Featured Real Estate News
Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
The Boston real estate market has a problem that you won’t find in any other city: approximately 8,000 properties are at risk of sinking and crumbling. Boston 25 News reports the properties were constructed on wooden foundations that were laid on filled land between...
Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
Wood pilings can last for centuries underwater, but they begin to decay when exposed to oxygen. Continue Reading Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
Trump Says He Made His Pick for Next Fed Chairman
President Trump has stated he made his choice for the next Federal Reserve chairman, but he declined to immediately share his decision. Speaking with reporters on Sunday, Trump said, "I know who I am going to pick, yeah. We'll be announcing it." When asked if Kevin...
Hits and Misses for the Real Estate Week of Nov. 24-28
Thought leaders saying the right thing, revenge seekers doing the wrong thing, and a new movie and book worth pursuing. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 24-28. Hit: The Right Words. James Fishback, the CEO...
2 Mexican Nationals Arrested for Fraudulent Home Sales
A pair of Mexican nationals were arrested for fraudulently selling San Diego properties they did not own. According to the charges brought against them, Victor Hugo Villalobos Almazan and Nayeli Noemi Montoya Rodriguez pretended to be the owners of vacant or...
News & Current Events
Detroit City Council Approves New 15,000-Seat Stadium
The Detroit City Council approved the proposal by the Detroit City Football Club's (DCFC) to construct a 15,000-seat stadium and other community projects in Southwest Detroit. CBS News reports the DCFC will build a 421-parking deck and 76-unit apartment building of...
New ‘Mansion Tax’ Coming to England
Tens of thousands of properties could be impacted by this new tax, with most of the residences located in London. Continue Reading New ‘Mansion Tax’ Coming to England
Santa Fe to Link Minimum Wage Increases to Housing Affordability
Santa Fe’s minimum wage will rise to $17.50 in 2027. Continue Reading Santa Fe to Link Minimum Wage Increases to Housing Affordability
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Exclusive News
Rep. Maxine Waters Demands Emergency Hearing Over HUD Layoffs
Waters wants HUD Secretary Scott Turner to explain the workforce reductions. Continue Reading Rep. Maxine Waters Demands Emergency Hearing Over HUD Layoffs
Blend Launches Rapid Home Lending, Focused on Refinance and Home Equity Lending
Blend Labs said that early results of the product’s testing reduced the traditional 30-45 day home equity process to 5-10 days. Continue Reading Blend Launches Rapid Home Lending, Focused on Refinance and Home Equity Lending
Sean Coghlan Named Head of Investor Relations at JLL
Coghlan previously led the company’s global research and strategy for capital markets. Continue Reading Sean Coghlan Named Head of Investor Relations at JLL
New Single-Family Home Sales Sank in January
The median sales price of new houses sold last month was $446,300 while the average sales price was $510,000. Continue Reading New Single-Family Home Sales Sank in January
Missouri Woman Pleads Guilty to Graceland Foreclosure Scheme
Lisa Jeanine Findley, who was arrested last August, entered her guilty plea in a Memphis federal court. Continue Reading Missouri Woman Pleads Guilty to Graceland Foreclosure Scheme
Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community
District South will be located on a 21-acre site and will feature 365 multifamily units, 90 for-rent townhomes, six carriage homes, and 13 retail spaces. Continue Reading Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community
Mortgage Application Activity Slows Down
The Refinance Index decreased 4% from the previous week and was 45% higher than the same week one year ago. Continue Reading Mortgage Application Activity Slows Down
Georgia Home Sales Up 2% from Last Year
The median sales price increased by 3% to $349,900 while the average sales price rose by 6% to $426,710. Continue Reading Georgia Home Sales Up 2% from Last Year
Report: 13% of GSA’s Real Estate Shop Workforce Takes Deferred Resignation Offer
The departures do not include employees in their probationary period that were recently fired by the GSA. Continue Reading Report: 13% of GSA’s Real Estate Shop Workforce Takes Deferred Resignation Offer