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New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
West purchased the property in 2021 for $57 million but left it unfinished after a highly publicized but ill-fated renovation project. Continue Reading New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
West purchased the property in 2021 for $57 million but left it unfinished after a highly publicized but ill-fated renovation project. Continue Reading New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
Realtor.com to Debut FlyAround, Offering 360-Degree Views of Properties
Realtor.com is planning to offer its users FlyAround, a new feature that leverages 3D Maps from Google Maps Platform that provides a 360-degree view of property listings. According to the company, FlyAround enables users to see lot dimensions, topography, and how a...
Mortgage Rates Drop for Fourth Straight Week
Mortgage rates continued their downward slide in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.17% as of Oct. 30, down from last week when it averaged 6.19%. A year ago at this time, it FRM...
DeSantis Continues Blasting Florida GOP on Multiple Property Tax Proposals
Florida Gov. Ron DeSantis has continued his criticism of the Republican-led House of Representatives for failing to present a single proposed constitutional amendment on property tax relief. Florida Phoenix reports DeSantis expressed disappointment with House Speaker...
NEWS & CURRENT EVENTS
Report: HUD Lays Off Nearly 500 Employees
The department did not make an official announcement of the layoffs. Continue Reading Report: HUD Lays Off Nearly 500 Employees
Texas Veterans Seek Expanded Property Tax Relief for Purple Heart Recipients
Under Texas law, only veterans with a 100% VA disability rating can receive a full exemption from property taxes. Continue Reading Texas Veterans Seek Expanded Property Tax Relief for Purple Heart Recipients
Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Only 36% believed they had the financial wherewithal for that responsibility. Continue Reading Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Florida Court Halts Property Transfer for Trump Presidential Library
County appraisers estimate the parcel is worth more than $67 million. Continue Reading Florida Court Halts Property Transfer for Trump Presidential Library
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Realtors Sought for New Reality TV Series on Southwest Desert Markets
JS Casting has posted a casting call for “realtors with desert living expertise” for a new unscripted real estate series. Continue Reading Realtors Sought for New Reality TV Series on Southwest Desert Markets
Florida Congressman Faces Eviction from DC Penthouse for Nonpayment of Rent
Rep. Cory Mills called reporter Roger Sollenberger a “biased hack.” Continue Reading Florida Congressman Faces Eviction from DC Penthouse for Nonpayment of Rent
Founders Development Company Unveils New Texas Multifamily Development
The project will be a mixed-use project featuring townhomes, build-to-rent homes, retail, restaurants, a hotel, and a medical center. Continue Reading Founders Development Company Unveils New Texas Multifamily Development
Doorvest Announces Acquisition of Wreno
The financial aspects of the deal were not disclosed. Continue Reading Doorvest Announces Acquisition of Wreno
Zillow Unveils 5 New Features to Improve User Friendliness
All five features are now live nationwide on Zillow’s website and mobile apps. Continue Reading Zillow Unveils 5 New Features to Improve User Friendliness
CertifID Raises $47.5 Million in Series C Funding
Arthur Ventures, which previously led their Series A $12.5M and Series B $20M rounds, participated in the new funding round. Continue Reading CertifID Raises $47.5 Million in Series C Funding
Report: Chicago Officials Failing to Alert Residents of Lead Risk in Drinking Water
A 2024 study determined two-thirds of Chicago children under 6 years old live in homes with tap water containing detectable levels of lead. Continue Reading Report: Chicago Officials Failing to Alert Residents of Lead Risk in Drinking Water
Foreign Purchases of American Homes Up 33%
Florida, California and Texas were the top destinations. Continue Reading Foreign Purchases of American Homes Up 33%
Realtor.com’s Parent Company Acquires Zenlist
The terms of the deal were not disclosed. Continue Reading Realtor.com’s Parent Company Acquires Zenlist
Mike Simonsen Named Chief Economist at Compass
Simonsen was previously the founder and CEO of Altos Research. Continue Reading Mike Simonsen Named Chief Economist at Compass
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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