Real Estate News & Insights
President Trump’s Former Connecticut Mansion to be Demolished and Replaced
The 19,773-square-foot waterfront residence in the affluent New York City suburb of Greenwich was built in 1939. Continue Reading President Trump’s Former Connecticut Mansion to be Demolished and Replaced
New Home Purchase Activity Slowed in May
The average loan size for new homes decreased from $378,384 in April to $372,825 in May. Continue Reading New Home Purchase Activity Slowed in May
Case-Shiller Index Records 2.7% Annual Gain in April
Separately, the Federal Housing Finance Agency reported house prices were down 0.4% in April from March. Continue Reading Case-Shiller Index Records 2.7% Annual Gain in April
Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million
The acquired property is the largest mall in North Carolina’s Research Triangle area. Continue Reading Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million
Barri Rafferty to Lead PR/Government Relations at Anywhere Real Estate
She will report directly to Anywhere President and CEO Ryan Schneider and will serve on the company’s executive committee. Continue Reading Barri Rafferty to Lead PR/Government Relations at Anywhere Real Estate
Trump Tells Congress to Pressure ‘Very Dumb, Hardheaded’ Powell Over Rate Policy
“Europe has had 10 cuts, we have had ZERO,” said Trump on Truth Social. Continue Reading Trump Tells Congress to Pressure ‘Very Dumb, Hardheaded’ Powell Over Rate Policy
Florida Records Declines in Home Sales and Prices
The statewide median sales price for single-family existing homes last month was $415,000, down 2.7% from the previous year. Continue Reading Florida Records Declines in Home Sales and Prices
New York State Home Sales Down 11% Despite Increase in Listings
The median sales price in New York State for May was $436,000, up 3.8% from the $420,000 price set one year earlier. Continue Reading New York State Home Sales Down 11% Despite Increase in Listings
Fed’s Bowman Open to Supporting July Rate Cut
Bowman follows Fed Governor Christopher Waller, who stated last Friday that the central bank was “in the position” to enact a rate cut “as early as July.” Continue Reading Fed’s Bowman Open to Supporting July Rate Cut
Connecticut Governor Vetoes Affordable Housing Bill
“I’m not happy with the local red tape, but I want the towns to take the lead,” said Gov. Ned Lamont. Continue Reading Connecticut Governor Vetoes Affordable Housing Bill
Compass Sues Zillow Over ‘Anticompetitive’ Ban on Private Listings
“No one company should have the power to ban agents or listings simply because they don’t follow that company’s business model,” said Compass CEO Robert Reffkin. Continue Reading Compass Sues Zillow Over ‘Anticompetitive’ Ban on Private Listings
Existing Home Sales Up in May
The median existing home price for May was $422,800, up 1.3% from the $417,200 price set one year earlier. Continue Reading Existing Home Sales Up in May
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