Featured Real Estate News
Justice Dept. Sues New Jersey Township Over Natural Gas Ban
The Department of Justice (DOJ) has filed a lawsuit against Morris Township, New Jersey, over its ordinance that bans the use of natural gas, propane gas, and fuel oil infrastructure and appliances in certain new residential construction. According to the lawsuit, the...
Justice Dept. Sues New Jersey Township Over Natural Gas Ban
“Where the federal government has exclusive authority to regulate appliances and infrastructure, we will fight state and local overreach,” said Principal Deputy Assistant Attorney General Adam Gustafson. Continue Reading Justice Dept. Sues New Jersey Township Over Natural Gas Ban
Florida CFO: Abolishing Property Taxes is Unlikely
Florida's Chief Financial Officer Blaise Ingoglia is predicting the state legislature will not follow Gov. Ron DeSantis’ call to abolish homestead property taxes. In an interview with WINK News, Ingoglia acknowledged that DeSantis has yet to propose a plan on how he...
Finance of America Reverse Debuts HomeSafe Second Line of Credit
Finance of America Reverse LLC has unveiled HomeSafe Second Line of Credit, which is being promoted as the “industry’s first second-lien reverse mortgage line of credit.” According to the Plano, Texas-based company, the product enables homeowners age 55 and older to...
Trump: State Farm is ‘Absolutely Horrible’ in Handling LA Wildfire Claims
President Trump has blasted the insurance industry for its treatment of homeowners who lost their properties in last year’s Los Angeles County wildfires, with a particular heaping of scorn aimed at State Farm. In a post on Truth Social, Trump wrote that elected...
News & Current Events
Chicago Bears CEO Pledges to Make a Stadium Decision in ‘Late Spring, Early Summer’
“I don’t think in the end it’s going to matter to people,” said Bears Chairman George H. McCaskey. Continue Reading Chicago Bears CEO Pledges to Make a Stadium Decision in ‘Late Spring, Early Summer’
Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Pritzker added the state was trying to alleviate the tax burden by providing more money for education. Continue Reading Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Ryan Griffin Named President at Home Run Financing
Griffin joined Home Run Financing in 2019 as vice president of compliance and corporate counsel. Continue Reading Ryan Griffin Named President at Home Run Financing
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CMBS Delinquency Rate Up 41 Basis Points to 7.55%
One year ago, the CMBS delinquency rate was 6.65%. Continue Reading CMBS Delinquency Rate Up 41 Basis Points to 7.55%
Apartment Rents Up Slightly in March
On an annual basis, rent growth eased slightly to 0.4% in March, down from 0.5% in February and from 1.5% one year earlier. Continue Reading Apartment Rents Up Slightly in March
Canopy Real Estate Partners Pays $13.39 Million for 36-Unit Phoenix-Area Multifamily Community
CJ Townhomes will be rebranded as The Sonoran Townhomes. Continue Reading Canopy Real Estate Partners Pays $13.39 Million for 36-Unit Phoenix-Area Multifamily Community
A Phil Hall Op-Ed: In Search of New Homes
Roughly half of the nation’s housing stock was built in the 1980s and earlier, with slightly more than one-third built before 1970. Continue Reading A Phil Hall Op-Ed: In Search of New Homes
New Data Reports Find Cooling but Continued Home Price Gains
FHFA Director Bill Pulte did not offer a public comment on the price increases. Continue Reading New Data Reports Find Cooling but Continued Home Price Gains
Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
“We don’t have a set deadline, but I am confident that sometime this spring/summer, we’ll know,” said Bears President Kevin Warren. Continue Reading Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
Lennar to Open 3 New Townhome Communities in Southwest Florida
The townhomes offer two-story, open-concept floor plans ranging from 1,343 to 1,392 square feet with three bedrooms and two baths. Continue Reading Lennar to Open 3 New Townhome Communities in Southwest Florida
First Residences Available in New Savannah-Area Build-to-Rent Community
Vertical construction began last October, with the first units expected in April and full project completion slated for early 2027. Continue Reading First Residences Available in New Savannah-Area Build-to-Rent Community
Bill Ackman Spurs Investors to Buy Shares in Fannie Mae and Freddie Mac
“Fannie and Freddie are stupidly cheap…They could be a 10X and it could happen soon,” he said. Continue Reading Bill Ackman Spurs Investors to Buy Shares in Fannie Mae and Freddie Mac