Featured Real Estate News
Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
Chicago Bears President Kevin Warren is giving Illinois lawmakers more time to formulate a legislative solution that would keep the football team from relocating to Indiana. In an interview with NBC Sports, Warren stated, “We don’t have a set deadline, but I am...
Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
“We don’t have a set deadline, but I am confident that sometime this spring/summer, we’ll know,” said Bears President Kevin Warren. Continue Reading Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
R-Zero’s Expands Availability of Commercial Real Estate Energy Savings Tool Prospector AI
R-Zero, a San Francisco-headquartered smart building platform focused on reducing energy use and operational costs, announced the nationwide expansion of Prospector AI, its proprietary data analytics software that identifies immediate energy savings for commercial...
Mortgage Credit Availability Improved in February
Access to mortgage credit increased in February, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI rose by 1.1% to 107.1 in February. A decline in the MCAI indicates that lending standards are...
Existing Home Sales Up by 1.7% in February
Existing home sales increased by 1.7% month-over-month in February, to a seasonally adjusted annual rate of 4.09 million, according to data from the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.4%. Month-over-month sales...
News & Current Events
Toll Brothers Opens New Luxury Community in Pennsylvania
Homes are priced from the mid-$900,000s. Continue Reading Toll Brothers Opens New Luxury Community in Pennsylvania
PennyMac Debuts Non-QM Product Suite
The new products are designed to “help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.” Continue Reading PennyMac Debuts Non-QM Product Suite
Tennesee Realtor Indicted on Child Exploitation and Unlawful Photography Charges
Justin Holder has been the subject of a probe conducted by the Tennessee Bureau of Investigation since last May. Continue Reading Tennesee Realtor Indicted on Child Exploitation and Unlawful Photography Charges
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Exclusive News
Trammell Crow Residential Opens Phoenix and Nashville Offices
TCR has named Tom Lewis as managing director in Phoenix and Peter Davis as managing director in Nashville. Continue Reading Trammell Crow Residential Opens Phoenix and Nashville Offices
Corcoran Group Launches New Virginia Franchise
Formerly Wiley Real Estate, the firm was founded in 2016 and is led by broker/owners Justin and Peter Wiley. Continue Reading Corcoran Group Launches New Virginia Franchise
Home Affordability in Q4 Remained Mostly Elusive
ATTOM added the median sales price of a home has risen 54% over the past five years while typical wages only increased by 29%. Continue Reading Home Affordability in Q4 Remained Mostly Elusive
Mortgage Credit Availability Declined in December
“The December decrease reversed gains from the prior two months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Declined in December
Leadership Shift Announced at Toll Brothers
Scott D. Stowell, lead independent director of Toll Brothers, said the succession plan demonstrated both the company’s “deep talent bench.” Continue Reading Leadership Shift Announced at Toll Brothers
Mill Creek Residential Breaks Ground on Single-Family BTR Community in Austin
Mill Creek Residential has broken ground on its latest Texas development: Amavi Northwest Austin, a single-family, build-to-rent (BTR) community in the Northwest Austin/Round Rock metropolitan area. The gated, pet-friendly community will feature 144 three- and...
Democrat Senator Calls on Trump to Declare National Emergency on Housing
The White House did not comment on Slotkin’s remarks or legislation. Continue Reading Democrat Senator Calls on Trump to Declare National Emergency on Housing
Multifamily Housing Proposed at Site of Shuttered Historic San Francisco Theater
The Empire Theater opened in 1925 and permanently closed in February 2021. Continue Reading Multifamily Housing Proposed at Site of Shuttered Historic San Francisco Theater
Builders Predict Construction Uptick in Single-Family Housing for 2026
“While mindful of some weakening for the labor market, the economy remains in solid shape,” said Robert Dietz, NAHB chief economist. Continue Reading Builders Predict Construction Uptick in Single-Family Housing for 2026