Featured Real Estate News
Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March
Nearly 53,000 U.S. home-sale agreements fell through in March, equal to 13.4% of homes that went under contract that month. This share is up from 12.5% a year earlier and tied with 2023 as the highest March share on record, aside from the pandemic panic of 2020....
Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March
San Antonio led the major metros with 18.7% of home purchase agreements terminating early. Continue Reading Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March
Bascom Group Acquires 294-Unit Las Vegas Apartment Community for $103 Million
The Bascom Group LLC, an Irvine, California-based private equity firm, announced its $103 million acquisition of The Ellison, a 294-unit apartment community located in the Summerlin/Spring Valley submarket of Las Vegas. Completed in 2024, The Ellison is a five-story...
Prosecutors Make Surprise Visit to Federal Reserve HQ Renovation Site
Prosecutors from the office of US Attorney Jeanine Pirro attempted to make an unannounced inspection of the construction work for the Federal Reserve’s headquarters renovation. The Wall Street Journal, sourcing its coverage from an unnamed “person familiar with the...
Judge Dismisses Defamation Lawsuit Brought by Fired Fannie Mae Workers Against FHFA’s Pulte
A federal judge has dismissed a defamation lawsuit filed by 61 former Fannie Mae (OTCQB: FNMA) employees against Bill Pulte, director of the Federal Housing Finance Agency (FHFA), who claimed without producing evidence that they were fired for making fraudulent...
News & Current Events
Ex-Massachusetts State Police Sergeant Pleads Guilty to Loan Fraud Tied to Real Estate Business
Damian Halfkenny was charged with one count of wire fraud, which provides for a sentence of up to 20 years in prison, three years of supervised release and a fine of $250,000. Continue Reading Ex-Massachusetts State Police Sergeant Pleads Guilty to Loan Fraud Tied to Real Estate Business
Ryan Serhant Expands Luxury Brokerage Into California
California is the 16th state for the company’s operations since it first expanded outside of New York in 2023. Continue Reading Ryan Serhant Expands Luxury Brokerage Into California
Survey: Most Home Sellers Are Optimistic About a Profitable Spring
The survey found 74% of respondents stating now is a good time to sell, while 83% of potential sellers expected to get their asking price or more this spring. Continue Reading Survey: Most Home Sellers Are Optimistic About a Profitable Spring
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Exclusive News
Reality TV Star-Turned-Real Estate Agent Tyler Cameron to Handle Sales on New Florida Luxury Development
Pricing for the townhomes starts at $1.75 million. Continue Reading Reality TV Star-Turned-Real Estate Agent Tyler Cameron to Handle Sales on New Florida Luxury Development
Rep. Donalds: Florida Property Tax Relief Would Be ‘Day 1’ Focus as Governor
Gov. DeSantis has repeatedly called for the abolishment of homestead property taxes. Continue Reading Rep. Donalds: Florida Property Tax Relief Would Be ‘Day 1’ Focus as Governor
Investor Consortium Acquires Montreal’s Historic Windsor Station
The 326,000-square-foot Windsor Station opened in 1889 and served as the headquarters of the Canadian Pacific Railway until 1996. Continue Reading Investor Consortium Acquires Montreal’s Historic Windsor Station
Alabama Builder Brings Home Sale Directly to Ethereum Blockchain
The company has purchased the land and finalized architectural plans for a 1,200-square-foot high-performance energy-efficient residence. Continue Reading Alabama Builder Brings Home Sale Directly to Ethereum Blockchain
Report: 46% More Sellers Than Buyers in Housing Market
The strongest buyer’s market last month was Miami, which had an estimated 163% more sellers than buyers. Continue Reading Report: 46% More Sellers Than Buyers in Housing Market
Zillow Signs Multiyear Partnership with Major League Baseball
Under the terms of the agreement, Zillow will become the official real estate and home rentals marketplace partner of MLB. Continue Reading Zillow Signs Multiyear Partnership with Major League Baseball
Nicole Smith Joins A&G Real Estate Partners as Head of Marketing and Communications
She joins the firm from Puro.earth, a Nasdaq-backed carbon-crediting platform and financial services company. Continue Reading Nicole Smith Joins A&G Real Estate Partners as Head of Marketing and Communications
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
Two Harbors Investment Corp. Identifies CrossCountry Mortgage as New Bidder for Merger
Two Harbors Investment Corp. (NYSE: TWO), a New York City-based mortgage servicing rights-focused real estate investment trust, announced that an unsolicited proposal to acquire all of the outstanding shares of common stock constituted a “Company Superior Proposal” as...