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Report: Real Estate Tax Fraud Costs Philadelphia $11.5 Million Per Year

Report: Real Estate Tax Fraud Costs Philadelphia $11.5 Million Per Year

by Phil Hall | Dec 5, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Philadelphia’s Controller Office has issued a report that determined that fraud within the city’s Homestead Exemption Program, costs the municipal government and schools roughly $11.5 million per year. According to MetroPhiladelphia.com coverage, investigators with...
Report: Four States Are Home to Most At-Risk Housing Markets

Report: Four States Are Home to Most At-Risk Housing Markets

by Phil Hall | Dec 5, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California, Florida, Illinois and New Jersey were home to the greatest number of at-risk markets in the country, according to the third quarter Special Housing Risk Report from ATTOM. The new report found two-thirds of the 50 counties considered most exposed to...
New Center for Leadership Aims to Educate Boston-Area Real Estate Professionals

New Center for Leadership Aims to Educate Boston-Area Real Estate Professionals

by Phil Hall | Dec 5, 2024 | Market Snapshot, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The Urban Land Institute (ULI) of Boston/New England has opened the Center for Leadership, a curriculum-based program to educate and mentor the next generation of the market’s real estate professionals. According to the Boston Real Estate Times, the Center for...
Orange Bridge’s Co-Invest Enables Homeowners to Diversify Home Equity into Bitcoin

Orange Bridge’s Co-Invest Enables Homeowners to Diversify Home Equity into Bitcoin

by Phil Hall | Dec 5, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Del Mar, California-based Orange Bridge Inc. has launched Co-Invest, which is being promoted as “a simple process designed to unlock capital from the $32 trillion home equity wealth pool for conversion into Bitcoin.” According to the company, Co-Invest enables...
Rose Corporation Adds New Building to Ontario Master-Planned Community

Rose Corporation Adds New Building to Ontario Master-Planned Community

by Phil Hall | Dec 5, 2024 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Rose Corporation, a Reading, Pennsylvania-based real estate development and management firm, has completed its newest rental project with The Bakerfield II in Newmarket, Ontario. The 10-story building is the fourth phase of the company’s 834-unit community in...
Toronto Home Sales Up 40% Year-Over-Year

Toronto Home Sales Up 40% Year-Over-Year

by Phil Hall | Dec 4, 2024 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Home sales soared during November in the Greater Toronto Area, according to new data from Toronto Regional Real Estate Board (TRREB). A total of 5,875 home sales were transacted through TRREB’s MLS System last month, up 40.1% from the 4,194 sales reported in November...
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