Real Estate News & Insights
New Home Sales Down 7.3% in May
The average sales price of new houses sold in May was $540,600. Continue Reading New Home Sales Down 7.3% in May
Chicago Sues Airbnb Over Illegal Short-Term Rentals
“Requiring short-term rental companies to follow the same rules as everyone else is critical to our work of building a safer, more affordable Chicago,” said Mayor Brandon Johnson. Continue Reading Chicago Sues Airbnb Over Illegal Short-Term Rentals
California Real Estate Investor Arrested for $100 Million Bank Fraud
If convicted, Mahender Makhijani would face a statutory maximum sentence of 30 years in federal prison. Continue Reading California Real Estate Investor Arrested for $100 Million Bank Fraud
Kansas City Mayor Proposes Public Funding to Expand Two-Year-Old Soccer Stadium
The stadium is home to the Kansas City Current of the National Women’s Soccer League. Continue Reading Kansas City Mayor Proposes Public Funding to Expand Two-Year-Old Soccer Stadium
Core AI Holdings Debuts HomeGPT, a Home Design and Renovation Tool
The HomeGPT app is now available for download through the Apple iTunes and Google Play stores. Continue Reading Core AI Holdings Debuts HomeGPT, a Home Design and Renovation Tool
Mortgage Rates Are Back on the Rise
The 30-year fixed-rate mortgage averaged 6.52% as of June 11. Continue Reading Mortgage Rates Are Back on the Rise
Ginnie Mae Issued $54.9 Billion in Mortgage-Backed Securities During May
May’s issuance brings the agency’s MBS portfolio outstanding to $2.95 trillion. Continue Reading Ginnie Mae Issued $54.9 Billion in Mortgage-Backed Securities During May
Jessica Edgerton Named CEO of CMLS
Edgerton succeeds Denee Evans, who stepped down on May 31 after leading CMLS for over a decade. Continue Reading Jessica Edgerton Named CEO of CMLS
Foreclosure Filings Down Month-Over-Month But Continue Rising Year-Over-Year
“While foreclosure activity eased from April levels, the broader trend remains one of gradual year-over-year growth,” said Rob Barber, CEO at ATTOM. Continue Reading Foreclosure Filings Down Month-Over-Month But Continue Rising Year-Over-Year
Report: Law Firms Drove Q1 Office Leasing Activity
The report noted law firms leased 31% more office space over the past four quarters than they did in pre-pandemic 2019. Continue Reading Report: Law Firms Drove Q1 Office Leasing Activity
Douglas Elliman Opens Office in Paris
“Paris has always been the natural next step for our partnership with Douglas Elliman,” said Philippe Curutchet, co-founder and co-chairman of Douglas Elliman France. Continue Reading Douglas Elliman Opens Office in Paris
Canadian Real Estate Investment Firm Equiton Expands to US with Dallas Office
The office will serve as the headquarters for Equiton’s US real estate investment operations. Continue Reading Canadian Real Estate Investment Firm Equiton Expands to US with Dallas Office
Recent Posts
Hits and Misses for the Real Estate Week of June 22-26- HUD and VA Announce $33 Million Funding to Support Over 2,500 Homeless Vete…
- National Competition to Restore Long-Vacant Official Residence of Canada…
- NAR: Two-Thirds of All Realtors are Women
- Fugitive Apartment Executive Returned from Israel to Face Fraud Charges in …
