Featured Real Estate News
Grocery Outlet to Close 36 Underperforming Stores
Grocery Outlet Holding Corp. (NASDAQ: GO), the Emeryville, California-based parent company of the Grocery Outlet chain of bargain-priced supermarkets, announced it is closing 36 stores following dismal fourth quarter earnings that resulted in a roughly $235 million...
Grocery Outlet to Close 36 Underperforming Stores
“We are not fully exiting any state,” said President and CEO Jason Potter. Continue Reading Grocery Outlet to Close 36 Underperforming Stores
Trump Renews Powell Attacks: ‘He Either is Incompetent or He’s Crooked’
President Trump showed no sign of dialing back on his administration’s attacks on Federal Reserve Chairman Jerome Powell, offering new insults following Powell’s announcement that he is being threatened with criminal indictments by the Department of Justice (DOJ)....
Vanderbilt University to Expand Presence into San Francisco
Nashville-headquartered Vanderbilt University announced plans to establish an academic presence in San Francisco through the acquisition of the campus of the California College of the Arts (CCA). The financial aspects of the deal were not disclosed. CCA is planning to...
8-Building Orlando-Area Office Portfolio Sold for $96 Million
Cross Ocean Partners, a global asset management platform, has partnered with CP Group, a commercial real estate focused on Sunbelt markets, to acquire an eight-building office portfolio in the Orlando metro area for $96 million. The portfolio encompasses a total of...
News & Current Events
Mid-Atlantic Home Sales Up by Only 0.1% in 2025
“There is a lot of pent-up demand in the market, and buyers do have more choices than they have had in years,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Mid-Atlantic Home Sales Up by Only 0.1% in 2025
October New Home Sales Up 18.7% Year-Over-Year
The three-month delay in the release of the October data is due to the recent federal government shutdown. Continue Reading October New Home Sales Up 18.7% Year-Over-Year
Wall Street Journal Calls on Trump to Fire FHFA’s Pulte
Pulte, who has advocated for Powell’s removal since joining the administration, claimed he was not involved in the effort to indict Powell. Continue Reading Wall Street Journal Calls on Trump to Fire FHFA’s Pulte
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Opendoor Adds Cash Plus to Product Suite for Sellers and Agents
Cash Plus is currently available to Key Connections agent partners in Dallas, Nashville, and Raleigh. Continue Reading Opendoor Adds Cash Plus to Product Suite for Sellers and Agents
Neighborhood Ventures Completes Fourth Distressed-Asset Purchase
The property was acquired through a pre-foreclosure, forced sale transaction for $10.7 million. Continue Reading Neighborhood Ventures Completes Fourth Distressed-Asset Purchase
Trump to Tour Fed HQ
Trump acknowledged it was “highly unlikely” for him to force Powell out “unless he has to leave for fraud.” Continue Reading Trump to Tour Fed HQ
Florida’s Single-Family Home Sales Up in June, Down for Q2
The statewide median sales price for single-family existing homes last month was $412,000, down 3.5% compared to June 2024. Continue Reading Florida’s Single-Family Home Sales Up in June, Down for Q2
Real Estate Agent with Podcast Following Sentenced for Ponzi Scheme
Matthew Motil pleaded guilty to securities fraud and wire fraud on Sept. 5, 2024. Continue Reading Real Estate Agent with Podcast Following Sentenced for Ponzi Scheme
New York State Housing Inventory Expands to Nearly a 3-Year High
The state’s home prices were up for the 23rd straight month. Continue Reading New York State Housing Inventory Expands to Nearly a 3-Year High
Pilot Program to Enable Bitcoin Purchases of New Florida Construction Properties
ByteFederal is also teaming with OPISAS, an international real estate firm, to enable cryptocurrency purchases in Florida by foreign investors. Continue Reading Pilot Program to Enable Bitcoin Purchases of New Florida Construction Properties
Existing Home Sales Down, Median Home Price at New High
This marked the 24th consecutive month of year-over-year price increases. Continue Reading Existing Home Sales Down, Median Home Price at New High
Mortgage Application Activity Inches Up Again
The FHA share of total applications decreased to 18.7% from 19% the week prior. Continue Reading Mortgage Application Activity Inches Up Again