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Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
The university cannot receive public funding for this endeavor unless it specifically requests an appropriation from the state. Continue Reading Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
The university cannot receive public funding for this endeavor unless it specifically requests an appropriation from the state. Continue Reading Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
Report: Sales of Newly Built Homes at 4-Year Low
Newly built homes accounted for 26.8% of single-family homes for sale nationwide in August, according to a new data report from Redfin. This is down from 28.2% one year ago and 30.6% two years prior, and it also marked the lowest level in four years. Redfin attributed...
Mortgage Application Activity Rebounds After 4 Weeks in Decline
After four consecutive weeks of declining momentum, mortgage application activity perked up for the week ending Oct. 24, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
Another property tax relief proposal has been put forth in the Florida legislature, this time with the goal to eliminate nearly all property taxied levied across the state. Newsweek reports State Rep. Kevin Steele, a Republican, has offered HJR 201, which would exempt...
NEWS & CURRENT EVENTS
Study: 20% of California Residents Worried About Covering Housing Costs
The survey found 15.6% of adults taking on an additional job or more work at their current job to cover their housing costs. Continue Reading Study: 20% of California Residents Worried About Covering Housing Costs
Q3 Foreclosure Filings Up 17% Year-Over-Year
One in every 1,402 housing units had a foreclosure filing in the third quarter. Continue Reading Q3 Foreclosure Filings Up 17% Year-Over-Year
Leadership Shake-Up at Legacy Housing Corporation
Company co-founder and Chairman Kenny Shipley will serve as interim CEO. Continue Reading Leadership Shake-Up at Legacy Housing Corporation
Report: Apartment Rents Down Slightly in September
All regions posted month-over-month rent declines in September, most notably in the West with a -0.5% tumble. Continue Reading Report: Apartment Rents Down Slightly in September
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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.
Rocket Companies Completes Acquisition of Redfin
Redfin has adopted a new brand identity as “Redfin Powered by Rocket.” Continue Reading Rocket Companies Completes Acquisition of Redfin
Ohio Gov. DeWine Approves Public Funds for Cleveland Browns’ New Stadium
Former Ohio Attorney General and State Senator Marc Dann is planning to sue to stop the funds transfer to the Browns. Continue Reading Ohio Gov. DeWine Approves Public Funds for Cleveland Browns’ New Stadium
BBG Launches Data Center Specialty Practice
Christopher M. Fudacz, formerly the national data center practice leader at CBRE (NYSE: CBRE), has joined BBG as senior managing director to lead the new practice. Continue Reading BBG Launches Data Center Specialty Practice
California’s Environmental Law Rewritten to Create More Housing
“This is the most consequential housing reform in modern history in the state of California,” said Gov. Newsom. Continue Reading California’s Environmental Law Rewritten to Create More Housing
NYC Panel Approves Hike on Rent-Stabilized Apartments of Up to 4.5%
The rent hikes exceeded the levels sought by Mayor Eric Adams. Continue Reading NYC Panel Approves Hike on Rent-Stabilized Apartments of Up to 4.5%
CMBS Delinquency Rate Rises to 7.13%; Office Sector Delinquency at New Record High
One year ago, the CMBS delinquency rate was 5.35%. Continue Reading CMBS Delinquency Rate Rises to 7.13%; Office Sector Delinquency at New Record High
Florida Gov. DeSantis Vetoes Bill for $1 Million Study on Ending Property Tax
“We know what needs to be done, so let’s just do it,” said DeSantis. “And we will do it.” Continue Reading Florida Gov. DeSantis Vetoes Bill for $1 Million Study on Ending Property Tax
Cathie Wood Praises FHFA Directive on Cryptocurrencies in Housing Policy
Wood said the FHFA directive “could bolster both crypto and housing significantly.” Continue Reading Cathie Wood Praises FHFA Directive on Cryptocurrencies in Housing Policy
Doron Netanel Named CEO at Commodore Construction
Netanel most recently served as chief financial officer with international construction company Electra USA. Continue Reading Doron Netanel Named CEO at Commodore Construction
Proposed Australian Law Would Require Disclosures on AI-Altered Listing Photos
“Being misled into visiting a property that is not suitable is frustrating for prospective tenants and may mean they miss out on other properties,” said Leo Patterson Ross, president of the Tenants Union of NSW. Continue Reading Proposed Australian Law Would Require Disclosures on AI-Altered Listing Photos
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