Featured Real Estate News
Foreclosure Starts Surged by 14% Year-Over-Year
A total of 38,840 residential properties had foreclosure filings during February, down 4% from the prior month but up 20% from one year earlier. According to data from ATTOM, lenders started the foreclosure process on 25,928 residential properties last month, down 2%...
Foreclosure Starts Surged by 14% Year-Over-Year
One in every 3,701 housing units had a foreclosure filing in February. Continue Reading Foreclosure Starts Surged by 14% Year-Over-Year
Compass Announces New Team to Serve Chicago Area
Compass Inc. (NYSE: COMP) announced the recruitment of Chicago-area industry veterans Charlie Cohen and Alex Morsch to launch a five-agent team called Cohen Morsch. Before joining Cross Street, Cohen spent more than a decade at Ridgetree Properties, where he focused...
Steve Sheetz, Who Expanded Convenience Store Chain Across 7 States, Dies at 77
Steve Sheetz, the convenience store executive who led the growth of his eponymous family-owned company to more than 800 locations across seven states, passed away on Jan. 4 at the age of 77 from respiratory complications following hospitalization for pneumonia....
Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal
Larry Ellison, the chairman of the software company Oracle, has sold his mansion on San Francisco’s Gold Coast for $45 million. The Wall Street Journal reports the sale of the Pacific Heights property occurred last month in an unpublicized off-market transaction. The...
News & Current Events
Dept. of Homeland Security Accuses Hilton of Refusing Minneapolis-Area Hotel Reservations for ICE Agents
The cancelation email said Hilton was “not allowing any ICE or immigration agents to stay at our property.” Continue Reading Dept. of Homeland Security Accuses Hilton of Refusing Minneapolis-Area Hotel Reservations for ICE Agents
Florida’s First Federal Bank Acquires NOLA Lending Group
First Federal anticipates retention of most NOLA Lending Group employees. Continue Reading Florida’s First Federal Bank Acquires NOLA Lending Group
QXO Receives $1.2 Billion Investment from Apollo to Fund Acquisitions
QXO stated that investment will fund at least one acquisition through July 15. Continue Reading QXO Receives $1.2 Billion Investment from Apollo to Fund Acquisitions
Recent Posts
Report: Renting a Home Is More Affordable Than Homeownership in All 50 Majo…
Connecticut Brokerage Joins Better Homes and Gardens Real Estate Brand
Social Media Influencer Sentenced for Running Real Estate Fraud Scheme
Mortgage Rates Decline for Second Straight Week
Q1 Foreclosure Filings Up 26% From Last Year
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Hits and Misses for the Real Estate Week of May 26-30
This week’s Hits and Misses include Gov. Ron DeSantis and Kim Reynolds, former Vice President Kamala Harris, and NAR’s newest executives. Continue Reading Hits and Misses for the Real Estate Week of May 26-30
CMBS Delinquency Rate Up by 5 Basis Points in May
The overall CMBS delinquent balance this month was $42.6 billion, up from $41.9 billion in April. Continue Reading CMBS Delinquency Rate Up by 5 Basis Points in May
Report: New Apartments Sitting Vacant for Months
Nearly 125,000 new apartments were completed in the fourth quarter, the second highest number on record. Continue Reading Report: New Apartments Sitting Vacant for Months
King Charles Makes Royal Property Available as Short-Term Rental
The refurbished property has a naughty history as the love-nest of Edward VII, the monarch’s great-great-grandfather, and his actress lover Lillie Langtry. Continue Reading King Charles Makes Royal Property Available as Short-Term Rental
Hyatt Launches New Upscale Hotel Brand
According to the company, the new brand is “designed for travelers who value the essentials and prefer spontaneity over structure.” Continue Reading Hyatt Launches New Upscale Hotel Brand
Ohio Bill Would Cut Seniors’ Property Taxes by 50%, Regardless of Income
Property tax has become a hot-button issue in Ohio. Continue Reading Ohio Bill Would Cut Seniors’ Property Taxes by 50%, Regardless of Income
Father-Son Duo Plead Guilty to Fraud in Bond Offerings Tied to Sports Complex
The Millers pleaded guilty to one count of securities offering fraud and one count of aggravated identity theft. Continue Reading Father-Son Duo Plead Guilty to Fraud in Bond Offerings Tied to Sports Complex
Home Vacancy Rate Holds Steady for 13th Straight Quarter
ATTOM’s analysis found 222,358 properties were in the foreclosure process during the second quarter. Continue Reading Home Vacancy Rate Holds Steady for 13th Straight Quarter
Cyberattack Shuts Down Real Estate Transactions in Wisconsin County
Christina Weitzel, team lead for the RE/MAX Mineral Point office, complained that the county has been slow in remediating the damage created by the cyberattack. Continue Reading Cyberattack Shuts Down Real Estate Transactions in Wisconsin County