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New York State Raises Property Tax Exemption for Seniors to 65%
Legislation S5175A/A3698A replaces the previous 50% maximum percentage of exemption local governments have been able to offer income-eligible seniors. Continue Reading New York State Raises Property Tax Exemption for Seniors to 65%
New York State Raises Property Tax Exemption for Seniors to 65%
Legislation S5175A/A3698A replaces the previous 50% maximum percentage of exemption local governments have been able to offer income-eligible seniors. Continue Reading New York State Raises Property Tax Exemption for Seniors to 65%
Commercial/Multifamily Borrowing Surged During Q3
Commercial and multifamily mortgage loan originations during the third quarter were up by 18% from the previous quarter and up 36% year-over-year, according to data from the Mortgage Bankers Association (MBA). Originations for office, retail, hotel, and multifamily...
Denver Broncos Submit Preliminary Plan for New Stadium
The Denver Broncos has submitted a large development review pre-application to the City of Denver that details its preliminary plans for redeveloping a 58-acre former railroad yard as the preferred site of its new stadium. Included in the pre-application is a...
David Saavedra Named CEO at the New Mexico Association of Realtors
The New Mexico Association of Realtors (NMAR) has appointed David Saavedra as its new CEO. Saavedra served as interim CEO since July. According to the Albuquerque Journal, Saaverda is NMAR’s fourth CEO in two-and-a-half years, following Rob Wigton’s six months of...
NEWS & CURRENT EVENTS
Report: 15% of Home Purchase Agreements Canceled in September
San Francisco, New York’s Nassau County (Long Island) and San Jose had the lowest shares of contract cancellations in September, under 7% each. Continue Reading Report: 15% of Home Purchase Agreements Canceled in September
Mortgage Application Activity Declines for Fourth Straight Week
The Refinance Index increased by 4% and was 81% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines for Fourth Straight Week
REcore Solutions Sues Homes.com and CoStar Group Over Unpaid Licensing Fees
REcore said it would terminate the Homes.com and HomesPro data feeds containing listing records for the CRMLS as of Nov. 1. Continue Reading REcore Solutions Sues Homes.com and CoStar Group Over Unpaid Licensing Fees
eXp Realty Launches Division Aimed at Sports and Entertainment Clients
The new eXp Sports & Entertainment will be part of eXp Luxury. Continue Reading eXp Realty Launches Division Aimed at Sports and Entertainment Clients
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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.
Sen. Warren Blasts FHFA’s Pulte for ‘Abnormal’ Behavior
“Your job is to manage FHFA, oversee our nation’s mortgage market, and lower costs for American families–full stop,” Warren wrote. Continue Reading Sen. Warren Blasts FHFA’s Pulte for ‘Abnormal’ Behavior
Report: Opening Federal Land for Development Will Not Solve Basic Housing Shortage Problems
Approximately 640 million acres of land are federal owned, accounting for nearly one-quarter of the nation’s landmass. Continue Reading Report: Opening Federal Land for Development Will Not Solve Basic Housing Shortage Problems
Bette Davis’ Maine Estate Listed for $15 Million
The property last changed hands in 2016 for $3.75 million. Continue Reading Bette Davis’ Maine Estate Listed for $15 Million
DC Man Sentenced for Stealing Homes with Fraudulent Deeds
Jeffrey M. Young-Bey was found guilty by a jury on Feb.12, 2024, on 12 federal charges. Continue Reading DC Man Sentenced for Stealing Homes with Fraudulent Deeds
‘Bachelorette’ Star Tyler Cameron Joins Ryan Serhant’s Brokerage
Serhant planned to include Cameron in the third season of his “Owning Manhattan” series. Continue Reading ‘Bachelorette’ Star Tyler Cameron Joins Ryan Serhant’s Brokerage
Brenda Buchanan Named CEO of Real Estate Council of Ontario
Buchanan served as the interim CEO following the February retirement of Michael Beard. Continue Reading Brenda Buchanan Named CEO of Real Estate Council of Ontario
Report: Nearly 15% of Home Sale Agreements Canceled in June
acksonville, Florida, led the nation with more than one in five (21.4%) home purchase agreements getting canceled in June. Continue Reading Report: Nearly 15% of Home Sale Agreements Canceled in June
Developer to Accept Cryptocurrency Purchases in Florida Community
“We believe that the future of real estate involves both sustainability and innovation,” said Marshall Gobuty, founder and CEO of Pearl Homes. Continue Reading Developer to Accept Cryptocurrency Purchases in Florida Community
Ohio House Overides Gov. DeWine’s Vetoes on Property Tax Reforms
Ohio’s Senate has not set a date for the consideration of overriding the governor’s votes. Continue Reading Ohio House Overides Gov. DeWine’s Vetoes on Property Tax Reforms
Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low
Redfin reported new listings of homes for sale fell 3.2% in June to the lowest seasonally adjusted level since October 2023. Continue Reading Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low
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