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Dollar General Plans to Open 450 New Stores
Dollar General said it opened 196 new stores in the third quarter. Continue Reading Dollar General Plans to Open 450 New Stores
Dollar General Plans to Open 450 New Stores
Dollar General said it opened 196 new stores in the third quarter. Continue Reading Dollar General Plans to Open 450 New Stores
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...
Mortgage Cadence Acquired by Enterprise Software Group PartnerOne
The enterprise software group PartnerOne entered into an agreement with Accenture to acquire Mortgage Cadence, a provider of cloud-based digital lending solutions. In a press statement, PartnerOne identified itself as a firm that “acquires software companies with...
Tel Aviv Stock Exchange to Launch New Index for Israel’s Top Real Estate Companies
The Tel Aviv Stock Exchange (TASE) announced a new equity index, the TA-Real Estate 35 index focused on Israel’s major real estate companies, will debut on Nov. 9. The index is restricted to the 35 largest real estate shares by market capitalization, selected from the...
NEWS & CURRENT EVENTS
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
Mortgage Application Activity Slows Down Again
Among the federal programs, the FHA share of total applications increased to 18.5% from 16.8% the week prior. Continue Reading Mortgage Application Activity Slows Down Again
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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.
Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Redfin attributed the drop in down payment levels to a slightly higher share of homebuyers using FHA and VA loans, which require lower down payments. Continue Reading Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Lizzo acquired the 0.32-acre property from singer Harry Styles in 2022 for $15 million. Continue Reading Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Historic San Francisco Theater to be Renovated and Reopened
Ted Gerike, founder of the Los Angeles cinema and bookstore Now Instant Image Hall, was hired as the theater’s creative director. Continue Reading Historic San Francisco Theater to be Renovated and Reopened
HUD and Ginnie Mae in Housing Finance Deal with South Korea
The agreement is designed to identify and remove barriers to public and private capital flows into housing finance systems, with an emphasis on long-term, stable investment. Continue Reading HUD and Ginnie Mae in Housing Finance Deal with South Korea
Virginia Homebuilders Partner on New Mortgage Lending Joint Venture
According to the companies, M2B Mortgage was created to “provide a more personalized, streamlined, and reliable lending experience.” Continue Reading Virginia Homebuilders Partner on New Mortgage Lending Joint Venture
Ex-Caltrain Employees Sentenced for Setting Up Unauthorized Apartments in Commuter Stations
The duo hired contractors to remodel former office spaces for their secret living quarters. Continue Reading Ex-Caltrain Employees Sentenced for Setting Up Unauthorized Apartments in Commuter Stations
Hits and Misses for the Real Estate Week of June 9-13
The closing of HUD’s Los Angeles field offices by the ongoing riots, Ohio lawmakers kowtowing to the Cleveland Browns, and a real estate agent who keeps selling at 100. Continue Reading Hits and Misses for the Real Estate Week of June 9-13
California Attorney General Sues Statewide Landlord, Citing Violations of Multiple Laws
The Nijjar family and their related companies own and manage over 22,000 rental housing units statewide. Continue Reading California Attorney General Sues Statewide Landlord, Citing Violations of Multiple Laws
Oakland’s Largest Hotel Going to a Foreclosure Auction
The property is the headquarters and practice facility of the WNBA’s Golden State Valkyries. Continue Reading Oakland’s Largest Hotel Going to a Foreclosure Auction
Fairway Independent Mortgage Acquires Hallmark Home Mortgage
The acquired company will become Hallmark Home Mortgage, Powered by Fairway. Continue Reading Fairway Independent Mortgage Acquires Hallmark Home Mortgage
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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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