Real Estate News & Insights
Pacaso Debuts Invitation-Only Luxury Home Exchange Program
Pacaso is charging a $100,000 one-time initiation fee that offers 10 years of access to swap stays within the Infinity portfolio. Continue Reading Pacaso Debuts Invitation-Only Luxury Home Exchange Program
Home Values Decline for Sixth Consecutive Month
The monthly mortgage payment on a typical home is now $1,733, which 8.4% less expensive than one year ago. Continue Reading Home Values Decline for Sixth Consecutive Month
Chicago Mixed-Use Building Bought in 2016 for $140 Million Sells for $47 Million
North American Real Estate acquired the 85,000-square-foot retail and office building from Brookfield Properties. Continue Reading Chicago Mixed-Use Building Bought in 2016 for $140 Million Sells for $47 Million
Report: Housing Affordability Proves Elusive for Many Teachers
California has three of the five metros where it’s hardest for teachers to buy a home. Continue Reading Report: Housing Affordability Proves Elusive for Many Teachers
Dalfen Industrial Sells Warehouse to the State of Florida
The 423,000-square-foot warehouse has direct access to a full diamond interchange with I-4 and Hwy 559. Continue Reading Dalfen Industrial Sells Warehouse to the State of Florida
Mortgage Application Activity Up Nearly 17%
The Refinance Index increased by a vibrant 35% from the previous week. Continue Reading Mortgage Application Activity Up Nearly 17%
Cohen Realty Enterprises Foreclosure Auction to Include 2 Cinema Chains
Fortress Credit Corp. sued Cohen earlier this year for defaulting on a large loan backed by its properties. Continue Reading Cohen Realty Enterprises Foreclosure Auction to Include 2 Cinema Chains
CFPB Issues Warning on Contract-for-Deed Transactions
Contract-in-deed transactions are covered by the federal Truth in Lending Act. Continue Reading CFPB Issues Warning on Contract-for-Deed Transactions
Blink Fitness, with 101 Gyms in 7 States, Files for Bankruptcy
The company is owned by the luxury fitness group Equinox Holdings. Continue Reading Blink Fitness, with 101 Gyms in 7 States, Files for Bankruptcy
California Housing Affordability Sinks to 17-Year Low
On a year-over-year basis, statewide home prices jumped 9% from the second quarter of 2023. Continue Reading California Housing Affordability Sinks to 17-Year Low
Rents Decline in All Bedroom Counts for First Time in 4 Years
The overall rental vacancy rate has remained at 6.6% for four consecutive quarters. Continue Reading Rents Decline in All Bedroom Counts for First Time in 4 Years
HUD Launches New Initiatives to Expand Affordable Housing
HUD launched a $250 million “Legacy Challenge” for transformative housing investments through the Section 108 Loan Guarantee. Continue Reading HUD Launches New Initiatives to Expand Affordable Housing
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