Featured Real Estate News
Demolition Begins at Boston’s Historic Matthews Arena
Demolition has begun at Boston’s Matthews Arena, which had been the world's oldest multi-purpose athletic building and the oldest hockey arena. Northeast University, which owns the property, announced the demolition will take about three months. The school plans to...
Demolition Begins at Boston’s Historic Matthews Arena
Over the years, it served as the original home of the NHL’s Boston Bruins and the NBA’s Boston Celtics. Continue Reading Demolition Begins at Boston’s Historic Matthews Arena
Newmark Grows Global Presence in Korea and Middle East
Newmark Group Inc. (NASDAQ: NMRK) is growing its global presence with the opening of its first office in South Korea and the expansion of its team focused on the Middle East. The new South Korean office is based in the capital city of Seoul and will be led by John...
New Coalition Seeks to Protect Quartz Industry Jobs
A new national coalition has been formed on behalf of the US quartz industry. Save Quartz Jobs consists of more than 1,000 US fabricators, installers, distributors, and suppliers calling for the protection of American jobs and ensuring continued access to affordable...
Von Maur Department Stores to Open First New Jersey Location
Davenport, Iowa-headquartered Von Maur Department Stores announced plans to open its first store in New Jersey in Fall 2027. The new location will be an anchor store at Freehold Raceway Mall in Freehold, New Jersey, owned and operated by the real estate investment...
News & Current Events
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
New Report Names Detroit as America’s Neediest City
“The city has the third-highest share of households lacking complete plumbing facilities and the 10th-highest share lacking complete kitchen facilities,” the report said. Continue Reading New Report Names Detroit as America’s Neediest City
Builder Confidence Inches Up Slightly, But Pessimism Remains
The latest HMI survey also found 40% of builders were cutting prices in December. Continue Reading Builder Confidence Inches Up Slightly, But Pessimism Remains
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Exclusive News
Report: Roof Repair Costs at $31 Billion in 2024
Since 2022, non-catastrophic wind/hail roof claims increased from 17% to 25%. Continue Reading Report: Roof Repair Costs at $31 Billion in 2024
Foundational Builders Corporation Expanding to Arizona and Florida
The company appointed Joe El Rady as chief financial officer. Continue Reading Foundational Builders Corporation Expanding to Arizona and Florida
HomeLife Realty Services Rolls Out Cash Back Program
Buyers and sellers will receive a suggested 5% cash back from a participating agent’s share of the commission. Continue Reading HomeLife Realty Services Rolls Out Cash Back Program
United Wholesale Mortgage in AI Partnership with Google Cloud
UWM will integrate Google Cloud AI and machine learning tools into its lending platform. Continue Reading United Wholesale Mortgage in AI Partnership with Google Cloud
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