Real Estate News & Insights
June 26 Bidding Deadline Announced for Historic Chicago-Area Racetrack
The 108-acre property includes 1.12 million square feet of buildings and a grandstand and clubhouse encompassing nearly 365,000 square feet. Continue Reading June 26 Bidding Deadline Announced for Historic Chicago-Area Racetrack
Toronto Home Sales Surge Amid Steep Drop in New Listings
The $1.06 million average selling price was down by 4.6% from one year earlier. Continue Reading Toronto Home Sales Surge Amid Steep Drop in New Listings
Zombie Foreclosure Rate Increased During Q2
Approximately 1.4 million homes, or 1.3% of US residential properties, were vacant in the second quarter of the year. According to new data from ATTOM, that percentage was unchanged from both the first quarter and from the second quarter of 2025. Out of the national...
New Report Tracks Slowing in Home Sale Agreement Cancelations
April’s cancelation rate tied with January for the lowest level of contract cancellations since September 2024. Continue Reading New Report Tracks Slowing in Home Sale Agreement Cancelations
Housing Starts Dropped During April
The decline in housing starts highlights growing pressure from tighter financial conditions and rising construction costs,” said NAHB’s Danushka Nanayakkara-Skillington. Continue Reading Housing Starts Dropped During April
Southern Land Company Launches In-House Mortgage Division
SLC Lending will initially launch in core markets where the parent company has established master-planned and single-family home communities. Continue Reading Southern Land Company Launches In-House Mortgage Division
KB Home Expands into Atlanta Market
Bill Schmidt, who joined the company in 2025 as division president, will lead KB Home’s operations throughout the region. Continue Reading KB Home Expands into Atlanta Market
AvalonBay Communities and Equity Residential Announce Merger
Benjamin Schall, president and chief executive officer of AvalonBay, will hold the same titles with the combined company. Continue Reading AvalonBay Communities and Equity Residential Announce Merger
New York State’s Housing Inventory Expands, But Sales Remain Down
Median sales prices enjoyed a 2.4% uptick from $420,000 in April 2025 to $430,000 last month. Continue Reading New York State’s Housing Inventory Expands, But Sales Remain Down
MRED Revokes Zillow’s Access to its Listing Data Feeds
MRED accused Zillow of “attempting to impose” its own display rules on listings marketed under MRED policies. Continue Reading MRED Revokes Zillow’s Access to its Listing Data Feeds
House Passes Revised Version of Senate’s Housing Bill
President Trump has signaled he had no problems with the changes made in the House to the bill. Continue Reading House Passes Revised Version of Senate’s Housing Bill
Shelter Lending Corp. Acquires Accepted Financial Corp.
The financial terms of the deal were not disclosed. Continue Reading Shelter Lending Corp. Acquires Accepted Financial Corp.
