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CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court
“CoStar is focused on a fast, fair decision to remedy Zillow’s mass infringement of nearly 50,000 images,” said general counsel Gene Boxer. Continue Reading CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court
CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court
“CoStar is focused on a fast, fair decision to remedy Zillow’s mass infringement of nearly 50,000 images,” said general counsel Gene Boxer. Continue Reading CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court
Maine Home Sales Rise as Prices Ease
A total of 1,582 single-family existing homes were sold during September in Maine, a 5.12% increase from the 1,505 transactions that occurred one year earlier. According to data from the Maine Association of Realtors, the median sales price during September was...
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
An $8 billion Vantage data center planned for Port Washington, Wisconsin, could enjoy more than $450 million in local property tax breaks plus an exemption from state sales taxes. The Center Square reports the proposed facility is estimated to be valued at over $2.1...
Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
Do you recall the TV sitcom “The Jeffersons” with a family that was “moving on up to a deluxe apartment in the sky”? Well, the Saudi Arabian organizers of the 2034 World Cup are going one better – they’re moving on up to a deluxe soccer stadium in the sky. AS USA...
NEWS & CURRENT EVENTS
Toll Brothers Previews New Austin-Area Luxury Community
Homes are anticipated to be priced from $1 million. Continue Reading Toll Brothers Previews New Austin-Area Luxury Community
UMH Properties Acquires Georgia Manufactured Home Community for $2.6 Million
The 43-acre community contains 130 developed homesites, of which 32% are occupied. Continue Reading UMH Properties Acquires Georgia Manufactured Home Community for $2.6 Million
Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
In August, total US consumer debt totaled $17.91 trillion, up 2.1% year-over-year. Continue Reading Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
eXp Realty Launches UK Commercial Division
eXp Realty now has the first agent-powered platform in the UK to offer both residential and commercial services under a single model. Continue Reading eXp Realty Launches UK Commercial Division
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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 Records Declines in Home Sales and Prices
The statewide median sales price for single-family existing homes last month was $415,000, down 2.7% from the previous year. Continue Reading Florida Records Declines in Home Sales and Prices
New York State Home Sales Down 11% Despite Increase in Listings
The median sales price in New York State for May was $436,000, up 3.8% from the $420,000 price set one year earlier. Continue Reading New York State Home Sales Down 11% Despite Increase in Listings
Fed’s Bowman Open to Supporting July Rate Cut
Bowman follows Fed Governor Christopher Waller, who stated last Friday that the central bank was “in the position” to enact a rate cut “as early as July.” Continue Reading Fed’s Bowman Open to Supporting July Rate Cut
Connecticut Governor Vetoes Affordable Housing Bill
“I’m not happy with the local red tape, but I want the towns to take the lead,” said Gov. Ned Lamont. Continue Reading Connecticut Governor Vetoes Affordable Housing Bill
Compass Sues Zillow Over ‘Anticompetitive’ Ban on Private Listings
“No one company should have the power to ban agents or listings simply because they don’t follow that company’s business model,” said Compass CEO Robert Reffkin. Continue Reading Compass Sues Zillow Over ‘Anticompetitive’ Ban on Private Listings
Existing Home Sales Up in May
The median existing home price for May was $422,800, up 1.3% from the $417,200 price set one year earlier. Continue Reading Existing Home Sales Up in May
Pennsylvania Governor Declines to Rule Out Using Public Funds for New NFL Stadiums
“I’m very worried about the overall budget,” Shapiro said. Continue Reading Pennsylvania Governor Declines to Rule Out Using Public Funds for New NFL Stadiums
Arrest Made in Hit-and-Run Death of ‘Million Dollar Beach House’ Agent Sara Burack
Amanda Kempton faces seven years in prison on a felony charge of leaving the scene of a motor vehicle accident in which there is a fatality. Continue Reading Arrest Made in Hit-and-Run Death of ‘Million Dollar Beach House’ Agent Sara Burack
Kroger to Close 60 Stores Over the Next 18 Months
Kroger operates 2,730 stores in 35 states and the District of Columbia under multiple brands. Continue Reading Kroger to Close 60 Stores Over the Next 18 Months
Joseph Canizaro, Prominent New Orleans Developer, Dies at 88
Former New Orleans Mayor Marc Morial praised Canizaro as “one of the most influential and impactful New Orleanians of the past 50 years.” Continue Reading Joseph Canizaro, Prominent New Orleans Developer, Dies at 88
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