Featured Real Estate News
Regional Group Acquires Ottawa Office Tower
The property investment firm Regional Group has acquired 150 Slater Street, a 19-story office tower in downtown Ottawa. The 500,000-square-foot property is 100% occupied with office and ground floor retail tenants, including the global headquarters of Export...
Regional Group Acquires Ottawa Office Tower
The 500,000-square-foot property is 100% occupied. Continue Reading Regional Group Acquires Ottawa Office Tower
Foreclosure Activity Up Annually for Ninth Straight Month
A total of 35,651 residential properties had foreclosure filings during November, according to data from ATTOM. This level of activity is down by 3% from October but is also up by 21% from November 2024. Nationwide, one in every 3,992 housing units had a foreclosure...
South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
South Dakota is the latest state to tackle the question of rising property taxes, with a new conflict arising between its governor and legislators on how to achieve that goal. Property tax payments across the state increased by nearly 40% during the past four years....
Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
Provident Industrial, a division of Dallas-based Provident, has acquired 27 acres in Phoenix for the development of Aldea Exchange, a three-building Class A industrial park. According to the company Aldea Exchange will be located in the center of the 101 Corridor...
News & Current Events
Avalon Risk Management Debuts Hurricane Insurance Product
The new product can provide coverage to hurricane-prone areas from Brownsville, Texas through Newport News, Virginia. Continue Reading Avalon Risk Management Debuts Hurricane Insurance Product
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Mortgage Credit Availability Increases for Fifth Straight Month
“Mortgage credit availability increased for the fifth consecutive month to its highest level since 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Increases for Fifth Straight Month
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Exclusive News
RealPage Sues Berkeley Over Ban on Rent Pricing Software
The company said the ban was unconstitutional. Continue Reading RealPage Sues Berkeley Over Ban on Rent Pricing Software
Lennar to Build 1,500 Colorado Homes with Geothermal Systems
The endeavor will take advantage of Colorado’s state tax credit for geothermal heat pumps. Continue Reading Lennar to Build 1,500 Colorado Homes with Geothermal Systems
Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021
The states with the greatest percentage increase in premiums were Utah (59%), Illinois (50%), Arizona (48%), and Pennsylvania (44%). Continue Reading Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021
Four Real Investors Sentenced for Multimillion-Dollar Loan Fraud Schemes
Aron Puretz, his son, Chaim “Eli” Puretz, Moshe “Mark” Silber and Fredrick Schulman were sentenced. Continue Reading Four Real Investors Sentenced for Multimillion-Dollar Loan Fraud Schemes
FBI Warns of Rise in Quit Claim Deed Fraud Across New England
The FBI noted that 58,141 victims reported $1.3 billion in losses relating to real estate fraud nationwide between 2019 through 2023. Continue Reading FBI Warns of Rise in Quit Claim Deed Fraud Across New England
Slowing in Refinance Drives Down Mortgage Application Activity
The median sales price of new houses sold in February was $414,500. Continue Reading Slowing in Refinance Drives Down Mortgage Application Activity
Builders Call on Congress to Reform Regulations on Home Construction
NAHB cited a shortage of roughly 1.5 million housing units that the organization blamed on the regulatory process. Continue Reading Builders Call on Congress to Reform Regulations on Home Construction
GAO, at Democrats’ Behest, to Probe Cuts to HUD’s Fair Housing Program
The GAO said “staff with the required skills will be available shortly to initiate an engagement.” Continue Reading GAO, at Democrats’ Behest, to Probe Cuts to HUD’s Fair Housing Program
Kamala Harris to Appear at Australian Real Estate Conference
She is the only guest speaker who is not being made available for media interviews. Continue Reading Kamala Harris to Appear at Australian Real Estate Conference