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HUD Announces New Disaster Assistance Initiatives

HUD Announces New Disaster Assistance Initiatives

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Housing and Urban Development’s (HUD) has announced two initiatives to help households impacted by disasters. HUD has extended the foreclosure moratoriums for Federal Housing Administration (FHA)-insured Single Family Title II forward and Home...
MaxHome Raises $2 Million in Pre-Seed Funding Round

MaxHome Raises $2 Million in Pre-Seed Funding Round

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

MaxHome, an artificial intelligence (AI)-native platform for real estate agents and brokerages, has secured $2 million in a pre-seed funding round led by BBG Ventures, with participation from Power of N and Fortitude Ventures. According to the company, the funding...
Feds to Shed 8 Government Buildings

Feds to Shed 8 Government Buildings

by Phil Hall | Dec 6, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Ahead of the new Elon Musk-Vivek Ramaswamy initiative to cut federal waste through the Department of Government Efficiency (DOGE), the US General Services Administration (GSA) announced eight federal properties will be jettisoned from its portfolio. The GSA plan said...
Dollar General Plans 575 New US Stores in 2025

Dollar General Plans 575 New US Stores in 2025

by Phil Hall | Dec 6, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The discount retailer Dollar General Corporation (NYSE: DG) announced a proactive real estate agenda involving new and renovated stores. The Goodlettsville, Tennessee-headquartered company is planning to open 575 new stores across the US and 15 in Mexico in 2025. Also...
Q3 Equity Gains Down by More Than 5%

Q3 Equity Gains Down by More Than 5%

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

US homeowners with mortgages – which account for roughly 62% of all properties – saw home equity increase by $425 billion during the third quarter, an uptick of 2.5% year-over-year, according to new data from CoreLogic. By the end of the third quarter, total net...
St. Petersburg City Council Approves Tampa Bay Rays Stadium Funding

St. Petersburg City Council Approves Tampa Bay Rays Stadium Funding

by Phil Hall | Dec 6, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The ongoing saga of the proposed $1.3 billion ballpark for the Tampa Bay Rays took a new step forward as the St. Petersburg City Council narrowly voted to approve bonds to fund its public financing portion for the stadium and the surrounding Historic Gas Plant...
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