Real Estate News & Insights
New Data Points to Deceleration in Home Prices
Chicago, New York and Boston reported the highest year-over-year gains with year-over-year price increases of 5.5%, 5.2% and 4.1%, respectively. Continue Reading New Data Points to Deceleration in Home Prices
Alabama Home Sales Down During October
The state’s median sales price was $253,201, up by 7.6% from September and by 19.7% from October 2024. Continue Reading Alabama Home Sales Down During October
UK Mortgage Borrowers Facing a Summer of Discontent
Chancellor of the Exchequer Jeremy Hunt rejected government aid to households facing increased mortgage costs. Continue Reading UK Mortgage Borrowers Facing a Summer of Discontent
The Best Market for Long-Term Rental Property Investment Is…
Ohio was the top ranked state and Cleveland was the top ranked metro area. Continue Reading The Best Market for Long-Term Rental Property Investment Is…
Chinese Real Estate Developer Agrees to US Extradition to Face Bribery Charges
Zhang Li has been living under house arrest in his luxury London penthouse since last December. Continue Reading Chinese Real Estate Developer Agrees to US Extradition to Face Bribery Charges
HUD Makes $2M Available for Affordable Housing Creation in Smaller Communities
The funds are for localities with a population of 50,000 or less. Continue Reading HUD Makes $2M Available for Affordable Housing Creation in Smaller Communities
Hits and Misses for the Real Estate Week of June 12-16
An abandonment of San Francisco commercial mortgages, the Fed presses the pause button and President Biden’s unlikely railroad idea. Continue Reading Hits and Misses for the Real Estate Week of June 12-16
RE/MAX Reports ‘Sizeable Jump in May Home Sales’
May’s $423,000 median sales price was the highest since June 2022. Continue Reading RE/MAX Reports ‘Sizeable Jump in May Home Sales’
Fox News’ Bret Baier Seeks to Flip Palm Beach Estate
Baier acquired the property in March 2022 from designer Tommy Hilfiger for $12 million. Continue Reading Fox News’ Bret Baier Seeks to Flip Palm Beach Estate
California Realtors Fault Legislators for Ignoring Homeownership Program in New Budget
“The California Dream for All program is a huge step forward in closing the homeownership and wealth gaps that exist in our state,” said CAR in a statement. Continue Reading California Realtors Fault Legislators for Ignoring Homeownership Program in New Budget
FICO Hosting ‘Score A Better Future’ Homeownership Webinar
“Score A Better Future” is being presented in partnership with the nonprofit Operation HOPE. Continue Reading FICO Hosting ‘Score A Better Future’ Homeownership Webinar
Multifamily Property Management Firm in $75K Settlement Over Violating Servicemembers’ Rights
FPI was accused of imposing unlawful charges on nine servicemembers terminatee their apartment leases after receiving military relocation orders. Continue Reading Multifamily Property Management Firm in $75K Settlement Over Violating Servicemembers’ Rights
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