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New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
West purchased the property in 2021 for $57 million but left it unfinished after a highly publicized but ill-fated renovation project. Continue Reading New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
More Than Two-Thirds of EU Households are Homeowners
Germany was the only EU country where tenants (53% of the population) were in greater numbers than homeowners. Continue Reading More Than Two-Thirds of EU Households are Homeowners
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Share of First-Time Homebuyers at Record Low
NAR determined the median time in the home before selling was 11 years, an all-time high. Continue Reading Share of First-Time Homebuyers at Record Low
HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Turner added the American people were “depending on us.” Continue Reading HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
This is the first purchase for Advanced’s new Opportunity Fund (Advanced Fund 24-3). Continue Reading Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
Wisconsin Records Double-Digit Drop in Existing Home Sales
The median price in March was $310,000, up 3.7% from the $299,000 recorded on year earlier. Continue Reading Wisconsin Records Double-Digit Drop in Existing Home Sales
Offsite Homebuilding Platform Villa Raises $20 in New Funding
The latest round was led by Unless with participation from existing investors Atomic and Tectonic Ventures, and other undisclosed strategic investors. Continue Reading Offsite Homebuilding Platform Villa Raises $20 in New Funding
Don Kottick Named President of RE/MAX Canada
Kottick is the former president & CEO of Sotheby’s International Realty Canada. Continue Reading Don Kottick Named President of RE/MAX Canada
Anyone.com, a New Platform for Residential Real Estate Sales, is Launched
The platform offers a database of over 31 million properties for sale worldwide. Continue Reading Anyone.com, a New Platform for Residential Real Estate Sales, is Launched
Report: Typical Home Seller Wants 9% More Than the Typical Buyer Is Willing to Pay
While the median list price rose 6.2% year-over-year in March. the median sale price only rose by 2.5% Continue Reading Report: Typical Home Seller Wants 9% More Than the Typical Buyer Is Willing to Pay
Q1 US Homeownership Rate Down Slightly
The first quarter homeownership rate was highest in the Midwest (69.3%), followed by the South (67.1%), then the Northeast (61.0%) and the West (60.6%). Continue Reading Q1 US Homeownership Rate Down Slightly
Manufactured Housing Market Forecast to Reach $390 Billion by 2034
The forecast noted that Texas, Florida, and California are among the leading states for manufactured home shipments and community development. Continue Reading Manufactured Housing Market Forecast to Reach $390 Billion by 2034
New Data Reports Find Home Prices Rising at Slower Pace
The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 3.9% annual return for February. Continue Reading New Data Reports Find Home Prices Rising at Slower Pace
Phoenix Man Fined by State for Real Estate Investment Fraud
Gary Martin spent investor funds on personal expenses, including the payment of his mother’s rent. Continue Reading Phoenix Man Fined by State for Real Estate Investment Fraud
NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump
State Sen. Brad Hoylman-Sigal said, “We must hold our government officials to the highest standard.” Continue Reading NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump
