Featured Real Estate News
Cavan Companies Plans Third Build-to-Rent Community in Omaha Metro Area
The real estate developer Cavan Companies announced that it has closed on land for The Bungalows at Prairie Hills, a planned 154-home single-story Build-to-Rent (BTR) community in Papillion, Nebraska. The project will be the company's third development in the Omaha...
Cavan Companies Plans Third Build-to-Rent Community in Omaha Metro Area
Construction is expected to begin in May on a site encompassing approximately 16 acres. Continue Reading Cavan Companies Plans Third Build-to-Rent Community in Omaha Metro Area
Keller Williams Expands Global Presence to Bulgaria
Keller Williams Realty LLC has expanded its global presence with the launch of a new master franchise in Bulgaria. Led by Regional Operating Principal Pascal Duffy, the new franchise is currently initializing operations and is expected to open its inaugural market...
Report: 221 Dead People in Colorado Received HUD Benefits
The US Department of Housing and Urban Development (HUD) is investigating a massive fraud within Colorado’s 59 public housing agencies (PHA) after it was discovered benefits were granted to 221 dead people. The New York Post, citing input from unnamed sources, is...
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,...
News & Current Events
Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
Rep. Steve Carra pointed out that approximately 72% of Michigan households do not have a child in government schools. Continue Reading Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
Chicago Bears, Stymied in Push for New Stadium, Floats Idea for Relocation to Indiana
Illinois Gov. JB Pritzker has been skeptical of the new stadium project. Continue Reading Chicago Bears, Stymied in Push for New Stadium, Floats Idea for Relocation to Indiana
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
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Exclusive News
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
DR Horton Begins Pre-Selling New Community in Texas
The company added that pricing on the lots begin in the high $300,000s. Continue Reading DR Horton Begins Pre-Selling New Community in Texas
Terreno Realty Corporation Acquires Washington Industrial Property for $9.3 Million
The property is 100% leased on a short-term basis. Continue Reading Terreno Realty Corporation Acquires Washington Industrial Property for $9.3 Million
Shane Paladin Out as SmartRent Chief Executive After Two Months
John Dorman, chairman of the board, has been appointed interim CEO. Continue Reading Shane Paladin Out as SmartRent Chief Executive After Two Months
30-Year Fixed-Rate Mortgage Down for 12th Straight Week
The 15-year fixed-rate mortgage averaged 5.82%, unchanged from last week. Continue Reading 30-Year Fixed-Rate Mortgage Down for 12th Straight Week
Foreclosure Activity Up During Q1
Lenders repossessed 9,691 properties through foreclosure (REO) in first quarter. Continue Reading Foreclosure Activity Up During Q1
Chicago Real Estate Broker Sentenced for $3 Million Investor Fraud
In addition to his prison sentence, Sannikov must pay $2.19 million in remaining restitution to four victims. Continue Reading Chicago Real Estate Broker Sentenced for $3 Million Investor Fraud