Featured Real Estate News
Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
Ottawa-headquartered InterRent Real Estate Investment Trust (TSX: IIP.UN) has announced that Chairman and CEO Brad Cutsey is resigning effective March 23. He will also step down as a trustee of the multifamily market-focused REIT. The company said Cutsey’s departure...
Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
The company said Cutsey’s departure will enable him “to turn his attention to the next chapter of his career.” Continue Reading Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
Home Affordability in Q4 Remained Mostly Elusive
Homes were less affordable than historical averages in almost every county with sufficient data to analyze for the fourth quarter of 2025, according to a new report from ATTOM. Out of the 594 counties analyzed for the report, 99% (586) of the counties had...
Mortgage Credit Availability Declined in December
Mortgage credit availability ended 2025 on a down note, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI dropped by 2.6% to 104.7 in December; the index was benchmarked to 100 in March 2012. The...
Leadership Shift Announced at Toll Brothers
The luxury homebuilder Toll Brothers Inc. (NYSE: TOL) has announced a shift in its leadership, with Chairman and CEO Douglas C. Yearley Jr. transitioning to the role of executive chairman of the board on March 30 while Executive Vice President Karl K. Mistry will...
News & Current Events
Mill Creek Residential Breaks Ground on Single-Family BTR Community in Austin
Mill Creek Residential has broken ground on its latest Texas development: Amavi Northwest Austin, a single-family, build-to-rent (BTR) community in the Northwest Austin/Round Rock metropolitan area. The gated, pet-friendly community will feature 144 three- and...
Democrat Senator Calls on Trump to Declare National Emergency on Housing
The White House did not comment on Slotkin’s remarks or legislation. Continue Reading Democrat Senator Calls on Trump to Declare National Emergency on Housing
Multifamily Housing Proposed at Site of Shuttered Historic San Francisco Theater
The Empire Theater opened in 1925 and permanently closed in February 2021. Continue Reading Multifamily Housing Proposed at Site of Shuttered Historic San Francisco Theater
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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
New York Real Estate Broker Arrested for Forgery and Identity Theft
An investigation found Jean Maloney forged the business owner’s signature on a real estate sale contract for a property owned by the business. Continue Reading New York Real Estate Broker Arrested for Forgery and Identity Theft
Penn State to Close 7 Campuses
The board voted 25 to 8 to close the DuBois, Fayette, Mont Alto, New Kensington, Shenango Wilkes-Barre and York campuses. Continue Reading Penn State to Close 7 Campuses
Home Sales and Prices Down in Florida
The statewide median sales price for single-family existing homes last month was $412,734, down 4% from the previous year. Continue Reading Home Sales and Prices Down in Florida
Report: Connecticut’s Severe Housing Shortage Was a Long Time in the Making
The state’s price increases of 63.7% over the past five years outpaced the national average of 55.5%. Continue Reading Report: Connecticut’s Severe Housing Shortage Was a Long Time in the Making
New York State Records 6.2% Drop in Home Sales
The state’s median price of homes increased for the 21st straight month. Continue Reading New York State Records 6.2% Drop in Home Sales