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CTO Realty Growth Acquires 35-Acre Florida Retail Center for $65.2 Million
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in the higher growth Southeast and Southwest markets, has acquired Pompano Citi Centre, an open-air retail center located on 35 acres in the Pompano Beach submarket of Fort...
CTO Realty Growth Acquires 35-Acre Florida Retail Center for $65.2 Million
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in the higher growth Southeast and Southwest markets, has acquired Pompano Citi Centre, an open-air retail center located on 35 acres in the Pompano Beach submarket of Fort...
Median for Luxury Home Sales Prices Hit New Record High for October
Luxury home sale prices reached a median of $1.28 million, a record high for the month of October, according to new data from Redfin. Last month’s price was a 5.5% year-over-year increase. Luxury home prices increased by roughly three times faster than non-luxury...
Virginia Home Sales Jumped by 3.1% in October
A total of 9,006 closed home sales were recorded in Virginia in October, more than 274 sales or a 3.1% increase from one year earlier. According to data from Virginia Realtors, there were 25,196 active listings on the market last month, which represents 5,154 more...
Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Reston, Virginia-headquartered Stanley Martin Homes is expanding into the Savannah market with the launch of Brunson Station, a master-planned community coming to Guyton, Georgia. The development spans a total of 170 acres, with 104 acres planned for the construction...
NEWS & CURRENT EVENTS
Watchdog Group Seeks Bar Probe of Prosecutor in Letitia James Mortgage Fraud Case
“CfA Executive Director Michelle Kuppersmith said, “It is difficult to overstate the damage wrought by Ms. Halligan’s actions.” Continue Reading Watchdog Group Seeks Bar Probe of Prosecutor in Letitia James Mortgage Fraud Case
New Forecast Predicts Slight Decline in Q4 Apartment Rent Growth
acancy is expected to hold at 8.2% through the end of December before easing to 7.9% by the end of 2026. Continue Reading New Forecast Predicts Slight Decline in Q4 Apartment Rent Growth
Kansas City Chiefs Reportedly Issue RFP for Design of New Stadium
The State of Kansas has offered to finance up to 70% of a new stadium project if the team decides to cross the state line. Continue Reading Kansas City Chiefs Reportedly Issue RFP for Design of New Stadium
Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
One of the unnamed sources in Politico’s coverage complained that Pulte “sold POTUS a bill of goods that wasn’t necessarily accurate.” Continue Reading Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Pending Home Sales Down 0.4% in July
NAR added that its Realtors Confidence Index survey in July found 16% of its members expecting an increase in buyer traffic over the next three months. Continue Reading Pending Home Sales Down 0.4% in July
Houston Astros File Lawsuit to Block Property Taxes on Stadium
The team claims Harris County “has no authority beyond what is conferred by the Texas Constitution or statute.” Continue Reading Houston Astros File Lawsuit to Block Property Taxes on Stadium
Bright MLS Joins Georgia and Florida Listing Services in Data Sharing Partnership
In this partnership, subscribers in the three services will not need separate logins or memberships to access each other’s listings. Continue Reading Bright MLS Joins Georgia and Florida Listing Services in Data Sharing Partnership
Equity Union Real Estate Begins Sales at Luxury LA Condo Complex
Pricing ranges from $975,000 to $2.8 million. Continue Reading Equity Union Real Estate Begins Sales at Luxury LA Condo Complex
Gov. DeSantis Pledges to Slash or Eliminate Florida’s Property Taxes
“I think that property taxes have pinched a lot of people, and I think we got to do something about it,” DeSantis said. Continue Reading Gov. DeSantis Pledges to Slash or Eliminate Florida’s Property Taxes
Memphis, Detroit, and Baltimore Top List of Cities with Highest Crime Rates
Washington, DC, placed tenth on the FBI’s list. Continue Reading Memphis, Detroit, and Baltimore Top List of Cities with Highest Crime Rates
Survey: More Than Half of Canadians Who Own US Homes Plan to Sell Within Next Year
Nearly two-thirds (62%) of those potential Canadian sellers blamed Trump administration trade policies with Canada as the reason for their departure. Continue Reading Survey: More Than Half of Canadians Who Own US Homes Plan to Sell Within Next Year
Jeff Kellmas Named Director of Leasing at First National Realty Partners
Kellams was most recently as vice president of Leasing at Washington Prime Group. Continue Reading Jeff Kellmas Named Director of Leasing at First National Realty Partners
Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
By the end of July, the total number of home sellers was 1.95 million, down from a peak of 1.96 million in May. Continue Reading Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
The Federal Reserve Drama: Lisa Cook Praised by NY Fed Chief, Slammed by Trump Officials
No Republican senator is publicly backing Trump’s efforts to oust Cook. Continue Reading The Federal Reserve Drama: Lisa Cook Praised by NY Fed Chief, Slammed by Trump Officials
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