Featured Real Estate News
$17.2 Million Listing for Penthouse Sets Record in Uruguay
A luxury penthouse in Uruguay’s seaside resort city of Punta del Este is being listed for $17.2 million, a new record high for that South American country’s housing market. Mansion Global reports the 17,500-square-foot condominium is based in Cipriana Punta del Este...
$17.2 Million Listing for Penthouse Sets Record in Uruguay
Edgardo Defortuna, CEO at Fortune International, who is leading sales for the project, observed, “This is a trophy property within a landmark development that introduces a level of design, hospitality and service that Punta del Este has never experienced before.” Continue Reading $17.2 Million Listing for Penthouse Sets Record in Uruguay
Mortgage Bankers Association Names Alexandra Brinton as VP/CFO
The Mortgage Bankers Association (MBA) announced the appointment of Alexandra Brinton as vice president and chief financial officer. In her new job, Brinton will oversee MBA’s managerial accounting and financial operations, including financial reporting, budgeting,...
Mickey Rourke Starts GoFundMe Campaign to Fight Eviction from LA Home
Oscar-nominated actor Mickey Rourke has started a GoFundMe campaign to encourage fans to help him stave off eviction. Variety reports Rourke was served with an eviction notice last month on his Los Angeles home. Rourke owes approximately $60,000 on the home and has...
Meraas Previews Masterplan for New Dubai Waterfront Development
Meraas, a member of Dubai Holding Real Estate, has unveiled its masterplan for Dubai Design District, a new waterfront development. Located between Downtown Dubai and Dubai Creek Harbor, the enhanced masterplan encompasses 18 million square feet and will offer...
News & Current Events
Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
The HUD Secretary on a roll, pending home sales on the rise, and Warren Buffett calls it a day. Continue Reading Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
Fort Worth Business Owner Pleads Guilty in Unfinished Home Building Fraud Case
Christopher Judge faces up to 20 years in federal prison. Continue Reading Fort Worth Business Owner Pleads Guilty in Unfinished Home Building Fraud Case
The Kraft Group Reaches Agreement for New Boston-Area Soccer Stadium
The Kraft Group, which also owns the New England Patriots, will make an initial payment of $3 million over six years to Boston, which will go into the Charlestown Community Impact Fund Continue Reading The Kraft Group Reaches Agreement for New Boston-Area Soccer Stadium
Recent Posts
Hits and Misses for the Real Estate Week of April 6-10
NAR in $52.2 Million Settlement of Tuccori Commissions Lawsuit
First-Time Homebuyers Accounted for 21% of the Texas Housing Market
Mid-Atlantic Region Records Spike in Listings
Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Year…
Popular Articles
Exclusive News
Hooters to Close 30 Restaurants
The company’s franchises, including its 60 overseas locations, are not being impacted. Continue Reading Hooters to Close 30 Restaurants
Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium
State Sen. Jerry Cirino, a Republican, is advocating for the money to come from the state’s $3.7 billion in unclaimed funds. Continue Reading Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium
NAR Updates Hate Speech Policy Within Code of Ethics
The updated language aligns the definition of “harassment” with the NAR Member Code of Conduct. Continue Reading NAR Updates Hate Speech Policy Within Code of Ethics
Joseph Yi Named Chief Investment Officer at Palette Hotels
Yi previously held chief investment officer roles at Frontier Development & Hospitality Group and Real Hospitality Group. Continue Reading Joseph Yi Named Chief Investment Officer at Palette Hotels
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down from last week when it averaged 6.89%. Continue Reading Mortgage Rates in Mild Decline
Wyoming Lawmakers Consider Abolishing Property Taxes
Sen. Bob Ide, a Republican, advocated for the ending of all property taxes – residential, commercial, industrial and personal. Continue Reading Wyoming Lawmakers Consider Abolishing Property Taxes
Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
19.1% of listings featured reduced prices, the highest share for any May since at least 2016. Continue Reading Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
Report: Fewer Home Purchase Loans During Q1
ATTOM found the total dollar value of loans was down by 18% to $478 billion. Continue Reading Report: Fewer Home Purchase Loans During Q1
Maryland Man Sentenced for Role in Attempted Fraudulent Sale of Property
Duane Dixon Jr. was found guilty last January of conspiracy to commit wire fraud and three counts of wire fraud. Continue Reading Maryland Man Sentenced for Role in Attempted Fraudulent Sale of Property