Real Estate News

Real Estate News for Realtors and Brokers

Blackstone Group, TruAmerica buy 5,800 apartments in San Diego

12 May 2021 @ 9:07 pm

In what's believed to be one of the biggest real estate deals in San Diego County history, the investment firm says it plans to spend $100 million renovating the properties. ...

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Realogy clutches top spot on T3 Sixty’s 2021 Mega 1000 list

12 May 2021 @ 9:00 pm

Realogy secured the top spot on T3 Sixty's Mega 1000 list with $184 billion in 2020 sales volume. However, brokerages with alternative models are closing the gap. ...

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Compass reports $1.1B in quarterly revenue in first public earnings report

12 May 2021 @ 8:45 pm

A red-hot housing market pushed Compass' revenue up 80 percent year over year, as the company aims to reduce its net losses and gain market share. Inman has all the details. ...

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Quicken Loans will officially rebrand as Rocket Mortgage

12 May 2021 @ 6:45 pm

Rocket Mortgage has eclipsed the Quicken Loans brand in the minds of consumers so the company plans to officially change its name on July 31. ...

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Dip in mortgage rates boosts interest in purchase loans, refinancing

12 May 2021 @ 5:14 pm

A dip in mortgage rates to the lowest levels since February helped boost applications for both purchase mortgages and refinancing last week, the Mortgage Bankers Association reports. ...

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How long will the housing shortage last? Years — here’s why

12 May 2021 @ 4:35 pm

Thinking optimistically and knowing a little about U.S. homebuilders and American ingenuity, builders might create an average of 2 million homes annually and achieve a supply-demand balance in about s ...

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$100K for a home in Brooklyn? Fuggedaboutit!

12 May 2021 @ 2:57 pm

The New York Times editorial board asked eight NYC mayoral candidates, "Do you know the median sales price for a home in Brooklyn?" Some candidate answers left New Yorkers baffled. ...

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