Featured Real Estate News
Home Sales Profits Down During Q1
Homeowners made a 44.1% profit on typical single-family home and condo sales during the first quarter of this year, according to data from ATTOM. That was down from 47.2% in the previous quarter and from 50.2% the first quarter of 2025. The profit margin percentage is...
Home Sales Profits Down During Q1
The first quarter’s home prices held steady from the previous quarter at $360,000 but were up 3% year-over-year from $350,000 in the first quarter of 2025. Continue Reading Home Sales Profits Down During Q1
Pending Home Sales Up 1.5% in March
Pending home sales in March increased by 1.5% from February but were down by 1.1% from one year ago, according to the National Association of Realtors (NAR). Month-over-month pending home sales increased in the Northeast and South but declined in the Midwest and West....
Trump Organization to Develop 70-Story Mixed-Use Development in Republic of Georgia
The Trump Organization, in collaboration with five development and investment companies, has unveiled plans for Trump Tower Tbilisi, a 70-story mixed-use property in the capital of the Republic of Georgia. The project is the first Trump branded project in the region...
Report: Land Prices Soared 77% Since the Pandemic
A land buying frenzy created during the pandemic era permanently disrupted the housing market, according to an inaugural data analysis report on land listings by Realtor.com. Since the first quarter of 2019, land market contracted by 23.6% and has yet to recover. Over...
News & Current Events
PennyMac Unveils Special Mortgage Program for Team USA Olympic Athletes
PennyMac Financial Services Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT), the Official Mortgage Provider of Team USA and the 2028 Los Angeles Olympic and Paralympic Games, had unveiled the “Welcome Home: Athlete Mortgage Program,” an initiative...
Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium
“Should this commitment ultimately not be achievable, we would have no choice but to evaluate alternatives,” said Rays CEO Ken Babby. Continue Reading Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium
Rosehaven Homes Debuts Extended Deposit Program for Buyers at Ontario Condo Development
Construction is scheduled to begin in the late autumn, with occupancy slated for early 2030. Continue Reading Rosehaven Homes Debuts Extended Deposit Program for Buyers at Ontario Condo Development
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Trump Threatens to Fire Powell if He Stays on the Federal Reserve Board
“I’ve wanted to fire him, but I hate to be controversial,” Trump said. Continue Reading Trump Threatens to Fire Powell if He Stays on the Federal Reserve Board
Refinancing Surge Drives Up Mortgage Application Activity
The Refinance Index increased 5% and was 15% higher than the same week one year ago. Continue Reading Refinancing Surge Drives Up Mortgage Application Activity
Foshay Tower, Historic Minneapolis Property, Faces Foreclosure
The 32-story Art Deco property was built in 1929 as the corporate headquarters for utilities mogul Wilbur Foshay. Continue Reading Foshay Tower, Historic Minneapolis Property, Faces Foreclosure
Century Communities Unveils New Georgia Community
Pricing begins in the $280,000s. Continue Reading Century Communities Unveils New Georgia Community
Bascom Group Acquires 294-Unit Las Vegas Apartment Community for $103 Million
Bascom plans to complete lease-up of the property and implement institutional-grade management through Cushman & Wakefield. Continue Reading Bascom Group Acquires 294-Unit Las Vegas Apartment Community for $103 Million
Prosecutors Make Surprise Visit to Federal Reserve HQ Renovation Site
“Any construction project that has cost overruns of almost 80% over the original construction budget deserves some serious review,” said US Attorney Jeanine Pirro. Continue Reading Prosecutors Make Surprise Visit to Federal Reserve HQ Renovation Site
Judge Dismisses Defamation Lawsuit Brought by Fired Fannie Mae Workers Against FHFA’s Pulte
Pulte has yet to publicly produce evidence that the former employees received kickbacks. Continue Reading Judge Dismisses Defamation Lawsuit Brought by Fired Fannie Mae Workers Against FHFA’s Pulte
Ex-Massachusetts State Police Sergeant Pleads Guilty to Loan Fraud Tied to Real Estate Business
Damian Halfkenny was charged with one count of wire fraud, which provides for a sentence of up to 20 years in prison, three years of supervised release and a fine of $250,000. Continue Reading Ex-Massachusetts State Police Sergeant Pleads Guilty to Loan Fraud Tied to Real Estate Business
Ryan Serhant Expands Luxury Brokerage Into California
California is the 16th state for the company’s operations since it first expanded outside of New York in 2023. Continue Reading Ryan Serhant Expands Luxury Brokerage Into California