Featured Real Estate News
Existing Home Sales Up by 1.7% in February
Existing home sales increased by 1.7% month-over-month in February, to a seasonally adjusted annual rate of 4.09 million, according to data from the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.4%. Month-over-month sales...
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February
Report: Nationwide Mortgage Delinquency Rate at 4-Year High
The number of past-due mortgages rose by 275,000 from October to 2.3 million in November, raising the national delinquency rate to 3.85% — the highest level in over four years. According to a new data report from ICE Mortgage Technology, a division of Intercontinental...
Democratic Attorneys General Sue to Block Defunding of the CFPB
A coalition of Democratic state attorneys general has sued the Trump administration to stop the complete defunding of the Consumer Financial Protection Bureau (CFPB). In the lawsuit, the attorneys general pointed out that Russ Vought, the acting CFPB director, is...
Denver City Council Approves $70 Million for New Soccer Stadium
The Denver City Council has approved a series of measures that will enable the owners of the Denver Summit FC professional women’s soccer team to build a 14,500-seat stadium at the site of the old Gates Rubber Factory. According to coverage from Denverite.com, the...
News & Current Events
Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Genesis LA will originate loans to support homeownership, economic development, and nonprofit facilities in the Altadena and Pasadena areas. Continue Reading Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
reAlpha Tech Corp. Acquires InstaMortgage
Under the terms of the definitive agreement, reAlpha would acquire 100% of the outstanding equity of InstaMortgage for total consideration of approximately $8.5 million. Continue Reading reAlpha Tech Corp. Acquires InstaMortgage
Maine’s Housing Market was a November to Forget
The state reported a median sales price of $399,000 for single-family existing homes sold in November. Continue Reading Maine’s Housing Market was a November to Forget
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Obama’s Former Martha’s Vineyard Rental Listed at $39 Million
The Obamas rented the property during the summers of 2009, 2010 and 2011 at $50,000 per week. Continue Reading Obama’s Former Martha’s Vineyard Rental Listed at $39 Million
Bankrupt Canadian Retailer Hudson’s Bay to Shutter 7 Remaining Stores
Hudson’s Bay filed for creditor protection earlier in March, owing $950 million to nearly 2,000 secured and unsecured creditors. Continue Reading Bankrupt Canadian Retailer Hudson’s Bay to Shutter 7 Remaining Stores
Hits and Misses for the Real Estate Week of April 21-25
This week’s Hits and Misses feature homebuyers who regret their purchase, a new approach to data center development, and another attempt to combat homelessness. Continue Reading Hits and Misses for the Real Estate Week of April 21-25
‘Fixer Upper’ Carpenter Clint Harp Leaving TV to Become a Realtor
“New journey. New chapter,” said Harp in an Instagram post. Continue Reading ‘Fixer Upper’ Carpenter Clint Harp Leaving TV to Become a Realtor
Commercial Real Estate Mortgage Borrowing and Lending Up 16% in 2024
Depositories were the leading capital source for the sector’s mortgage debt last year. Continue Reading Commercial Real Estate Mortgage Borrowing and Lending Up 16% in 2024
Stonepeak Launches Data Center Development Company
Montera is led by company founder and CEO Eanna Murphy, formerly a data center executive at Yondr and Google. Continue Reading Stonepeak Launches Data Center Development Company
Poll: 3 in 4 Canadians Support a Ban on Foreigners Buying Residential Properties
Just over half of Canadians (51%) trust the federal government under the Liberals to deliver affordable housing across the country. Continue Reading Poll: 3 in 4 Canadians Support a Ban on Foreigners Buying Residential Properties
Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics
During 2024, less than one-fifth (18%) of all Californians earned enough income to afford an $865,440 statewide median-priced detached home. Continue Reading Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics
Jack in the Box to Close Up to 200 Restaurants
The new program will consist of approximately 80-120 restaurant closures between now and Dec. 31. Continue Reading Jack in the Box to Close Up to 200 Restaurants