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Boston Mayor Says Residential Property Taxes Rising 13% in 2026
More than 70% of Boston’s $4.6 billion budget comes from property taxes, primarily from commercial real estate. Continue Reading Boston Mayor Says Residential Property Taxes Rising 13% in 2026
Boston Mayor Says Residential Property Taxes Rising 13% in 2026
More than 70% of Boston’s $4.6 billion budget comes from property taxes, primarily from commercial real estate. Continue Reading Boston Mayor Says Residential Property Taxes Rising 13% in 2026
Leadership Changes Announced at Fannie Mae
Fannie Mae (OTCQB: FNMA) announced the appointment of Chief Operating Officer Peter Akwaboah as acting CEO. He replaces Priscilla Almodovar, who served as chief executive since her appointment by then-President Biden in 2022 and took on the additional title of...
ENRG Realty Begins Operations in Hawaii
Seattle-headquartered ENRG Realty has announced its expansion into the Hawaiian market. Maui-based Gina Duncan was named the company’s designated broker for Hawaii. Duncan, who ran her own brokerage for 10 years, is a co-founder of the Asian Real Estate Association of...
Keller Williams Expands Into Qatar
Keller Williams Realty LLC (KW) has expanded its Middle East presence with a new master franchise in Qatar. The new franchise is led by Regional Operating Principal Muhammad Usman Saeed, who brings over 15 years of experience in the Qatari real estate market. This is...
NEWS & CURRENT EVENTS
Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties
“Climate risk is a reality today, not tomorrow,” said Matthew Eby, founder and CEO of First Street. Continue Reading Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties
Acting FDIC Chairman Travis Hill Nominated for Permanent Role
Hill has been serving as acting chairman since Jan. 20. Continue Reading Acting FDIC Chairman Travis Hill Nominated for Permanent Role
Supreme Court Rules Lisa Cook Can Stay at the Fed for Now
The court will hear the arguments in this case in January, and its ruling will remain in place until there is a final ruling. Continue Reading Supreme Court Rules Lisa Cook Can Stay at the Fed for Now
Mortgage Application Activity Drops by Nearly 13%
The Refinance Index plummeted by 21% from the previous week. Continue Reading Mortgage Application Activity Drops by Nearly 13%
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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.
Early 18th Century Brooklyn Farmhouse to Become Museum
The house was part of the Underground Railroad system that sheltered enslaved people fleeing from the South. Continue Reading Early 18th Century Brooklyn Farmhouse to Become Museum
Texas Legislature Passes Property Tax Relief Bills
The property tax relief bills are part of a 1,056-page, $338 billion two-year budget. Continue Reading Texas Legislature Passes Property Tax Relief Bills
Report: $17.6 Trillion in Q1 Home Equity
The new data report also found the average introductory rate on second lien HELOCs dropped below 7.5% in March. Continue Reading Report: $17.6 Trillion in Q1 Home Equity
US Housing Market Has Nearly $700 Billion in Listings, a Record High
This new record was achieved as the US housing supply soared 16.7% year-over-year to a five-year high. Continue Reading US Housing Market Has Nearly $700 Billion in Listings, a Record High
Realty One Group International Expands Into the Dominican Republic
This is the 27th country where the company has a presence. Continue Reading Realty One Group International Expands Into the Dominican Republic
6-Unit Connecticut Multifamily Property Sells for $2 Million
Company president Matt Cawley represented the seller and procured the buyer, a local real estate investor in the transaction. Continue Reading 6-Unit Connecticut Multifamily Property Sells for $2 Million
Egypt Unveils Plans for New City
Egyptian Prime Minister Moustafa Madbouli declared the project to be “an urban and development revolution” that will create 250,000 jobs. Continue Reading Egypt Unveils Plans for New City
Hits and Misses for the Real Estate Week of May 26-30
This week’s Hits and Misses include Gov. Ron DeSantis and Kim Reynolds, former Vice President Kamala Harris, and NAR’s newest executives. Continue Reading Hits and Misses for the Real Estate Week of May 26-30
CMBS Delinquency Rate Up by 5 Basis Points in May
The overall CMBS delinquent balance this month was $42.6 billion, up from $41.9 billion in April. Continue Reading CMBS Delinquency Rate Up by 5 Basis Points in May
Report: New Apartments Sitting Vacant for Months
Nearly 125,000 new apartments were completed in the fourth quarter, the second highest number on record. Continue Reading Report: New Apartments Sitting Vacant for Months
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