Featured Real Estate News
Cole West Closes on 38 Homesites for New Utah Community
The real estate development company Cole West announced that it has closed on 38 homesites for a new community called Lone Tree in Syracuse, Utah. Located roughly 30 miles north of Salt Lake City, Lone Tree will consist of 38 single-family homes ranging from 3,500 to...
Cole West Closes on 38 Homesites for New Utah Community
Development is slated to begin this summer, with home sales commencing early next year with prices expected to start in the $700,000s. Continue Reading Cole West Closes on 38 Homesites for New Utah Community
National Mortgage Bankers Promotes Yasser Valdes Herrera to President of Americasa Mortgage Platform
Nationwide Mortgage Bankers (NMB) has promoted Yasser Valdes Herrera to president of Americasa, the company’s Spanish-language mortgage platform. Herrera first joined the company in 2022 as a loan officer before being promoted to producing sales manager. He served as...
Hits and Misses for the Real Estate Week of April 6-10
Home sellers aggressively cutting their listings prices, a stalemate for Kansas property tax relief, and a hurricane-damaged stadium reopens for the new baseball season. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April...
NAR in $52.25 Million Settlement of Tuccori Commissions Lawsuit
The National Association of Realtors (NAR) announced it has reached a settlement resolving claims brought by homebuyers in the class-action antitrust lawsuit Tuccori v. At World Properties related to buyer-agent commissions. Under the terms of the settlement, which is...
News & Current Events
First-Time Homebuyers Accounted for 21% of the Texas Housing Market
his is slightly above the all-time low of 20% recorded in 2024. Continue Reading First-Time Homebuyers Accounted for 21% of the Texas Housing Market
Mid-Atlantic Region Records Spike in Listings
The median sold price of $425,000 was a 3.7% uptick from the $410,000 price from 12 months before. Continue Reading Mid-Atlantic Region Records Spike in Listings
Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Years, Receives Conditional Approval
The new bank plans to open later this year and will serve commercial businesses, consumers and private wealth clients. Continue Reading Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Years, Receives Conditional Approval
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Hoover’s Hatchery Unveils State-of-the-Art Chicken Coop for Your Fine-Feathered Tenants
The US backyard poultry market is now at approximately 11 million households, roughly 13% of the population. Continue Reading Hoover’s Hatchery Unveils State-of-the-Art Chicken Coop for Your Fine-Feathered Tenants
Home Flipping Activity at 5-Year Low
The typical flipped home netted $65,981 in gross profit, down from $77,000 in 2024. , Continue Reading Home Flipping Activity at 5-Year Low
Palantir Teams with Moder on AI-Powered Mortgage Operations Platform
“This strategic partnership will reshape the future of our industry,” said Michael Middleman, chairman of Moder. Continue Reading Palantir Teams with Moder on AI-Powered Mortgage Operations Platform
Two Harbors Receives Unsolicited Acquisition Bid That Would Cancel Merger with UWM
UWM Holdings did not immediately issue a public comment on this development. Continue Reading Two Harbors Receives Unsolicited Acquisition Bid That Would Cancel Merger with UWM
Report: New Stadium Proposed for Chicago White Sox
Amtrak did not confirm that its 47-acre railroad yard was up for sale. Continue Reading Report: New Stadium Proposed for Chicago White Sox
Compass Drops Lawsuit Against Zillow
“Our goal has always been to give homeowners more choice to decide when, where, and how to market their homes,” said Compass Chairman and CEO Robert Reffkin. Continue Reading Compass Drops Lawsuit Against Zillow
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
Federal Reserve Maintains Rate Range
Only Fed Gov. Stephen Miran dissented, with a call for a quarter-percentage point rate cut. Continue Reading Federal Reserve Maintains Rate Range
eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
“If a home is being marketed to the public, consumers deserve the opportunity to see it,” said Leo Pareja, CEO of eXp Realty. Continue Reading eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication