Featured Real Estate News
British Real Estate Investor Seeks to Restore Closed UK Churches
A British real estate investor has announced a campaign to acquire, restore, and reopen shuttered churches across the UK. In a post on X, Samuel Leeds declared, “I wanna buy churches like this that are shutting down across England. So if you know a church that's for...
British Real Estate Investor Seeks to Restore Closed UK Churches
Samuel Leeds stated that he made a £250,000 offer to purchase the former Darlaston Methodist Church in Wednesbury, England. Continue Reading British Real Estate Investor Seeks to Restore Closed UK Churches
Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections
A federal bankruptcy judge approved the $451 million sale of a 93-building portfolio encompassing more than 5,100 rent-stabilized apartments in New York City, ignoring efforts by Mayor Zohran Mamdani to block the transaction. The Gothamist reports the real estate firm...
New York Stock Exchange Develops Tokenized Securities Platform
The New York Stock Exchange (NYSE) has developed a platform that would enable the trading and on-chain settlement of tokenized securities. Subject to regulatory approvals, the new platform will accommodate 24/7 operations, instant settlement, orders sized in dollar...
New Bipartisan Senate Bill Seeks to Fuel Housing Construction Near Transportation Hubs
A new bipartisan bill in the US Senate seeks to encourage transit-oriented development as a strategy to boost local economies and housing supply. The Build Housing, Unlock Benefits and Services (HUBS) Act from Sens. John Curtis (R-UT) and Lisa Blunt Rochester (D-DE)...
News & Current Events
2 Hotels in St. Paul Closed for ‘Public Safety Concerns’ Over ICE Agents as Guests
A third hotel, the Hilton Canopy in Minneapolis, has stopped accepting reservations but is still open for business. Continue Reading 2 Hotels in St. Paul Closed for ‘Public Safety Concerns’ Over ICE Agents as Guests
Gary, Indiana Offers 3 Possible Sites for New Chicago Bears Stadium
“A move to Gary isn’t just about a building; it’s about building a dynasty,” said Mayor Eddie Melton. Continue Reading Gary, Indiana Offers 3 Possible Sites for New Chicago Bears Stadium
Sphere Entertainment to Open New Venue at Maryland’s National Harbor
The new venue will be the second of its kind in the US and the first to utilize a smaller-scale design model featuring a 6,000-seat structure. Continue Reading Sphere Entertainment to Open New Venue at Maryland’s National Harbor
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Essay Contest Offers Unique Grand Prize: A Luxury Home in Virginia
Submissions are due by Sept. 29 and must be accompanied by a $200 entry fee. Continue Reading Essay Contest Offers Unique Grand Prize: A Luxury Home in Virginia
Canadian Home Sales and Prices Up During July
The non-seasonally adjusted national average home price was $672,784 in July Continue Reading Canadian Home Sales and Prices Up During July
Opendoor Technologies Seeks New Leader After CEO Steps Down
Shrisha Radhakrishna, Opendoor’s chief technology and product officer, was named president and interim CEO. Continue Reading Opendoor Technologies Seeks New Leader After CEO Steps Down
Rocket Companies Taps Viral Nation for Social Media Marketing
The new contract follows the success of Rocket’s “Own the Dream” campaign that debuted earlier this year as an advertisement seen during the Super Bowl. Continue Reading Rocket Companies Taps Viral Nation for Social Media Marketing
Kanye West’s Unfinished Malibu Beach House Back on the Market at Reduced Price
West purchased the property in 2021 for $57 million but left unfinished after a highly publicized but ill-fated renovation project. Continue Reading Kanye West’s Unfinished Malibu Beach House Back on the Market at Reduced Price
Mortgage Rates at 10-Month Low
“Purchase application activity is improving as borrowers take advantage of the decline in mortgage rates,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates at 10-Month Low
Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
“I didn’t tell the Fed what to do,” Bessent said. Continue Reading Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Most of the international buyers of Texas houses came from Mexico (30%), followed by Canada and China (each at 8%), India (7%), and Nigeria (6%). T Continue Reading Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Q2 Mortgage Delinquency Rate Down Slightly
The delinquency rate was down 11 basis points from the first quarter and down 4 basis points from the second quarter of 2024. Continue Reading Q2 Mortgage Delinquency Rate Down Slightly