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Compass Completes $1.6 Billion Acquisition of Anywhere
Anywhere, formerly known as Realogy, is the parent company of the brands Century 21, Coldwell Banker, Corcoran, and Sotheby’s International Realty. Continue Reading Compass Completes $1.6 Billion Acquisition of Anywhere
Compass Completes $1.6 Billion Acquisition of Anywhere
Anywhere, formerly known as Realogy, is the parent company of the brands Century 21, Coldwell Banker, Corcoran, and Sotheby’s International Realty. Continue Reading Compass Completes $1.6 Billion Acquisition of Anywhere
Steve Sheetz, Who Expanded Convenience Store Chain Across 7 States, Dies at 77
Steve Sheetz, the convenience store executive who led the growth of his eponymous family-owned company to more than 800 locations across seven states, passed away on Jan. 4 at the age of 77 from respiratory complications following hospitalization for pneumonia....
Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal
Larry Ellison, the chairman of the software company Oracle, has sold his mansion on San Francisco’s Gold Coast for $45 million. The Wall Street Journal reports the sale of the Pacific Heights property occurred last month in an unpublicized off-market transaction. The...
Dept. of Homeland Security Accuses Hilton of Refusing Minneapolis-Area Hotel Reservations for ICE Agents
The Department of Homeland Security (DHS) has called out the Hilton Hotels Corp. (NYSE: HLT) for canceling and refusing reservations by ICE agents in the Minneapolis area. DHS posted to its X account, “NO ROOM AT THE INN! @HiltonHotels has launched a coordinated...
NEWS & CURRENT EVENTS
HUD Report Uncovers More Than $5 Billion in Biden-Era Potential Payment Errors
“HUD will continue investigating the shocking results and will take appropriate action to hold bad actors accountable,” said Secretary Scott Turner. Continue Reading HUD Report Uncovers More Than $5 Billion in Biden-Era Potential Payment Errors
Mamdani Focuses on Housing During First Day as NYC Mayor
Mamdani also signed an executive order revoking all orders issued by former Mayor Eric Adams following his indictment in September 2024 on federal corruption charges. Continue Reading Mamdani Focuses on Housing During First Day as NYC Mayor
White House Cancels Lease Deal for DC Public Golf Courses
It is unclear what action the Trump administration will take next. Continue Reading White House Cancels Lease Deal for DC Public Golf Courses
Humbl Rebrands as TAP Real Estate Technologies
TAP Real Estate announced that it secured $500,000 in initial investment capital to establish operations and support early-stage execution. Continue Reading Humbl Rebrands as TAP Real Estate Technologies
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Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Vermont Governor Seeks to Use State Surplus Revenue to Cut Proposed Property Tax Hike
Vermont Gov. Phil Scott is seeking to use surplus state funds to reduce a projected 12% property tax hike slated for 2026, but the Republican governor is getting pushback from some Democratic legislators over his plan. Vermont Public reports Scott’s administration...
Brazil to Conduct Real Estate Auction Using Blockchain Technology
The Brazilian auction market has been disrupted with altered documents, fake websites, and inconsistent public records. Continue Reading Brazil to Conduct Real Estate Auction Using Blockchain Technology
Mark E. Patten to Become CFO at Sun Communities
Patten will succeed Fernando Castro-Caratini, who will transition into an advisory role with the company. Continue Reading Mark E. Patten to Become CFO at Sun Communities
Silicon Valley and Aspen Top November’s List of Most Expensive Home Sales
Aspen was home to four of the 10 most expensive home sales of November. Continue Reading Silicon Valley and Aspen Top November’s List of Most Expensive Home Sales
California Home Sales at 3-Year High
November also saw the statewide median home price drop by 3.9% from $886,960 in October to $852,680 in November. Continue Reading California Home Sales at 3-Year High
Report: Google Quietly Testing the Insertion of Real Estate Listings in Search Results
The test is being run in partnership with ComeHome by HouseCanary. Continue Reading Report: Google Quietly Testing the Insertion of Real Estate Listings in Search Results
Fate of Decaying Frank Lloyd Wright House in Chicago Uncertain After Failed Foreclosure Auction
Among the property’s problems are rotting wood, cracked and failing exterior stucco, exposed structural elements, and a deteriorating roof and chimney. Continue Reading Fate of Decaying Frank Lloyd Wright House in Chicago Uncertain After Failed Foreclosure Auction
Utah Property Manager Sentenced on Embezzlement and Bank Fraud Charges
He was also sentenced to four years of supervised release and ordered to pay $2.16 million in restitution to the victims. Continue Reading Utah Property Manager Sentenced on Embezzlement and Bank Fraud Charges
Report: Median Asking Rent Down for 28th Straight Month
The new report also warned that rental affordability for minimum wage earners remains a challenge. Continue Reading Report: Median Asking Rent Down for 28th Straight Month
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