Featured Real Estate News
Florida Mansion, 5 NYC Properties Topped February’s Most Expensive Home Sales
A never-before-listed oceanfront estate in Florida was the most expensive home sale in February while New York City properties accounted for five of the top 10 most expensive sales of the month, according to a new report from Redfin. The four most expensive homes sold...
Florida Mansion, 5 NYC Properties Topped February’s Most Expensive Home Sales
The four most expensive homes sold last month brought in $50 million or more, while all 10 sold for north of $30 million. Continue Reading Florida Mansion, 5 NYC Properties Topped February’s Most Expensive Home Sales
Trophy Signature Homes to Develop Dallas-Area Community Aimed at First-Time Homebuyers
Trophy Signature Homes, a subsidiary of Green Brick Partners Inc. (NYSE: GRBK), has announced the development of Nicholson Ranch, a new 1,635-lot master-planned community in the Dallas suburb of Lavon, Texas. Trophy will offer three of its home collections in the...
16 State Attorneys General Sue HUD Over Funding Threats Against Fair Housing Enforcement
A coalition of 16 Democratic state attorneys general have filed a lawsuit against the Department of Housing and Urban Development (HUD), claiming the agency used threats to withhold funding from state and local fair housing enforcement agencies. In their lawsuit, the...
Vietnam Bank to Auction Assets of Convicted Real Estate Mogul Behind Nation’s Largest Fraud Case
The Vietnamese bank at the center of that nation’s largest fraud case is preparing to auction a portfolio of assets belonging to convicted real estate tycoon Truong My Lan. The Japan Times is reporting Saigon Commercial Bank is planning to hire an auction firm to...
News & Current Events
Florida Home Sales Up While Prices Decline
The statewide level of single-family existing homes was at a 4.8-months’ supply while existing condo-townhouse properties were at a 9.3-months’ supply last month. Continue Reading Florida Home Sales Up While Prices Decline
Builder Confidence Inches Up Very Slightly
“Affordability for buyers and builders remains a top concern,” said NAHB Chairman Bill Owens. Continue Reading Builder Confidence Inches Up Very Slightly
Bing Crosby’s Former Northern California Estate Relisted 9 Months After Selling at a Discount
The French chateau-style residence in Silicon Valley enclave of Hillsborough was built in 1929. Continue Reading Bing Crosby’s Former Northern California Estate Relisted 9 Months After Selling at a Discount
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Exclusive News
Century Communities to Begin Sales at New South Carolina Townhome Community
Pricing for the residences start in the low $200,000s. Continue Reading Century Communities to Begin Sales at New South Carolina Townhome Community
Trump Says Tech Companies Pledged to Build Power Plants for Their Data Centers
The administration offered no further details on which companies agreed to this request. Continue Reading Trump Says Tech Companies Pledged to Build Power Plants for Their Data Centers
Mortgage Application Activity Remains Flat
The FHA share of total applications decreased to 16.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Remains Flat
Kentucky Home Sales Drop Amid Spike in New Listings
“Despite being in the middle of real estate’s slower season, now is still a great time to buy in Kentucky,” said Kentucky Realtors CEO Josh Summers. Continue Reading Kentucky Home Sales Drop Amid Spike in New Listings
DDB Capital to Create 52-Acre Residential Community in Alabama
The first home sales are anticipated in the fourth quarter of this year. Continue Reading DDB Capital to Create 52-Acre Residential Community in Alabama
New FICO Mortgage Simulator Previews Potential Impact of Different Credit Actions
The new tool simulates how different credit actions could impact several of the FICO Score versions used in mortgage lending. Continue Reading New FICO Mortgage Simulator Previews Potential Impact of Different Credit Actions
Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
“Housing affordability is one of the defining economic challenges of our time, and increasing supply is essential to addressing it,” said Jane Fraser, CEO and board chairwoman of Citi. Continue Reading Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
Report: San Francisco’s Iconic Transamerica Pyramid to Be Sold
The deal has yet to be finalized and sale price was not disclosed. Continue Reading Report: San Francisco’s Iconic Transamerica Pyramid to Be Sold
Tech Trends: Digital Tools for the Homebuyer
In the UK, 54% of identity verification checks are done manually. Continue Reading Tech Trends: Digital Tools for the Homebuyer