REAL ESTATE NEWS - Regional Real Estate Trends

Access detailed regional analyses on the housing market, highlighting growth areas, local trends, and what to expect in different markets.

UCLA Research Park to Welcome Anchor Tenant with $120M Grant
Dr. Gary Michelson's $120 million pledge for a medical institute at UCLA's West L.A. research campus is a game-changer.
UCLA Research Park welcomes anchor tenant with $120 million grant announcement.
Record-low home contract signings observed
July's pending home sales plummeted to a 23-year low, according to a report from the National Association of Realtors. Contract signings dropped by 5.5% compared to the previous month.
US housing market sees record-low home contract signings nationwide in recent months.
Fred and Aaron Karlton purchase Sunset Islands teardown for spec mansion construction
Karlton Companies acquires a waterfront teardown on Miami Beach's Sunset Islands for $19 million to construct an ultra-luxurious spec mansion, according to The Real Deal.
Fred and Aaron Karlton buying Sunset Islands property for new mansion development.
Silicon Valley Brokerages Boom: Residential and Commercial Expansion
Corcoran Icon, a San Francisco-based brokerage, has recently announced its plans to open a new office in Silicon Valley due to the strong demand for homes and commercial spaces in the area. This move is expected to attract more residential and commercial
Silicon Valley brokerages expand residential and commercial properties amidst rapid growth.
Hollywood Hills Home of Actor Jeremy Renner Hits Market for $13M
Actor lists luxurious home for sale: After purchasing for $4 million in 2012, the property is now on the market for $12.9 million.
Hollywood Hills mansion owned by actor Jeremy Renner listed for sale at $13 million.
Real Estate Insights: Navigating Punta Gorda's Short-Term Price Fluctuations
Exploring the Parallels: Housing Bubble Burst of '06 vs Today's Punta Gorda Market
Punta Gorda real estate market graph with fluctuating price trend lines.
Mortgage rates hit a 15-month low: A boon for homebuyers
Homebuyers wait as rates edge closer to 6%, but sales remain stagnant.
Mortgage rates decline to 15-month low, benefiting homebuyers nationwide.
Panattoni acquires Miami Herald's old HQ in Doral
Panattoni Development enters Doral office submarket, acquiring a two-story building previously occupied by Miami Herald and El Nuevo Herald headquarters.
Panattoni acquires historic Miami Herald headquarters building in Doral, Florida.
State Revokes Tax Credits for Nonprofit After Demolition of Historic Building
Hudson's Affordable Housing Crisis: Galvan Initiatives Foundation Loses Tax Credits
State officials revoke tax credits for nonprofit after historic building demolition.
Altman Brothers: A New Venture in Orange County
Josh Altman is optimistic about Orange County's potential. He sees great opportunities nearly 60 miles south of where he and his brother opened their first standalone office on Robertson Boulevard in Los Angeles.
Two brothers launch business venture in Orange County, California landscape.
Hesitant Homebuyers: Why Low Mortgage Rates Fail to Entice
Redfin's latest report reveals buyers' anticipation for new agent fee rules and potential impact on mortgage rates and home prices.
Hesitant homebuyers in US market struggle with low mortgage rates despite economic optimism.
CHA Approves $27M Loan for LeClaire Courts Redevelopment
LeClaire Courts Redevelopment: A $350 Million Initiative Approved for First Phase Funding The LeClaire Courts redevelopment project has received a $27 million capital loan for its first phase, thanks to the approval of the Chicago Housing Authority. This
CHA approves $27 million loan for LeClaire Courts redevelopment project in Chicago.
Fed Rate Cut Expectations Boost Mortgage Rates
The Federal Reserve has hinted at a potential interest rate cut in September, which could potentially lower mortgage rates according to Freddie Mac's latest report.
Mortgage rates rise in response to Federal Reserve rate cut expectations nationwide.
Fed's Expected Rate Cut: Mortgage Rates Plummet
The Federal Reserve has hinted at a potential interest rate cut in September, which has already resulted in a decrease in mortgage rates according to Freddie Mac's latest report.
Federal Reserve officials cut interest rates, lowering US mortgage rates significantly nationwide.
Historic Mansion on Hibiscus Island Sells for Record $40M
Miami Beach Waterfront Mansion Sets Record at $40.3 Million A stunning waterfront mansion in Miami Beach has set a new record for home sales on Hibiscus and Palm islands. Built by renowned builder Paul Vogele, this 10,800-square-foot, seven-bedroom master
Historic mansion on Hibiscus Island sells for record-breaking $40 million in Miami.
Urban Institute finds a leadership gap among multifamily developers for people of color
Here's a possible rewrite: "Chicago's multifamily housing construction has been dominated by white developers, according to a new Urban Institute analysis. This lack of diversity in the real estate industry is a significant issue."
Multifamily developers lacking diversity, study by Urban Institute reveals leadership gaps nationwide.
Pending Home Sales Plummet to Record Low in July Amid Soaring Prices
Despite job growth and increased inventory, affordability issues persist due to upcoming US presidential election uncertainty.
Real estate agents stand amidst empty homes in record-low pending sales market.
Foot Locker leaves Vornado-owned headquarters
Foot Locker is moving its headquarters from New York City's Penn District to St. Petersburg, Florida next year, according to the New York Business Journal.
Foot Locker vacates Vornado Realty Trust's New York City headquarters building.

market today

VNQ
$94.94
IYR
$99.12
SCHH
$22.52
XLRE
$43.54