Featured Real Estate News
$17.2 Million Listing for Penthouse Sets Record in Uruguay
A luxury penthouse in Uruguay’s seaside resort city of Punta del Este is being listed for $17.2 million, a new record high for that South American country’s housing market. Mansion Global reports the 17,500-square-foot condominium is based in Cipriana Punta del Este...
$17.2 Million Listing for Penthouse Sets Record in Uruguay
Edgardo Defortuna, CEO at Fortune International, who is leading sales for the project, observed, “This is a trophy property within a landmark development that introduces a level of design, hospitality and service that Punta del Este has never experienced before.” Continue Reading $17.2 Million Listing for Penthouse Sets Record in Uruguay
REMAX: Home Sales Down 4.7% in November
Home sales were down 4.7% year-over-year and down 18.5% month-over-month across the 51 metro areas surveyed for the latest national housing report published by REMAX (NYSE: RMAX). San Antonio recorded the greatest year-over-year sales decline at -22.9% while Wichita,...
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...
News & Current Events
WWE’s Former HQ Approved for Conversion into Apartment Complex
The four-story building, nicknamed “Titan Towers,” was constructed in 1981 on a parcel just off I-95. Continue Reading WWE’s Former HQ Approved for Conversion into Apartment Complex
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
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Habitat for Humanity Canada Issues Report on its Economic Impact
Habitat for Humanity Canada invested approximately $306 million in building and renovating homes from 2019 to 2023. Continue Reading Habitat for Humanity Canada Issues Report on its Economic Impact
Canadian Home Sales Down in March
CREA is forecasting 482,673 residential properties to trade hands via Canadian MLS Systems this year. Continue Reading Canadian Home Sales Down in March
Security Properties Acquires Seattle Apartment Complex for $34.7 Million
Security Properties now owns 29 assets totaling more than 6,500 units in the Greater Seattle area. Continue Reading Security Properties Acquires Seattle Apartment Complex for $34.7 Million
Placemakr Launches First Utah Property
Placemakr Salt Lake City at Brix will offer 100 studio, one, and two-bedroom units available for residential leasing and 45 fully furnished hospitality units. Continue Reading Placemakr Launches First Utah Property
Real Estate Investor Says Seller’s Agent Refused to Do Business Because He Drives a Tesla
Charles Lamplough contacted the seller directly to purchase the property. Continue Reading Real Estate Investor Says Seller’s Agent Refused to Do Business Because He Drives a Tesla
FHFA to Establish Mortgage Fraud Tip Line
“There is no room for fraud in our mortgage markets. None,” said FHFA Director Bill Pulte. Continue Reading FHFA to Establish Mortgage Fraud Tip Line
First American Promoted CFO Mark E. Seaton to CEO
Treasurer Matt F. Wajner was promoted to fill the CFO role. Continue Reading First American Promoted CFO Mark E. Seaton to CEO
Redfin Follows Zillow’s Lead in Prohibiting Private Listings
Glenn Kelman, the company’s CEO, declared “we believe that all buyers should be able to see all listings.” Continue Reading Redfin Follows Zillow’s Lead in Prohibiting Private Listings
JTE Real Estate Previews New South Carolina Community
Arbor Ridge will offer an 18-unit mix of three- and four-bedroom homes. Continue Reading JTE Real Estate Previews New South Carolina Community