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Canadian Home Sales Up, Prices Down in October
There were 189,000 properties listed for sale on all Canadian MLS Systems at the end of last month, up 7.2% from October 2024. Continue Reading Canadian Home Sales Up, Prices Down in October
Canadian Home Sales Up, Prices Down in October
There were 189,000 properties listed for sale on all Canadian MLS Systems at the end of last month, up 7.2% from October 2024. Continue Reading Canadian Home Sales Up, Prices Down in October
66-Unit Connecticut Multifamily Property Sells for $20.7 Million
A 66-unit multifamily apartment community in the affluent New York City suburb of Greenwich, Connecticut, has been sold for $20.7 million. The sale of Putnam Green, which was built in 1976, is the largest multifamily transaction in Greenwich since 2012. The sale...
Vice President Vance Questions Why Powell is Avoiding Rate Cuts
Vice President JD Vance is questioning whether Federal Reserve Chairman Jerome Powell stopped lowering interest rates because returned to the presidency. In a posting on X, Vance wrote: “I’d love to hear an argument for why Powell cut rates 50 points right before an...
DC-Area Real Estate Agents Report DOGE Impacts on Home Selling
Elon Musk is no longer in Washington, DC, but the job-slashing impact of his Department of Government Efficiency (DOGE) has a lingering impact on the local housing market. A new data report from Bright MLS found over half (54%) of DC-area agents reported federal...
NEWS & CURRENT EVENTS
Habitat for Humanity Canada Issues Report on its Economic Impact
Habitat for Humanity Canada invested approximately $306 million in building and renovating homes from 2019 to 2023. Continue Reading Habitat for Humanity Canada Issues Report on its Economic Impact
Canadian Home Sales Down in March
CREA is forecasting 482,673 residential properties to trade hands via Canadian MLS Systems this year. Continue Reading Canadian Home Sales Down in March
Security Properties Acquires Seattle Apartment Complex for $34.7 Million
Security Properties now owns 29 assets totaling more than 6,500 units in the Greater Seattle area. Continue Reading Security Properties Acquires Seattle Apartment Complex for $34.7 Million
Placemakr Launches First Utah Property
Placemakr Salt Lake City at Brix will offer 100 studio, one, and two-bedroom units available for residential leasing and 45 fully furnished hospitality units. Continue Reading Placemakr Launches First Utah Property
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Robert Sutherland Named Head of Real Estate at Raymond James’ Canadian Division
Sutherland will oversee and lead the real estate sector for the firm’s investment banking team in Canada. Continue Reading Robert Sutherland Named Head of Real Estate at Raymond James’ Canadian Division
Homeownership Rates for Asian Americans and Hispanics at Record Highs
Homeownership rates for Asian Americans and Hispanics reached historic peaks in the latest data report published by the National Association of Realtors. Continue Reading Homeownership Rates for Asian Americans and Hispanics at Record Highs
New Mortgage Banking President at Horizon Bank
David Pendley was previously vice president of mortgage lending at Consumers Credit Union. Continue Reading New Mortgage Banking President at Horizon Bank
Texas-Based Construction Law Firm Opens First California Office
The firm specializes in construction, real estate law, business, and contract disputes. Continue Reading Texas-Based Construction Law Firm Opens First California Office
Another Real Estate Commission Lawsuit is Filed, This Time in Nevada
Another week, another copycat lawsuit regarding real estate broker commissions! The latest was filed on Feb. 16 in Nevada, marking the second filed in the state this year. According to combined media reports, the new lawsuit involves Andrea Boykin, who sold her Las...
Person of the Week: Hedgeye’s Rob Simone Analyzes the Problems at Medical Properties Trust
“The company has been burning a tremendous amount of cash and it’s been trying to work its way out of this mess,” said Simone. Continue Reading Person of the Week: Hedgeye’s Rob Simone Analyzes the Problems at Medical Properties Trust
The State with the Highest Property Tax Is…
In a political measurement, Blue States have 29.17% higher real-estate property taxes than Red States. Continue Reading The State with the Highest Property Tax Is…
Mortgage Start-Up Tomo Debuts AI-Driven Real Estate Portal
“Tomo’s beginnings as a mortgage company set us apart in the real estate industry,” said Tomo co-founder and CEO Greg Schwartz. Continue Reading Mortgage Start-Up Tomo Debuts AI-Driven Real Estate Portal
Florida Estate in Zelensky Hoax Story Going Up For Auction
“I can confirm the property has not been sold to Zelensky or to any other nation’s leader,” said David Ashcroft, Platinum’s managing director. Continue Reading Florida Estate in Zelensky Hoax Story Going Up For Auction
Michael P. Lyons Named President at PNC
Lyons succeeds William S. Demchak, who will continue in his current roles as chairman and CEO of the corporation. Continue Reading Michael P. Lyons Named President at PNC
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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