Featured Real Estate News
First Community Credit Union Acquires Houston Office Tower as New HQ
First Community Credit Union (FCCU) has purchased the former Noble Energy Center Two, a Class A Houston office tower, to become the future home of its new corporate headquarters. The 20-story tower was built in 2015 and encompasses approximately 470,623 rentable...
First Community Credit Union Acquires Houston Office Tower as New HQ
The financial terms of the purchase were not disclosed. Continue Reading First Community Credit Union Acquires Houston Office Tower as New HQ
New ‘Mansion Tax’ Coming to England
The owners of luxury properties in England valued at more than £2 million ($2.6 million) are facing new surcharges of at least $3,300 beginning in 2028. The BBC reports the new “mansion tax” comes on top of the existing council tax and will be divided into four bands....
Santa Fe to Link Minimum Wage Increases to Housing Affordability
New Mexico’s capital of Santa Fe has become the first US city that will directly connect wages to housing affordability, with the goal of linking minimum wage increases to both fair rental market prices and consumer prices. The Associated Press reports Santa Fe's...
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...
News & Current Events
RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
The company argues the new law (S7882/A1417) represents a challenge to free speech and repeats false claims regarding its revenue management software. Continue Reading RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
Mortgage Rates Decline Ahead of Thanksgiving
The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. Continue Reading Mortgage Rates Decline Ahead of Thanksgiving
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?
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11 More Women File Sexual Assault Lawsuits Against the Alexander Brothers
The lawsuit raises the total number of civil complaints against the Alexanders to 17. Continue Reading 11 More Women File Sexual Assault Lawsuits Against the Alexander Brothers
Hamid R. Moghadam to Step Down as CEO at Prologis
Dan Letter, currently the company’s president, will succeed Moghadam as chief executive. Continue Reading Hamid R. Moghadam to Step Down as CEO at Prologis
Executive Changes Announced at Newmark Group
The executive changes follow the departure of Howard Lutnick to become Secretary of Commerce. Continue Reading Executive Changes Announced at Newmark Group
Audrey Hepburn’s Longtime Swiss Home Listed for $21 Million
The iconic actress lived at the estate from 1963 until her passing in 1993. Continue Reading Audrey Hepburn’s Longtime Swiss Home Listed for $21 Million
Thompson Thrift to Develop 255-Unit Multifamily Community in Denver Suburb
tack at Wheat Ridge will be the company’s 20th Colorado location. Continue Reading Thompson Thrift to Develop 255-Unit Multifamily Community in Denver Suburb
New Listings in Canada Up 11%
The non-seasonally adjusted national average home price was $670,064 last month. Continue Reading New Listings in Canada Up 11%
Nada Debuts US Home Equity Fund I
The fund is available on Homeshares, Nada’s newly launched investment platform. Continue Reading Nada Debuts US Home Equity Fund I
Builder Confidence Declines Amid Tariff and Housing Cost Concerns
February’s reading is the lowest level for the HMI in five months. Continue Reading Builder Confidence Declines Amid Tariff and Housing Cost Concerns
Slightly Under One-Third of 2024 Home Purchases Were All-Cash Sales
Prior to the pandemic, the share of all-cash sales ranged from 25% to 30%. Continue Reading Slightly Under One-Third of 2024 Home Purchases Were All-Cash Sales