Real Estate News & Insights
Macy’s to Close 14 Stores Across 12 States
The retailer will shutter the stores following clearance sales that are set to begin in mid-January and run for approximately 10 weeks. Continue Reading Macy’s to Close 14 Stores Across 12 States
Furniture Retailer Closing All 89 Stores
The Columbus, Ohio-based American Signature filed for Chapter 11 bankruptcy in November after nearly 80 years in business. Continue Reading Furniture Retailer Closing All 89 Stores
Alabama Home Sales Down After Six Straight Months of Increases
The state recorded 5,974 home sales in last month, a 2.6% decrease from July and a scant 0.66% uptick from August 2023. Continue Reading Alabama Home Sales Down After Six Straight Months of Increases
Tempur Sealy to Sell 176 Stores to Win FTC Approval for Mattress Firm Acquisition
f the acquisition goes through, Tempur Sealy expects to operate over 2,800 retail locations worldwide. Continue Reading Tempur Sealy to Sell 176 Stores to Win FTC Approval for Mattress Firm Acquisition
New Jersey Town Seeks to Buy College Campus in Property Ownership Dispute
The town appropriated $50 million for the purchase. Continue Reading New Jersey Town Seeks to Buy College Campus in Property Ownership Dispute
American Real Estate Association Starts Petition to End NAR’s Clear Cooperation Policy
AREA seeks to promote the petition on social media with the hashtag #EndCC. Continue Reading American Real Estate Association Starts Petition to End NAR’s Clear Cooperation Policy
British Columbia Real Estate Association Calls for Review of Short-Term Rental Ban
The British Columbia government enacted a widespread ban on short-term rentals on May 1. Continue Reading British Columbia Real Estate Association Calls for Review of Short-Term Rental Ban
Pennsylvania’s Housing Market Holds Steady
The state recorded 11,514 home sales in August, a 1% year-over-year decline. Continue Reading Pennsylvania’s Housing Market Holds Steady
Elon Musk’s SpaceX Sued for Trespassing on Neighboring Texas Property
The lawsuit added that Musk offered to buy the property with “a lowball offer for less than half our land’s value.” Continue Reading Elon Musk’s SpaceX Sued for Trespassing on Neighboring Texas Property
Congress Considers Bill Adding Scrutiny to Foreign Adversary Purchases of US Farmland
The bill passed the House of Representatives and is before the Senate. Continue Reading Congress Considers Bill Adding Scrutiny to Foreign Adversary Purchases of US Farmland
Blackstone Sells Motel 6 Lodging Chain to Indian Company for $525 Million
Motel 6 began operations in 1962 as the nation’s first no-frills economy motel chain. Continue Reading Blackstone Sells Motel 6 Lodging Chain to Indian Company for $525 Million
Hits and Misses for the Real Estate Week of Sept. 16-20
A new plan to expand federal involvement in housing, a deed thief gets arrested, and Home Depot pays for overcharging customers are among the Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Sept. 16-20
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