Real Estate News & Insights
New Report Finds Minimal Results for Rhode Island’s $120 Million Housing Bond
RIPEC estimated the housing bond will create only 642 new housing units, slightly more than one-quarter (28.5%) of Executive Office of Housing’s 2030 housing goal. Continue Reading New Report Finds Minimal Results for Rhode Island’s $120 Million Housing Bond
Illinois Legislature Adjourns Without an Agreement on Funding a New Bears Stadium
House Speaker Emmanuel “Chris” Welch stated, “We’ll continue discussions on a number of issues, including our approach to the Bears stadium question, this summer.” Continue Reading Illinois Legislature Adjourns Without an Agreement on Funding a New Bears Stadium
The Most Expensive Home Sale in February Is…
Coastal Florida boasted seven of February’s 10 highest-priced home sales. Continue Reading The Most Expensive Home Sale in February Is…
Mortgage Applications for New Home Purchases Down in February
By product type, conventional loans composed 56.7% of loan applications while FHA loans accounted for 32.1%. Continue Reading Mortgage Applications for New Home Purchases Down in February
Canada to Spend $365 Million for Building 767 Rental Homes in Toronto
Of the 767 new rental homes, 384 will be affordable and at least 20% of the units will meet accessibility standards. Continue Reading Canada to Spend $365 Million for Building 767 Rental Homes in Toronto
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.65% as of March 13, up slightly from last week when it averaged 6.63%. Continue Reading Mortgage Rates Remain Flat
Mid-Atlantic Home Sales Slumped in February
Philadelphia recorded 4,631 new pending sales, the lowest February total in more than a decade. Continue Reading Mid-Atlantic Home Sales Slumped in February
The Market with the Highest Potential SFR Returns Is…
The report analyzed single-family rental returns in 361 counties with sufficient rental and home-price data. Continue Reading The Market with the Highest Potential SFR Returns Is…
New Hampshire Home Sales Up Despite Decline in New Listings
For New Hampshire’s condo/townhome sector, there were 220 closed sales, down 4.3% from one year ago Continue Reading New Hampshire Home Sales Up Despite Decline in New Listings
Nobu Hospitality Expands into the Netherlands
The new destinations were developed in partnership with Dutch real estate firm Breevast. Continue Reading Nobu Hospitality Expands into the Netherlands
Gladstone Investment Sells Nocturne Luxury Villas
McLean, Virginia-based Gladstone Investment Corporation (NASDAQ:GAIN) has sold its portfolio company Nocturne Luxury Villas Inc. to an affiliate of Calera Capital. According to Gladstone Investment, the company “received full repayment of its debt investment and...
Zillow: Climate Risks Threaten Trillions of Dollars in Real Estate
The New York City metro area has the highest total value of homes at major risk of flood and extreme wind Continue Reading Zillow: Climate Risks Threaten Trillions of Dollars in Real Estate
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