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Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
Rep. Steve Carra pointed out that approximately 72% of Michigan households do not have a child in government schools. Continue Reading Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
Rep. Steve Carra pointed out that approximately 72% of Michigan households do not have a child in government schools. Continue Reading Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
New Coalition Seeks to Protect Quartz Industry Jobs
A new national coalition has been formed on behalf of the US quartz industry. Save Quartz Jobs consists of more than 1,000 US fabricators, installers, distributors, and suppliers calling for the protection of American jobs and ensuring continued access to affordable...
Von Maur Department Stores to Open First New Jersey Location
Davenport, Iowa-headquartered Von Maur Department Stores announced plans to open its first store in New Jersey in Fall 2027. The new location will be an anchor store at Freehold Raceway Mall in Freehold, New Jersey, owned and operated by the real estate investment...
New Home Purchase Mortgage Applications Up 3.1% in November
Mortgage applications for new home purchases in November increased 3.1% from one year earlier, according to data from the Mortgage Bankers Association (MBA). Compared to October, applications decreased by 7%. MBA estimated new single-family home sales were running at...
NEWS & CURRENT EVENTS
New Board Chairman Appointed at QuadReal Property Group
R. Scott Hutcheson replaces Thomas Garbutt, who is stepping down after serving as chairman since 2018. Continue Reading New Board Chairman Appointed at QuadReal Property Group
Hits and Misses for the Real Estate Week of Dec. 8-12
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. Continue Reading Hits and Misses for the Real Estate Week of Dec. 8-12
Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
There has been no official announcement from Fannie Mae on the relocation. Continue Reading Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
Canadian Rental Housing Vacancy Rate at 3.1%
Toronto’s purpose-built apartment vacancy rate hit 3% for the first time since the pandemic. Continue Reading Canadian Rental Housing Vacancy Rate at 3.1%
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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.
Owner of Minnesota Lodge Resort Charged with Torching the Property
He submitted a $16.5 million insurance claim, citing “a fire of unknown origin” as the cause of the destruction. Continue Reading Owner of Minnesota Lodge Resort Charged with Torching the Property
Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
The 600,000-square-foot shopping destination features retailers such as Nordstrom Rack, Dick’s, Marshalls, Ross, Planet Fitness, and Barnes and Noble. Continue Reading Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Nationwide, 8% of homes investors offloaded in the third quarter were sold at a loss, up from 6.5% a year earlier. Continue Reading Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Execution Date Set for Killer of 2 Georgia Realtors
Stacey Ian Humphreys will be put to death by lethal injection on Dec. 17. Continue Reading Execution Date Set for Killer of 2 Georgia Realtors
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
“This should be the end of this case,” said Abbe Lowell, James’ attorney. Continue Reading Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. Continue Reading Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
Government Watchdog Agency Opens Probe into FHFA’s Pulte
Pulte and the FHFA did not publicly comment on the report. Continue Reading Government Watchdog Agency Opens Probe into FHFA’s Pulte
Starter Home Sales Up Nearly 5%
The typical starter home price rose 2% year-over-year to $260,000 in October. Continue Reading Starter Home Sales Up Nearly 5%
Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations
The survey found that 65.3% of Indiana districts already reduced or will reduce support staff, while 55.8% have already reduced or will reduce teaching staff. Continue Reading Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations
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