Featured Real Estate News
FHFA and GSEs to Cease Using Anthropic’s AI Products
The Federal Housing Finance Agency (FHFA), Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) will phase out their use of the artificial intelligence products offered by Anthropic. In a post to his personal X account, FHFA Director Bill Pulte announced, “U.S....
FHFA and GSEs to Cease Using Anthropic’s AI Products
President Trump gave all federal agencies up to six months to phase out their use of the company’s products. Continue Reading FHFA and GSEs to Cease Using Anthropic’s AI Products
$21.5 Million Sale of Charleston Mansion Breaks City Record
A historic mansion in Charleston, South Carolina, dating back to 1800 was sold for $21.5 million, a record high residential sale for that market. Known as the Casper Christian Schutt House, the property at 51 East Bay Street encompasses four structures totaling over...
Whitestone REIT Acquires 90,000 SF Dallas-Area Shopping Plaza
Whitestone REIT (NYSE: WSR) has acquired the 90,391-square-foot World Cup Plaza in the Dallas suburb of Frisco, Texas. Located adjacent to FC Dallas: Toyota Stadium, World Cup Plaza was developed in 2007 and hosts a mix of retailers and restaurants, including Blue...
Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project
Jamie Dimon has distanced himself and his company from the demolition of the White House East Wing and the construction of a new massive ballroom. In a CNN interview, the CEO of JPMorgan Chase (NYSE: JPM) responded to an observation by anchor Erin Burnett that the...
News & Current Events
Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Berkshire Hathaway added that Buffett “has rarely commented publicly since Berkshire’s shareholder’s meeting last May.” Continue Reading Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
Multifamily Developer Confidence Rises in Q3
But confidence levels are still in negative territory. Continue Reading Multifamily Developer Confidence Rises in Q3
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Now Open: The World’s Most Expensive Real Estate Development
Homebuyers in Mareterra have a choice from 100 apartments valued at more than $100,000 per square meter. Continue Reading Now Open: The World’s Most Expensive Real Estate Development
CBRE Executive Gifts $5 Million to Chapman University for Real Estate School
The new school will house Chapman’s MS in Real Estate program. Continue Reading CBRE Executive Gifts $5 Million to Chapman University for Real Estate School
Northmarq Sells Maryland Build-to-Rent Community for $54 Million
The property was built in 2023 and is located 19 miles south of downtown Baltimore. Continue Reading Northmarq Sells Maryland Build-to-Rent Community for $54 Million
Mortgage Rates in a Modest Drop
The 30-year fixed-rate mortgage averaged 6.69% as of Dec. 5. Continue Reading Mortgage Rates in a Modest Drop
Rocket Mortgage Challenges Feds Over Appraisal Independence Rules
The company is asking the court to affirm that it has no control over or other legal responsibility for the actions of an independent appraiser. Continue Reading Rocket Mortgage Challenges Feds Over Appraisal Independence Rules
Report: Real Estate Tax Fraud Costs Philadelphia $11.5 Million Per Year
More than half (56%) of the real estate tax revenues from the program fund the School District of Philadelphia. Continue Reading Report: Real Estate Tax Fraud Costs Philadelphia $11.5 Million Per Year
Report: Four States Are Home to Most At-Risk Housing Markets
Half the markets considered least likely to decline fell in Virginia, Wisconsin, Tennessee, Montana and New Hampshire. Continue Reading Report: Four States Are Home to Most At-Risk Housing Markets
New Center for Leadership Aims to Educate Boston-Area Real Estate Professionals
Participation is open to both ULI members and non-members. Continue Reading New Center for Leadership Aims to Educate Boston-Area Real Estate Professionals
Orange Bridge’s Co-Invest Enables Homeowners to Diversify Home Equity into Bitcoin
Co-Invest is now available in 19 states. Continue Reading Orange Bridge’s Co-Invest Enables Homeowners to Diversify Home Equity into Bitcoin