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Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
“This is something no elected official wants to do, but it is the responsible thing to do,” Councilor Barbara Warwick said in a statement. Continue Reading Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
“This is something no elected official wants to do, but it is the responsible thing to do,” Councilor Barbara Warwick said in a statement. Continue Reading Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
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
A Phil Hall Op-Ed: Bill Pulte’s Curious Benevolence
The size and the destination of the FHFA director’s donation is unknown. Continue Reading A Phil Hall Op-Ed: Bill Pulte’s Curious Benevolence
Mountain Lakes Board of Realtors Joins Hive MLS
“We believe in working together while staying true to who we are,” said Kathleen Simmons, association executive at MLBOR. Continue Reading Mountain Lakes Board of Realtors Joins Hive MLS
Toys R Us to Open New Wave of Flagship and Seasonal Stores
20 locations are either currently open or will soon open on a seasonal basis at malls in 17 states. Continue Reading Toys R Us to Open New Wave of Flagship and Seasonal Stores
Compass Unveils Buyer Demand, a Proprietary Tool for Real-Time Market Insight
The company said the tool will enable agents and their clients to identify dynamics across different price points. Continue Reading Compass Unveils Buyer Demand, a Proprietary Tool for Real-Time Market Insight
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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.
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
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
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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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