Real Estate News & Insights
Benjamin Piening Named President of Novacore’s Real Estate Segment
Piening joins Novacore from Honeycomb Insurance, where he served as chief underwriting officer. Continue Reading Benjamin Piening Named President of Novacore’s Real Estate Segment
Six Flags Sells 7 Amusement Parks for $331 Million
Six Flags said it plans to operate its remaining collection of 34 parks across 23 locations in North America for the 2026 season. Continue Reading Six Flags Sells 7 Amusement Parks for $331 Million
Connecticut Cities Increase Fines Against Landlords with Blighted Properties
New Haven and Waterbury are fighting blight in their neighborhoods. Continue Reading Connecticut Cities Increase Fines Against Landlords with Blighted Properties
Essay Contest Offers Unique Grand Prize: A Luxury Home in Virginia
Submissions are due by Sept. 29 and must be accompanied by a $200 entry fee. Continue Reading Essay Contest Offers Unique Grand Prize: A Luxury Home in Virginia
Canadian Home Sales and Prices Up During July
The non-seasonally adjusted national average home price was $672,784 in July Continue Reading Canadian Home Sales and Prices Up During July
Opendoor Technologies Seeks New Leader After CEO Steps Down
Shrisha Radhakrishna, Opendoor’s chief technology and product officer, was named president and interim CEO. Continue Reading Opendoor Technologies Seeks New Leader After CEO Steps Down
Rocket Companies Taps Viral Nation for Social Media Marketing
The new contract follows the success of Rocket’s “Own the Dream” campaign that debuted earlier this year as an advertisement seen during the Super Bowl. Continue Reading Rocket Companies Taps Viral Nation for Social Media Marketing
Kanye West’s Unfinished Malibu Beach House Back on the Market at Reduced Price
West purchased the property in 2021 for $57 million but left unfinished after a highly publicized but ill-fated renovation project. Continue Reading Kanye West’s Unfinished Malibu Beach House Back on the Market at Reduced Price
Mortgage Rates at 10-Month Low
“Purchase application activity is improving as borrowers take advantage of the decline in mortgage rates,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates at 10-Month Low
Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
“I didn’t tell the Fed what to do,” Bessent said. Continue Reading Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Most of the international buyers of Texas houses came from Mexico (30%), followed by Canada and China (each at 8%), India (7%), and Nigeria (6%). T Continue Reading Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Q2 Mortgage Delinquency Rate Down Slightly
The delinquency rate was down 11 basis points from the first quarter and down 4 basis points from the second quarter of 2024. Continue Reading Q2 Mortgage Delinquency Rate Down Slightly
