Featured Real Estate News
Virginia Home Sales Up 7.4% in February
A total of 6,581 homes were sold in Virginia during February, an increase of 452 transactions from one year earlier, which created a 7.4% gain. On a month-over-month measurement, sales were up by nearly 12%. There were 7,115 pending sales in February, a 5% increase...
Virginia Home Sales Up 7.4% in February
The statewide median sales price was $410,000, up 1.6% from February 2025. Continue Reading Virginia Home Sales Up 7.4% in February
Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
More than half of Americans believe advances in artificial intelligence (AI) results could make it more difficult for them to become homeowners. According to a survey commissioned by Redfin, nearly three in five respondents (59%) feared that AI will result in the...
Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
Trumark Homes, the San Ramon, California-based homebuilder, announced it is expanding into the Pacific Northwest with the acquisition of Sumner, Washington-based homebuilder JK Monarch. According to Trumark, this acquisition will expand the company’s footprint in the...
Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
The CRE Finance Council (CREFC) announced that President and CEO Lisa Pendergast is planning to retire on or about Aug. 3 after a decade of trade association leadership. Prior to her CREFC role, she held senior positions at Jefferies, Royal Bank of Scotland, and...
News & Current Events
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
Recent Posts
Hits and Misses for the Real Estate Week of March 16-20
Virginia Home Sales Up 7.4% in February
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Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
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Exclusive News
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%
Kentucky Home Sales Up in February Despite Drop in New Listings
The median sales price in February was $272,000, up 8.58% month-over-month and up 6% year-over-year. Continue Reading Kentucky Home Sales Up in February Despite Drop in New Listings
February New Home Purchase Mortgage Applications Up by 0.9%
Conventional loans composed 49.4 % of loan applications and FHA loans composed 35.3%. Continue Reading February New Home Purchase Mortgage Applications Up by 0.9%