Featured Real Estate News
Las Vegas Home Sales and Prices Down Amid Expanded Listings
The Las Vegas housing market recorded a total of 2,088 sales of single-family homes, condos and townhomes during February. According to data from Las Vegas Realtors, this represented a 9.4% year-over-year decline in single-family home sales and an 8% decline for condo...
Las Vegas Home Sales and Prices Down Amid Expanded Listings
The median price of existing single-family homes was $481,995, a 0.6% drop from one year ago. Continue Reading Las Vegas Home Sales and Prices Down Amid Expanded Listings
Flournoy Development Group to Launch Apartment-Townhome Community in Georgia
Flournoy Development Group has announced the launch of Declan Villa Rica, an apartment and townhome community in Villa Rica, Georgia. The new complex will feature 252 apartment homes and 56 townhomes across a mix of three- and four-story buildings and two-story...
MBA Chief Supports Trump Executive Order on AI
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit commended President Trump’s executive order that blocks states from creating their own regulations around artificial intelligence (AI) while seeking to create national regulatory framework for the...
Las Vegas Realtors President Refuses to Resign After Board Calls for Him to Step Down
The president of the Las Vegas Realtors is refusing to resign after the organization’s board of directors voted to demand he step down. The Las Vegas Review-Journal, sourcing its coverage from unnamed “multiple sources,” reports the board voted 6-5 last week to call...
News & Current Events
Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Matthew Thomas Onofrio netted at least $35 million from his fraudulent scheme before being caught. Continue Reading Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Report: Home Price Appreciation Up During November
The inventory of homes available for purchase rose 17.9% year-over-year to the highest November level since 2015. Continue Reading Report: Home Price Appreciation Up During November
Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
With this transaction, HCP’s portfolio now exceeds 1,500 rooms. Continue Reading Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
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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
CMBS Delinquency Rate Up in March
Last month, the overall delinquent balance was $39.3 billion, up from $36 billion in February. Continue Reading CMBS Delinquency Rate Up in March
Report: 1 in 5 Homes Sold for More Than Their Original List Price
Nearly two-thirds of transactions (64.2%) were closed for less than their original list price. Continue Reading Report: 1 in 5 Homes Sold for More Than Their Original List Price
HGTV Launches Smart Home 2025 Sweepstakes with San Antonio Residence as Grand Prize
“The HGTV Smart Home inspires viewers with clever solutions that will enhance their lives and elevate their homes,” said Loren Ruch, head of content at HGTV. Continue Reading HGTV Launches Smart Home 2025 Sweepstakes with San Antonio Residence as Grand Prize
New Apartment Development to be Built Near Cornell University
Upon completion – which is scheduled for the 2027 academic year – Theory Ithaca will be comprised of 371 units and 518 beds. Continue Reading New Apartment Development to be Built Near Cornell University
FHLB Cincinnati Debuts Hundred Homes Initiative
Eligible homebuyers must own and reside in a mobile home constructed prior to June 15, 1976. Continue Reading FHLB Cincinnati Debuts Hundred Homes Initiative