Featured Real Estate News
Existing Home Sales Up by 1.7% in February
Existing home sales increased by 1.7% month-over-month in February, to a seasonally adjusted annual rate of 4.09 million, according to data from the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.4%. Month-over-month sales...
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February
HUD Proposes Rule Mandating Work Requirements and Time Limits in Public Housing
The Department of Housing and Urban Development (HUD) has put forth a new proposed rule that provides public housing authorities (PHAs) and Section 8 project-based rental assistance (PBRA) owners with the ability to mandate work requirements and time limits for...
CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in higher growth Southeast and Southwest markets, has paid $81.6 million to acquire Palms Crossing, a 399,000-square-foot open-air retail center in McAllen, Texas. The 47-acre...
Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
SL Green Realty Corp. (NYSE:SLG) and its joint venture partner, Jeff Sutton’s Wharton Properties, announced it has closed on the sale of New York City’s 690 Madison Avenue for $54.5 million. The property is a five-story, 7,850-square-foot commercial building located...
News & Current Events
Michael Sartori Promoted to CFO at Dynex Capital
Sartori joined the company as assistant controller in 2013. Continue Reading Michael Sartori Promoted to CFO at Dynex Capital
Hits and Misses for the Real Estate Week of February 23-27
A lack of housing policy ideas in the State of the Union, a theater chain weighs closing more locations, and a city loses millions on consulting fees around a failed museum project. Continue Reading Hits and Misses for the Real Estate Week of February 23-27
Indianapolis’ Martin University Campus Listed at $3.5 Million
The school founded in 1977 by Boniface Hardin, a Benedictine Monk, and was Indiana’s only predominantly Black institution of higher learning. Continue Reading Indianapolis’ Martin University Campus Listed at $3.5 Million
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Delaware Homebuyer Loses $2.2 Million in Real Estate Closing Scam
A Delaware homebuyer has filed a lawsuit in federal court after losing $2.2 million in a real estate closing scam. WBOC reports Johanna Berkowitz was buying a luxury property in Dewey Beach, Delaware, with a closing scheduled for Nov. 21, 2025. Two days before the...
Kentucky Considers Freeze on Property Tax Increases for Seniors
The proposal passed Kentucky’s Senate and is now being considered by the General Assembly. Continue Reading Kentucky Considers Freeze on Property Tax Increases for Seniors
Report: Hawaii Offers Lowest Real Estate Tax Rate, New Jersey Burdened with the Highest Rate
WalletHub noted the average household pays $3,119 in real estate property taxes. Continue Reading Report: Hawaii Offers Lowest Real Estate Tax Rate, New Jersey Burdened with the Highest Rate
Report: Fewer Homebuyers Making All-Cash Purchases, Using FHA Loans
One in seven homebuyers (14.4%) used FHA loans in December, down from 15.1% one year earlier. Continue Reading Report: Fewer Homebuyers Making All-Cash Purchases, Using FHA Loans
Chinese Company Forced to Divest Land Near Utah Military Bases
A Chinese company with ties to the Chinese Communist Party was forced to sell land it owned near two military installations in Utah. The Epoch Times reports Mitime Utah Investment LLC received a letter from the state last November ordering it divest the property, a...
Canadian Housing Starts Down by 15%
Vancouver recorded a 37% increase in actual starts due to higher multi-unit and single-detached starts. Continue Reading Canadian Housing Starts Down by 15%