Featured Real Estate News
40-Acre Maine Village Listed for Sale at $6 Million
Now, here’s something you don’t see every day: a village in Maine is listed for sale. WGME reports the village of Tuthill, a 40-acre property within the town of Pittston, is now on the market for $6 million. Nathan Tuttle, the village’s owner, said his father began...
40-Acre Maine Village Listed for Sale at $6 Million
The village of Tuthill includes 21 buildings. Continue Reading 40-Acre Maine Village Listed for Sale at $6 Million
Mortgage Rates Inch Up Slightly
Mortgage rates inched up slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20, up from last week when it averaged 6.24%. A year ago at this time, it averaged 6.84%....
Florida Businessman Sentenced for Construction Loan Fraud Schemes
A Florida businessman was sentenced to 46 months in prison for defrauding clients in four states through loan agreements to finance construction projects and then causing more than $8 million in victim losses by misappropriating funds. David Ingram, 73, previously...
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
A new report from the Lincoln Institute of Land Policy and the Center for Geospatial Solutions (CGS) has determined that corporate entities and investors now own 8.9% of residential parcels in 500 counties, or roughly one in 11 parcels. The report observed that...
News & Current Events
Lennard Commercial Realty Opens Vancouver Office
The Vancouver office will be led by Partners Allon Shapiro and Aaron Ulinder. Continue Reading Lennard Commercial Realty Opens Vancouver Office
Existing Home Sales Up in October
“Home sales increased in October even with the government shutdown due to homebuyers taking advantage of lower mortgage rates,” said NAR Chief Economist Lawrence Yun. “ Continue Reading Existing Home Sales Up in October
Q3 Mortgage Originations Down Slightly
Mortgage activity increased quarterly in 98 of the 209 metropolitan areas analyzed by ATTOM. Continue Reading Q3 Mortgage Originations Down Slightly
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EQT Real Estate Buys 12-Building Logistics Assemblage in Italy
The properties hold an average building age of 10 years and feature Grade A technical specifications. Continue Reading EQT Real Estate Buys 12-Building Logistics Assemblage in Italy
Hits and Misses for the Real Estate Week of Jan. 20-24
The unlikely blame for a mansion’s lack of buyers, AREA’s first local chapter and a grim forecast on Los Angeles’ housing market. Continue Reading Hits and Misses for the Real Estate Week of Jan. 20-24
Florida Home Sales Down Nearly 2% in 2024
For December, Florida recorded 20,784 closed sales of single-family homes, up 12.8% from the prior year. Continue Reading Florida Home Sales Down Nearly 2% in 2024
Forecast: Construction Industry Needs 439,000 Workers in 2025
A new forecast by the Associated Builders and Contractors (ABC) is estimating that an estimated 439,000 net new workers are needed this year to meet anticipated demand for construction services. The forecast also predicted the construction industry will need to bring...
Wyoming Lawmakers Consider Property Tax Exemption for Gold Star Families
Traditionally, the property tax exemption was only extended to a surviving spouse. Continue Reading Wyoming Lawmakers Consider Property Tax Exemption for Gold Star Families
Liberty SBF Launches $100 Million Real Estate Credit Fund
The fund intends to make quarterly income distributions and expects to return investor capital within four years. Continue Reading Liberty SBF Launches $100 Million Real Estate Credit Fund
Sen. Elizabeth Warren Leads Democrats in Opposing Scott Turner for HUD Secretary
Warren said she could not support Turner without first seeing his FBI background check. Continue Reading Sen. Elizabeth Warren Leads Democrats in Opposing Scott Turner for HUD Secretary
Existing Home Sales Up in December
First-time buyers were responsible for 31% of sales in December. Continue Reading Existing Home Sales Up in December
California Attorney General Charges Real Estate Agent with Price Gouging Wildfire Victims
The real estate agent was not identified by Bonta’s office, although media reports identified him as Mike Kobeissi of Kobeissi Properties. Continue Reading California Attorney General Charges Real Estate Agent with Price Gouging Wildfire Victims




































