Featured Real Estate News
St. Petersburg Mayor: City is in ‘Better Place’ Without New Stadium for Tampa Bay Rays
St. Petersburg Mayor Ken Welch has no regrets that the Tampa Bay Rays withdrew their plans last year to build a stadium in his city. Indeed, he’s quite happy about it. Last March, the team discontinued its plans for a new $1.3 billion, 30,000-seat venue in St....
St. Petersburg Mayor: City is in ‘Better Place’ Without New Stadium for Tampa Bay Rays
St. Petersburg Mayor Ken Welch has no regrets that the Tampa Bay Rays withdrew their plans last year to build a stadium in his city. Indeed, he’s quite happy about it. Last March, the team discontinued its plans for a new $1.3 billion, 30,000-seat venue in St....
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...
Avalon Risk Management Debuts Hurricane Insurance Product
Avalon Risk Management, a provider of commercial property insurance, is now offering a hurricane insurance product for multifamily and commercial property owners in most Tier 1 wind zones. The Scottsdale, Arizona-based company stated the new product can provide...
Homeowners Face 73% Spike in Mortgage Payments If They Move
The typical mortgage holder pays roughly $1,300 in principal and interest per month, according to a new data report from Realtor.com. However, to purchase a typical home in today's market, these homeowners would need to make a monthly payment of nearly $2,236, or a...
News & Current Events
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
Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage
Wang’s team closed 430 homes totaling $425 million in sales volume in 2024. Continue Reading Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage
North Carolina House Leader Creates Committee to Devise Property Tax Reforms
A recent study from the Tax Foundation ranked North Carolina 36th highest property taxes in the nation. Continue Reading North Carolina House Leader Creates Committee to Devise Property Tax Reforms
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Canada to Drop Goods and Services Tax for First-Time Home Purchases Under $1 Million
Prime Minister Carney said the tax cut will save Canadians up to $50,000. Continue Reading Canada to Drop Goods and Services Tax for First-Time Home Purchases Under $1 Million
NY Governor Announces RFP for Redeveloping Brooklyn Site
Hochul envisions the site becoming a mixed-use, 100% affordable housing development. Continue Reading NY Governor Announces RFP for Redeveloping Brooklyn Site
SDS Capital Group Launches $1 Billion Fund Aimed at Affordable Housing Creation
SDSID is expected to finance more than $1 billion of new housing units over the next 18 months. Continue Reading SDS Capital Group Launches $1 Billion Fund Aimed at Affordable Housing Creation
Multiply Mortgage Raises $23.5 Million in Series A Funding
Multiple Mortgage’s services are available in 45 states and the District of Columbia. Continue Reading Multiply Mortgage Raises $23.5 Million in Series A Funding
FHLBank Atlanta to Provide $50 Million for Affordable Housing Grants
Applications for the grants begins on April 21 and will be accepted through May 22. Continue Reading FHLBank Atlanta to Provide $50 Million for Affordable Housing Grants
New York State’s Housing Inventory at Record-Setting Low
Home prices soared by 15.4% year-over-year, from a median of $378,000 in February 2024 to $436,125 last month. Continue Reading New York State’s Housing Inventory at Record-Setting Low
Florida Home Sales Down Despite Rising Inventory Levels
The statewide median sales price for single-family existing homes last month was $415,000. Continue Reading Florida Home Sales Down Despite Rising Inventory Levels
Wisconsin Home Sales Up 7%, Median Home Price Up 11%
During February, Wisconsin’s housing market had 16,037 listings, a 0.4% uptick from the 15,972 one year before. Continue Reading Wisconsin Home Sales Up 7%, Median Home Price Up 11%
San Francisco Bay Area Indian Tribe Asks Trump for Transfer of Presidio
The 614-member Muwekma Ohlone Tribe said its ancestors inhabited the land where the Presidio now stands. Continue Reading San Francisco Bay Area Indian Tribe Asks Trump for Transfer of Presidio