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Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
White House officials are reportedly angry with Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), for influencing President Trump to announce his poorly received plan for a 50-year mortgage to encourage affordable homeownership. Politico, sourcing...
New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
The State of New Jersey has reached a $2.8 million settlement with Florida-based MV Realty that resolves claims of deceptive lending in the company’s so-called “Homeowner Benefit Agreements” (HBAs). MV Realty provided “financially distressed” homeowners with an...
Apartment-Hotel Brand Sonder to Shut Down
Sonder Holdings Inc. (NASDAQ: SOND), a San Francisco-headquartered operator of short-term rental apartments and boutique hotels, announced a winding down of its operations immediately and the Chapter 7 liquidation of its US business while initiating insolvency...
NEWS & CURRENT EVENTS
Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
The proposal will be discussed at the City Council’s next meeting on Oct. 29. Continue Reading Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
New Data Reports Find Easing in Home Prices
“New York again led all metros with a 6.1% annual gain, followed by Chicago at 5.9% and Cleveland at 4.7%,” said Nicholas Godec of S&P Dow Jones Indices. Continue Reading New Data Reports Find Easing in Home Prices
Maine Home Sales Rise as Prices Ease
The median sales price during September was $402,500, a 1.35% decrease from the $408,000 price recorded in September 2024. Continue Reading Maine Home Sales Rise as Prices Ease
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
The property tax savings are complemented by the State of Wisconsin’s sales tax exemption on the construction of qualified data centers. Continue Reading Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
ATTOM Debuts Self-Service Data Platform
“With ATTOM Nexus, we’ve created a best-in-class experience,” said ATTOM’s Todd Teta. Continue Reading ATTOM Debuts Self-Service Data Platform
Trump Rules Out Treasury Secretary Bessent as Next Fed Chairman
“Well, I love Scott, but he wants to stay where he is,” Trump said. Continue Reading Trump Rules Out Treasury Secretary Bessent as Next Fed Chairman
Northeast and Midwest Suburbs Top Realtor.com’s Hottest ZIP Codes List
“Many of these neighborhoods also offer newer homes than the surrounding areas,” said Chief Economist Danielle Hale. Continue Reading Northeast and Midwest Suburbs Top Realtor.com’s Hottest ZIP Codes List
Pennsylvania Township to Provide 100% Property Tax Credit to Volunteer Firefighters
Volunteer firefighters in the township previously enjoyed a 20% real estate tax credit. Continue Reading Pennsylvania Township to Provide 100% Property Tax Credit to Volunteer Firefighters
New Study Highlights the Most Pet-Friendly Cities
Scottsdale ranked first and Honolulu ranked last among the 100 cities analyzed by WalletHub. Continue Reading New Study Highlights the Most Pet-Friendly Cities
Boston Mayor Complains About Traffic Concerns with Proposed Soccer Stadium
Mayor Michelle Wu criticized Robert Kraft’s company. Continue Reading Boston Mayor Complains About Traffic Concerns with Proposed Soccer Stadium
Rudyard Kipling’s 1896 Vermont Stable to Become Rental Housing
The English-born Kipling lived at an estate in Vermont from 1892 through 1896. Continue Reading Rudyard Kipling’s 1896 Vermont Stable to Become Rental Housing
REMAX Taps Magnite to Expand Commerce Media Business
REMAX launched its media network last December to provide advertisers with a platform to connect with consumers. Continue Reading REMAX Taps Magnite to Expand Commerce Media Business
Sen. Warren Endorses Zohran Mamdani for NYC Mayor
Among Mamdani’s campaign pledges are a freeze in the costs of rent-controlled housing and the creation of supermarkets owned and operated by the city government. Continue Reading Sen. Warren Endorses Zohran Mamdani for NYC Mayor
Lincoln Property Company and NYLREI Acquire San Francisco Office Property
The five-story building encompasses nearly 210,000 square feet and is 90% leased. Continue Reading Lincoln Property Company and NYLREI Acquire San Francisco Office Property
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