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
Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Blackstone has been selling off the properties in a series of one-off transactions. Continue Reading Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Apartment Rents Record Greatest October Decline in Over 15 Years
On an annual measurement, rent growth slowed to 0.8%. Continue Reading Apartment Rents Record Greatest October Decline in Over 15 Years
Scott Neil to Become CEO at Realtor.ca Canada
Neil was previously CEO at the online marketplace Kijiji Canada. Continue Reading Scott Neil to Become CEO at Realtor.ca Canada
$21.5 Million Sale of Charleston Mansion Breaks City Record
The property at 51 East Bay Street encompasses four structures totaling over 15,700 square feet. Continue Reading $21.5 Million Sale of Charleston Mansion Breaks City Record
Whitestone REIT Acquires 90,000 SF Dallas-Area Shopping Plaza
In addition to World Cup Plaza, Whitestone also owns four other shopping centers nearby. Continue Reading Whitestone REIT Acquires 90,000 SF Dallas-Area Shopping Plaza
Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project
“We have to be very careful about how anything is perceived,” Dimon said. Continue Reading Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project
Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Berkshire Hathaway added that Buffett “has rarely commented publicly since Berkshire’s shareholder’s meeting last May.” Continue Reading Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
Multifamily Developer Confidence Rises in Q3
But confidence levels are still in negative territory. Continue Reading Multifamily Developer Confidence Rises in Q3
Mortgage Rates Inch Up Again
The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6. Continue Reading Mortgage Rates Inch Up Again
