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South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Property tax payments across the state increased by nearly 40% during the past four years. Continue Reading South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Property tax payments across the state increased by nearly 40% during the past four years. Continue Reading South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
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...
Florida House Speaker: DeSantis ‘Small and Petty’ with Property Tax Comments
The speaker of Florida’s House of Representatives fired back at comments made by Gov. Ron DeSantis over the legislature’s multiple proposals for property tax relief. The Tallahassee Democrat reports House Speaker Daniel Perez, a Republican, took umbrage over DeSantis’...
NEWS & CURRENT EVENTS
California Association of Realtors Launches Foundation to Unite Multiple Charitable Programs
PHH Mortgage Debuts FlexIQ Suite of Non-QM Products
FlexIQ will replace PHH’s previously offered Gold/Silver/Bronze non-QM programs. Continue Reading PHH Mortgage Debuts FlexIQ Suite of Non-QM Products
LendingTree Chairman and CEO Doug Lebda Dies in ATV Accident
Lebda founded LendingTree in 1996 after going through difficulties trying to secure his first mortgage. Continue Reading LendingTree Chairman and CEO Doug Lebda Dies in ATV Accident
Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million
The estate provides 570 feet of shoreline along Geist Reservoir with a three-slip boat deck. Continue Reading Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million
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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.
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
FHFA’s Pulte Continues Attacks on Powell, Joined by Commerce Secretary Lutnick
“The United States of America is the greatest country in the world yet it has to suffer with the highest interest rates of any first class country,” Lutnick wrote. Continue Reading FHFA’s Pulte Continues Attacks on Powell, Joined by Commerce Secretary Lutnick
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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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