Real Estate News & Insights
Citi Foundation Creates $20 Million RFP Initiative for Nonprofit Housing Developers
“Community-based nonprofit developers play an important role in moving affordable housing projects from ideation to completion,” said Citi Foundation’s Brandee McHale. Continue Reading Citi Foundation Creates $20 Million RFP Initiative for Nonprofit Housing Developers
Report: NY Attorney General Investigating Compass Over Potential Antitrust Issues
Shares of Compass dropped by 12.69% shortly after news of the probe was first reported. Continue Reading Report: NY Attorney General Investigating Compass Over Potential Antitrust Issues
New and Pending Home Sales Rising in Indiana
Indiana reports 7,106 closed home sales last month, a 3% increase from one year before, along with 8,591 new pending sales, an 8% surge from April 2025. According to data from the Indiana Association of Realtors (IAR), there were approximately 10,800 homes listed for...
Apartment Rents Record Slight Uptick in May
Apartment rents recorded an extremely mild 0.2% uptick in May, with the national average rising to $1,737 from April’s upwardly revised level of $1,733. According to data from Apartments.com, a CoStar Group (NASDAQ: CSGP) marketplace, May marked the sixth consecutive...
Investors Less Active in the Q1 Housing Market
Real estate investors purchased 19% of homes that sold in the first quarter, down slightly from 20% one year earlier. Continue Reading Investors Less Active in the Q1 Housing Market
Mortgage Rates Tick Up Again
The 30-year fixed-rate mortgage averaged 6.53% as of May 28, up from last week when it averaged 6.51%, which marked a nine-month high. Continue Reading Mortgage Rates Tick Up Again
Sales of New Single-Family Homes Declined While the Median Sale Price Increased
The median sales price of new houses sold in April was $422,500, up 8.0% from the March price of $391,100. Continue Reading Sales of New Single-Family Homes Declined While the Median Sale Price Increased
Q1 Purchase Loan Origination at 12-Year Low
Refinancing activity fell 7% quarter-over-quarter to 715,818 loans, although volumes were also 24% above the first quarter of 2025. Continue Reading Q1 Purchase Loan Origination at 12-Year Low
Gov. DeSantis Offers Property Tax Relief Proposal Ahead of Special Legislative Session
Under the governor’s plan, the first $250,000 of a homestead’s value is exempt from taxation and will be subject to a schedule for full elimination. Continue Reading Gov. DeSantis Offers Property Tax Relief Proposal Ahead of Special Legislative Session
New York State Passes Pied-à-Terre Tax Aimed at NYC’s Luxury Second Homes
Gov. Hochul claimed the new tax could generate as much as $500 million per year for the cash-strapped city, which is operating on a $5.4 billion deficit. Continue Reading New York State Passes Pied-à-Terre Tax Aimed at NYC’s Luxury Second Homes
National Fair Housing Alliance Sues CFPB Over Changes to Equal Credit Opportunity Act Enforcement
The complaint also challenges Russel Vought’s lawful authority to serve as CFPB acting director. Continue Reading National Fair Housing Alliance Sues CFPB Over Changes to Equal Credit Opportunity Act Enforcement
Fertitta Entertainment Acquires Caesars Entertainment for $17.6 Billion
Under the terms of the agreement, Caesars’ shareholders will receive $31.00 in cash for each outstanding Caesars’ share. Continue Reading Fertitta Entertainment Acquires Caesars Entertainment for $17.6 Billion
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