Real Estate News & Insights
Sen. Bernie Sanders Calls for Moratorium on Data Center Construction
Sen. Bernie Sanders (I-VT) has called for a halt to the construction of artificial intelligence (AI) data center, claiming the technology is developing too quickly and is creating environmental problems. “I will be pushing for a moratorium on the construction of data...
Wisconsin Home Sales Down 9.2% Year-Over-Year
Total listings were up 3.7% relative to their November 2024 levels. Continue Reading Wisconsin Home Sales Down 9.2% Year-Over-Year
Patriots Owner Robert Kraft Sells Apartment at NYC’s Plaza Hotel for $22.5 Million
Kraft bought the residence in 2007 for $14.47 million. Continue Reading Patriots Owner Robert Kraft Sells Apartment at NYC’s Plaza Hotel for $22.5 Million
Mortgage Application Activity Up 2.6%
The FHA share of total applications increased to 12.9% from 12.7% the week prior. Continue Reading Mortgage Application Activity Up 2.6%
Travelers to Raise California Homeowner Insurance Rates by 15%
On average, California homeowners pay $1,452 a year for home insurance coverage. Continue Reading Travelers to Raise California Homeowner Insurance Rates by 15%
More Than 90% of Metros Scored Q1 Home Price Gains
30% of the tracked metros experienced double-digit price gains. Continue Reading More Than 90% of Metros Scored Q1 Home Price Gains
Ex-Ginnie Mae Chief Alanna McCargo to Lead FHLBank San Francisco
McCargo became Ginnie Mae’s 18th president and first female leader in December 2021. Continue Reading Ex-Ginnie Mae Chief Alanna McCargo to Lead FHLBank San Francisco
Yvette Davis Named President of REEP Residential
Davis was previously director of strategic operations at Emerge Living. Continue Reading Yvette Davis Named President of REEP Residential
Society of Industrial and Office Realtors Elects 2024-2025 Officers
SIOR’s current president-elect, Mike Ohmes, will assume the role of SIOR Global President this fall. Continue Reading Society of Industrial and Office Realtors Elects 2024-2025 Officers
Sweden’s Central Bank Enacts First Rate Cut in 8 Years
The Riksbank reduced its main interest rate by 0.25 percentage points to 3.75%. Continue Reading Sweden’s Central Bank Enacts First Rate Cut in 8 Years
NAR Chief Economist Predicts Falling Rates, More Existing Home Sales
Lawrence Yun acknowledged annual existing home sales in 2023 experienced their worst year since 1995. Continue Reading NAR Chief Economist Predicts Falling Rates, More Existing Home Sales
The World’s Wealthiest City Is…
When it comes to cities with a surplus number of millionaire residents, the U.S. is the global leader in the 2024 World’s Wealthiest Cities Report published by international wealth migration specialists Henley & Partners in collaboration with the global data...
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