Featured Real Estate News
Ground Broken on New Affordable Housing Development in Columbus, Ohio
Lincoln Avenue Communities (LAC), an acquirer and developer of affordable housing, broke ground on Landmark on Scioto, a new 321-unit affordable housing community in Columbus, Ohio. The 44.5-acre build-to-rent development is LAC's first ground-up construction project...
Ground Broken on New Affordable Housing Development in Columbus, Ohio
Construction on Landmark on Scioto is underway, and the community is expected to begin leasing this summer. Continue Reading Ground Broken on New Affordable Housing Development in Columbus, Ohio
Power Struggle Erupts Between Mayor Johnson and Chicago Housing Authority Chairman
A power struggle has broken out at the Chicago Housing Authority (CHA), with Mayor Brandon Johnson claiming that he removed Board Chairman Matthew Brewer from his position while Brewer refuses to step down, stating Johnson’s actions were unlawful. The Chicago...
Allison James Estates and Homes Joins United Real Estate
Dallas-headquartered United Real Estate announced the addition to its network of Allison James Estates and Homes, a 725-agent, multi-state brokerage headquartered in Port Charlotte, Florida. Founded in 2008, Allison James Estates and Homes operates in California,...
Retail Component of Miami Worldcenter Sells for $210 Million
The retail component of the Miami Worldcenter mixed-use development has been sold for $210 million. The property's retail component was completed in 2024 and comprises approximately 272,966 square feet within the development, with a flagship Apple store as its anchor...
News & Current Events
Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Davidson has been trying to sell the condo since 2022, when he listed it for $1.3 million. Continue Reading Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Trump Removes Pam Bondi as Attorney General
Deputy Attorney General Todd Blanche will serve as Acting Attorney General until a replacement for Bondi is named. Continue Reading Trump Removes Pam Bondi as Attorney General
Mortgage Rates Rise for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.46% as of April 2, up from last week when it averaged 6.38%. Continue Reading Mortgage Rates Rise for Fifth Straight Week
Recent Posts
Hits and Misses for the Real Estate Week of April 6-10
NAR in $52.2 Million Settlement of Tuccori Commissions Lawsuit
First-Time Homebuyers Accounted for 21% of the Texas Housing Market
Mid-Atlantic Region Records Spike in Listings
Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Year…
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Exclusive News
Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
Judge Jeremy Kernodle, a Trump appointee, declared that FinCEN “fails to explain or show how non-financed residential real estate transactions are categorically ‘suspicious.'” Continue Reading Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
“Our client believes the existing Soldier Field site is the ideal location for a world-class venue,” said Edward Peck, managing director of Edward Peck Design. Continue Reading New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Redfin cited estimates that predicted AI could displace up to 30% of US jobs, with 80% of workers affected in some way. Continue Reading Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
The financial terms of the deal were not disclosed. Continue Reading Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
She served as CREFC’s chairperson in 2010–2011 and was a member of its board of governors for more than nine years. Continue Reading Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
To fill in the deficit, some proposals being considered include a $20 to $30 increase on property taxes. Continue Reading Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
Chicago Boosts Hotel Tax, Making it the Nation’s Highest
The tax increase applies to room rates at hotels with 100 or more rooms. Continue Reading Chicago Boosts Hotel Tax, Making it the Nation’s Highest
Maine Home Values Increased in February While Sales Declined
February’s home sales across the Northeast were down 4.1% year-over-year while the median sales price rose by 3.3% to $479,800. Continue Reading Maine Home Values Increased in February While Sales Declined
30-Year Fixed-Rate Mortgage Surges to 6.22%
A year ago at this time, it averaged 6.67%. Continue Reading 30-Year Fixed-Rate Mortgage Surges to 6.22%