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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
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
Utah Property Manager Sentenced on Embezzlement and Bank Fraud Charges
Blake Floyd Cozzens of Cedar City, Utah, was sentenced today to 25 months’ imprisonment for wire fraud and bank fraud for embezzling money from homeowners associations (HOAs), property owners, and tenants, as well as fraudulently obtaining money from a bank and a...
Report: Median Asking Rent Down for 28th Straight Month
The median asking rent for 0–2 bedroom units fell for the 28th consecutive month on a year-over-year basis during November, according to the Realtor.com November Rental Report. The national median is now at $1,693, down $17 (or 1.0%) from last November. However, it is...
Newmark Grows Global Presence in Korea and Middle East
Newmark Group Inc. (NASDAQ: NMRK) is growing its global presence with the opening of its first office in South Korea and the expansion of its team focused on the Middle East. The new South Korean office is based in the capital city of Seoul and will be led by John...
NEWS & CURRENT EVENTS
Von Maur Department Stores to Open First New Jersey Location
The three-level, approximately 164,000 square foot Von Maur location expects to employ approximately 150 full-time and part-time associates. Continue Reading Von Maur Department Stores to Open First New Jersey Location
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
New Report Names Detroit as America’s Neediest City
“The city has the third-highest share of households lacking complete plumbing facilities and the 10th-highest share lacking complete kitchen facilities,” the report said. Continue Reading New Report Names Detroit as America’s Neediest City
Builder Confidence Inches Up Slightly, But Pessimism Remains
The latest HMI survey also found 40% of builders were cutting prices in December. Continue Reading Builder Confidence Inches Up Slightly, But Pessimism Remains
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Builder Confidence Inches Up Slightly, But Pessimism Remains
The latest HMI survey also found 40% of builders were cutting prices in December. Continue Reading Builder Confidence Inches Up Slightly, But Pessimism Remains
Canadian Home Sales and Prices Down During November
There were 173,000 properties listed for sale across all Canadian MLS Systems at the end of November, up 8.5% from one year earlier. Continue Reading Canadian Home Sales and Prices Down During November
Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
The multifamily developer Thompson Thrift announced that it will develop Wrenly, a 214-unit community in the Atlanta suburb of Newnan, Georgia. Continue Reading Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
The company said the property has been well-maintained by the previous ownership, and there are no significant deferred maintenance needs. Continue Reading Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
A Phil Hall Op-Ed: It Can’t Happen Here, Can It?
Houses of worship are very special pieces of real estate, and violence against these buildings and the people within them has become too commonplace. Continue Reading A Phil Hall Op-Ed: It Can’t Happen Here, Can It?
Canadian Housing Starts Up 9.4%
Montreal posted a 24% year-over-year increase in actual housing starts this month driven by higher multi-unit and single-detached starts. Continue Reading Canadian Housing Starts Up 9.4%
HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
The CHA’s audit will cover the period of Sept. 1, 2022, to Aug. 31, 2025. Continue Reading HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
National Trust for Historic Preservation Sues to Stop Work on White House Ballroom
The Trump administration did not immediately comment on the lawsuit. Continue Reading National Trust for Historic Preservation Sues to Stop Work on White House Ballroom
Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
Prior to her role at Hudson Companies, Kackmann was vice president of affordable and workforce housing at The Albanese Organization. Continue Reading Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
New Board Chairman Appointed at QuadReal Property Group
R. Scott Hutcheson replaces Thomas Garbutt, who is stepping down after serving as chairman since 2018. Continue Reading New Board Chairman Appointed at QuadReal Property Group
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