Featured Real Estate News
LGI Homes Debuts Seattle-Area Community
LGI Homes Inc. (NASDAQ: LGIH) has expanded its presence in the Seattle market with the grand opening of Meadow Brook, a new community in Puyallup, Washington. Meadow Brook features a collection of 53 three-, four-, and five-bedroom homes ranging from approximately...
LGI Homes Debuts Seattle-Area Community
Meadow Brook features a collection of 53 three-, four-, and five-bedroom homes. Continue Reading LGI Homes Debuts Seattle-Area Community
Home Flipping Activity and Profits Down During Q3
A total of 72,217 single-family homes and condominiums were flipped in the third quarter, accounting for 6.8% of home sales between July and September. According to data from ATTOM, the number of flips nationwide was down quarter-over-quarter (from 79,335 in the...
Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
The San Francisco-headquartered housing advocacy group YIMBY Law has filed a lawsuit against California Gov. Gavin Newsom’s Executive Order that suspended SB 9 development in Los Angeles County areas impacted earlier this year by catastrophic wildfires. SB 9, passed...
Granite Real Estate Investment Trust to Delist from the NYSE
Toronto-based Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) announced its intention to voluntarily delist its trust units from the New York Stock Exchange while remaining actively traded on the Toronto Stock Exchange. The company has its decision...
News & Current Events
Fed Cuts Rates by Quarter Point
The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting. Continue Reading Fed Cuts Rates by Quarter Point
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
eXp Announces Additions to C-Suite
“Growth isn’t just learned, it’s lived,” said CEO Leo Pareja. Continue Reading eXp Announces Additions to C-Suite
Recent Posts
Hits and Misses for the Real Estate Week of April 6-10
NAR in $52.2 Million Settlement of Tuccori Commissions Lawsuit
First-Time Homebuyers Accounted for 21% of the Texas Housing Market
Mid-Atlantic Region Records Spike in Listings
Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Year…
Popular Articles
Exclusive News
Sterling Organization Acquires Bay Area Shopping Center for $61.1 Million
The property is anchored by a 25,191-square-foot Safeway grocer and a 14,500-square-foot CVS Pharmacy. Continue Reading Sterling Organization Acquires Bay Area Shopping Center for $61.1 Million
Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment
Among homeowners, Redfin found roughly one in eight (13%) said they sold stocks to help fund their down payment. Continue Reading Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment
Port of Seattle Files Appeal to Prevent Residential Development in Industrial District
The Port said the rezoning “appears that substantially all of the developable land covered by the Council’s action is controlled by one property owner.” Continue Reading Port of Seattle Files Appeal to Prevent Residential Development in Industrial District
California Company Settles Charges of Predatory Practices and Unlawful Contracts
HomeOptions was accused of violating California’s Real Estate Law, state and federal telemarketing laws, and federal lending laws. Continue Reading California Company Settles Charges of Predatory Practices and Unlawful Contracts
Start-Up to Offer Continuing Education and Training for Mortgage Professionals
Next Level Education was co-founded by longtime mortgage industry professionals JR Huber and Debbie Gadberry. Continue Reading Start-Up to Offer Continuing Education and Training for Mortgage Professionals
Trump World Tower Seeks to Foreclose on Afghanistan’s UN Mission Over Unpaid Condo Fees
The condo board at New York City’s Trump World Tower is seeking to foreclose on a $4.2 million unit owned by the Permanent Mission of Afghanistan to the United Nations. According to combined media reports, Afghanistan purchased its unit in Trump World Tower in 2009....
Former Black Rock Executive Named President of PNC
Mark Wiedman was a leading candidate to succeed BlackRock CEO Larry Fink. Continue Reading Former Black Rock Executive Named President of PNC
Move Drops Trade Secrets Lawsuit Against CoStar Group
“This lawsuit was a PR stunt from the start – ridiculous, and totally devoid of merit,” said Andy Florance, founder and CEO of CoStar Group. Continue Reading Move Drops Trade Secrets Lawsuit Against CoStar Group
Civil Rights Groups Urge Court to Reject CFPB Reversal of Townstone Financial Settlement
Among the groups seeking to maintain the settlement are the National Fair Housing Alliance, the American Civil Liberties Union, and the Consumer Federation of America. Continue Reading Civil Rights Groups Urge Court to Reject CFPB Reversal of Townstone Financial Settlement