Featured Real Estate News
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...
Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
She served as CREFC’s chairperson in 2010–2011 and was a member of its board of governors for more than nine years. Continue Reading Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
Half of US Households Experienced Home Insurance Rate Increases
The national average that Americans pay for home insurance is $2,543, according to The State of Home Insurance 2026 report published by Insurance.com. The report found 49% of people received rate increases last year, with 43% stating they did not intend to renew their...
Amazon to Shut Down Fresh and Go Grocery Stores
Amazon.com Inc. (NASDAQ: AMZN) announced it is shutting down its Amazon Fresh and Amazon Go grocery stores while focusing on the expansion of its Whole Foods Market locations. The company operates a total of 72 Fresh and Go stores, with most being scheduled for...
Ground Broken on New Orleans Development Featuring 294 Affordable Housing Units
The affordable and workforce housing developer Lincoln Avenue Communities (LAC) has broken ground on the NSA East Bank Apartments, an adaptive-reuse development that will transform a decommissioned New Orleans naval base into 294 affordable housing units and 30,000...
News & Current Events
New Data Reports Find Continuation of Mild Home Price Acceleration
Once again, FHFA Director Bill Pulte did not comment on the continued home price acceleration. Continue Reading New Data Reports Find Continuation of Mild Home Price Acceleration
Report: Nearly 44% of Homes Carry HOA Fees
Roughly one-third (33.4%) of single-family homes now carry HOA fees. Continue Reading Report: Nearly 44% of Homes Carry HOA Fees
Lawsuit Accuses Rocket Companies of Mortgage Steering
The lawsuit claims the company “exploited the vulnerability of home buyers for profit.” Continue Reading Lawsuit Accuses Rocket Companies of Mortgage Steering
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Kevin O’Leary Says He’s Moving From Boston Because of Elizabeth Warren
“I now live in Florida because of Elizabeth Warren,” said the “Shark Tank” star. Continue Reading Kevin O’Leary Says He’s Moving From Boston Because of Elizabeth Warren
Montreal Home Sales Up 10% Year-Over-Year
The $625,000 median price for single-family houses from last month is a 7% uptick from the $585,000 price from July 2024. Continue Reading Montreal Home Sales Up 10% Year-Over-Year
Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
The community located 20 minutes from Disneyland has a median listing price of more than $1 million. Continue Reading Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
“We can deliver homes to Texas, Oklahoma, Louisiana, Arkansas, and parts of New Mexico,” said the company in a press statement. Continue Reading Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Hochul allocated $25 billion in state investments to this initiative, which ends in 2027. Continue Reading New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Report: Trump to Expand 401(k) Plans to Include Real Estate as Investment Option
Under the order, the Department of Labor will review and update the guidance under the Employee Retirement Income Security Act (ERISA) of 1974. Continue Reading Report: Trump to Expand 401(k) Plans to Include Real Estate as Investment Option
Freddie Mac Expands CHOICEHome Mortgage Program to Single-Section Manufactured Homes
Freddie Mac (OTCQB: FMCC) announced the expansion of its CHOICEHome conventional financing options to include modern single-section manufactured homes. Previously, Freddie Mac provided multi-section factory-built homes with a 3% down payment option. As of today,...
ESPN to Gain 75,000 SF Studio in LA in Deal to Acquire NFL Network
ESPN and the NFL still need to negotiate a final agreement and clear approval from the league’s team owners and federal regulators. Continue Reading ESPN to Gain 75,000 SF Studio in LA in Deal to Acquire NFL Network
Citadel Credit Union Debuts Program to Aid Philadelphia-Area Black and Hispanic Homeowners
The program will provide provides up to $18,000 in assistance for purchase, refinance, or improvement of a primary residence in qualified communities. Continue Reading Citadel Credit Union Debuts Program to Aid Philadelphia-Area Black and Hispanic Homeowners