Real Estate News & Insights
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
Brookfield Business Corp. Sells Multiplex Construction Business to Japanese Firm
Multiplex has operations across Australia, Canada, and the UK. Continue Reading Brookfield Business Corp. Sells Multiplex Construction Business to Japanese Firm
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
Pennsylvania Governor Declines to Rule Out Using Public Funds for New NFL Stadiums
“I’m very worried about the overall budget,” Shapiro said. Continue Reading Pennsylvania Governor Declines to Rule Out Using Public Funds for New NFL Stadiums
Arrest Made in Hit-and-Run Death of ‘Million Dollar Beach House’ Agent Sara Burack
Amanda Kempton faces seven years in prison on a felony charge of leaving the scene of a motor vehicle accident in which there is a fatality. Continue Reading Arrest Made in Hit-and-Run Death of ‘Million Dollar Beach House’ Agent Sara Burack
Kroger to Close 60 Stores Over the Next 18 Months
Kroger operates 2,730 stores in 35 states and the District of Columbia under multiple brands. Continue Reading Kroger to Close 60 Stores Over the Next 18 Months
Joseph Canizaro, Prominent New Orleans Developer, Dies at 88
Former New Orleans Mayor Marc Morial praised Canizaro as “one of the most influential and impactful New Orleanians of the past 50 years.” Continue Reading Joseph Canizaro, Prominent New Orleans Developer, Dies at 88
FHFA’s Pulte Continues Attacks on Powell, Joined by Commerce Secretary Lutnick
“The United States of America is the greatest country in the world yet it has to suffer with the highest interest rates of any first class country,” Lutnick wrote. Continue Reading FHFA’s Pulte Continues Attacks on Powell, Joined by Commerce Secretary Lutnick
Hits and Misses for the Real Estate Week of June 16-20
Another sports team eyeing public funds for a new stadium, property tax relief comes to Texas, and a social media influencer who gave very bad advice. Continue Reading Hits and Misses for the Real Estate Week of June 16-20
Pennsylvania’s Rising Home Sales Benefit from Increased Listings
The median sales price also climbed to $305,000 in May, up by 3% from the prior month and up 6% from one year earlier. Continue Reading Pennsylvania’s Rising Home Sales Benefit from Increased Listings
Fed Governor Waller: ‘We’re in the Position’ to Cut Rates
“That would be my view, whether the committee would go along with it or not,” he added. Continue Reading Fed Governor Waller: ‘We’re in the Position’ to Cut Rates
Bayview Asset Management Acquires Guild Holdings for $1.3 Billion
Guild will operate as a privately held independent entity in close partnership with Lakeview Loan Servicing LLC, a Bayview affiliate. Continue Reading Bayview Asset Management Acquires Guild Holdings for $1.3 Billion
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