People On The Move 05/03

Franklin-based Chartwell Hospitality sold a Brentwood hotel for $9.8 million — here's which hotel and how much they paid. Read this news and more in our weekly real estate roundup.

The 20 fastest-growing commercial and industrial lenders in the Twin Cities penciled out $500 billion more in commercial and industrial loans in the third quarter of 2024 compared to the same time period in 2023.

If you thought you noticed more Orlando homes on the market in 2024, you’d be correct. At the end of 2024, inventory was up 41.5% compared to the year before, according to the Orlando Regional REALTOR Association. That’s created the first “balanced market” in years, meaning buying and selling should ramp back up this spring after a holiday lull.

A month ahead of the new Major League Soccer season, St. Louis City SC has updated its exterior to reflect the stadium's new name. Here's a look.

Legal and Public Notices - January 24, 2025

By ALEX VEIGA, AP Business Writer LOS ANGELES (AP) — The latest evidence that homeownership is becoming increasingly less accessible to many Americans: Sales of previously occupied U. S. homes fell last year to a nearly 30-year low for the second time in as many years. Elevated mortgage rates, a yearslong shortage of homes on the market and record-high home prices continued to stymie prospective home shoppers, especially first-time buyers. That led existing home sales to fall 0.7% last year to 4.06 million — the weakest showing for home sales since 1995 and edging out the terrible year for sales in 2023, the National Association of Realtors said Friday. Even in the midst of a sales slump, a dearth of homes on the market and rising mortgage rates gave sellers an edge over buyers, helping drive up the national median home price for all of last year to an all-time high $407,500, an increase of 4.7% from a year earlier. “How is it possible that home sales can be this low, considering that the U.