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Retail Rent Growth Slowed During Q1
Retail asking rent growth slowed to 1.9% year-over-year during the first quarter, extending a downward trend that started in 2024. According to a data analysis from CoStar Group (NASDAQ: CSGP), several Sun Belt markets that led rent growth earlier in the cycle –...
Retail Rent Growth Slowed During Q1
Minneapolis posted the strongest year-over-year rent gains nationally, at 6.9%. Continue Reading Retail Rent Growth Slowed During Q1
CFPB Updates Rule on Lender Adherence to Equal Credit Opportunity Act
The Consumer Financial Protection Bureau (CFPB) has replaced its rule requiring lenders to adhere to the 1974 Equal Credit Opportunity Act (ECOA). The ECOA was designed to prohibit disparate impact discrimination by lenders who create policies that inadvertently...
Trump Expects Rate Cuts with Warsh as Fed Chief, But Warsh Stresses Fed Independence
Kevin Warsh, President Trump’s nominee to become the next Federal Reserve chairman, vowed to maintain the central bank’s independence after the president said he expected Fed rate cuts once Warsh took office. In a CNBC interview this morning ahead of Warsh’s...
Pending Home Sales Up 1.5% in March
Pending home sales in March increased by 1.5% from February but were down by 1.1% from one year ago, according to the National Association of Realtors (NAR). Month-over-month pending home sales increased in the Northeast and South but declined in the Midwest and West....
News & Current Events
Trump Organization to Develop 70-Story Mixed-Use Development in Republic of Georgia
The project is the first Trump branded project in the region and will become Georgia’s tallest building. Continue Reading Trump Organization to Develop 70-Story Mixed-Use Development in Republic of Georgia
Report: Land Prices Soared 77% Since the Pandemic
Raw land has appreciated the most of any development category, up 86.5% since the first quarter of 2019. Continue Reading Report: Land Prices Soared 77% Since the Pandemic
PennyMac Unveils Special Mortgage Program for Team USA Olympic Athletes
PennyMac Financial Services Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT), the Official Mortgage Provider of Team USA and the 2028 Los Angeles Olympic and Paralympic Games, had unveiled the “Welcome Home: Athlete Mortgage Program,” an initiative...
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First Suspect Arrested in Texas Real Estate Fraud Scheme
Courtney Lister is currently being held on a combined $230,000 bond. Continue Reading First Suspect Arrested in Texas Real Estate Fraud Scheme
Habitat for Humanity to Create ‘Pope Leo Village’ in Wichita
“We like to say that we are putting God’s love into action,” said Danielle Johnson, executive director of Wichita Habitat for Humanity. Continue Reading Habitat for Humanity to Create ‘Pope Leo Village’ in Wichita
Chamber of Realtors, a New National Trade Organization, Launches in Belarus
Beginning on May 16, only members of the Chamber will be allowed to provide realtor services on behalf of a real estate organization within Belarus. Continue Reading Chamber of Realtors, a New National Trade Organization, Launches in Belarus
Hits and Misses for the Real Estate Week of April 13-17
A “pied-à-terre tax” aimed at New York City’s wealthiest property owners, the Wall Street Journal slams home builders, and a Massachusetts town rejects a 50% property tax hike. Continue Reading Hits and Misses for the Real Estate Week of April 13-17
Florida Home Sales Continue to Rise
The statewide median sales price for single-family existing homes in March was $420,000, up 1.8% from the previous year. Continue Reading Florida Home Sales Continue to Rise
A&G Real Estate Partners Offers 78 Walgreens Properties
“These available locations create strong opportunities for expanding retail chains,” said A&G Co-President Emilio Amendola. Continue Reading A&G Real Estate Partners Offers 78 Walgreens Properties
Canadian Home Sales Activity Remains Flat
The non-seasonally adjusted national average home price was $673,084 in March, dipping 0.8% one year earlier. Continue Reading Canadian Home Sales Activity Remains Flat
Survey: More Homeowners Choose to Renovate Instead of Relocate
The most popular upgrade was painting (47%), followed by bathroom (43%) and kitchen (40%) improvements Continue Reading Survey: More Homeowners Choose to Renovate Instead of Relocate
Century 21 Real Estate Debuts Update to Brand Marketing Campaign
The campaign was created by the brand’s advertising agency of record, Siltanen & Partners. Continue Reading Century 21 Real Estate Debuts Update to Brand Marketing Campaign