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
FHFA’s Pulte Demands Home Builders ‘Start Building Out Their Lot Supply’
Federal Housing Finance Agency (FHFA) Director Bill Pulte is demanding that home builders ratchet up production on new housing. In a post on X, Pulte declared, “Builders who do business with Fannie and Freddie (which is most builders) need to start building out their...
New Interim Chief Executive at Federal Home Loan Bank of San Francisco
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced Joseph E. Amato, the interim president and CEO, will retire when his contract term concludes on Feb. 1. Winthrop Watson, the retired president and CEO of the Federal Home Loan Bank of...
Office Leasing Activity Up 5% During 2025
Office leasing activity during 2025 was up by 5% from one year before, according to a new data report from CoStar Group (NYSE: CSGP). Last year, office tenants signed for an estimated 410 million square feet of space. This was a significant reversal from 2024, when...
News & Current Events
Compass Completes $1.6 Billion Acquisition of Anywhere
Anywhere, formerly known as Realogy, is the parent company of the brands Century 21, Coldwell Banker, Corcoran, and Sotheby’s International Realty. Continue Reading Compass Completes $1.6 Billion Acquisition of Anywhere
Apartment Rents Up by Scant 0.1% in December
This mild uptick reversed the previous five consecutive month trend of flat or negative monthly rent change. Continue Reading Apartment Rents Up by Scant 0.1% in December
Fed’s Miran Calls for 150 Basis Point Cut in Interest Rates
Miran’s term on the Fed’s Board of Governors expires at the end of the month. Continue Reading Fed’s Miran Calls for 150 Basis Point Cut in Interest Rates
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A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
The FHFA director’s announcement on the use of VantageScore 4.0 might come with a few problems. Continue Reading A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
Newsom Allocates $101 Million for Multifamily Rebuilding After LA Fires
California Gov. Gavin Newsom announced the state’s Department of Housing and Community Development (HCD) will release $101 million to finance the rebuilding of affordable multifamily rental housing in the Greater Los Angeles Region. According to the governor’s office,...
Hello, Comrade! Russian Investors Take Greater Interest in US Real Estate
The average Russian buyer paid $652,915 per property, while the overall foreign average was $480,695. Continue Reading Hello, Comrade! Russian Investors Take Greater Interest in US Real Estate
Ohio Lawmakers to Consider Overriding Gov. DeWine’s Vetoes on 3 Property Tax Reforms
Ohio’s Senate has not set a date for the consideration of overriding the governor’s votes. Continue Reading Ohio Lawmakers to Consider Overriding Gov. DeWine’s Vetoes on 3 Property Tax Reforms
Asking Rents Down for Fourth Straight Month
On a month-over-month basis, asking rents rose 0.6%. Continue Reading Asking Rents Down for Fourth Straight Month
Mortgage Application Activity Up 9.4%
The Refinance Index increased 9% from the previous week and was 56% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 9.4%
FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
The FTC will send checks and PayPal payments to 960 affected consumers. Continue Reading FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
Residential Transition Lender Dunmor Opens Wholesale Broker Division
Products will include bridge loans, fix and flip loans, ground-up construction loans, and multifamily loans. Continue Reading Residential Transition Lender Dunmor Opens Wholesale Broker Division
Capital One to Close Discover’s Home Equity Lending Business
The company said it “will continue to process applications that are in progress.” Continue Reading Capital One to Close Discover’s Home Equity Lending Business