Real Estate News & Insights
Mortgage Rates Take a Mild Drop
The 30-year fixed-rate mortgage averaged 6.09% as of Feb. 12, down from last week when it averaged 6.11%. Continue Reading Mortgage Rates Take a Mild Drop
Chicago Title Insurance Defrauded of $4.1 Million by Nigerian Trickster
The defendant, Earnspark Global Concerns, is described in court papers as a Nigerian business entity. Continue Reading Chicago Title Insurance Defrauded of $4.1 Million by Nigerian Trickster
David Krantz Named Head of Capital Markets at RockFarmer Properties
He was previously managing director and head of real estate at Mirae Asset Securities. Continue Reading David Krantz Named Head of Capital Markets at RockFarmer Properties
Three Mile Island to be Revived for Powering Microsoft Data Centers
Three Mile Island’s undamaged 835-megawatt Unit 1 reactor has closed in 2019 due to the costs of maintaining the facility. Continue Reading Three Mile Island to be Revived for Powering Microsoft Data Centers
Philadelphia Agrees to $1.55 Billion Arena for the 76ers
The team has sought to relocate to a new arena by 2031 when its’ lease at the Wells Fargo Center expires. Continue Reading Philadelphia Agrees to $1.55 Billion Arena for the 76ers
Maine Home Sales Amid Higher Prices and Lower Inventory
The state recorded 1,535 home sales last month, up 1.66% from the 1,150 sales in August 2023. Continue Reading Maine Home Sales Amid Higher Prices and Lower Inventory
NAR Publishes Consumer Resource Series on Post-Settlement Practices
NAR President Kevin Sears said the series “provides an exceptionally clear roadmap for the process of working with an agent who is a realtor.” Continue Reading NAR Publishes Consumer Resource Series on Post-Settlement Practices
Baja California’s Paradero Homes Launches US Sales with Compass
Pricing on the residences will start at $2.5 million. Continue Reading Baja California’s Paradero Homes Launches US Sales with Compass
Abatement and Demolition Begin on Phoenix’s Metrocenter Mall
Metrocenter was an enclosed shopping mall constructed in 1972 on a 312-acre property. Continue Reading Abatement and Demolition Begin on Phoenix’s Metrocenter Mall
British Columbia Real Estate Lawyer Disbarred for Third Time
Hong Guo ran for mayor of Richmond in 2018. Continue Reading British Columbia Real Estate Lawyer Disbarred for Third Time
Florida Home Sales and Prices in Decline
New listings of single-family homes in August were up by 2.3% compared to a year ago. Continue Reading Florida Home Sales and Prices in Decline
Homes Sales Up While Inventory Shrinks in New York State
The median sales price of homes in New York rose from $410,000 in August 2023 to $444,713 last month. Continue Reading Homes Sales Up While Inventory Shrinks in New York State
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