Featured Real Estate News
DC Office Building Sold for $24 Million, Will Become Rental Housing
The General Services Administration (GSA) is selling a 940,000-square-foot office building in Washington, DC, to a housing developer for $24 million. The Wall Street Journal reports Dalian Development plans to transform the vacant GSA Regional Office Building near...
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
30-Year Fixed-Rate Mortgage Floats Up to 6.00%
The 30-year fixed-rate mortgage inched up to 6.00% as of March 5, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). Last week, it fell below the 6.00% mark for the first time since 2022, averaging 5.98%. A year ago at this time,...
Survey: Home Prices, Not Mortgage Rates, Are the Greatest Barrier for Buyers
While mortgage rates are in a downturn, a new survey finds most Americans complaining that elevated home prices are keeping them out of the housing market. The survey of 1,003 adults conducted on March 2 by HomeServe, a leading residential infrastructure repair...
St. Petersburg Mayor: City is in ‘Better Place’ Without New Stadium for Tampa Bay Rays
St. Petersburg Mayor Ken Welch has no regrets that the Tampa Bay Rays withdrew their plans last year to build a stadium in his city. Indeed, he’s quite happy about it. Last March, the team discontinued its plans for a new $1.3 billion, 30,000-seat venue in St....
News & Current Events
Toronto Home Sales and Prices Slumped in February
The average selling price, at a little more than $1 million, was down 7.1% from February 2025. Continue Reading Toronto Home Sales and Prices Slumped in February
iPic Theaters Files for Bankruptcy, Plans to Sell Assets
The Boca Raton, Florida-headquartered company previously filed for bankruptcy in 2019. Continue Reading iPic Theaters Files for Bankruptcy, Plans to Sell Assets
Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
It is unclear what the companies plan to do with the property. Continue Reading Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
Popular Articles
Exclusive News
Mickey Rourke Starts GoFundMe Campaign to Fight Eviction from LA Home
The GoFundMe campaign is titled “Help Mickey Rourke Stay in His Home” and raised just under $20,000 since its launch on Jan. 4. Continue Reading Mickey Rourke Starts GoFundMe Campaign to Fight Eviction from LA Home
Meraas Previews Masterplan for New Dubai Waterfront Development
The timeline and budget for the project were not disclosed. Continue Reading Meraas Previews Masterplan for New Dubai Waterfront Development
Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
The HUD Secretary on a roll, pending home sales on the rise, and Warren Buffett calls it a day. Continue Reading Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
Fort Worth Business Owner Pleads Guilty in Unfinished Home Building Fraud Case
Christopher Judge faces up to 20 years in federal prison. Continue Reading Fort Worth Business Owner Pleads Guilty in Unfinished Home Building Fraud Case
The Kraft Group Reaches Agreement for New Boston-Area Soccer Stadium
The Kraft Group, which also owns the New England Patriots, will make an initial payment of $3 million over six years to Boston, which will go into the Charlestown Community Impact Fund Continue Reading The Kraft Group Reaches Agreement for New Boston-Area Soccer Stadium
Maryland to See Average Increase of 12.7% on Property Tax Assessments
All 23 counties and Baltimore City will see increases in property values. Continue Reading Maryland to See Average Increase of 12.7% on Property Tax Assessments
SEC Charges Duo for $300 Million Ponzi Scheme Tied to ‘Real Estate Acceleration Loans’ Program
Bradford and Linarducci raised more than $35 million and $13 million in investor funds, respectively. Continue Reading SEC Charges Duo for $300 Million Ponzi Scheme Tied to ‘Real Estate Acceleration Loans’ Program
International Hot Rod Association Acquires North Carolina’s Rockingham Speedway
The purchase price was not disclosed. Continue Reading International Hot Rod Association Acquires North Carolina’s Rockingham Speedway
HUD Report Uncovers More Than $5 Billion in Biden-Era Potential Payment Errors
“HUD will continue investigating the shocking results and will take appropriate action to hold bad actors accountable,” said Secretary Scott Turner. Continue Reading HUD Report Uncovers More Than $5 Billion in Biden-Era Potential Payment Errors