Featured Real Estate News
Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
The Boston real estate market has a problem that you won’t find in any other city: approximately 8,000 properties are at risk of sinking and crumbling. Boston 25 News reports the properties were constructed on wooden foundations that were laid on filled land between...
Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
Wood pilings can last for centuries underwater, but they begin to decay when exposed to oxygen. Continue Reading Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
A new data analysis published by Zillow (NASDAQ: Z, ZG) is claiming that homes in majority-white neighborhoods in the Chicago area were more than twice as likely to be marketed through private listings than homes in predominantly minority communities. Zillow...
Wisconsin Home Sales and Prices Up During October
Wisconsin recorded 6,643 home sales during October, a 3.4% increase from the 6,426 sales from one year earlier. According to data from the Wisconsin Realtors Association (WRA), year-to-date home sales were up by 2.4% relative to the first 10 months of 2024. Total...
Median for Luxury Home Sales Prices Hit New Record High for October
Luxury home sale prices reached a median of $1.28 million, a record high for the month of October, according to new data from Redfin. Last month’s price was a 5.5% year-over-year increase. Luxury home prices increased by roughly three times faster than non-luxury...
News & Current Events
Virginia Home Sales Jumped by 3.1% in October
The statewide median sales price was $430,000, a $15,000 or 3.6% increase from October 2024. Continue Reading Virginia Home Sales Jumped by 3.1% in October
Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Prices at Brunson Station will start from the low $300,000s for townhomes and the mid $300,000s for single-family homes. Continue Reading Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
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Exclusive News
Thompson Thrift to Develop New 312-Unit Multifamily Community in Florida
Construction will begin mid-February, with the first residents expected to move in during summer 2026. Continue Reading Thompson Thrift to Develop New 312-Unit Multifamily Community in Florida
Realtor.com Moves HQ from California to Texas
The company was originally located in San Jose when it was founded in 1995 and moved to Santa Clara in 2016. Continue Reading Realtor.com Moves HQ from California to Texas
Developer Tries to Stop Historic Designation on Shuttered Pittsburgh Gay Bar
“There is nothing historic or significant about this property,” said attorney Jonathan Kamin. Continue Reading Developer Tries to Stop Historic Designation on Shuttered Pittsburgh Gay Bar
Bank of England Announces Rate Cut
The central bank’s Monetary Policy Committee voted 7-2 to reduce Bank Rate by 0.25 percentage points, to 4.5%. Continue Reading Bank of England Announces Rate Cut
Canadian Home Sales and Prices Forecast to Rebound in Next 2 Years
As for rental housing CMHC noted that supply began to accelerate in 2024, but affordability was often elusive. Continue Reading Canadian Home Sales and Prices Forecast to Rebound in Next 2 Years
Rhode Island Town Uses Eminent Domain to Seize Property Planned for Affordable Housing
The property’s owner was unaware of the town’s action until it was announced online. Continue Reading Rhode Island Town Uses Eminent Domain to Seize Property Planned for Affordable Housing
loanDepot and Onx Homes Announce New Joint Venture
The companies did not announce the leadership for Onx X+ Mortgage. Continue Reading loanDepot and Onx Homes Announce New Joint Venture
FDIC: ‘Actively Reevaluating’ Cryptocurrency Supervision of Banks
The regulator foresees “a pathway for institutions to engage in crypto- and blockchain-related activities.”
Continue Reading FDIC: ‘Actively Reevaluating’ Cryptocurrency Supervision of Banks
Senate Confirms Scott Turner as HUD Secretary
The 52-year-old Turner is the first HUD Secretary who comes from a private sector real estate background. Continue Reading Senate Confirms Scott Turner as HUD Secretary