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Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Ohio Mixed-Use Development Proposed for One-Time Negro League Ballpark
A long-vacant Ohio ballpark that was once home to Negro League baseball is being positioned as a site for a new mixed-use development. Ballpark Digest reports SPARC Holding LLC development firm, an affiliate of Arshot Investment Corporation, has presented a proposal...
SERHANT. Expands into Las Vegas Market
The luxury real estate brokerage SERHANT. has opened its first location in Las Vegas. The market will be led by Bill Oskilanec as managing broker of Nevada operations. Oskilanec has more than 20 years of real estate experience and was most recently director of...
Greystar Begins Pre-Leasing at New Pennsylvania Apartment Community
The real estate investment and development platform Greystar has begun pre-releasing on its latest apartment community, The Henry at Klein Mills in Elizabethtown, Pennsylvania. The Henry at Klein Mills offers one-, two- and three-bedroom layouts that range from 616...
NEWS & CURRENT EVENTS
Sales to Begin Next Month at Miami’s New Colette Residences
Pricing for the units begins at $3.3 million. Continue Reading Sales to Begin Next Month at Miami’s New Colette Residences
CoStar’s Matterport 3D Home Tours Removed from Zillow’s Platforms
Zillow (NASDAQ: Z, ZG) has announced that CoStar Group (NASDAQ: CSGP) declined to renew its API agreement that enables the use of its Matterport 3D home tour on the Zillow and StreetEasy platforms. Matterport was founded in 2011 and provides a 3D digital twin...
Survey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
More than one-third (35%) of millennials citing rising housing costs as the biggest obstacle to their retirement readiness. Continue Reading Survey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
Groundbreaking for $36 Million Mixed-Use Development in South Carolina
The community will include over 650 multifamily units and encompass more than 95 acres of commercial property. Continue Reading Groundbreaking for $36 Million Mixed-Use Development in South Carolina
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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.
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
Judge Axes CFPB’s Medical Debt Reporting Rule
US District Judge Sean Jordan stated the CFPB exceeded its’ authority by issuing the rule. Continue Reading Judge Axes CFPB’s Medical Debt Reporting Rule
Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments
The typical homebuyer’s down payment in 2024 was roughly $63,000, equal to 16.3% of the typical home-purchase price. Continue Reading Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments
Wall Street Journal Slams Trump-Pulte Housing Policies
“Now is not the time for the Administration to ease lending standards,” said the editors. Continue Reading Wall Street Journal Slams Trump-Pulte Housing Policies
Ohio’s Governor and Attorney General Pursue Rival Property Tax Reform Initiatives
“Ohioans are as angry as I’ve ever seen them – and rightly so,” Attorney General Dave Yost said. Continue Reading Ohio’s Governor and Attorney General Pursue Rival Property Tax Reform Initiatives
Court Overturns Mortgage Fraud Conviction of Ex-Baltimore State’s Attorney
Marilyn Mosby was Baltimore’s state’s attorney from 2015 to 2023. Continue Reading Court Overturns Mortgage Fraud Conviction of Ex-Baltimore State’s Attorney
13th Century English Manor (Complete with Moat) Now Listed for $4.38 Million
The grounds also include a 13th-century chapel and a two-bedroom lodge cottage. Continue Reading 13th Century English Manor (Complete with Moat) Now Listed for $4.38 Million
Bell Partners Names Sarah C. Young as CFO
Young previously served as CFO and senior managing director at Quarterra Group, a subsidiary of the homebuilder Lennar Corp. Continue Reading Bell Partners Names Sarah C. Young as CFO
Hits and Misses for the Real Estate Week of July 7-11
Gavin Newsom’s long-distance grant funding, a data access deal with three major MLSs, and investors hogging the homebuying market. Continue Reading Hits and Misses for the Real Estate Week of July 7-11
Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year
The real state real property tax rate has been reduced from 10.9 cents to 10.6 cents per $100 assessed value. Continue Reading Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year
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