Featured Real Estate News
New CTO at Boxabl
The Las Vegas-headquartered modular housing manufacturer Boxabl Inc. announced the appointment of Shanmugam "Shan" Palaniappan as chief technology officer (CTO). Palaniappan was most recently senior vice president of engineering at Sagent, a mortgage and consumer...
New CTO at Boxabl
Palaniappan was most recently senior vice president of engineering at Sagent, a mortgage and consumer fintech. Continue Reading New CTO at Boxabl
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...
Compass Completes $1.6 Billion Acquisition of Anywhere
New York City-headquartered Compass Inc. (NYSE: COMP) announced the closing of its $1.6 billion acquisition of Anywhere Real Estate Inc. in an all-stock transaction. Madison, New Jersey-based Anywhere, formerly known as Realogy, is the parent company of the brands...
News & Current Events
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
Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
“This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” he posted on Truth Social. Continue Reading Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
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Exclusive News
Ouch! New Home Sales Down by 13.7%
The median sales price of new houses sold in May was $426,600, a 3.7% uptick from the April price of $411,400. Continue Reading Ouch! New Home Sales Down by 13.7%
$110 Million Los Angeles Estate is May’s Most Expensive Home Sale
The most expensive current listing is 1960 S. Ocean Blvd, Manalapan, Florida 33462 at $285 million. Continue Reading $110 Million Los Angeles Estate is May’s Most Expensive Home Sale
Trump Administration Intervenes in Eminent Domain Case Over NJ Family-Owned Farm
Agriculture Secretary Rollins said that “the Biden-style government takeover of our family farms is over.” Continue Reading Trump Administration Intervenes in Eminent Domain Case Over NJ Family-Owned Farm
HUD Proposes Eliminating Green Housing Mandate
“At HUD, we’re mission-minded and focused on helping to put affordable housing within reach for hardworking Americans,” said Secretary Scott Turner. Continue Reading HUD Proposes Eliminating Green Housing Mandate
Migrant Processing Services Terminated at NYC’s Historic Roosevelt Hotel
The hotel is now completely vacant. Continue Reading Migrant Processing Services Terminated at NYC’s Historic Roosevelt Hotel
Refinancing Fuels Mild Uptick in Mortgage Application Activity
“The average loan size for purchase applications declined to $436,300, the lowest level since January 2025,” said MBA’s Joel Kan. Continue Reading Refinancing Fuels Mild Uptick in Mortgage Application Activity
Rocket Mortgage to Offer Bridge Loans for Homeowners
“With this new flexibility, buyers can quickly and confidently secure their next home,” said Rocket’s Bill Banfield. Continue Reading Rocket Mortgage to Offer Bridge Loans for Homeowners
Apex Commercial Exchange Debuts Platform for Commercial Real Estate Auctions
“ACE is the product of more than a decade and billions of transactional dollars of industry expertise,” said CEO Kevin Lipson. Continue Reading Apex Commercial Exchange Debuts Platform for Commercial Real Estate Auctions
66-Unit Connecticut Multifamily Property Sells for $20.7 Million
The sale of Putnam Green, which was built in 1976, is the largest multifamily transaction in Greenwich since 2012. Continue Reading 66-Unit Connecticut Multifamily Property Sells for $20.7 Million