Real Estate News & Insights
Builder Confidence Remains Weak Amid Affordability Concerns
The latest HMI survey also revealed that 35% of builders cut prices in June, up from 32% in May. Continue Reading Builder Confidence Remains Weak Amid Affordability Concerns
Boston Suburb Sues Massachusetts to Block 180-Unit Housing Development
The town of Wellesley, with a population of roughly 30,000, is arguing the 5-acre parking lot at MassBay Community College does not qualify for conversion into housing. Continue Reading Boston Suburb Sues Massachusetts to Block 180-Unit Housing Development
Case-Shiller: Home Price Acceleration is Slowing
New York City again reported the highest annual gain among the 20 cities with an 8% increase in March. Continue Reading Case-Shiller: Home Price Acceleration is Slowing
Iowa’s Gov. Reynolds to Focus on Property Tax Reform Over Income Tax Elimination
“That is what we hear about all the time,” Reynolds said. Continue Reading Iowa’s Gov. Reynolds to Focus on Property Tax Reform Over Income Tax Elimination
Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Construction is expected to start in the third quarter of this year, with the first phase anticipated to be completed in 2027. Continue Reading Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Report: Anywhere Real Estate Makes Bid to Acquire Douglas Elliman
Neither company has publicly commented on the report. Continue Reading Report: Anywhere Real Estate Makes Bid to Acquire Douglas Elliman
British Columbia Realtor Fined for Loan to Clients to Buy Property He Was Selling
Pardeep Singh Sandhu loaned $55,000 to prospective buyers to help them secure a mortgage for a residence in Abbotsford. Continue Reading British Columbia Realtor Fined for Loan to Clients to Buy Property He Was Selling
Hits and Misses for the Real Estate Week of May 19-23
An unholy misuse of eminent domain, a ritzy Los Angeles mansion with a significant stigma, and a Maine broker running for governor. Continue Reading Hits and Misses for the Real Estate Week of May 19-23
New Home Sales Surged in April
The median sales price of new houses sold in April was $407,200. Continue Reading New Home Sales Surged in April
RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
The RE/MAX network has a presence in over 110 countries and territories. Continue Reading RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
Housing Inventory Up 30.6%, a New Post-Pandemic High
A greater choice of homes for sale did not translate into a surge in homebuying. Continue Reading Housing Inventory Up 30.6%, a New Post-Pandemic High
Illinois Home Sales Decline While Housing Inventory Grows
For the nine-county Chicago metro area, a total of 7,857 homes were sold last month, down 4.2% from April 2024. Continue Reading Illinois Home Sales Decline While Housing Inventory Grows
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