Featured Real Estate News
Demolition Begins at Boston’s Historic Matthews Arena
Demolition has begun at Boston’s Matthews Arena, which had been the world's oldest multi-purpose athletic building and the oldest hockey arena. Northeast University, which owns the property, announced the demolition will take about three months. The school plans to...
Demolition Begins at Boston’s Historic Matthews Arena
Over the years, it served as the original home of the NHL’s Boston Bruins and the NBA’s Boston Celtics. Continue Reading Demolition Begins at Boston’s Historic Matthews Arena
Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
A Michigan lawmaker has introduced legislation that would exempt homeowners from paying school-related property taxes if they do not have dependents enrolled in government-funded K-12 schools. State Rep. Steve Carra, a Republican, seeks to amend Michigan’s General...
Chicago Bears, Stymied in Push for New Stadium, Floats Idea for Relocation to Indiana
The Chicago Bears leadership is floating the possibility of moving the team across the Illinois border into Indiana to achieve a new stadium. In an open letter, President and CEO Kevin Warren stated that while the team still believed that a location in suburban...
WWE’s Former HQ Approved for Conversion into Apartment Complex
The former headquarters complex of the WWE professional wrestling operations has been approved for conversion in residential housing. The Zoning Board for the City of Stamford, Connecticut, unanimously approved plans to transition the building into 84 apartments....
News & Current Events
CTO Realty Growth Acquires 35-Acre Florida Retail Center for $65.2 Million
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in the higher growth Southeast and Southwest markets, has acquired Pompano Citi Centre, an open-air retail center located on 35 acres in the Pompano Beach submarket of Fort...
Report: Spikes in Heart Attacks and General Illness Following LA County Wildfires
The report noted a 118% increase in visits for general illness, a 46% increase in the number of visits for heart attack, and a 24% increase in visits for pulmonary illness. Continue Reading Report: Spikes in Heart Attacks and General Illness Following LA County Wildfires
NYC Personal Trainer Indicted in Rental Housing Scam
Jerry Genesis was previously indicted last February for a refund scam involving 10 victims tied to his personal training business. Continue Reading NYC Personal Trainer Indicted in Rental Housing Scam
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Q1 Foreclosure Filings Up 26% From Last Year
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European Central Bank Cuts Interest Rates by 25 Basis Points
The ECB noted that “the disinflation process is well on track” but warned about challenges ahead. Continue Reading European Central Bank Cuts Interest Rates by 25 Basis Points
Average Property Tax on Single-Family Home Up 2.7% in 2024
The 10 states with the highest effective tax rates in 2024 were all in the Northeast and middle of the country. Continue Reading Average Property Tax on Single-Family Home Up 2.7% in 2024
Report: Homes Are Taking Longer to Sell
Active listings hit the highest level in five years in March via a 0.1% month-over-month uptick. Continue Reading Report: Homes Are Taking Longer to Sell
RE/MAX: Home Sales Up 23% in March
The median sales price last month was $435,000, which was nearly $8,000 (1.8%) higher than in February. Continue Reading RE/MAX: Home Sales Up 23% in March
Jim Dinegar Named CEO of Society of Industrial Office Realtors
He replaced Robert Thornburgh, who stepped down to become regional president of the Southwest Region at Cushman & Wakefield. Continue Reading Jim Dinegar Named CEO of Society of Industrial Office Realtors
Christie’s International Real Estate Expands into New Zealand
Award-winning agents Russell and Angela Thomas are co-leading the firm. Continue Reading Christie’s International Real Estate Expands into New Zealand
New Chief Operating Officer at Ginnie Mae
Joseph M. Gormley will lead Ginnie Mae’s strategic initiatives, operational functions, and risk management efforts. Continue Reading New Chief Operating Officer at Ginnie Mae
eXp Realty Releases Advisory Form for Sellers Planning a Private Listing
The form is open-sourced and available now for agents, brokers, and consumers. Continue Reading eXp Realty Releases Advisory Form for Sellers Planning a Private Listing
Inbound Migration to Sun Belt States Waned in 2024
Tampa recorded a net inflow of just over 10,000 residents last year, less than one-third the 35,000-person net inflow in 2023. Continue Reading Inbound Migration to Sun Belt States Waned in 2024