Featured Real Estate News
California Home Sales Fizzle as Median Home Price Spikes by 7.1%
Closed escrow sales of existing, single-family detached homes in California during March declined 3.5% month-over-month and fell 2.5% on year-over-year basis for the third straight month. According to data from the California Association of Realtors (CAR), total home...
California Home Sales Fizzle as Median Home Price Spikes by 7.1%
The statewide Unsold Inventory Index declined 17.5% from February and was down 5.7% from March 2025. Continue Reading California Home Sales Fizzle as Median Home Price Spikes by 7.1%
KB Home to Move HQ from Los Angeles to Phoenix Metro Area
The homebuilder KB Home (NYSE: KBH) is relocating its corporate headquarters from Los Angeles to the Phoenix metro area. The company will establish new headquarters in Tempe, Arizona, in the spring of 2027. In a press statement, the company said the relocation will...
Mortgage Applications for New Home Purchases at 14-Year High
Mortgage applications for new home purchases during March were up by 26% from the prior month and up 11% year-over-year, according to data from the Mortgage Bankers Association's (MBA) Builder Application Survey. “Applications for the purchase of newly built homes...
San Diego’s Jackson Arnett Group Joins Douglas Elliman Realty
Douglas Elliman Realty, the luxury real estate brokerage division of Douglas Elliman Inc. (NYSE: DOUG), announced the San Diego-based Jackson Arnett Group has joined the firm. Previously affiliated with Compass (NYSE: COMP), Jackson Arnett Group focuses on...
News & Current Events
Thompson Thrift to Build 273-Unit Multifamily Community in Reno
The company expects the first residents by September 2027. Continue Reading Thompson Thrift to Build 273-Unit Multifamily Community in Reno
Oakwood Homes to Begin Sales at New Utah Master-Planned Community
Sales are slated to start in May and pricing begins in the low $500,000s. Continue Reading Oakwood Homes to Begin Sales at New Utah Master-Planned Community
Obama HUD Chief: Trump Housing Rule Would ‘Scapegoat Immigrants’
“American citizens, too, would become collateral damage,” Castro claimed. Continue Reading Obama HUD Chief: Trump Housing Rule Would ‘Scapegoat Immigrants’
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Hits and Misses for the Real Estate Week of March 16-20
A drop in new home sales, an increase in political trash talking, and a tribute to a multifamily sector leader. Continue Reading Hits and Misses for the Real Estate Week of March 16-20
Virginia Home Sales Up 7.4% in February
The statewide median sales price was $410,000, up 1.6% from February 2025. Continue Reading Virginia Home Sales Up 7.4% in February
Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
Judge Jeremy Kernodle, a Trump appointee, declared that FinCEN “fails to explain or show how non-financed residential real estate transactions are categorically ‘suspicious.'” Continue Reading Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
“Our client believes the existing Soldier Field site is the ideal location for a world-class venue,” said Edward Peck, managing director of Edward Peck Design. Continue Reading New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Redfin cited estimates that predicted AI could displace up to 30% of US jobs, with 80% of workers affected in some way. Continue Reading Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
The financial terms of the deal were not disclosed. Continue Reading Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
She served as CREFC’s chairperson in 2010–2011 and was a member of its board of governors for more than nine years. Continue Reading Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
To fill in the deficit, some proposals being considered include a $20 to $30 increase on property taxes. Continue Reading Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
Chicago Boosts Hotel Tax, Making it the Nation’s Highest
The tax increase applies to room rates at hotels with 100 or more rooms. Continue Reading Chicago Boosts Hotel Tax, Making it the Nation’s Highest