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.

Commercial Bargain Executive to Manage $4B Fund in Phoenix
ElmTree Funds has named Blake Curtis as its new director of acquisitions to oversee $4 billion in funds for bargain-hunting in the commercial real estate market.
Commercial executive manages $4 billion fund in Phoenix financial district.
Homeownership in U.S. Drops to Lowest Level in Eight Years
New Redfin data reveals a significant decline in U.S. mortgage-rate locks for second vacation homes in August 2024, dropping 13.1% year over year on a seasonally adjusted basis, reaching its lowest level since March 2016.
U.S. homeownership rate drops to eight-year low with declining housing market.
Former Employee Accused of Rental Assistance Scam
Chicago Mayor Brandon Johnson is taking legal action against a former city employee and three others for allegedly using a fraudulent property management company to defraud the city of over $200,000 in Covid-19 emergency rental assistance funds.
Former employee accused of scamming rental assistance program in local community.
Washington Heights Project Transferred to Madison Realty
Hilco Real Estate has purchased 4452 Broadway for $26.5 million through a bankruptcy sale from HAP Investments, as reported by Commercial Observer.
Washington Heights development project transferred to Madison Realty in New York City.
Former Home of Chris Pratt and Anna Faris Hits Market for $7.5M
"CSI: Miami" Executive Producer and Showrunner Brett Mahoney Now Owns a Home
Chris Pratt's former Pacific Palisades home listed for sale at $7.5 million.
Ansin Family's Sunbeam Unveils Miramar's Massive Residential Project
Sunbeam Properties, owned by the billionaire Ansin family, is planning a massive mixed-use project in Miramar with over 2,800 residential units. This comes amidst a record multifamily construction pipeline in South Florida.
Ansin family's Sunbeam unveils massive residential project in Miramar, Florida.
Darien-Rowayton Housing Market Update: September 5-12
Darien and Rowayton Real Estate Market Update: New Listings from Sept. 5 to 12, 2024 1. Pine Brook Lane, Darien - $670,000 2. 23 Casement St., Darien - $850,000 3. 344 West Ave., Darien - $1,050,000 4. 99 Gardiner St., Darien - $1,300,000
Darien-Rowayton housing market update with graphs and statistics for September 5-12.
Southern California Gas Co. to move out of LA's Gas Company Tower for new Bunker Hill location
Southern California Gas Company has signed the largest Downtown Los Angeles office lease this year, moving from its problematic namesake tower to a smaller office on Bunker Hill. SoCalGas leases nearly 200,000 square feet across eight floors of a 52-story
Southern California Gas Co. relocates from LA's Gas Company Tower to Bunker Hill.
Bethenny Frankel lists Bridgehampton compound for $6M
Bethenny Frankel, former star of "The Real Housewives of New York," has put her Bridgehampton home up for sale at an asking price of $6 million.
Real estate mogul Bethenny Frankel's Bridgehampton compound listed for sale at $6 million.
Senior Living in Texas City: A Margaritaville Community in Decline
Exploring the potential decline of Texas City's Margaritaville-inspired community, led by Minto Communities USA, designed for seniors seeking an idyllic lifestyle.
Senior living community in decline at Margaritaville resort in Texas City.
Ranch for Sale: California Horse Property Now Listed at $69.95M
Arthur A. Cameron III seeks to sell his beloved Pacific-front property in Carpinteria, a cherished family possession for over four decades.
California horse ranch property listed for sale at $69.95 million price tag.
Can a $650,000 Budget Accommodate a Family's Dream Home in Chicago?
Exciting news! A new addition is on the way! Now, finding a bigger home is crucial. Can we afford an extra bedroom, a decent kitchen, and some outdoor space?
Chicago family explores affordable housing options with a $650,000 budget.
Lease Agreements at 77 W Wacker: A New Beginning After STRS Ohio's Rebuild
Chicago's iconic skyscraper at 77 West Wacker Drive is on the verge of securing two significant lease agreements, which could potentially boost its occupancy rate and revitalize its status as a premier business address in the city.
Rebuilt 77 W Wacker building in Chicago with new lease agreements underway.
Luxurious Upper East Side Townhouse Sells for a Record-Breaking $56 Million in NYC
A 19th-century townhouse, once a crime scene in the 20th century, has now become a record-breaking sale in the 21st century. This stunning property at 4 East 79th Street was sold for a whopping $56 million to an anonymous buyer, as per public records. Thi
Upper East Side townhouse sells for record-breaking $56 million in New York City.
El Cosmico: A New Printing Adventure in Marfa
Experience the futuristic charm at West Texas' trippiest hotel, now undergoing a 3D-printed rebuild. Liz Lambert and Icon's construction tech bring new life to this extraterrestrial-inspired complex.
El Cosmico printing press in Marfa, Texas, with vibrant art prints on display.
Mortgage Rates Nudge Towards 6%
Here's a possible rewrite of the subheading: "Despite lackluster buyer interest, forecasts of additional rate reductions this year may bring mortgage rates closer to 5% and stimulate a more vibrant market come spring."
Mortgage rates rise towards 6%, impacting homebuyers nationwide in US market.

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