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Community Associations Institute Seeks Exemptions from Corporate Transparency Act

Community Associations Institute Seeks Exemptions from Corporate Transparency Act

by Phil Hall | Apr 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Community Associations Institute (CAI) is calling on lawmakers to exempt homeowners’ associations, condominiums, and housing cooperatives from the beneficial ownership interest reporting requirements outlined in the Corporate Transparency Act. Enacted by...
Chicago’s Qamar Group Joins The Real Brokerage

Chicago’s Qamar Group Joins The Real Brokerage

by Phil Hall | Apr 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ: REAX), announced the Chicago-headquartered Qamar Group has joined the company. Led by CEO Rafay Qamar and Chief Operating Officer Jana Pierce, the Qamar Group offers 36 agents who serve the Chicago metro area, along with markets across...
HUD Updates Multifamily Insurance Deductibles, Citing Wind and Storm Coverage Costs

HUD Updates Multifamily Insurance Deductibles, Citing Wind and Storm Coverage Costs

by Phil Hall | Apr 18, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) has updated its policies for wind and named storm insurance coverage required for multifamily properties financed with a Federal Housing Administration (FHA)-insured mortgage. According to HUD, the updates are...
Florida and California Homeowners Report Higher Level of Problems with Insurance Carriers

Florida and California Homeowners Report Higher Level of Problems with Insurance Carriers

by Phil Hall | Apr 17, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners in Florida and California have seen a disproportionately high level of disruptions to their home insurance coverage, according to a new data study from Redfin (NASDAQ:RDFN). The new Redfin-commissioned survey by Qualtrics was conducted in February and...
Powell Backpedals on Rate Cuts, Citing Stubborn Inflation

Powell Backpedals on Rate Cuts, Citing Stubborn Inflation

by Phil Hall | Apr 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Federal Reserve Chairman Jerome Powell is no longer hinting that multiple rate cuts are likely later this year. According to combined media reports, Powell used a question-and-answer session during a forum in Washington, D.C., yesterday on U.S.-Canada economic...
Wharton to Offer Course on Using Data Analytics for Real Estate Investments

Wharton to Offer Course on Using Data Analytics for Real Estate Investments

by Phil Hall | Apr 16, 2024 | Industry Updates, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The real estate department at the University of Pennsylvania’s Wharton School of Business is introducing a course designed to teach students how to use data analytics to guide real estate investments. According to a report in The Daily Pennsylvanian, the half-semester...
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