Featured Real Estate News
Hits and Misses for the Real Estate Week of April 13-17
A “pied-à-terre tax” aimed at New York City’s wealthiest property owners, the Wall Street Journal slams home builders, and a Massachusetts town rejects a 50% property tax hike. From the wild and wooly world of real estate, here are our Hits and Misses for the week of...
Hits and Misses for the Real Estate Week of April 13-17
A “pied-à-terre tax” aimed at New York City’s wealthiest property owners, the Wall Street Journal slams home builders, and a Massachusetts town rejects a 50% property tax hike. Continue Reading Hits and Misses for the Real Estate Week of April 13-17
Trump Removes Pam Bondi as Attorney General
President Trump has removed Pam Bondi as US Attorney General. In a post on Truth Social, Trump called Bondi a “Great American Patriot and a loyal friend, who faithfully served as my Attorney General over the past year.” He stated Bondi will be transitioning to a much...
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...
News & Current Events
The Beverly Hills Estates in New Partnership with Savills
The Beverly Hills Estates will serve as Savills’ exclusive West Coast residential brokerage partner. Continue Reading The Beverly Hills Estates in New Partnership with Savills
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
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ESPN’s Stephen A. Smith Blasts ‘Very, Very Stupid’ Chicago for Letting Bears Leave the City
“You’re going to let Indiana profit off your team?” Smith asked. Continue Reading ESPN’s Stephen A. Smith Blasts ‘Very, Very Stupid’ Chicago for Letting Bears Leave the City
US and Pakistan Sign MoU to Renovate Historic NYC Hotel-Turned-Migrant Center
The Roosevelt opened in 1924 and has more than 1,000 rooms. Continue Reading US and Pakistan Sign MoU to Renovate Historic NYC Hotel-Turned-Migrant Center
Boston Approves New Seaport District Hotel Across from Menino Center
The new hotel will join the existing Aloft and Element Boston Seaport hotels as the newest component of a 968-key hotel and retail campus. Continue Reading Boston Approves New Seaport District Hotel Across from Menino Center
Hits and Misses for the Real Estate Week of Feb. 16-20
A proposed property tax hike in New York City, a California lawmaker fighting for homeowner insurance rights, and a hotel executive forced out of his job because of a toxic friend. Continue Reading Hits and Misses for the Real Estate Week of Feb. 16-20
Home Builders Renew Exemption Call on Building Materials as Trump Plans Global 10% Tariff
The National Association of Home Builders (NAHB) renewed its call to exempt building materials from his renewed tariff targeting after the Supreme Court voted 6-3 to reject President Trump’s expanded use of the International Emergency Economic Powers Act (IEEPA) for...
Drop in Pennsylvania Home Sales and Prices Blamed on Severe Winter Weather
Last month, Pennsylvania home sales decreased to 4,560, down 45% from December and down nearly 36% year-over-year. Continue Reading Drop in Pennsylvania Home Sales and Prices Blamed on Severe Winter Weather
New York State Home Sales Declined 7.5% in January
The statewide median sales price rose 7.2% year-over-year to $445,000. Continue Reading New York State Home Sales Declined 7.5% in January
Senator Warren Leads Democrats in Accusing DOJ of ‘Corruption’ in Approving Compass-Anywhere Merger
“This decision raises questions about corruption under your watch and its impact on housing affordability for American families,” said the letter to Bondi. Continue Reading Senator Warren Leads Democrats in Accusing DOJ of ‘Corruption’ in Approving Compass-Anywhere Merger
Florida Man Charged in North Carolina Farmland Sale Scam
Kellie Brian Butler is being held in North Carolina’s Pitt County Detention Center under a $500,000 secured bond. Continue Reading Florida Man Charged in North Carolina Farmland Sale Scam