Featured Real Estate News
Q1 Vacancy Rates Drop for Canadian Office and Industrial Real Estate
Vacancy rates for Canadian office and industrial properties declined in the first quarter, according to a new data report from Colliers. National office vacancy declined by 100 basis points year-over-year to 13.6%, which Colliers described as “one of the most...
Q1 Vacancy Rates Drop for Canadian Office and Industrial Real Estate
National office vacancy declined by 100 basis points year-over-year to 13.6%. Continue Reading Q1 Vacancy Rates Drop for Canadian Office and Industrial Real Estate
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...
Mortgage Application Activity Drops by 0.8%
Mortgage application activity slowed during the week ending April 3, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.8% on a seasonally adjusted basis from...
Florida Lawmaker Leads Petition Drive to Abolish Property Taxes
A Florida lawmaker is seeking to jump-start efforts to abolish property taxes through a citizens initiative campaign. WKMG Click Orlando reports Rep. Ryan Chamberlin (R-Belleview) announced his plan after his effort to end property taxes failed in the recently...
News & Current Events
NAR Unveils ‘Expertise-Driven Application Process’ for 2027 Governance Committees
“NAR’s committees help shape the work of our association and the future of our industry,” said President Kevin Brown. Continue Reading NAR Unveils ‘Expertise-Driven Application Process’ for 2027 Governance Committees
Survey: Most Canadian Homeowners Have No Plans to Move
The survey noted that nearly half (46%) of Canadians believe homeownership is becoming increasingly difficult to achieve. Continue Reading Survey: Most Canadian Homeowners Have No Plans to Move
Q1 Retail Construction Activity Down Year-Over-Year
CoStar Group noted that current construction volumes are near levels last seen in the early stages of the post-pandemic recovery. Continue Reading Q1 Retail Construction Activity Down Year-Over-Year
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Exclusive News
NFL’s Goodell: Bears Need to Secure New Stadium Deal ‘Sooner Than Later’
Goodell ruled out having the team remaining at Soldier Field, their longtime Chicago home. Continue Reading NFL’s Goodell: Bears Need to Secure New Stadium Deal ‘Sooner Than Later’
Apollo Funds Acquire UK’s Gatehouse Living Group
The financial terms of the deal were not disclosed. Continue Reading Apollo Funds Acquire UK’s Gatehouse Living Group
CMBS Delinquency Rate Up 41 Basis Points to 7.55%
One year ago, the CMBS delinquency rate was 6.65%. Continue Reading CMBS Delinquency Rate Up 41 Basis Points to 7.55%
Apartment Rents Up Slightly in March
On an annual basis, rent growth eased slightly to 0.4% in March, down from 0.5% in February and from 1.5% one year earlier. Continue Reading Apartment Rents Up Slightly in March
Canopy Real Estate Partners Pays $13.39 Million for 36-Unit Phoenix-Area Multifamily Community
CJ Townhomes will be rebranded as The Sonoran Townhomes. Continue Reading Canopy Real Estate Partners Pays $13.39 Million for 36-Unit Phoenix-Area Multifamily Community
A Phil Hall Op-Ed: In Search of New Homes
Roughly half of the nation’s housing stock was built in the 1980s and earlier, with slightly more than one-third built before 1970. Continue Reading A Phil Hall Op-Ed: In Search of New Homes
New Data Reports Find Cooling but Continued Home Price Gains
FHFA Director Bill Pulte did not offer a public comment on the price increases. Continue Reading New Data Reports Find Cooling but Continued Home Price Gains
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
Lennar to Open 3 New Townhome Communities in Southwest Florida
The townhomes offer two-story, open-concept floor plans ranging from 1,343 to 1,392 square feet with three bedrooms and two baths. Continue Reading Lennar to Open 3 New Townhome Communities in Southwest Florida