Featured Real Estate News
New Chicago Soccer Stadium Sparks Complaints from Community Groups
Chicago is weathering a new sports stadium controversy – and, no, it has nothing to do with the Bears. According to combined media reports, a groundbreaking ceremony is scheduled for later today on the new $750 million stadium for the Chicago Fire, the city’s Major...
New Chicago Soccer Stadium Sparks Complaints from Community Groups
The developers are aiming to open the stadium ahead of the team’s 2028 season. Continue Reading New Chicago Soccer Stadium Sparks Complaints from Community Groups
Tech Trends: New Book Details How Real Estate Agents Can Embrace AI
The buzzword of the year could easily be “artificial intelligence” – or AI, for the acronym-minded. But while it seems that everyone is either talking about it or listening to others talk about it, how exactly is it being used in the real estate industry? Kevin...
RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
The property management software company RealPage Inc. has filed a lawsuit against New York State Attorney General Letitia James that seeks to overturn a new state law that bans property owners and managers from using algorithm rent-setting tools. The Richardson,...
Mortgage Rates Decline Ahead of Thanksgiving
Mortgage rates dived ahead of the Thanksgiving holiday, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. A year ago at this...
News & Current Events
A Phil Hall Op-Ed: Where’s the Beef in Trump’s Housing Affordability Plans?
Is the Trump administration seriously addressing the lack of housing affordability? Continue Reading A Phil Hall Op-Ed: Where’s the Beef in Trump’s Housing Affordability Plans?
Mortgage Application Activity Remains Mostly Flat
“The government purchase index, which includes FHA, VA, and USDA applications, increased 9 percent and had the strongest week since 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Remains Mostly Flat
New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Rep. Andy Biggs (R-AZ) introduced companion legislation in the House of Representatives. Continue Reading New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
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NYC’s Historic Roosevelt Hotel to Cease Operating as Migrant Shelter
More than 173,000 migrants have registered at the hotel. Continue Reading NYC’s Historic Roosevelt Hotel to Cease Operating as Migrant Shelter
SEC Brings New Charges Against Elie Schwartz
Schwartz’s previous guilty plea to one count of wire fraud could result in a maximum penalty of 20 years in prison. Continue Reading SEC Brings New Charges Against Elie Schwartz
Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million
The sale was facilitated by Institutional Property Advisors (IPA) Phoenix, who served as the selling broker. Continue Reading Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million
Survey: 70% of Remote/Hybrid Workers Would Rather Get New Job Than Return to Office
Geographically, employees in the Northeast (45%) and the South (45%) were most likely to seek alternative employment. Continue Reading Survey: 70% of Remote/Hybrid Workers Would Rather Get New Job Than Return to Office
A Phil Hall Op-Ed: 60 Minutes vs. DOGE vs. CFPB
Editor Phil Hall dissects a “60 Minutes” piece on the state of the CFPB. Continue Reading A Phil Hall Op-Ed: 60 Minutes vs. DOGE vs. CFPB
Craft Retailer Jo-Ann to Close All 800 Stores
On Feb. 12, the company stated it would close 500 stores. Continue Reading Craft Retailer Jo-Ann to Close All 800 Stores
Blackstone Pays $5.65 Billion for Safe Harbor Marinas
Sun Communities acquired Safe Harbor Marinas in September 2020 for $2.11 billion. Continue Reading Blackstone Pays $5.65 Billion for Safe Harbor Marinas
New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
The average loan size for new homes increased from $400,930 in December to $403,416 in January. Continue Reading New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
TECfusions Acquires 73 Acres for Virginia Data Center Expansion
The financial aspects of the acquisition were not disclosed Continue Reading TECfusions Acquires 73 Acres for Virginia Data Center Expansion