Featured Real Estate News
Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
The purchase rights to the San Francisco Centre, the once-grand 1.5 million-square-foot mall that was shuttered in January, has been awarded to a partnership of Presidio Bay Ventures and Prado Group. The San Francisco Chronicle, citing input from unnamed “sources with...
Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
It is unclear what the companies plan to do with the property. Continue Reading Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
Ralph O. McDaniel, Prominent Figure in Arkansas Real Estate, Dies at 82
Ralph O. McDaniel, a prominent figure in the Arkansas real estate industry, passed away on Dec. 24 at the age of 82. McDaniel was born on Nov. 15, 1943, in Little Rock, Arkansas. He graduated from Fuller High School in 1961 and then attended the University of Arkansas...
4 Northeast Governors Demand Briefing on Why Trump Suspended Offshore Wind Projects
The governors of four northeast states impacted by the Trump administration’s suspension of the leases on five offshore wind projects are demanding that they either receive a briefing on the alleged national security threats cited for the suspensions or the immediate...
Hits and Misses for the Real Estate Year of 2025
As we prepare to tuck 2025 into the history books, let’s take a look back at the year to highlight some of the Hits and Misses that dominated the real estate industry. Hit: The Property Tax Revolt. The year’s biggest story, by far, was the spontaneous eruption of...
News & Current Events
White House to Provide Update on East Wing Ballroom Plans in January Hearing
The nonprofit National Trust for Historic Preservation has filed a lawsuit to stop the ballroom’s construction. Continue Reading White House to Provide Update on East Wing Ballroom Plans in January Hearing
Amanda Stinton Joins NC Realtors as Chief Operating Officer
Stinton previously served as CEO of the Women’s Council of Realtors, a 14,000-member national organization. Continue Reading Amanda Stinton Joins NC Realtors as Chief Operating Officer
$150 Million Penthouse Sale Breaks New Record for Dubai Luxury Real Estate Market
The 47,200-square-foot penthouse was transacted by Abdullah Binghatti, chief sales officer of Binghatti. Continue Reading $150 Million Penthouse Sale Breaks New Record for Dubai Luxury Real Estate Market
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Exclusive News
Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Construction is expected to start in the third quarter of this year, with the first phase anticipated to be completed in 2027. Continue Reading Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Report: Anywhere Real Estate Makes Bid to Acquire Douglas Elliman
Neither company has publicly commented on the report. Continue Reading Report: Anywhere Real Estate Makes Bid to Acquire Douglas Elliman
British Columbia Realtor Fined for Loan to Clients to Buy Property He Was Selling
Pardeep Singh Sandhu loaned $55,000 to prospective buyers to help them secure a mortgage for a residence in Abbotsford. Continue Reading British Columbia Realtor Fined for Loan to Clients to Buy Property He Was Selling
Hits and Misses for the Real Estate Week of May 19-23
An unholy misuse of eminent domain, a ritzy Los Angeles mansion with a significant stigma, and a Maine broker running for governor. Continue Reading Hits and Misses for the Real Estate Week of May 19-23
New Home Sales Surged in April
The median sales price of new houses sold in April was $407,200. Continue Reading New Home Sales Surged in April
RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
The RE/MAX network has a presence in over 110 countries and territories. Continue Reading RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
Housing Inventory Up 30.6%, a New Post-Pandemic High
A greater choice of homes for sale did not translate into a surge in homebuying. Continue Reading Housing Inventory Up 30.6%, a New Post-Pandemic High
Illinois Home Sales Decline While Housing Inventory Grows
For the nine-county Chicago metro area, a total of 7,857 homes were sold last month, down 4.2% from April 2024. Continue Reading Illinois Home Sales Decline While Housing Inventory Grows
Alabama Home Sales Dropped in April
The median sales price of $224,967 marked a 2.2% monthly decrease ($5,033) and an annual increase of 13.3% from the $198,486 price recorded one year earlier. Continue Reading Alabama Home Sales Dropped in April