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New Report Names Detroit as America’s Neediest City
“The city has the third-highest share of households lacking complete plumbing facilities and the 10th-highest share lacking complete kitchen facilities,” the report said. Continue Reading New Report Names Detroit as America’s Neediest City
New Report Names Detroit as America’s Neediest City
“The city has the third-highest share of households lacking complete plumbing facilities and the 10th-highest share lacking complete kitchen facilities,” the report said. Continue Reading New Report Names Detroit as America’s Neediest City
Washington Commanders Select Architect for New Stadium
The Washington Commanders selected the Dallas-based firm HKS as the lead architect for the team's new stadium. HKS is among the most prominent architecture firms for designing sports and entertainment destinations. The firm's NFL venues include SoFi Stadium in...
Redfin Debuts AI-Fueled Conversational Home Search Tool
Redfin has introduced an artificial intelligence (AI) tool that enables users to engage in a back-and-forth conversation with its platform on home searching. According to the company, users can describe what they want in their own words while following up on specific...
Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
A total of 36,766 residential properties in October had foreclosure filings— default notices, scheduled auctions or bank repossessions — up 3% from the prior month and up 19% from one year earlier. According to data from ATTOM, this marks the eighth consecutive month...
NEWS & CURRENT EVENTS
Pending Home Sales Flat in September
Month-over-month and year-over-year pending home sales were up in the Northeast and South but declined in the Midwest and West. Continue Reading Pending Home Sales Flat in September
Report: Sales of Newly Built Homes at 4-Year Low
“Builders are hesitant to start new projects because in today’s buyer’s market, it doesn’t make financial sense,” said Jesse Landin, a Redfin Premier agent in San Antonio. Continue Reading Report: Sales of Newly Built Homes at 4-Year Low
Mortgage Application Activity Rebounds After 4 Weeks in Decline
The Refinance Index increased by 9% and was also 111% higher than the same week one year ago. Continue Reading Mortgage Application Activity Rebounds After 4 Weeks in Decline
Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
The bill is now before the Select Committee on Property Taxes. Continue Reading Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
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Canada Invests $81.5 Million into New 159-Unit Development in Toronto
The nine-story development at 3101 Bathurst Street Vivant at Bedford Park will be developed by Medallion Corporation. Continue Reading Canada Invests $81.5 Million into New 159-Unit Development in Toronto
Thompson Thrift Endows $1.4 Million Gift to Indiana State University
Thompson Thrift noted that 15% of its team are counted among ISU alumni, including co-founders and CEOs Paul Thrift and John Thompson. Continue Reading Thompson Thrift Endows $1.4 Million Gift to Indiana State University
Florida Realtors Names Trey Goldman as SVP of Public Policy
Goldman was previously the Florida Realtors’ legislative counsel based in the Tallahassee public policy office. Continue Reading Florida Realtors Names Trey Goldman as SVP of Public Policy
Report: Dubai Brokers Closed Over 42,000 Transactions During 1H
Over 10,000 women are currently working as brokers in the emirate. Continue Reading Report: Dubai Brokers Closed Over 42,000 Transactions During 1H
Hits and Misses for the Real Estate Week of July 21-25
Cutting capital gains taxes on houses, cutting millions in consulting fees, and cutting out talk about property tax hikes. Continue Reading Hits and Misses for the Real Estate Week of July 21-25
Two Texas Realtor Organizations Announce Merger
MetroTex and CCAR officials said the unified body will result in a stronger legislative influence, reduce duplicated services, and bring down member costs. Continue Reading Two Texas Realtor Organizations Announce Merger
Luigi Favaro Named CEO of Ontario Real Estate Association
He replaces Tim Hudak, who stepped down last August. Continue Reading Luigi Favaro Named CEO of Ontario Real Estate Association
Texas AG Paxton Accuses Rival of Planting ‘Fake’ Story on Mortgage Fraud
“There will be accountability for this blatantly false story,” Paxton wrote online. Continue Reading Texas AG Paxton Accuses Rival of Planting ‘Fake’ Story on Mortgage Fraud
Flood Insurance Relief Legislation Reintroduced in Congress
The bill’s proposed deduction would not apply to individuals who have a gross income of more than $200,000 or $400,000 for joint filers. Continue Reading Flood Insurance Relief Legislation Reintroduced in Congress
Deltec Homes Debuts New Hurricane-Resistant Housing Model
“We set out to create a smaller home that delivers world-class resilience and a truly elevated living experience,” said Meg Gore, CEO of Deltec Homes. Continue Reading Deltec Homes Debuts New Hurricane-Resistant Housing Model
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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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