Featured Real Estate News
META Development Breaks Ground on 14-Unit Luxury Residence in Miami
META Development has broken ground on OPUS Coconut Grove, its new boutique luxury residence in Miami. OPUS encompasses 12 residences and two penthouses that residences begin at approximately 1,900 square feet, with expansive layouts and corner units featuring...
META Development Breaks Ground on 14-Unit Luxury Residence in Miami
Pricing starts at around $3 million. Continue Reading META Development Breaks Ground on 14-Unit Luxury Residence in Miami
Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
Ottawa-headquartered InterRent Real Estate Investment Trust (TSX: IIP.UN) has announced that Chairman and CEO Brad Cutsey is resigning effective March 23. He will also step down as a trustee of the multifamily market-focused REIT. The company said Cutsey’s departure...
Federal Reserve Maintains Rate Range
The Federal Reserve has opted to hold rates at their current level. The central bank’s policy making Federal Open Market Committee stated it will “maintain the target range for the federal funds rate at 3.5% to 3.75%.” The vote...
eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), announced that its agents will be able to syndicate “Coming Soon” pre-market listings to the portals Realtor.com, Homes.com, and ComeHome.com (Google Search). The listings will be made available...
News & Current Events
Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
Frontera Shores will offer a selection of two-, three-, and four-bedroom floor plans ranging from approximately 1,280 to 1,880 square feet. Continue Reading Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
“Thanks to President Trump’s landslide victory, we are replacing a disruptive and expensive Biden insurance mandate with commonsense policies for today’s market,” said FHFA Director Bill Pulte. Continue Reading FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
REMAX: Homes Sold Faster During February Amid Fewer New Listings
“With spring on the horizon, we started to see the market regain some momentum, particularly in how quickly homes are selling,” said Chris Lim, president of REMAX. Continue Reading REMAX: Homes Sold Faster During February Amid Fewer New Listings
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Exclusive News
Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme
Trump offered no explanation for this action, which was issued on Jan. 15 without an official announcement. Continue Reading Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme
Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus
The MOU also includes the creation of new facilities for Hillsborough College, which has 180 days to negotiate and approve a final agreement with the team. Continue Reading Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus
Sen. Warren Demands DOJ Records on Probe into Fed Chairman Powell
FHFA Director Bill Pulte claimed he was not involved in the DOJ’s actions, although several media reports cited him as being the instigator of the probe. Continue Reading Sen. Warren Demands DOJ Records on Probe into Fed Chairman Powell
Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
“My Administration will take decisive action to stop Wall Street from treating America’s neighborhoods like a trading floor and empower American families to own their homes,” said the president. Continue Reading Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
Refinancing Inquiries Spark Upswing in Mortgage Application Activity
The FHA share of total applications decreased to 15.9% from 19.2% the week prior. Continue Reading Refinancing Inquiries Spark Upswing in Mortgage Application Activity
San Francisco Centre, a Once-Mighty 1.5 Million-Square-Foot Mall, to Permanently Close
The property was foreclosed on in November, selling for $134 million. Continue Reading San Francisco Centre, a Once-Mighty 1.5 Million-Square-Foot Mall, to Permanently Close
New York State Home Sales Up 2.5%
Home prices extended the streak of 29 consecutive months of rising values with a 4.2% year-over-year upswing to $440,000. Continue Reading New York State Home Sales Up 2.5%
New Hampshire Bill Would Enable Property Tax Cap Votes Every 2 Years
New Hampshire’s property taxes are among the nation’s highest. Continue Reading New Hampshire Bill Would Enable Property Tax Cap Votes Every 2 Years
Women’s Fashion Retailer Francesca’s to Close All Stores
The chain has more than 450 stores in 45 states, with 3,400 employed as associates. Continue Reading Women’s Fashion Retailer Francesca’s to Close All Stores