Know What's Happening in Real Estate
Know What's Happening in Real Estate
New Owners Propose $1.5B Revitalization of Kansas City’s Country Club Plaza
The Country Club Plaza, the nation’s first outdoor shopping center, faces high vacancy and aging infrastructure. A new ownership group unveiled a $1.5 billion redevelopment plan that would add 750 apartments, about 645,000 sq ft of office space, 278 hotel rooms, a park and expanded walkways.
New research from the National Association of Realtors shows that the typical homeowner earns about 85% more than the typical renter across the United States. The disparity is most pronounced in smaller metros and college towns, where student and entry‑level workers lower renter incomes. In high‑cost coastal markets, homeowner earnings are also high, but the relative gap shrinks. Conversely, Sun Belt retirement destinations exhibit the narrowest income gaps between owners and renters.
Mayor Zohran Mamdani is quietly pitching three new real‑estate taxes that could raise about $1.2 billion to help close New York City’s multi‑billion‑dollar budget gap. At the same time, the 32BJ‑SEIU union has begun contract talks with building owners, warning of a...
Mortgage rates edged lower early on March 10, with the 30‑year fixed rate slipping to 6.09%, a 0.05‑percentage‑point dip. Later lender updates, prompted by a bond‑market rally tied to geopolitical headlines, left the average essentially unchanged. No major economic releases were...
Institutional landlord AMH says some Florida homebuilders are buying out their tenants leases "Some of the builders in our Florida markets got pretty aggressive, and we're willing to buy out some of our leases for our residents who were...
Edinburgh’s iconic nightclub, known over the decades as The Cavendish, Lava, Ignite and most recently ATIK, is being demolished to make way for a new student residential complex. The venue, which opened in the 1940s and hosted legends such as...
Aviation services provider ASAK Solutions signed a 16,515‑square‑foot lease on the ground floor of Longpoint Partners’ 152‑15 Rockaway Boulevard warehouse in Jamaica, Queens, at $28 per square foot. The space, featuring eight drive‑in loading doors, is positioned within a short...
Ed Leamer famously argued “Housing is the Business Cycle”. This paper adds color to that claim by showing monetary policy ⇒ mortgage rates ⇒ house prices ⇒ home equity borrowing ⇒ aggregate demand. Housing also affects fertility, as @JesusFerna7026 noted...
Government loan performance issues have tightened underwriting, while jumbo credit availability rose 2.9% in the past month, driven by non‑QM loan growth. In contrast, FHA‑backed loan availability slipped 0.8% as delinquencies topped 11%. The Mortgage Credit Availability Index edged up...
Los Angeles Mayor Karen Bass announced the expansion of a pilot program that offers pre‑approved home designs to accelerate rebuilding after the 2025 wildfires that destroyed nearly 12,000 homes and erased $8.3 billion in property value. The city, partnering with The...
Newrez introduced TitlePass, a title‑insurance waiver for qualified rate‑and‑term refinances in 18 states, promising up to $2,200 savings for borrowers. Pennymac’s third‑party origination arm launched a non‑QM menu featuring debt‑service‑coverage‑ratio, bank‑statement, and asset‑qualifier loans aimed at entrepreneurs and retirees. Rate’s...
The Federal Reserve’s March 2026 policy meeting is widely expected to keep the federal funds rate steady, as inflation eases to 2.4% but still sits above the 2% target. Mortgage rates have settled around 6% following the Fed’s recent hold,...
Sugar Land unveiled an innovation fund and an Office Readiness Program to lure high‑growth startups in life sciences, advanced manufacturing, IT and professional services, while subsidizing office‑building upgrades. The fund builds on the Plug and Play Sugar Land accelerator, which...
The City of Pekin, Illinois, announced that it will not move forward with a proposed 321‑acre data‑center campus on the Lutticken Property. Mayor Mary Burress cited community opposition and uncertainty as reasons for halting the project, despite a tentative land‑sale...
A newly listed Mediterranean villa in Mougins, just 15 minutes from Cannes, is on the market for $6.85 million. The 4,305‑sq‑ft, five‑bedroom residence sits on over an acre of terraced gardens and features a pool, sauna, hammam, massage room and gym....
Stayway Holding Group, linked to Lee Fung Fong and Henry Zheng, purchased the 71‑room Senton Hotel in Manhattan’s NoMad district for $27.2 million. The seven‑story property at 39 West 27th Street was sold by Calvin Kamuluddin, with Avison Young brokering the...
U.S. homebuilders face a tough 2026 backdrop marked by strained affordability, rising land and material costs, and cautious buyer sentiment despite underlying demand. Builders are leaning on mortgage buydown incentives and selective land acquisitions to sustain sales, while technology adoption...
Bernstein Management has filed a rezoning application for a 24‑acre mixed‑use project called Reston Crossing, located just south of the Reston Town Center Metro station. The development will deliver 1,650 residential units, roughly 1.5 million square feet of office space and...
Wales will become the first UK region to require solar panels on new domestic and commercial buildings, with the rule taking effect on 4 March 2027. The updated building regulations mandate a "system for renewable electricity generation," which industry analysts say will...
Renovation demand in Canada remains robust, driven by affluent online mass‑merchandise shoppers who also purchase electronics and sporting goods. Environics Analytics finds these consumers, averaging $150K household income, are focusing on high‑intensity projects such as basement finishing, HVAC, and roofing....
Durham, North Carolina, approved a $95 million affordable‑housing bond in 2019, supplemented by $65 million in federal and local funds. The program has delivered 1,668 new rental units and preserved 888 existing homes, exceeding its original targets, and has housed over 2,030...
Digital Realty Trust posted 2025 Core FFO of $7.39 per share, delivering a roughly 34% dividend buffer against its $4.88 payout. The REIT maintains a 4.9× leverage ratio and BBB ratings from S&P, Moody’s and Fitch, keeping credit risk low....
Existing home sales in the United States posted a modest 1.7% increase in February, marking the first uptick after a sharp decline the previous month. The rise caught many economists off‑guard, as most forecasts anticipated a continued slide. While the...
Credit Karma has just rolled out mortgage broker services to its users (*refinances only). "Credit Karma Home Loans" allows users to shop over 40 financial institutions and 1,500 loan products. Will be powered by Better Mortgage's Tinman AI Platform.
An investigation by the Portland Ombudsman found that the city levies fines for short‑term rental violations that are up to 27 times higher than those in comparable U.S. cities. The report highlighted a case where a first‑time operator was fined...
NAR: Existing-Home Sales Increased to 4.09 million SAAR in February Median House Prices Increased 0.3% Year-over-Year https://calculatedrisk.substack.com/p/nar-existing-home-sales-increased-836
Single‑family acquisition, development and construction (AD&C) loan stock slipped 1.5% in Q4 2025, reaching $456.3 billion despite two Fed rate cuts. While overall AD&C volume fell, 1‑4‑family residential construction loans rose 1.7% year‑over‑year, marking a second consecutive YoY gain. Nonaccrual and...
Third & Urban announced renovation plans for the Atkins Park Collection, a 61,120‑sq‑ft retail portfolio in Atlanta’s Virginia‑Highland. The developer, which completed acquisition of both phases by September 2025, will invest over $3 million in building upgrades and streetscape improvements, beginning with...
Morningstar DBRS assigned a stable A rating to the $10.8 million mortgage loan for 516 Northwestern Associates, secured by a 135,324‑sq‑ft office‑lab‑classroom building on Purdue University’s West Lafayette campus. The loan carries a 4.14% interest rate, matures in November 2039, and...
Office foot traffic rose 4.7% year‑over‑year in October 2025, yet remains 30.8% below pre‑pandemic October 2019 levels. Miami and New York continue to dominate the recovery, while San Francisco posted the strongest YoY rebound. Friday visits linger at just 12.4%, underscoring persistent...
Morningstar DBRS assigned an A (low) rating with a Stable trend to a 4.14% mortgage loan due July 1, 2038, financing Miracle Mile Properties' Glenwood Apartments in Reseda, California. The 237‑unit, garden‑style property is valued at $12.4 million, yielding a loan‑to‑value...
Home retailers are bracing for a 2026 that mirrors the weak 2025, as year‑over‑year sales continue to fall and the sector was the only category to decline in January’s retail report. The slowdown is tied to a stagnant housing market,...
Hounslow Council unveiled the Golden Mile London regeneration programme, a 15‑year, £7.5 billion initiative. The plan calls for 14,000 new homes and aims to generate 25,000 jobs in creative, digital and technology sectors along the 4 km stretch between Heathrow and central...
Toronto’s rental market continued its decline in February, with average asking rents slipping to $2,030 for the 17th month in a row, a trend analysts attribute to broader affordability constraints beyond simple supply‑and‑demand dynamics. Meanwhile, Premier Doug Ford is weighing...
Rents In Canada Falling For 17 Straight Months: A Good News Bad News Story Let's be really clear on this: in 2023 - 2024 Rents in many Canadian cities were insanely high This constant drop in Rents was so badly needed BTW: Rents...
Just rented a $3 million house in the Smokey Mountains for $400 a night. 6,000 sf. 7 bedrooms 8 baths. The market must be getting absolutely crushed. Is visitor traffic down that much? Too many Airbnbs?
Please voice your opposition to the 21st Century ROAD to Housing Act, which as currently drafted punishes new Build-to-Rent housing construction. https://t.co/gYsrYfSiJu https://t.co/WLqgU46iDQ
I was originally going to dunk on this suburban Chicago letter to the editor opposing Illinois' state-level zoning reforms, but this must surely be parody, right? https://t.co/jdAAyhY21g
When I was in Frisco, Texas a couple years ago I thought "Oh huh this is just like the Inland Empire, no wonder it's growing so fast."
The Senator's letter is YIMBYism on steroids: 1) Fix zoning etc and build more housing. 2) Don't open the door to the slippery slope of eroding property rights, which snowballs into reduced supply. 3) Call out misinformation that threatens supply and/or affordability.
The housing market is hitting stagflation. Jobs are cooling, but the unauthorized war in Iran is keeping oil prices and rates high. Sellers are losing patience and re-listings are at a decade high, giving buyers more leverage. https://t.co/tK43N2ajFT
The average 30-year fixed mortgage rate today: 6.09% Same day last year: 6.72% -------------------- 10-year Treasury yield: 4.12% Spread today: 197 bps
U.S. existing home sales total 257,000 in February 2026 Since 2000, February has averaged 310,000 U.S. existing home sales Resale turnover remains constrained Table via @ResidentialClub Data via @nardotrealtor https://t.co/4g2dE9eSU5
NEW: The Trump plan to take over LA's wildfire rebuild is over before it started. https://t.co/JBoXSiUqhh
Some stats for seller concessions to buyers in the Sacramento region. Buyers are very picky about getting into contract AND staying in contract. Sellers, work with buyers. Make the transaction a win for them also. And if the market requires,...
Property Play: Ryan Serhant of Netflix's 'Owning Manhattan' is leaning hard into commercial real estate https://t.co/gAioTF8Hoz @RyanSerhant #realestate #realesatateinvesting
February home sales see small rebound, but supply growth is 'sluggish' https://t.co/lU7RWyXYsP @nardotrealtor #realestate #realestateinvesting #housing
1.29 million total inventory in 2026 4,000,000 in 2007 It's 2026, the 4th year after the big sales crash in 2022. Stop dancing with a ghost 🫡
So we can move along from this 2-month period Last month's report was a holiday softness; the rebound should be discounted as well, and just forget these last two months and follow the trend that has been since mid-June
Just remember, this is the final existing home sales report that has some of the snow variable in it; our forward-looking data looks fine for the last 3 weeks https://t.co/JtXKhBSDDM
What many YIMBYs miss about the Austin housing supply miracle: Investors were willing to capitalize that construction, in part, bc, except in cases of *actual* emergency, Texas bans rent control at the state level. https://t.co/rl9bpQ94Cx
