Featured Real Estate News
Mortgage Application Activity Slows Amid Decline in Refinancing
Mortgage application activity slowed during the week ending March 27 amid a steep decline in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, fell by 10.4% on...
Mortgage Application Activity Slows Amid Decline in Refinancing
The VA share of total applications increased to 16.1% from 15.9%. Continue Reading Mortgage Application Activity Slows Amid Decline in Refinancing
New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
The melodrama involving the Chicago Bears took an unexpected turn with a new proposal put forth to keep the team in their hometown with a modern renovation of their longtime stadium. Fox 32 Chicago reports the architectural firm Edward Peck Design released a concept...
Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
More than half of Americans believe advances in artificial intelligence (AI) results could make it more difficult for them to become homeowners. According to a survey commissioned by Redfin, nearly three in five respondents (59%) feared that AI will result in the...
Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
Trumark Homes, the San Ramon, California-based homebuilder, announced it is expanding into the Pacific Northwest with the acquisition of Sumner, Washington-based homebuilder JK Monarch. According to Trumark, this acquisition will expand the company’s footprint in the...
News & Current Events
Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
She served as CREFC’s chairperson in 2010–2011 and was a member of its board of governors for more than nine years. Continue Reading Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
To fill in the deficit, some proposals being considered include a $20 to $30 increase on property taxes. Continue Reading Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
Chicago Boosts Hotel Tax, Making it the Nation’s Highest
The tax increase applies to room rates at hotels with 100 or more rooms. Continue Reading Chicago Boosts Hotel Tax, Making it the Nation’s Highest
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Mortgage Application Activity Up by Nearly 3%
The VA share of total applications increased to 16.5% from 16.0% percent the week prior. Continue Reading Mortgage Application Activity Up by Nearly 3%
Historic Michigan Cinema to Become Mixed-Use Development
The venue opened in November 1921 as the Rivoli Theatre. Continue Reading Historic Michigan Cinema to Become Mixed-Use Development
Kennedy Wilson is Acquired in $1.6 Billion Deal
Headquartered in Beverly Hills, California, Kennedy Wilson has $31 billion of assets under management. Continue Reading Kennedy Wilson is Acquired in $1.6 Billion Deal
Florida Home Sales Rise as Prices Decline
The statewide median sales price for single-family existing homes last month was $405,000, down 1.2% from January 2025. Continue Reading Florida Home Sales Rise as Prices Decline
Zillow Offers Real Estate Platform Based on World of Warcraft
The Zillow for Warcraft launch is being marketed in a co-branded campaign across paid social, Reddit and TikTok creators and Zillow’s social channels. Continue Reading Zillow Offers Real Estate Platform Based on World of Warcraft
Society of Industrial and Office Realtors Names David C. Lockwood III as CEO
Lockwood replaces Jim Dinegar, who stepped down after serving as CEO since last May. Continue Reading Society of Industrial and Office Realtors Names David C. Lockwood III as CEO
Remodeling Firm West Shore Home Expands into New England
The company will use its new office to extend its presence throughout most of Massachusetts and into parts of New Hampshire, Rhode Island, and Connecticut. Continue Reading Remodeling Firm West Shore Home Expands into New England
Builders Remain Pessimistic on Single-Family Home Market
“Housing affordability remains an ongoing challenge at the start of 2026,” said NAHB Chief Economist Robert Dietz. Continue Reading Builders Remain Pessimistic on Single-Family Home Market
Illinois Lawmakers Make New Push to Keep the Chicago Bears from Leaving the State
Sources close to the team claim the Bears will announce their future plans in the coming weeks. Continue Reading Illinois Lawmakers Make New Push to Keep the Chicago Bears from Leaving the State