Featured Real Estate News
Keith Pettigrew Selected to Become New CEO at Chicago Housing Authority
The Chicago Housing Authority (CHA) has announced the selection of Keith Pettigrew as the agency’s next CEO. Pettigrew brings more than 30 years of public housing leadership to the CHA. He is currently the executive director of the District of Columbia Housing...
Keith Pettigrew Selected to Become New CEO at Chicago Housing Authority
The CHA has been without a CEO for the past 16 months. Continue Reading Keith Pettigrew Selected to Become New CEO at Chicago Housing Authority
New Data Reports Highlight Mild But Continued Home Price Acceleration
Two new data reports are highlighting mild increases in home prices during October. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 1.4% annual gain for October, up from a 1.3% rise in the previous month. The 10-City Composite showed an...
Georgia Home Sales Down 9% During November
Georgia recorded a total of 8,249 closed sales during November, a 9% year-over-year decline, while pending sales experienced a 7% drop to 8,241 transactions. According to data from the Georgia Association of Realtors, pending sales were down across all property types...
Gene Simmons Relists Beverly Hills Estate with $1 Million Price Cut
KISS frontman Gene Simmons has returned his Beverly Hills mansion to the market with $1 million slashed from the original listing price. TMZ reports the 7,741-square-foot four-bedroom, five-bathroom residence is now being offered for just under $13 million. The...
News & Current Events
Chicago Board of Education Approves Small Property Tax Hike
For a Chicago household with a $250,000 home, they will have to pay an additional $8 next year. Continue Reading Chicago Board of Education Approves Small Property Tax Hike
DOJ Announces Settlement with LivCor on Rental Housing Price Fixing
The consent decree does not carry a financial penalty or the acknowledgment of wrongdoing. Continue Reading DOJ Announces Settlement with LivCor on Rental Housing Price Fixing
Trump Renews Attacks on Fed Chairman Powell
“He should resign – it would be a favor to the nation,” Trump said. Continue Reading Trump Renews Attacks on Fed Chairman Powell
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Survey: Nearly One-Third of First-Time Homebuyers Express Buyer’s Remorse
The survey found 38% of first-time homebuyers felt pressured to make a homebuying decision quickly. Continue Reading Survey: Nearly One-Third of First-Time Homebuyers Express Buyer’s Remorse
Three Multifamily Properties Adjacent to Utah Governor’s Mansion to be Demolished
The state paid $7.2 million over the past few years to buy three residential buildings. Continue Reading Three Multifamily Properties Adjacent to Utah Governor’s Mansion to be Demolished
Dynamic City Capital Expands into Luxury Spa Resort Market
The property features 137 rooms and suites, a full-service spa, and curated wellness programs. Continue Reading Dynamic City Capital Expands into Luxury Spa Resort Market
242-Unit Multifamily Property in Suburban Minneapolis Sells for $59.5 Million
The Liberty has 55 townhomes and 187 apartments that range from 568 square feet to 1,536 square feet. Continue Reading 242-Unit Multifamily Property in Suburban Minneapolis Sells for $59.5 Million
CAPREIT Acquires 2 Apartment Communities in Maryland
CAPREIT plans to undertake $5 million in capital improvements on the properties. Continue Reading CAPREIT Acquires 2 Apartment Communities in Maryland
New Home Sales Up 7.4%
Sales of new single-family houses in March were at a seasonally adjusted annual rate of 724,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 7.4% above the February rate of 674,000 and is 6%...
CRMLS Rejects NAR’s Delayed Marketing Policy
“It’s time to stop unnecessarily changing up the rules and to let agents and brokers get back to work,” said CRMLS. Continue Reading CRMLS Rejects NAR’s Delayed Marketing Policy
Mortgage Application Activity Stumbles by 12.7%
The seasonally adjusted Purchase Index decreased 7% from one week earlier. Continue Reading Mortgage Application Activity Stumbles by 12.7%
The Agency Opens Ninth Office in Mexico
The Agency Valle de Bravo will be led by Managing Partner Ricardo Umansky and Managing Director Alex Cuttler. Continue Reading The Agency Opens Ninth Office in Mexico