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Santa Fe to Link Minimum Wage Increases to Housing Affordability
Santa Fe’s minimum wage will rise to $17.50 in 2027. Continue Reading Santa Fe to Link Minimum Wage Increases to Housing Affordability
Santa Fe to Link Minimum Wage Increases to Housing Affordability
Santa Fe’s minimum wage will rise to $17.50 in 2027. Continue Reading Santa Fe to Link Minimum Wage Increases to Housing Affordability
Rental Housing Developer Sunstone Two Tree Opens Phoenix Office
Sunstone Two Tree, a developer and operator of rental housing communities in high-growth markets, announced that it has opened an office in Phoenix. Based in The Promenade office park in North Scottsdale, the new space will support the company's operations in the...
New Senate Bill Would Recognize Cryptocurrency as Mortgage Collateral
Sen. Cynthia Lummis (R-WY) has introduced a bill to codify the directive made by Bill Pulte, director of the Federal Housing Finance Agency, that would allow cryptocurrency to be considered as an asset for mortgages delivered to the government-sponsored enterprises...
Pending Home Sales Down During June
Pending home sales in June were down by 0.8% from the prior month and were also down 2.8% year-over-year, according to the National Association of Realtors (NAR). Month-over-month and year-over-year pending sales declined in the Midwest, South, and West. The Northeast...
NEWS & CURRENT EVENTS
Realty One Group International Expands Into the Dominican Republic
This is the 27th country where the company has a presence. Continue Reading Realty One Group International Expands Into the Dominican Republic
6-Unit Connecticut Multifamily Property Sells for $2 Million
Company president Matt Cawley represented the seller and procured the buyer, a local real estate investor in the transaction. Continue Reading 6-Unit Connecticut Multifamily Property Sells for $2 Million
Egypt Unveils Plans for New City
Egyptian Prime Minister Moustafa Madbouli declared the project to be “an urban and development revolution” that will create 250,000 jobs. Continue Reading Egypt Unveils Plans for New City
Hits and Misses for the Real Estate Week of May 26-30
This week’s Hits and Misses include Gov. Ron DeSantis and Kim Reynolds, former Vice President Kamala Harris, and NAR’s newest executives. Continue Reading Hits and Misses for the Real Estate Week of May 26-30
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Multifamily Developer Wood Partners Enters RI and NH Markets
Both properties are expected to deliver their first units in the Spring of 2025. Continue Reading Multifamily Developer Wood Partners Enters RI and NH Markets
Former Illinois Hospital to Be Auctioned in Bankruptcy Sale
The former St. Margaret’s Health Hospital encompasses a five-story former hospital plus an adjacent two-story medical office. Continue Reading Former Illinois Hospital to Be Auctioned in Bankruptcy Sale
Real Estate Investor Fights $180K Fine for Illegal Airbnb at Las Vegas Property
Xin Tao said the city was aware of the unauthorized Airbnb usage as early as October 2021. Continue Reading Real Estate Investor Fights $180K Fine for Illegal Airbnb at Las Vegas Property
NYC Register Approves Fake Deed Listing Ivanka Trump and Hillary Clinton as Real Estate Partners
The phony deed claimed the unlikely partners were “relatives or former relatives.” Continue Reading NYC Register Approves Fake Deed Listing Ivanka Trump and Hillary Clinton as Real Estate Partners
West Virginia’s ‘Castle of the Coalfields’ Relisted at $250K
The 23,000-square-foot complex in Itmann, West Virginia, is on National Register of Historic Places. Continue Reading West Virginia’s ‘Castle of the Coalfields’ Relisted at $250K
Connecticut Allocates $8 Million to Remediate Land for Proposed Minor League Soccer Stadium
Tech millionaire André Swanston said his stadium project will need “some level of state support.” Continue Reading Connecticut Allocates $8 Million to Remediate Land for Proposed Minor League Soccer Stadium
Hits and Misses for the Real Estate Week of June 10-14
An update to the VA home loan program, the CFPB trying to help mortgage originators and Jack in the Box marching into Georgia top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of June 10-14
Listing Recommends Buyers Bring a Hazmat Suit for House Tour
There is honesty, and then there is brutal honesty, and then there is Ash Swarts, a sales consultant with Australia’s O’Neil Real Estate who authored a listing for a home in the Perth suburb of Kelmscott. According to the Daily Mail, Swarts’ listing acknowledged the...
Upstate NY Island with Celebrity Past Listed for Nearly $3 Million
The property was once owned by actress/model Brooke Shields. Continue Reading Upstate NY Island with Celebrity Past Listed for Nearly $3 Million
Hotel Void to Be Filled in Connecticut’s Largest City
Bridgeport’s last hotel, a Holiday Inn, closed in January 2022. Continue Reading Hotel Void to Be Filled in Connecticut’s Largest City
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