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Canadian Realtor Fined $3,000 for Anti-Transgender Social Media Posts

Canadian Realtor Fined $3,000 for Anti-Transgender Social Media Posts

by Phil Hall | Jun 24, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canada’s Saskatchewan Real Estate Commission has fined a Saskatoon realtor $3,000 and issued an official reprimand for making hostile comments about transgender people on social media. According to a CBC report, Murray Kurtenbach of Century 21 Fusion published posts...
Alabama Home Sales Up for Fourth Consecutive Month

Alabama Home Sales Up for Fourth Consecutive Month

by Phil Hall | Jun 24, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alabama home sales were up for the fourth consecutive month in May, although they were still below the previous year’s level. According to data from the Alabama Association of Realtors, the state recorded 5,209 home sales last month, up by 45 transactions (0.9%) from...
Justin Timberlake Sells 127-Acre Tennessee Property at Discount

Justin Timberlake Sells 127-Acre Tennessee Property at Discount

by Phil Hall | Jun 24, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Justin Timberlake has said “Bye Bye Bye” to his nearly 127-acre property outside of Nashville, selling the land at a discounted price. Mansion Global reported the singer/actor sold the property for $8 million, down from his $10 million asking price when it was listed...
Redfin: Only 39% of Renters Can Afford a Median-Priced Apartment

Redfin: Only 39% of Renters Can Afford a Median-Priced Apartment

by Phil Hall | Jun 24, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data analysis by Redfin (NASDAQ:RDFN) has determined only 39% of renters are earning enough to afford the median-priced apartment. During May, the $1,653 median apartment asking rent in May was $47 below its record high. According to the new data analysis, the...
Treasury Department Rolls Out New Initiative to Increase Housing Affordability

Treasury Department Rolls Out New Initiative to Increase Housing Affordability

by Phil Hall | Jun 24, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of the Treasury has announced a new effort to boost housing affordability. According to a press statement from the Treasury, the new initiative will include the launch of a program administered by the CDFI Fund to provide an additional $100 million...
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