Featured Real Estate News
Illinois Gov. Pritzker: Indiana Faces ‘Massive Increases in Taxes’ with Proposed Bears Stadium
Illinois Gov. JB Pritzker sought to belittle efforts by Indiana lawmakers to lure the Chicago Bears to their state, accusing the state of dumping a new wave of taxes on residents without seeking their approval. TheIllinoize.com reports Pritzker highlighted reports...
Illinois Gov. Pritzker: Indiana Faces ‘Massive Increases in Taxes’ with Proposed Bears Stadium
“Here in Illinois, we continue to have really positive discussions with the Chicago Bears,” he stated. Continue Reading Illinois Gov. Pritzker: Indiana Faces ‘Massive Increases in Taxes’ with Proposed Bears Stadium
Carrington Holding Company Acquires Reliance First Capital
Anaheim, California-based Carrington Holding Company announced it has acquired Reliance First Capital LLC from Tiptree Inc. Founded in 2008 and headquartered in Melville, New York, Reliance operates a direct-to-consumer mortgage origination platform that serves a...
New White Paper Considers the Role of AI Tools in Luxury Real Estate Sales
Realm Global has published a new white paper on how luxury real estate professionals can transition into the new age of artificial intelligence (AI). Titled "Intelligent Luxury: How AI Is Redefining Trust, Taste, and Timeless Value," the paper is co-authored by Realm...
New Wave of Online Fraudsters Target Abu Dhabi Real Estate Market
One of the world’s hottest real estate markets is now becoming a hotbed for online real estate fraud schemes. Gulf News reports that the police department in Abu Dhabi, the capital of the United Arab Emirates, has issued a warning about a resurgence in fraudulent...
News & Current Events
Luxury Home Sales Up 5% in September
The only two metros where prices dropped were Tampa, Florida (-3.3% to $1.45 million) and Oakland, California (-2.2% to $2.9 million). Continue Reading Luxury Home Sales Up 5% in September
Illinois Home Sales Up 4.6% Year-Over-Year
The monthly median price of $301,000 in September was 3.8% higher than $290,000 from one year before. Continue Reading Illinois Home Sales Up 4.6% Year-Over-Year
Realtor.com to Debut FlyAround, Offering 360-Degree Views of Properties
Roll out is slated over the next few weeks. Continue Reading Realtor.com to Debut FlyAround, Offering 360-Degree Views of Properties
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Exclusive News
Corcoran Group Announces First DC-Area Franchise
Corcoran McEnearney will become the network’s second largest franchise. Continue Reading Corcoran Group Announces First DC-Area Franchise
Lennar Acquires Arkansas Builder Rausch Coleman Homes
The financial aspects of the deal were not disclosed. Continue Reading Lennar Acquires Arkansas Builder Rausch Coleman Homes
Report: Home of Missing Texas Realtor May Be Sold
Suzanne Clark Simpson was last seen alive on the evening of Oct. 6. Continue Reading Report: Home of Missing Texas Realtor May Be Sold
Housing Starts Dropped in October
Single-family housing completions in October were at a rate of 986,000, a 1.4% drop from the revised September rate of 1 million. Continue Reading Housing Starts Dropped in October
Oil Property Acquirer Pays $245 Million for 46,000-Acre Texas Property
LandBridge was formed in 2021 by Five Point Energy LLC, a private equity firm. Continue Reading Oil Property Acquirer Pays $245 Million for 46,000-Acre Texas Property
Blackstone Buys Majority Stake in Jersey Mike’s Sub Sandwich Chain
Jersey Mike’s Subs has more than 3,000 locations nationwide that are open and in development. Continue Reading Blackstone Buys Majority Stake in Jersey Mike’s Sub Sandwich Chain
Canadian Housing Starts Up in October
CMHC Chief Economist Bob Dugan said, “The increases in the monthly SAAR in Toronto and Vancouver are a promising sign for Ontario and British Columbia.” Continue Reading Canadian Housing Starts Up in October
A Phil Hall Op-Ed: The Diminished Importance of the HUD Secretary Role
Editor Phil Hall considers why the role of HUD secretary seems none-too-important today. Continue Reading A Phil Hall Op-Ed: The Diminished Importance of the HUD Secretary Role
Grant Cardone Considers Run for California Governor
Gavin Newsom has been governor since 2019 Continue Reading Grant Cardone Considers Run for California Governor