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FHLBank Chicago Offers $50 Million in Interest Rate Subsidies to Expand Affordable Housing

FHLBank Chicago Offers $50 Million in Interest Rate Subsidies to Expand Affordable Housing

by Phil Hall | Jul 16, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced it will allocate $50 million in interest rate subsidies to expand affordable housing, economic development, and community partnerships in Illinois and Wisconsin through its new Community Impact Advance...
Century Communities Revives Online Homebuying Sales Event

Century Communities Revives Online Homebuying Sales Event

by Phil Hall | Jul 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Century Communities Inc. (NYSE:CCS) has announced the return of its Purple Tag Sales Event. The sales event encourages buyer to do their home shopping online at CenturyCommunities.com. Buyers can click the “Buy Now” on any available home,...
Report: Biden to Unveil New Rent Control Proposal

Report: Biden to Unveil New Rent Control Proposal

by Phil Hall | Jul 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Joe Biden is planning to unveil a new rent control proposal tomorrow during a campaign stop in Nevada. According to a Washington Post reported sourced from three unnamed “people familiar with the matter,” Biden’s proposal would remove a tax benefit from...
Four MLSs in Florida Launch Coast 2 Coast MLS Data Share

Four MLSs in Florida Launch Coast 2 Coast MLS Data Share

by Phil Hall | Jul 15, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The multiple listing services (MLSs) linked to four Florida-based realtor groups – realMLS, St. Augustine and St. Johns County Board of Realtors, Space Coast Association of Realtors and Daytona Beach Area Association of Realtors – have teamed up to create Coast 2...
Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase

Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase

by Phil Hall | Jul 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The widow of Apple Inc. (NASDAQ:AAPL) co-founder Steve Jobs has broken a San Francisco record for the city’s most expensive home purchase. The Wall Street Journal, citing unnamed “people familiar with the transaction,” reports that Laurene Powell Jobs paid...
Hits and Misses for the Real Estate Week of July 8-12

Hits and Misses for the Real Estate Week of July 8-12

by Phil Hall | Jul 12, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A proposed sales tax hike to finance Denver’s affordable housing, a bumbling response to Hurricane Beryl and too many empty offices in San Francisco. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 8-12. Miss: Rocky...
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