Featured Real Estate News
Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
The purchase rights to the San Francisco Centre, the once-grand 1.5 million-square-foot mall that was shuttered in January, has been awarded to a partnership of Presidio Bay Ventures and Prado Group. The San Francisco Chronicle, citing input from unnamed “sources with...
Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
It is unclear what the companies plan to do with the property. Continue Reading Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
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...
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
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....
News & Current Events
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
Tech Trends: New Book Details How Real Estate Agents Can Embrace AI
Kevin Hawkins talks about his new book “The Real AI Guide for Real Estate Agents.” Continue Reading Tech Trends: New Book Details How Real Estate Agents Can Embrace AI
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
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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
Rocket Mortgage Debuts Program Offering Closing Cost Credits to Renters
Homebuyers with a Rocket mortgage earn 10% back on the last 12 months of rental payments Continue Reading Rocket Mortgage Debuts Program Offering Closing Cost Credits to Renters
HUD’s DOGE Task Force Seeks Public Input for Identifying Fraud and Waste
The X account launched yesterday and generated 34,000 followers within 24 hours. Continue Reading HUD’s DOGE Task Force Seeks Public Input for Identifying Fraud and Waste
Report: Renting is More Affordable Than Homebuying in All But 2 Major Metros
Pittsburgh and Detroit were the exceptions to the rule. Continue Reading Report: Renting is More Affordable Than Homebuying in All But 2 Major Metros
Former Hospital Site in New Jersey to Become Mixed-Use Development
The development will also feature more than 70,000 square feet of retail and commercial space. Continue Reading Former Hospital Site in New Jersey to Become Mixed-Use Development