinancing Inquiries Spark Upswing in Mortgage Application Activity
The FHA share of total applications decreased to 15.9% from 19.2% the week prior. Continue Reading Refinancing Inquiries Spark Upswing in Mortgage Application Activity
San Francisco Centre, a Once-Mighty 1.5 Million-Square-Foot Mall, to Permanently Close
The property was foreclosed on in November, selling for $134 million. Continue Reading San Francisco Centre, a Once-Mighty 1.5 Million-Square-Foot Mall, to Permanently Close
Recent Posts
Hits and Misses for the Real Estate Week of March 23-27
Dallas-Based Onyx Realty Group Joins The Real Brokerage
Douglas Elliman Launches Yacht Advisory Division
Thor Equities Acquires Historic NYC Mixed-Use Property for $56 Million
CoStar Group Files Amended Complaint in Copyright Infringement Lawsuit Agai…
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Exclusive News
Memphis, Detroit, and Baltimore Top List of Cities with Highest Crime Rates
Washington, DC, placed tenth on the FBI’s list. Continue Reading Memphis, Detroit, and Baltimore Top List of Cities with Highest Crime Rates
Survey: More Than Half of Canadians Who Own US Homes Plan to Sell Within Next Year
Nearly two-thirds (62%) of those potential Canadian sellers blamed Trump administration trade policies with Canada as the reason for their departure. Continue Reading Survey: More Than Half of Canadians Who Own US Homes Plan to Sell Within Next Year
Jeff Kellmas Named Director of Leasing at First National Realty Partners
Kellams was most recently as vice president of Leasing at Washington Prime Group. Continue Reading Jeff Kellmas Named Director of Leasing at First National Realty Partners
Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
By the end of July, the total number of home sellers was 1.95 million, down from a peak of 1.96 million in May. Continue Reading Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
The Federal Reserve Drama: Lisa Cook Praised by NY Fed Chief, Slammed by Trump Officials
No Republican senator is publicly backing Trump’s efforts to oust Cook. Continue Reading The Federal Reserve Drama: Lisa Cook Praised by NY Fed Chief, Slammed by Trump Officials
Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity
Among the government programs, the FHA share of total applications remained unchanged at 19.1% from the week prior. Continue Reading Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity
The Agency Expands Central American Presence with New Office in Costa Rica
The new office follows the company’s Central American operations in Panama and Nicaragua. Continue Reading The Agency Expands Central American Presence with New Office in Costa Rica
Braemar Hotels & Resorts Has Put Itself Up for Sale
Braemar’s portfolio includes nine resort and five urban properties operated under multiple brands. Continue Reading Braemar Hotels & Resorts Has Put Itself Up for Sale
Century Communities Begins Home Sales at New Arizona Development
The site is also located near golf courses, Lake Havasu and the Colorado River. Continue Reading Century Communities Begins Home Sales at New Arizona Development