Featured Real Estate News
Ritz-Carlton Residences Coming to Houston
Developers Deiso Moss and Cleary Interests announced the launch of public sales for The Ritz-Carlton Residences, Houston, the city's first co-located hotel and condominium residences for the luxury lodging brand. Located in the city’s Uptown-Galleria district, the...
Ritz-Carlton Residences Coming to Houston
Sales and marketing for the property are handled through private appointment by Redeavor Group. Continue Reading Ritz-Carlton Residences Coming to Houston
Cash-Strapped Filmmaker Coppola Puts Landmark San Francisco Building Up as Collateral
Oscar-winning filmmaker Francis Ford Coppola is using San Francisco's historic Sentinel Building as collateral for a new private loan in his ongoing efforts to mitigate the financial disaster created by his 2024 box office flop "Megalopolis." The San Francisco...
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...
News & Current Events
2 Mexican Nationals Arrested for Fraudulent Home Sales
Victor Hugo Villalobos Almazan and Nayeli Noemi Montoya Rodriguez pretended to be the owners of vacant or undeveloped plots of real estate. Continue Reading 2 Mexican Nationals Arrested for Fraudulent Home Sales
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
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Mortgage Rates in Further Decline
The 30-year fixed-rate mortgage averaged 6.87% as of Feb. 13. Continue Reading Mortgage Rates in Further Decline
Real Estate Investment Firm Head Pleads Guilty to $62.8 Million Fraud Scheme
Elie Schwartz pleaded guilty to one count of wire fraud and faces a maximum penalty of 20 years in prison. Continue Reading Real Estate Investment Firm Head Pleads Guilty to $62.8 Million Fraud Scheme
Democrat Leaders Urge Federal Reserve and Regulators Not to Work with Elon Musk’s DOGE
“Early evidence suggests the Trump Administration and DOGE are violating the US Constitution and a variety of laws,” the lawmakers wrote. Continue Reading Democrat Leaders Urge Federal Reserve and Regulators Not to Work with Elon Musk’s DOGE
UK Government Plans to Build Up to 12 New Towns to Alleviate Housing Shortage
“We’re urgently using all levers available to build the homes we need so more families can get on the housing ladder,” said Prime Minister Keir Starmer. Continue Reading UK Government Plans to Build Up to 12 New Towns to Alleviate Housing Shortage
Nevada Governor Seeks State Resolution Calling to Release Federal Land for Housing
“Projections indicate that Washoe County could run out of developable land by 2027,” said Gov. Lombardo. Continue Reading Nevada Governor Seeks State Resolution Calling to Release Federal Land for Housing
Ukraine Records First Real Estate Purchase by Western Private Fund Since Russian Invasion
The Amsterdam-based Arcona Property Fund (APF) acquired a land plot in central Kyiv for $2 million. Continue Reading Ukraine Records First Real Estate Purchase by Western Private Fund Since Russian Invasion
Redfin to Lay Off 450 Employees Following Partnership with Zillow
The Seattle-based company did not release a press statement on the layoffs. Continue Reading Redfin to Lay Off 450 Employees Following Partnership with Zillow
Craft Retailer Jo-Ann Plans to Close 500 Stores
The company blamed rising inflation and the disruptions created by the Covid-19 pandemic for its current financial difficulties. Continue Reading Craft Retailer Jo-Ann Plans to Close 500 Stores
DHS Claws Back $59 Million Given to NYC Hotels Housing Illegal Immigrants
Four FEMA employees who conducted the transaction, including Chief Financial Officer Mary Comans, have been fired by the DHS. Continue Reading DHS Claws Back $59 Million Given to NYC Hotels Housing Illegal Immigrants