Featured Real Estate News
Ritz-Carlton Residences Coming to Houston
Developers Deiso Moss and Cleary Interests announced the launch of public sales for The Ritz-Carlton Residences, Houston, the city's first co-located hotel and condominium residences for the luxury lodging brand. Located in the city’s Uptown-Galleria district, the...
Ritz-Carlton Residences Coming to Houston
Sales and marketing for the property are handled through private appointment by Redeavor Group. Continue Reading Ritz-Carlton Residences Coming to Houston
California Home Sales at 3-Year High
California home sales reached a three-year high, according to new data from the California Association of Realtors (CAR). Closed escrow sales of existing, single-family detached homes in California totaled 287,940 last month, up by 1.9% from the 282,590 sales in...
Report: Google Quietly Testing the Insertion of Real Estate Listings in Search Results
Google (NASDAG: GOOG, GOOGL) is quietly running a pilot test that puts residential listings directly into its search results. The company’s endeavor was uncovered by real estate tech consultant and blogger Mike Delprete, who noted the listings include “full property...
Fate of Decaying Frank Lloyd Wright House in Chicago Uncertain After Failed Foreclosure Auction
A Frank Lloyd Wright-designed residence in Chicago that has been in a state of dilapidation faces an uncertain future after its ownership was transferred to a mortgage company following a failed foreclosure auction. Artnet.com reports the Prairie style Walser House...
News & Current Events
Utah Property Manager Sentenced on Embezzlement and Bank Fraud Charges
He was also sentenced to four years of supervised release and ordered to pay $2.16 million in restitution to the victims. Continue Reading Utah Property Manager Sentenced on Embezzlement and Bank Fraud Charges
Report: Median Asking Rent Down for 28th Straight Month
The new report also warned that rental affordability for minimum wage earners remains a challenge. Continue Reading Report: Median Asking Rent Down for 28th Straight Month
Newmark Grows Global Presence in Korea and Middle East
The new South Korean office is based in the capital city of Seoul and will be led by John Pritchard serving as managing director and country head. Continue Reading Newmark Grows Global Presence in Korea and Middle East
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Exclusive News
Two Illinois MLSs Team on Data-Sharing Partnership
“This is a major step toward improving real estate collaboration,” said MRED President and CEO Rebecca Jensen. Continue Reading Two Illinois MLSs Team on Data-Sharing Partnership
Home Price Increases Slowed for the Third Consecutive Month
Prices have increased for 21 consecutive months, with price appreciation peaking at 5.6% in December. Continue Reading Home Price Increases Slowed for the Third Consecutive Month
New Bipartisan Effort to Upgrade Affordable Housing Credit Program
Reps. Darin LaHood (R-IL), Suzan DelBene (D-WA) reintroduced the bill. Continue Reading New Bipartisan Effort to Upgrade Affordable Housing Credit Program
Airbnb’s SuperPAC Aims $5 Million at NYC Election Campaigns
Airbnb has yet to financially back any of the candidates for mayor. Continue Reading Airbnb’s SuperPAC Aims $5 Million at NYC Election Campaigns
Toronto Office Building to Become Loft-Style Residential Property
The e-lofts are being aimed at “young professionals, creatives, and urban families seeking a dynamic live/work lifestyle.” Continue Reading Toronto Office Building to Become Loft-Style Residential Property
Penthouse in World’s Tallest Building Listed for $51 Million
The 107th and 108th floors of the Burj Khalifa are approximately 1,300 feet above the streets of Dubai. Continue Reading Penthouse in World’s Tallest Building Listed for $51 Million
Zillow Bans Private Listings from Platform
eXp Realty has become the first brokerage to align itself with Zillow’s new policy. Continue Reading Zillow Bans Private Listings from Platform
Pending Home Sales in Mid-Atlantic Region Up by Nearly 40%
“Falling mortgage rates could give the housing market a boost this spring,” said Dr. Lisa Sturtevant, chief economist at Bright MLS. Continue Reading Pending Home Sales in Mid-Atlantic Region Up by Nearly 40%
Blackstone Acquires Texas Industrial Portfolio for $718 Million
The portfolio consists of 25 Class A buildings totaling 6 million square feet. Continue Reading Blackstone Acquires Texas Industrial Portfolio for $718 Million