Featured Real Estate News
Existing Home Sales Up by 1.7% in February
Existing home sales increased by 1.7% month-over-month in February, to a seasonally adjusted annual rate of 4.09 million, according to data from the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.4%. Month-over-month sales...
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February
HUD Targets Minneapolis for Alleged Race-Based Housing Plans
The Department of Housing and Urban Development (HUD) announced that its Office for Fair Housing and Equal Opportunity (FHEO) launched an investigation into Minneapolis’ housing policies for potential violations of the Fair Housing Act and Title VI of the Civil Rights...
Pending Home Sales Plummeted During December
Pending home sales in December dropped by 9.3% from the prior month and were down by 3.0% from the previous year, according to data from the National Association of Realtors (NAR). On a regional basis, pending home sales were down in all four regions on a...
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...
News & Current Events
Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus
The MOU also includes the creation of new facilities for Hillsborough College, which has 180 days to negotiate and approve a final agreement with the team. Continue Reading Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus
Sen. Warren Demands DOJ Records on Probe into Fed Chairman Powell
FHFA Director Bill Pulte claimed he was not involved in the DOJ’s actions, although several media reports cited him as being the instigator of the probe. Continue Reading Sen. Warren Demands DOJ Records on Probe into Fed Chairman Powell
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
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Plymouth Industrial REIT Receives Unsolicited Takeover Bid from Sixth Street Partners
In a press statement, Plymouth said its board of directors “will carefully evaluate the proposal to determine the course of action it believes is in the best interests of all Plymouth shareholders.” Continue Reading Plymouth Industrial REIT Receives Unsolicited Takeover Bid from Sixth Street Partners
New Report Names America’s ‘Most Fun State’
West Virginia ranked last among the 50 states. Continue Reading New Report Names America’s ‘Most Fun State’
New Bill Would Quadruple Property Taxes on Baltimore’s Vacant Lots
“We’re not using this as a revenue generator,” Councilwoman Odette Ramos said. Continue Reading New Bill Would Quadruple Property Taxes on Baltimore’s Vacant Lots
RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
Lombardo was previously chief operating officer at Guaranteed Rate Affinity. Continue Reading RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
Geraldine Hayhurst Joins Farmer Mac as Chief Legal Officer
Hayhurst was most recently associate general counsel for corporate and compliance at CoStar Group Inc. Continue Reading Geraldine Hayhurst Joins Farmer Mac as Chief Legal Officer
34% Property Tax Hike in Utah: Is Your City Next?
Unless citizens demand fiscal discipline and accountability, more communities across America will face the same painful reality. Continue Reading 34% Property Tax Hike in Utah: Is Your City Next?
HUD Initiates English-Only Policy for Department Services
The policy aligns with President Trump’s executive order in March that makes English the nation’s official language. Continue Reading HUD Initiates English-Only Policy for Department Services
Report: Residential Building Worker Wage Growth Slowed in Q2
Average hourly earnings for residential building workers rose to $39.35 in June, up 3.5% increase from the $38.02 level recorded one year ago. Continue Reading Report: Residential Building Worker Wage Growth Slowed in Q2
Prince and Princess of Wales Moving to New ‘Forever Home’
The relocation will be funded privately, and the royal couple will pay market rent on the property. Continue Reading Prince and Princess of Wales Moving to New ‘Forever Home’