Real Estate News & Insights
Single-Family Housing Starts Dropped 1.9% in May
“The decline in housing starts aligns with NAHB’s latest builder survey, which showed builder sentiment weakening further in June,” said Bill Owens, chairman of the National Association of Home Builders. Continue Reading Single-Family Housing Starts Dropped 1.9% in May
HUD Proposes Updating the Definition of Manufactured Home for Multistory Construction
The comment period on the proposed rule ends on Aug. 11. Continue Reading HUD Proposes Updating the Definition of Manufactured Home for Multistory Construction
Macy’s to Close 14 Stores Across 12 States
The retailer will shutter the stores following clearance sales that are set to begin in mid-January and run for approximately 10 weeks. Continue Reading Macy’s to Close 14 Stores Across 12 States
Furniture Retailer Closing All 89 Stores
The Columbus, Ohio-based American Signature filed for Chapter 11 bankruptcy in November after nearly 80 years in business. Continue Reading Furniture Retailer Closing All 89 Stores
Report: FHFA’s Pulte Instigated Subpoena and Indictment Threat Against Powell
Pulte has made no public comment on Powell’s announcement. Continue Reading Report: FHFA’s Pulte Instigated Subpoena and Indictment Threat Against Powell
Powell Announces He is Target of DOJ Criminal Probe
Federal Reserve Chairman Jerome Powell announced the Department of Justice (DOJ) has served the central bank with grand jury subpoenas related to his testimony last June before the Senate Banking Committee related to the renovation of the Fed’s headquarters. In an...
Hits and Misses for the Real Estate Week of Jan. 5-9
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. Continue Reading Hits and Misses for the Real Estate Week of Jan. 5-9
Housing Starts Up in October
Single-family housing completions in October were at a rate of 1 million, a 6% increase from the revised September rate of 952,000. Continue Reading Housing Starts Up in October
Buffalo Bills to Sell Items from Highmark Stadium, Including Goal Posts and Trough Urinals
The Bills played at Highmark Stadium since 1973, with their last regular season game being held on Jan. 4. Continue Reading Buffalo Bills to Sell Items from Highmark Stadium, Including Goal Posts and Trough Urinals
Massachusetts Golf Course Sold for $24.8 Million to Solar Energy Developer
The golf course hosted US Open Qualifying events in 1998 and 2001. Continue Reading Massachusetts Golf Course Sold for $24.8 Million to Solar Energy Developer
Chattanooga Pastor/Real Estate Investment Coach Sentenced in Covid Loan Fraud
Ricky Lee Taylor Jr. is a former University of Tennessee at Chattanooga basketball player. Continue Reading Chattanooga Pastor/Real Estate Investment Coach Sentenced in Covid Loan Fraud
South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
“It’s important that the relief is fiscally responsible,” said Dusty Johnson. Continue Reading South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
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