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Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
New foreclosure filings across the city nearly doubled over the first six months of 2025 compared to the second half of last year. Continue Reading Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
New foreclosure filings across the city nearly doubled over the first six months of 2025 compared to the second half of last year. Continue Reading Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
Acres.com Debuts Tool to Track Residential Market Growth
Acres.com, a land intelligence platform, has launched the Acres Home Builder Index, a tool designed to help builders, retail developers, investors, and home service providers track current and projected residential market growth. The Home Builder Index combines...
Canada Invests $45 Million for Ottawa Rental Housing Complex
The Canadian government announced it is allocating over $45 million through the Apartment Construction Loan Program (ACLP) into the construction of an Ottawa complex with 121 new rental homes. The Bayview Wateridge development is located in the Rockcliffe community...
Aldi to Open First Grocery Store in Manhattan
Shoppers in the Big Apple will soon be able to spend less for their apples – the Aldi discount supermarket chain is planning to open its first store in Manhattan. Supermarket News reports the 25,000-square-foot store will be on 42nd Street near Times Square in The...
NEWS & CURRENT EVENTS
Tim Leiweke Steps Down as Oak View Group CEO Following Indictment on Bid Rigging
He has transitioned to the role of vice chairman of the board of directors. Continue Reading Tim Leiweke Steps Down as Oak View Group CEO Following Indictment on Bid Rigging
HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
HUD said this endeavor “exemplified government overreach.” Continue Reading HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
White House Increases Attack on Powell, Claiming Mismanagement of Fed HQ Renovations
A recent Supreme Court ruling stated that Fed officials cannot be fired by a president at will. Continue Reading White House Increases Attack on Powell, Claiming Mismanagement of Fed HQ Renovations
Del Webb Breaks Ground on 55+ Community in Austin Suburb
The completed project will encompass over 500 residences to be built across 323 acres. Continue Reading Del Webb Breaks Ground on 55+ Community in Austin Suburb
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FTC in Settlement with Marriott and Starwood Hotels Over Repeated Data Breaches
Marriott also agreed to pay a $52 million penalty to 49 states and the District of Columbia to resolve similar data security allegations. Continue Reading FTC in Settlement with Marriott and Starwood Hotels Over Repeated Data Breaches
Justice Dept. in $6.5 Million Redlining Settlement with Credit Union
This is the DOJ’s first redlining settlement with a credit union. Continue Reading Justice Dept. in $6.5 Million Redlining Settlement with Credit Union
Leadership Change at Chicago Community Loan Fund
Bob Tucker will become CCLF’s next president, effective Jan. 1, 2025. Continue Reading Leadership Change at Chicago Community Loan Fund
NAR Asks Supreme Court to Review DOJ Probe
“Although a new administration is free to change the government’s policies, it is not free to repudiate the government’s contracts,” NAR said. Continue Reading NAR Asks Supreme Court to Review DOJ Probe
American Real Estate Association Seeks Input for Lawsuit Against NAR’s Clear Cooperation Policy
AREA said it was “standing up for homeowners’ rights and defending our profession.” Continue Reading American Real Estate Association Seeks Input for Lawsuit Against NAR’s Clear Cooperation Policy
Pending Sales Up in Mid-Atlantic Region
The $410,000 median sale price was up 6.4% from last September. Continue Reading Pending Sales Up in Mid-Atlantic Region
CoreLogic Debuts Araya, AI-Enabled Housing Data Platform
Araya is designed to assist in day-to-day decision-making as well as long-term, strategic planning. Continue Reading CoreLogic Debuts Araya, AI-Enabled Housing Data Platform
Mortgage Rates Up Sharply
The 30-year fixed-rate mortgage averaged 6.32% as of Oct. 10, up from last week when it averaged 6.12%. Continue Reading Mortgage Rates Up Sharply
Foreclosure Activity Down in Q3
A total of 87,108 residential properties carried foreclosure filings during the third quarter of this year, according to new data from ATTOM. This is down 2% from the previous quarter and down 13% from one year ago. Nationwide one in every 1,618 housing units had a...
Toll Brothers Announces New Community in Michigan
Home prices will start in the $800,000s. Continue Reading Toll Brothers Announces New Community in Michigan
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