Featured Real Estate News
Prudent Growth Partners Acquires Alabama Retail Center for $7.6 Million
The Chapel Hill, North Carolina-based private equity firm Prudent Growth Partners LLC has completed its $7.6 million acquisition of Hampton Cove Shops, a 41,681-square-foot retail center located in Owens Cross Roads, Alabama. Located in the Huntsville metro area, the...
Prudent Growth Partners Acquires Alabama Retail Center for $7.6 Million
Located in the Huntsville metro area, the center was constructed in 2008 and is 96.64% leased. Continue Reading Prudent Growth Partners Acquires Alabama Retail Center for $7.6 Million
Multifamily Housing Proposed at Former Brooklyn HQ Complex of the Jehovah’s Witnesses Organization
A developer is proposing the transformation of the mostly vacant former Brooklyn headquarters of the Jehovah’s Witnesses religious organization into multifamily housing. The Gothamist reports CIM Group is seeking to transition the office buildings into a 661-unit...
New BOOSTzer.com Platform Offers Connections Between Cash Offer Investors and Home Sellers
The New York City-based start-up BOOSTzer.com has launched lead generation platform designed to connect real estate investors, wholesalers and flippers with home sellers actively seeking cash offers in off-market transactions. According to the company, sellers are...
Single-Family Housing Starts Down in January
Single-family housing starts in January were at a rate of 935,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This is 2.8% below the revised December figure of 962,000. Privately-owned housing starts in January...
News & Current Events
Mortgage Rates Start Rising Again
The 30-year fixed-rate mortgage averaged 6.11% as of March 12, up from last week when it averaged 6.00%. Continue Reading Mortgage Rates Start Rising Again
Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
“It has been nearly two decades since Congress last enacted a sweeping, bipartisan housing law,” said NAR’s Shannon McGahn. Continue Reading Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
39% of roommate settings are multi-generational households, where the age difference between the oldest and youngest adult is 20 years or more. Continue Reading Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
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Exclusive News
Claremont Lincoln University Unveils Bachelor in Land Policy and Real Estate Development Program
The fully online program will begin on April 27 with 50 full-tuition scholarships available for the inaugural cohort. Continue Reading Claremont Lincoln University Unveils Bachelor in Land Policy and Real Estate Development Program
Ex-Ontario Mortgage Broker Fined $600,000 Over Misconduct Charges
“Consumer protection is paramount and licensed mortgage brokers must comply with regulatory requirements,” said Elissa Sinha, director of enforcement at FSRA. Continue Reading Ex-Ontario Mortgage Broker Fined $600,000 Over Misconduct Charges
Would You Pay to Improve Your Neighbor’s Yard Before Selling Your Home?
93% of survey respondents indicated that a poorly maintained neighboring lawn signals lower home value to some degree. Continue Reading Would You Pay to Improve Your Neighbor’s Yard Before Selling Your Home?
Century Communities to Begin Sales at New Arizona Development
Century Communities Inc. (NYSE: CCS) announced that its Century Complete brand will soon open for sales at Western Crossings, a new community in Florence, Arizona. Western Crossings will offer two-story single-family homes, with floor plans up to five bedrooms and...
Wall Street Journal Editors: Senate Housing Bill a ‘Pork-Filled’ Win for Sen. Elizabeth Warren
The Journal further complained the problems facing the housing market were not caused by institutional investors. Continue Reading Wall Street Journal Editors: Senate Housing Bill a ‘Pork-Filled’ Win for Sen. Elizabeth Warren
Eviction-Threatened Mickey Rourke Vacates Rented Los Angeles House
Rourke vehemently denied knowledge of a GoFundMe campaign to fight the eviction. Continue Reading Eviction-Threatened Mickey Rourke Vacates Rented Los Angeles House