Featured Real Estate News
Habitat for Humanity to Create ‘Pope Leo Village’ in Wichita
An anonymous donor has provided funds to Kansas’ Wichita Habitat for Humanity for the creation of an affordable housing development named in honor of Pope Leo XIV. KMUW reports “Pope Leo Village” will consist of eight rehabilitated homes in northeast Wichita. The...
Habitat for Humanity to Create ‘Pope Leo Village’ in Wichita
“We like to say that we are putting God’s love into action,” said Danielle Johnson, executive director of Wichita Habitat for Humanity. Continue Reading Habitat for Humanity to Create ‘Pope Leo Village’ in Wichita
Q1 Vacancy Rates Drop for Canadian Office and Industrial Real Estate
Vacancy rates for Canadian office and industrial properties declined in the first quarter, according to a new data report from Colliers. National office vacancy declined by 100 basis points year-over-year to 13.6%, which Colliers described as “one of the most...
Kansas City Mayor Pitches $1.9 Billion Plan for New Royals Stadium
Kansas City Mayor Quinton Lucas is proposing a $1.9 billion project that would build a new stadium for the Kansas City Royals in the heart of the downtown area. KCTV reports the new stadium would be based at Washington Square Park, one of the few green spaces in the...
Senate Confirmation Hearing for Fed Chairman Nominee Kevin Warsh is Delayed
The Senate hearing to consider President Trump’s nomination of Kevin Warsh to become the next Federal Reserve chairman has been indefinitely delayed. CNBC, sourcing its coverage from unnamed “people familiar with the matter,” reports the Senate Banking Committee has...
News & Current Events
Mortgage Credit Availability Improved in March
“Credit availability increased modestly in March to its highest level since August 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in March
Mortgage Rates Inch Down
The 30-year fixed-rate mortgage averaged 6.37% as of April 9, down from last week when it averaged 6.46%. Continue Reading Mortgage Rates Inch Down
White House Claims Powell ‘Signaled’ He Will Leave the Fed When New Chairman Arrives
This is not the first time that the White House offered claims about Powell’s departure. Continue Reading White House Claims Powell ‘Signaled’ He Will Leave the Fed When New Chairman Arrives
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NY Attorney General Files Fraud Lawsuit Against Home Improvement Company Attyx
.“Attyx preyed on vulnerable and elderly homeowners with false promises and predatory tactics,” said Attorney General Letitia James. Continue Reading NY Attorney General Files Fraud Lawsuit Against Home Improvement Company Attyx
Dodger Stadium Sells Field Naming Rights to Japanese Brand Uniqlo
The financial aspects of the deal were not disclosed. Continue Reading Dodger Stadium Sells Field Naming Rights to Japanese Brand Uniqlo
California Home Sales and Prices Up in February
California’s median home price in February was $830,370, up by less than 1% from 23-month low of $823,180 in January. Continue Reading California Home Sales and Prices Up in February
Tempus Realty Partners Acquires Industrial Portfolio for $22.2 Million
The portfolio includes five assets across two properties spanning a total of 311,158 square feet on 23 acres. Continue Reading Tempus Realty Partners Acquires Industrial Portfolio for $22.2 Million
Neighborhood Ventures Acquires 86-Unit Phoenix Multifamily Community for $19.5 Million
The acquisition further expands Neighborhood Ventures’ portfolio of Phoenix-area multifamily properties. Continue Reading Neighborhood Ventures Acquires 86-Unit Phoenix Multifamily Community for $19.5 Million
Pending Home Sales Up in February
“The slight gain in pending contracts appears to be driven by improved affordability conditions,” said NAR’s Lawrence Yun. Continue Reading Pending Home Sales Up in February
Canadian Home Sales Declined in February
The non-seasonally adjusted national average home price was $663,828 in February, down by a scant 0.2% from the same month last year. Continue Reading Canadian Home Sales Declined in February
HomeServices of America Teams with Zillow on ‘Coming Soon’ Pre-Market Listings
The program is available to HomeServices of America-owned companies and the Berkshire Hathaway HomeServices franchise network. Continue Reading HomeServices of America Teams with Zillow on ‘Coming Soon’ Pre-Market Listings
New Initiative Seeks to Abolish Property Taxes in South Dakota
“To me, this petition is all about freedom,” said Julie Frye-Mueller, a former state senator who is one of the leaders of this initiative. Continue Reading New Initiative Seeks to Abolish Property Taxes in South Dakota