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North Carolina House Leader Creates Committee to Devise Property Tax Reforms
A recent study from the Tax Foundation ranked North Carolina 36th highest property taxes in the nation. Continue Reading North Carolina House Leader Creates Committee to Devise Property Tax Reforms
North Carolina House Leader Creates Committee to Devise Property Tax Reforms
A recent study from the Tax Foundation ranked North Carolina 36th highest property taxes in the nation. Continue Reading North Carolina House Leader Creates Committee to Devise Property Tax Reforms
Mortgage Rates Inch Up Again
Mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6, up from last week when it averaged 6.17%. A year ago at this time, it averaged 6.79%. The...
Foundation Mortgage Names Samuel Bjelac as SVP for National Sales, TPO
Miami Beach-based Foundation Mortgage has hired Samuel Bjelac as senior vice president, national sales, third-party origination. Bjelac most recently served in the same position at Carrington Mortgage Services. Previously, he held senior leadership roles at...
Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Investors are continuing to make their impact felt in both high-end and affordable housing markets, according to Realtor.com's Investor Report Mid-Year Update. While overall home sales declined 4.2% year-over-year in the second quarter, investor purchases fell by only...
NEWS & CURRENT EVENTS
Grant Cardone: Andrew Cuomo Rejected My Help to Defeat Zohran Mamdani
Hedge fund executive Bill Ackman told Cardone, “We need you to help Andrew.” Continue Reading Grant Cardone: Andrew Cuomo Rejected My Help to Defeat Zohran Mamdani
Connecticut GOP Leaders Propose Historic Expansion of Property Tax Credits
Gov. Ned Lamont has yet to comment on the GOP proposal. Continue Reading Connecticut GOP Leaders Propose Historic Expansion of Property Tax Credits
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
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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.
Trump Praises Pulte, Refuting Media Reports on Problems with the FHFA Chief
The Wall Street Journal wrote that Pulte’s “attacks on Powell have irritated some senior administration officials.” Continue Reading Trump Praises Pulte, Refuting Media Reports on Problems with the FHFA Chief
Four Corners Property Trust Acquires 6 Novant Health Urgent Care Properties for $12 Million
The properties based in South Carolina and are corporate operated under long-term, triple net leases. Continue Reading Four Corners Property Trust Acquires 6 Novant Health Urgent Care Properties for $12 Million
Trump Threatens to Block Commanders’ Stadium Deal Over Team’s Name
“I may put a restriction on them that if they don’t change the name back to the original ‘Washington Redskins,'” Trump said. Continue Reading Trump Threatens to Block Commanders’ Stadium Deal Over Team’s Name
Peachtree Group Debuts $250 Million Special Situations Fund Focused on Hotel Market Dislocation
“This fund is about capitalizing on dislocation, not chaos,” said CEO Greg Friedman. Continue Reading Peachtree Group Debuts $250 Million Special Situations Fund Focused on Hotel Market Dislocation
Hits and Misses for the Real Estate Week of July 14-18
A spike in foreclosure filings, Ohio’s dueling property tax relief efforts, and a congressman facing eviction. Continue Reading Hits and Misses for the Real Estate Week of July 14-18
RE/MAX: Home Sales Up for Fifth Straight Month
June’s median sales price of $440,000 was a 2/8% increase from the prior month. Continue Reading RE/MAX: Home Sales Up for Fifth Straight Month
Q2 Home Sales in Texas Up 1.4%
The statewide median price was $340,000, down 1.4% from the same quarter last year. Continue Reading Q2 Home Sales in Texas Up 1.4%
New Legislation Seeks to Address Systemic Bias in Home Appraisals
Six Democratic senators cosponsored the bill. Continue Reading New Legislation Seeks to Address Systemic Bias in Home Appraisals
Utah Blocks Land Purchase Near Airport by Chinese Defense Contractor
“This isn’t just about one deal,” said Cox. Continue Reading Utah Blocks Land Purchase Near Airport by Chinese Defense Contractor
New Bipartisan Bill Seeks Government Support for ADU Construction
The lawmakers stated the construction of new ADUs is needed to address the national housing shortage. Continue Reading New Bipartisan Bill Seeks Government Support for ADU Construction
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