Real Estate News & Insights
Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
625-Bed Student Housing Development Planned Near North Carolina’s Appalachian State University
Delivery is planned for the 2027-2028 academic year. Continue Reading 625-Bed Student Housing Development Planned Near North Carolina’s Appalachian State University
A Phil Hall Op-Ed: Can You Sell a Slovenly Home?
This situation would never be encouraged in any other sales-focused sector. Continue Reading A Phil Hall Op-Ed: Can You Sell a Slovenly Home?
LeBron James to Knock Down $37M Mansion and Build New Home
The property was built in 1934 for actor Charles Boyer and was later acquired by Howard Hughes. Continue Reading LeBron James to Knock Down $37M Mansion and Build New Home
Renters Starting to See Some Relief in Housing Costs
Rent prices in the expensive West saw the largest year-over-year declines (-3.0%). Continue Reading Renters Starting to See Some Relief in Housing Costs
Rising Mortgage Rates Create New Mayhem in UK Housing Market
Two additional rate hikes by the Bank of England are being predicted for the summer. Continue Reading Rising Mortgage Rates Create New Mayhem in UK Housing Market
Prologis Pays $3.1B for Blackstone’s Industrial Real Estate Portfolio
Prologis President Dan Letter said the “high-quality properties are complementary to our portfolio.” Continue Reading Prologis Pays $3.1B for Blackstone’s Industrial Real Estate Portfolio
Mexican Real Estate Company Vesta Launches US IPO
Vesta’s ADSs have been approved for listing on the New York Stock Exchange under the ticker symbol “VTMX.” Continue Reading Mexican Real Estate Company Vesta Launches US IPO
Hits and Misses for the Real Estate Week of June 19-23
Americans are looking for Italian properties while Britons are looking at higher mortgage payments. Continue Reading Hits and Misses for the Real Estate Week of June 19-23
Silverstein Properties Applies for License to Create NYC Casino
The company said the project would create 9,500 union jobs. Continue Reading Silverstein Properties Applies for License to Create NYC Casino
Mortgage Delinquency Rate Drops to Near-Record Low
Serious delinquencies (loans 90 or more days past due) were down by 18,000 from April, a 3.7% drop. Continue Reading Mortgage Delinquency Rate Drops to Near-Record Low
Home Sales Continue to Decline in New York State
May was the 43rd consecutive month that the number of homes available has fallen in year-over-year comparisons. Continue Reading Home Sales Continue to Decline in New York State
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