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Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
A former Calgary realtor who acknowledged running a Ponzi scheme that defrauded dozens of people out of more than $3.5 million has been banned for life from working in Alberta’s real estate industry. The Calgary Herald reports Eric Drinkwater received his permanent...
Virginia Home Sales Hold Steady Amid Surge in New Listings
A total of 9,423 homes were sold statewide in Virginia during August just 15 more than one year before, marking a scant 0.2% uptick. According to data from Virginia Realtors, August also saw 24,606 active listings statewide, a 26.2% surge from last year. Nearly 13,000...
Forecast Warns of 10% Spike in Electric Heating Costs This Winter
Households that heat their residences with electricity could see a 10.2% increase in their winter heating bills to an average of $1,205 this year, up from $1,093 last winter. According to a forecast from the National Energy Assistance Directors Association (NEADA),...
NEWS & CURRENT EVENTS
New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
This is the second ongoing effort to put property tax reform on the Nebraska ballot. Continue Reading New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
The 36-story, 382,500-rentable-square-foot building is based directly above the flagship Saks Fifth Avenue department store. Continue Reading Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
Dillard’s Buys Dallas-Area Mall for $34 Million
The 638,000-square-foot Longview Mall opened in 1978. Continue Reading Dillard’s Buys Dallas-Area Mall for $34 Million
New Home Sales Down 0.6% in July
The median sales price of new houses sold in July was $403,800, a 0.8% dip from June’s price of $407,200 and 5.9% below the July 2024 price of $429,000. Continue Reading New Home Sales Down 0.6% in July
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Ontario’s Fleming College to Roll Out Real Estate Learning Program
The program’s curriculum was developed by the Real Estate Council of Ontario. Continue Reading Ontario’s Fleming College to Roll Out Real Estate Learning Program
Rep. Rosa DeLauro: GOP Continuing Resolution Will Raise Housing Costs and Fuel Evictions
“This blank check to unelected billionaire Elon Musk fails to lower the cost of housing,” said DeLauro. Continue Reading Rep. Rosa DeLauro: GOP Continuing Resolution Will Raise Housing Costs and Fuel Evictions
Tomo Mortgage Closes $20 Million Series B Funding Round
The company plans to move its headquarters from Stamford, Connecticut, to New York City. Continue Reading Tomo Mortgage Closes $20 Million Series B Funding Round
Tel Aviv’s Housing Imbalance: Too Many Realtors, Too Few Deals
Tel Aviv recorded a total of 2,270 pre-owned home sales in 2024 while the market has 2,566 registered realtors. Continue Reading Tel Aviv’s Housing Imbalance: Too Many Realtors, Too Few Deals
Report: America’s Wealthiest 1% Could Buy Up 99% of the Nation’s Homes
The wealthiest 1% own a disproportionate 13.4% share of US real estate. Continue Reading Report: America’s Wealthiest 1% Could Buy Up 99% of the Nation’s Homes
NAR Debuts ‘Right by You’ Advertising Campaign
NAR stated the campaign marks a shift in its creative strategy from the agent-centric “Who We R” campaign. Continue Reading NAR Debuts ‘Right by You’ Advertising Campaign
NYC Completed Nearly 34,000 New Homes in 2024
Only 15,626 permits for new housing were received last year. Continue Reading NYC Completed Nearly 34,000 New Homes in 2024
Winnipeg Real Estate Agents Disciplined for Withholding Information from Homebuyer
The exact nature of the disciplinary measures was not disclosed. Continue Reading Winnipeg Real Estate Agents Disciplined for Withholding Information from Homebuyer
Franklin BSP Realty Trust Acquires NewPoint Holdings
The financial terms of the deal were not disclosed. Continue Reading Franklin BSP Realty Trust Acquires NewPoint Holdings
Lack of Affordable Housing Blamed for Corporations Not Placing HQ in Cyprus
The Association of Large Investment Projects called on the Cypriot government to cut delaying red tape. Continue Reading Lack of Affordable Housing Blamed for Corporations Not Placing HQ in Cyprus
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