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Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
Report: Roughly 2.8% of the National Housing Inventory Changed Hands This Year
A mere 28 out of every 1,000 homes changed hands this year, which covers 2.77% of the national housing inventory. That is down slightly from last year’s 2.78% share, and it is the lowest turnover rate in at least 30 years. According to a data report from Redfin, the...
The Shops at Laguna, California Shopping Center, Sells for $19.1 Million
The Shops at Laguna Reserve, a 33,308-square-foot, fully leased shopping center in Elk Grove, California, has sold for $19.1 million. The property encompasses four parcels totaling 4.16 acres. Six pad buildings were constructed in 2005, and the center is shadow...
Fed to Reduce Staff in Banking Supervision Group by 30%
The Federal Reserve is enacting a 30% staff reduction in its division focused on banking supervision. The job cuts were detailed in an internal memo viewed by The Wall Street Journal – the Federal Reserve has not made any public statement on its layoffs, which would...
NEWS & CURRENT EVENTS
Start-Up Feesback Debuts Lead Platform with 50% Cashback on Real Estate Commissions
The company is currently running a pilot program in New York City. Continue Reading Start-Up Feesback Debuts Lead Platform with 50% Cashback on Real Estate Commissions
Mortgage Application Activity Slows Again
The FHA share of total applications increased to 20.5% from 18.5% the week prior while the VA share of total applications dropped to 14.9% from 16.3%. Continue Reading Mortgage Application Activity Slows Again
William Holden’s Palm Springs Estate Listed for $11 Million
The property, which was listed as a historic site by the City of Palm Springs in 2018, last sold in 2017 for $3.4 million. Continue Reading William Holden’s Palm Springs Estate Listed for $11 Million
Florida Lawmaker Proposes $1,000/Year Property Tax Rebate for Next 5 Years
The rebates would be administered by the Florida Department of Financial Services. Continue Reading Florida Lawmaker Proposes $1,000/Year Property Tax Rebate for Next 5 Years
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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.
Refinancing Fuels Upswing in Mortgage Application Activity
The Refinance Index increased 7% from the previous week and was 40% higher than the same week one year ago. Continue Reading Refinancing Fuels Upswing in Mortgage Application Activity
New Oregon Agency to Bolster State’s Housing Production
“My North Star is for every Oregonian to be able to afford a home,” said Gov. Tina Kotek in a statement. Continue Reading New Oregon Agency to Bolster State’s Housing Production
Florida Man Sentenced for Hijacking Company’s Control to Commit Real Estate Fraud Scams
Robert Houston fraudulently claimed control of Sarasota-based Glenco Properties in 2022 with the Florida Division of Corporations. Continue Reading Florida Man Sentenced for Hijacking Company’s Control to Commit Real Estate Fraud Scams
NAR, MBA Praise Senate-Amended Passage of One Big Beautiful Bill
The bill will now go back to the House of Representatives for a reconciliation process. Continue Reading NAR, MBA Praise Senate-Amended Passage of One Big Beautiful Bill
Report: US Laundry Appliances Market to Reach $9.79 Billion by 2030
Upgraded appliance design that incorporates smart technology – including advanced sensors and Internet of Things capabilities – will further improve the user experience. Continue Reading Report: US Laundry Appliances Market to Reach $9.79 Billion by 2030
Missouri to Host Public Meetings to Discuss Property Tax Reform
Six public meetings will be held from mid-July through early September. Continue Reading Missouri to Host Public Meetings to Discuss Property Tax Reform
Tech Trends: Upgraded Tools of the Trade
This week’s Tech Trends round-up highlights upgraded tools designed to make life easier for homeowners, lenders and real estate professionals. Continue Reading Tech Trends: Upgraded Tools of the Trade
Mauricio Umansky Revives Lawsuit Against NAR’s Clear Cooperation Policy
NAR did not immediately comment on Umansky’s lawsuit. Continue Reading Mauricio Umansky Revives Lawsuit Against NAR’s Clear Cooperation Policy
Black Opal Insurance Unveils New Platform for Real Estate Investors
“Our model is built on speed, specialization, and respect for the investor and the agent,” said company founder Hayden Dyer. Continue Reading Black Opal Insurance Unveils New Platform for Real Estate Investors
License Classroom Expands Real Estate Education Offerings to 3 More States
“We’ve worked hard to build a reputation for quality, affordability, and convenience,” said Richie Gill, founder of License Classroom. Continue Reading License Classroom Expands Real Estate Education Offerings to 3 More States
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