Real Estate News & Insights
Furniture Retailer Closing All 89 Stores
The Columbus, Ohio-based American Signature filed for Chapter 11 bankruptcy in November after nearly 80 years in business. Continue Reading Furniture Retailer Closing All 89 Stores
Report: FHFA’s Pulte Instigated Subpoena and Indictment Threat Against Powell
Pulte has made no public comment on Powell’s announcement. Continue Reading Report: FHFA’s Pulte Instigated Subpoena and Indictment Threat Against Powell
Mortgage Rates Soar for Fifth Consecutive Week
The 30-year fixed-rate mortgage averaged 7.22% as of May 2. Continue Reading Mortgage Rates Soar for Fifth Consecutive Week
The Best Month and Day to Sell a Home Is…
The greatest seller premiums were generated in May, February and April. Continue Reading The Best Month and Day to Sell a Home Is…
New Data, Old Story: Home Prices Keep Going Up
Realtor.com also noted that the median list price increased from $424,900 to $430,000 between March and April. Continue Reading New Data, Old Story: Home Prices Keep Going Up
Florida Home Becomes TikTok Sensation Over Dungeon-Style Basement
The house was built in 1958, which led to online speculation that it could have been a Cold War-era fallout shelter. Continue Reading Florida Home Becomes TikTok Sensation Over Dungeon-Style Basement
One Week After Settlement, HomeServices Faces New Commission Lawsuit
The new lawsuit was filed in a Miami federal court and is seeking at least $5 million in damages. Continue Reading One Week After Settlement, HomeServices Faces New Commission Lawsuit
FHFA and HUD Announce New Reconsideration of Value Policies
FHFA Director Sandra L. Thompson said the policies will “help ensure that consumers are treated fairly.” Continue Reading FHFA and HUD Announce New Reconsideration of Value Policies
First National Realty Partners Acquires Phoenix Shopping Center
The transaction marks the firm’s entrance into Arizona and expands its presence into 26 states. Continue Reading First National Realty Partners Acquires Phoenix Shopping Center
New 1 Million SF Development Planned for Brooklyn Waterfront
Serhant Real Estate has been contracted to market the condos. Continue Reading New 1 Million SF Development Planned for Brooklyn Waterfront
CMBS Delinquency Rate Soars Above 5% for First Time Since September 2021
The office delinquency rate spiked by 80 basis points to 7.38%. Continue Reading CMBS Delinquency Rate Soars Above 5% for First Time Since September 2021
Federal Reserve Keeps Rates Unchanged
The rate has been kept at that level since last July. Continue Reading Federal Reserve Keeps Rates Unchanged
Recent Posts
Hits and Misses for the Real Estate Week of June 8-12- Opendoor Shuts Down Operations in India
- Boxabl Unveils Off-World Habitation Unit for Lunar Living
- Former Detroit-Area Home of Longtime UAW President Walter Reuther Listed fo…
- Report: Lennar Plans New Community at Site of Demolished Las Vegas Hotel
