Real Estate News & Insights
Existing Home Sales Down 2.4% in June
Regionally, only the Northeast recorded a month-over-month sales increase while the Midwest, South and West experienced declining activity. Continue Reading Existing Home Sales Down 2.4% in June
Wayne Manor from TV Classic ‘Batman’ Listed for $32 Million
Built in 1928, the 18,655-square-foot Jacobean Tudor Revival mansion features seven bedrooms and 11 bathrooms, along with a private theater. Continue Reading Wayne Manor from TV Classic ‘Batman’ Listed for $32 Million
NAR Backs Proposed Update to Federal Rule Defining Independent Contractors
“The Internal Revenue Code recognizes the treatment of qualified real estate agents as non-employees,” said NAR 2026 President Kevin Brown. Continue Reading NAR Backs Proposed Update to Federal Rule Defining Independent Contractors
Two Harbors and CrossCountry Mortgage Amend Merger Deal to Match UWM’s $12-Per-Share Offer
“The CCM transaction delivers a fixed price all-cash consideration to every TWO stockholder,” said Two Harbors President and CEO Bill Greenberg. Continue Reading Two Harbors and CrossCountry Mortgage Amend Merger Deal to Match UWM’s $12-Per-Share Offer
Mark Kenney to Step Down as CAPREIT’s Chief Executive
Kenney served in the leadership roles since November 2018. Continue Reading Mark Kenney to Step Down as CAPREIT’s Chief Executive
VendorAbuse.com Debuts Florida HOA Watchlist
The watchlist is publicly accessible and includes a comprehensive guide to homeowner rights under HB 1203. Continue Reading VendorAbuse.com Debuts Florida HOA Watchlist
HUD Revises Environmental Review Requirements for Multifamily Developments
“This is about fixing policies that have made housing expensive and difficult to build,” said HUD Secretary Scott Turner. Continue Reading HUD Revises Environmental Review Requirements for Multifamily Developments
Student Housing Development Proposed for Downtown Toronto
The proposed King & George development site is directly across from the George Brown College St. James Campus and within a half-hour of three other university campuses. Continue Reading Student Housing Development Proposed for Downtown Toronto
eXp Acquires NextHome, Shifting to a Multi-Model Platform
eXp World Holdings announced it will begin trading on the Nasdaq Global Market under the new ticker symbol “AGNT,” effective on May 8. Continue Reading eXp Acquires NextHome, Shifting to a Multi-Model Platform
California Housing Affordability at Highest Level in 4 Years
A minimum annual income of $204,800 was required to make the monthly payment of $5,120 on a 30-year fixed-rate mortgage at 6.24% in California. Continue Reading California Housing Affordability at Highest Level in 4 Years
New Forecast Predicts Multifamily Vacancy Rate to Increase by Year’s End
“The near-term rent growth outlook was maintained after modest first-quarter rent trends fell in line with expectations,” said Grant Montgomery, national director of multifamily analytics at CoStar Group. Continue Reading New Forecast Predicts Multifamily Vacancy Rate to Increase by Year’s End
Mortgage Rates Up for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.37% as of May 7, up from last week when it averaged 6.30%. Continue Reading Mortgage Rates Up for Second Straight Week
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- Illinois Home Sales Up in June While Chicago Home Sales Decline
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