Featured Real Estate News
Chicago Bears CEO Pledges to Make a Stadium Decision in ‘Late Spring, Early Summer’
Chicago Bears President and CEO Kevin Warren responded to NFL Commissioner Roger Goodell’s call to announce the location of their new domed stadium “sooner rather than later” by giving a vague projected timeline for when a final decision will be made. ESPN reports...
Chicago Bears CEO Pledges to Make a Stadium Decision in ‘Late Spring, Early Summer’
“I don’t think in the end it’s going to matter to people,” said Bears Chairman George H. McCaskey. Continue Reading Chicago Bears CEO Pledges to Make a Stadium Decision in ‘Late Spring, Early Summer’
Escrow Abuse in the Spotlight: What the McKenna Case Means for Real Estate Professionals
The recent sentencing of New York real estate attorney Bryan McKenna is more than just another fraud headline—it’s a cautionary story that hits directly at the core of the real estate industry: trust in escrow and fiduciary responsibility. The Case, Simplified...
Elite International Realty Launches Invite-Only Luxury Division
Elite International Realty, a Miami-based real estate brokerage firm, announced the launch of its new dedicated division, Signature Collection by Elite. According to the company, Signature Collection listings will be exclusive to luxury clients and will feature...
Jacqueline Waggoner Named Chief Executive at Century Housing
Century Housing, the Culver City, California-based nonprofit network focused on affordable housing and community development, announced the appointment of Jacqueline Waggoner as president and CEO, effective March 23. Waggoner was previously president of the Solutions...
News & Current Events
Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
The arena has been at its site since 1968, and the proposal calls for a public plaza to replace the 820,000-square-foot building. Continue Reading Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
Mortgage Rates Surge for Fourth Straight Week
The 30-year fixed-rate mortgage averaged 6.38% as of March 26. Continue Reading Mortgage Rates Surge for Fourth Straight Week
Report: Most Homes Were Unaffordable During Q1
California’s Los Angeles County was the least affordable market in ATTOM’s report. Continue Reading Report: Most Homes Were Unaffordable During Q1
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Single-Family Housing Starts Down in January
“The single-family market has slowed as builders continue to deal with elevated construction costs while affordability conditions are a cause of concern for many potential home buyers,” said NAHB’s Bill Owens, Continue Reading Single-Family Housing Starts Down in January
Mortgage Rates Start Rising Again
The 30-year fixed-rate mortgage averaged 6.11% as of March 12, up from last week when it averaged 6.00%. Continue Reading Mortgage Rates Start Rising Again
Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
“It has been nearly two decades since Congress last enacted a sweeping, bipartisan housing law,” said NAR’s Shannon McGahn. Continue Reading Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
39% of roommate settings are multi-generational households, where the age difference between the oldest and youngest adult is 20 years or more. Continue Reading Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
Foreclosure Starts Surged by 14% Year-Over-Year
One in every 3,701 housing units had a foreclosure filing in February. Continue Reading Foreclosure Starts Surged by 14% Year-Over-Year
Oregon Real Estate Broker Pleads Guilty for Role in Illegal Marijuana Scheme
Tyra Foxx will be sentenced on May 11. Continue Reading Oregon Real Estate Broker Pleads Guilty for Role in Illegal Marijuana Scheme
Eagle Partners Acquires 551-Unit Portfolio of 55+ Apartments for $162.5 Million
Eagle Partners plans to launch a long-term affordable preservation strategy for the properties. Continue Reading Eagle Partners Acquires 551-Unit Portfolio of 55+ Apartments for $162.5 Million
Claremont Lincoln University Unveils Bachelor in Land Policy and Real Estate Development Program
The fully online program will begin on April 27 with 50 full-tuition scholarships available for the inaugural cohort. Continue Reading Claremont Lincoln University Unveils Bachelor in Land Policy and Real Estate Development Program
Ex-Ontario Mortgage Broker Fined $600,000 Over Misconduct Charges
“Consumer protection is paramount and licensed mortgage brokers must comply with regulatory requirements,” said Elissa Sinha, director of enforcement at FSRA. Continue Reading Ex-Ontario Mortgage Broker Fined $600,000 Over Misconduct Charges