Featured Real Estate News
Toronto Home Sales and Prices Slumped in February
A total of 3,868 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in February, down by 6.3% from one year earlier. The decline in sales was matched with a 17.7% drop in new listings, which totaled 10,705 last month. On a...
Toronto Home Sales and Prices Slumped in February
The average selling price, at a little more than $1 million, was down 7.1% from February 2025. Continue Reading Toronto Home Sales and Prices Slumped in February
Macy’s to Close 14 Stores Across 12 States
Macy’s Inc. (NYSE: M) is planning to close 14 stores in 12 states during the first part of this year. The retailer will shutter the stores following clearance sales that are set to begin in mid-January and run for approximately 10 weeks. In an email shared with...
Furniture Retailer Closing All 89 Stores
A bankruptcy court has approved the Going Out of Business sales of all 89 remaining stores owned by American Signature Inc. The sale involves 79 stores in 13 states that operated under the Value City Furniture brand and 10 stores in Delaware and Florida that operated...
Report: FHFA’s Pulte Instigated Subpoena and Indictment Threat Against Powell
The Trump administration’s surprise decision to subpoena Federal Reserve Chairman Jerome Powell and threaten him with an indictment over alleged perjury during a congressional hearing was reportedly fueled at the insistence of Federal Housing Finance Agency (FHFA)...
News & Current Events
Powell Announces He is Target of DOJ Criminal Probe
Federal Reserve Chairman Jerome Powell announced the Department of Justice (DOJ) has served the central bank with grand jury subpoenas related to his testimony last June before the Senate Banking Committee related to the renovation of the Fed’s headquarters. In an...
Hits and Misses for the Real Estate Week of Jan. 5-9
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. Continue Reading Hits and Misses for the Real Estate Week of Jan. 5-9
Housing Starts Up in October
Single-family housing completions in October were at a rate of 1 million, a 6% increase from the revised September rate of 952,000. Continue Reading Housing Starts Up in October
Recent Posts
Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Ryan Griffin Named President at Home Run Financing
Smart Capital Center Rolls Out AI-Powered Fraud Alerts Solution
Convicted Florida Felon Pleads Guilty in $50 Million Real Estate Investment…
Mortgage Application Activity Slows Amid Decline in Refinancing
Popular Articles
Exclusive News
California Home Sales Up, Reversing 3-Month Slump
California’s median home price fell for the second straight month in June to $899,560. Continue Reading California Home Sales Up, Reversing 3-Month Slump
Mortgage Rates on the Rise Again
The 30-year fixed-rate mortgage averaged 6.75% as of July 17. Continue Reading Mortgage Rates on the Rise Again
Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations
Staccato Powell pleaded guilty to wire fraud, mail fraud, conspiracy to commit wire fraud and mail fraud as part of a scheme to gain control of church properties via forged documents and false statements. Continue Reading Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations
White House Demands Access to Fed HQ Renovation Site
The president has sent mixed signals on whether he wants to dismiss the central bank chief. Continue Reading White House Demands Access to Fed HQ Renovation Site
Mortgage Applications on New Home Purchases Up 8.5% from Last Year
The average loan size for new homes decreased from $379,209 in May to $376,077 in June. Continue Reading Mortgage Applications on New Home Purchases Up 8.5% from Last Year
San Diego’s Coastline Real Estate Group Joins Real Brokerage
The 13-agent Coastline Real Estate Group team has sold more than $200 million in home sales since 2021. Continue Reading San Diego’s Coastline Real Estate Group Joins Real Brokerage
Canadian Housing Starts Up Slightly
Vancouver recorded a 74% increase in starts this month while Montreal posted an 8% year-over-year decrease and Toronto experienced a 40% year-over-year decrease. Continue Reading Canadian Housing Starts Up Slightly
Realtors Relief Foundation Allocates $500,000 to Help Texas Flooding Victims
exas Realtors will distribute the RRF grant among eight local associations. Continue Reading Realtors Relief Foundation Allocates $500,000 to Help Texas Flooding Victims
Builder Confidence Inches Up Slightly
The latest HMI survey found 38% of builders cutting prices in July, the highest percentage since NAHB began tracking this figure in 2022. Continue Reading Builder Confidence Inches Up Slightly