Featured Real Estate News
Toll Brothers Unveils Townhome Community in Charlotte
The luxury homebuilder Toll Brothers Inc. (NYSE:TOL) announced its newest townhome community, Toll Brothers at South Park, will open in late 2026 in Charlotte, North Carolina. Toll Brothers at South Park will feature residences encompassing over 2,000 square feet of...
Toll Brothers Unveils Townhome Community in Charlotte
Toll Brothers at South Park will feature residences encompassing over 2,000 square feet of open-concept living space. Continue Reading Toll Brothers Unveils Townhome Community in Charlotte
Mortgage Rates Rise for Fifth Straight Week
Mortgage rates for the fifth straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.46% as of April 2, up from last week when it averaged 6.38%. A year ago at this time, it...
Justice Dept. Sues New Jersey Township Over Natural Gas Ban
The Department of Justice (DOJ) has filed a lawsuit against Morris Township, New Jersey, over its ordinance that bans the use of natural gas, propane gas, and fuel oil infrastructure and appliances in certain new residential construction. According to the lawsuit, the...
The Beverly Hills Estates in New Partnership with Savills
The Beverly Hills Estates, a West Hollywood-based luxury real estate firms, has announced a new partnership with the London-headquartered global real estate services provider Savills. According to the companies, The Beverly Hills Estates will serve as Savills’...
News & Current Events
APW Avenue Group Acquires Reno Apartment Community for $96 Million
“Reno’s transformation is being fueled by world-class employers that are creating thousands of high-paying jobs,” said James R. Parks, founder and principal of APW Avenue Group. Continue Reading APW Avenue Group Acquires Reno Apartment Community for $96 Million
Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement
Stephen Webster was indicted on Sept. 12 and arrested in Palm Beach County, Florida, on Sept. 30. Continue Reading Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement
The Best Market for First-Time Homebuyers Is…
“First-time buyers are finally seeing some light at the end of the tunnel,” said Orphe Divounguy, senior economist at Zillow. Continue Reading The Best Market for First-Time Homebuyers Is…
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CMBS Delinquency Rate Up 41 Basis Points to 7.55%
One year ago, the CMBS delinquency rate was 6.65%. Continue Reading CMBS Delinquency Rate Up 41 Basis Points to 7.55%
Apartment Rents Up Slightly in March
On an annual basis, rent growth eased slightly to 0.4% in March, down from 0.5% in February and from 1.5% one year earlier. Continue Reading Apartment Rents Up Slightly in March
Canopy Real Estate Partners Pays $13.39 Million for 36-Unit Phoenix-Area Multifamily Community
CJ Townhomes will be rebranded as The Sonoran Townhomes. Continue Reading Canopy Real Estate Partners Pays $13.39 Million for 36-Unit Phoenix-Area Multifamily Community
A Phil Hall Op-Ed: In Search of New Homes
Roughly half of the nation’s housing stock was built in the 1980s and earlier, with slightly more than one-third built before 1970. Continue Reading A Phil Hall Op-Ed: In Search of New Homes
New Data Reports Find Cooling but Continued Home Price Gains
FHFA Director Bill Pulte did not offer a public comment on the price increases. Continue Reading New Data Reports Find Cooling but Continued Home Price Gains
Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
“We don’t have a set deadline, but I am confident that sometime this spring/summer, we’ll know,” said Bears President Kevin Warren. Continue Reading Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
Lennar to Open 3 New Townhome Communities in Southwest Florida
The townhomes offer two-story, open-concept floor plans ranging from 1,343 to 1,392 square feet with three bedrooms and two baths. Continue Reading Lennar to Open 3 New Townhome Communities in Southwest Florida
First Residences Available in New Savannah-Area Build-to-Rent Community
Vertical construction began last October, with the first units expected in April and full project completion slated for early 2027. Continue Reading First Residences Available in New Savannah-Area Build-to-Rent Community
Bill Ackman Spurs Investors to Buy Shares in Fannie Mae and Freddie Mac
“Fannie and Freddie are stupidly cheap…They could be a 10X and it could happen soon,” he said. Continue Reading Bill Ackman Spurs Investors to Buy Shares in Fannie Mae and Freddie Mac