Featured Real Estate News
Foshay Tower, Historic Minneapolis Property, Faces Foreclosure
The Foshay Tower, a landmark building in downtown Minneapolis, is facing foreclosure after its owners failed to pay off its $51 million mortgage. The Star-Tribune reports the mortgage’s maturity date came in May 2025. Deutsche Bank filed the complaint as a trustee...
Foshay Tower, Historic Minneapolis Property, Faces Foreclosure
The 32-story Art Deco property was built in 1929 as the corporate headquarters for utilities mogul Wilbur Foshay. Continue Reading Foshay Tower, Historic Minneapolis Property, Faces Foreclosure
Florida Lawmaker Leads Petition Drive to Abolish Property Taxes
A Florida lawmaker is seeking to jump-start efforts to abolish property taxes through a citizens initiative campaign. WKMG Click Orlando reports Rep. Ryan Chamberlin (R-Belleview) announced his plan after his effort to end property taxes failed in the recently...
NAR Unveils ‘Expertise-Driven Application Process’ for 2027 Governance Committees
The National Association of Realtors (NAR) has unveiled what it described as a “new expertise-driven application process” for potential candidates seeking positions on the 2027 governance committees. According to NAR, the new application process introduces an...
Survey: Most Canadian Homeowners Have No Plans to Move
More than half (55%) of Canadian homeowners plan to stay in their current home for the foreseeable future while only 10% are looking to upsize, according to a new survey conducted by CPA Canada. At the same time, 61% of homeowners looking to move complained they are...
News & Current Events
Q1 Retail Construction Activity Down Year-Over-Year
CoStar Group noted that current construction volumes are near levels last seen in the early stages of the post-pandemic recovery. Continue Reading Q1 Retail Construction Activity Down Year-Over-Year
Report: Chicago Mayor Johnson Revives Plan to Keep the Bears from Leaving the City
The Bears previously rejected the Bronzeville site due to its “very narrow” parameters and the presence of active rail lines. Continue Reading Report: Chicago Mayor Johnson Revives Plan to Keep the Bears from Leaving the City
Florida Property Manager Sought by Police for Embezzling HOAs
Alexandra Delacaridad Gonzalez’s whereabouts are unknown. Continue Reading Florida Property Manager Sought by Police for Embezzling HOAs
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Exclusive News
FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
“Thanks to President Trump’s landslide victory, we are replacing a disruptive and expensive Biden insurance mandate with commonsense policies for today’s market,” said FHFA Director Bill Pulte. Continue Reading FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
REMAX: Homes Sold Faster During February Amid Fewer New Listings
“With spring on the horizon, we started to see the market regain some momentum, particularly in how quickly homes are selling,” said Chris Lim, president of REMAX. Continue Reading REMAX: Homes Sold Faster During February Amid Fewer New Listings
Walton Global Debuts US Land Fund for International Investors
The fund has been certified as Shariah-compliant by Masryef Advisory. Continue Reading Walton Global Debuts US Land Fund for International Investors
Mortgage Application Activity Sinks Amid Pullback in Refinancing
“Purchase applications remained steady despite the higher rates,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Sinks Amid Pullback in Refinancing
Keith Pettigrew Selected to Become New CEO at Chicago Housing Authority
The CHA has been without a CEO for the past 16 months. Continue Reading Keith Pettigrew Selected to Become New CEO at Chicago Housing Authority
NY Attorney General Files Fraud Lawsuit Against Home Improvement Company Attyx
.“Attyx preyed on vulnerable and elderly homeowners with false promises and predatory tactics,” said Attorney General Letitia James. Continue Reading NY Attorney General Files Fraud Lawsuit Against Home Improvement Company Attyx
Dodger Stadium Sells Field Naming Rights to Japanese Brand Uniqlo
The financial aspects of the deal were not disclosed. Continue Reading Dodger Stadium Sells Field Naming Rights to Japanese Brand Uniqlo
California Home Sales and Prices Up in February
California’s median home price in February was $830,370, up by less than 1% from 23-month low of $823,180 in January. Continue Reading California Home Sales and Prices Up in February
Tempus Realty Partners Acquires Industrial Portfolio for $22.2 Million
The portfolio includes five assets across two properties spanning a total of 311,158 square feet on 23 acres. Continue Reading Tempus Realty Partners Acquires Industrial Portfolio for $22.2 Million