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Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
Mamdani will be trading in his one-bedroom, $2,300 a month rent-stabilized apartment for the rent-free, five-bedroom mansion. Continue Reading Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
Mamdani will be trading in his one-bedroom, $2,300 a month rent-stabilized apartment for the rent-free, five-bedroom mansion. Continue Reading Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
New York State Launches Housing Accelerator Fund
New York Gov. Kathy Hochul has unveiled the Housing Acceleration Fund, a $215 million program designed to speed up construction of shovel-ready mixed-income residential projects across her state. The new fund will be administered by New York State Homes and Community...
Joint Venture Acquires Sotherly Hotels REIT
The real estate investment trust Sotherly Hotels Inc. (NASDAQ: SOHO) announced that KW Kingfisher, a joint venture involving affiliates of Kemmons Wilson Hospitality Partners LP (KHWP) and Ascendant Capital Partners LP, will acquire all outstanding shares of Sotherly...
Beeline Announces First Blockchain-Recorded Home Equity Transactions
The Providence, Rhode Island-based digital mortgage lender Beeline Holdings Inc. (NASDAQ: BLNE) announced that its subsidiary Beeline Loans Inc. completed the first round of blockchain-recorded BeelineEquity transactions, making it the first US platform to tokenize...
NEWS & CURRENT EVENTS
Report: 72% More Condo Sellers Than Buyers
This marked the fifth straight month in which there have been at least 70% more condo sellers than buyers. Continue Reading Report: 72% More Condo Sellers Than Buyers
Massachusetts Real Estate Broker Indicted on Embezzlement Charges
Stephen D. Webster admitted in court that the charges brought against him were “basically accurate.” Continue Reading Massachusetts Real Estate Broker Indicted on Embezzlement Charges
Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio
The convenience stores in this portfolio have an average of more than 8,000 square feet. Continue Reading Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio
Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes
Paxton contacted officials in La Marque, Odessa, Tom Bean and Whitesboro. Continue Reading Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes
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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.
Coldwell Banker Expands Presence to Belgium
The office is located in Uccle, an upscale neighborhood in the Belgian capital of Brussels. Continue Reading Coldwell Banker Expands Presence to Belgium
Beeline Launches Stablecoin-Backed Home Equity Product
Beta transactions starting this month and an official rollout is scheduled for late July. Continue Reading Beeline Launches Stablecoin-Backed Home Equity Product
New Bill Would Eliminate Property Taxes for Maine’s Seniors
Property tax rates in Maine average 1.17%, above the national average of 0.9%. Continue Reading New Bill Would Eliminate Property Taxes for Maine’s Seniors
Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Southern metro areas have seen the most significant growth in wealthy renters. Continue Reading Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Mortgage Application Activity Slows for Third Straight Week
Among the federal programs, the FHA share of total applications increased to 18.7% from 17.9% the week prior. Continue Reading Mortgage Application Activity Slows for Third Straight Week
Richmond American Homes to Build New Community in Jacksonville
Laurelton will feature single- and two-story homes priced from the $400,000s. Continue Reading Richmond American Homes to Build New Community in Jacksonville
Toronto Home Sales Down 13.3% From One Year Ago
The average selling price of $1.12 million was 4% below the level set one year before. Continue Reading Toronto Home Sales Down 13.3% From One Year Ago
NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
“Mortgage rates are the magic bullet, and we’re waiting and waiting until those come down,” said Lawrence Yun. Continue Reading NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
Utah’s Largest Mansion Goes Up for Auction This Week
The residence includes a dining room table that can seat up to 42 people and a home theater that can accommodate up to 62 movie lovers. Continue Reading Utah’s Largest Mansion Goes Up for Auction This Week
North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
The county’s budget includes pay raises from 1% to 3.5% for 5,000 public employees. Continue Reading North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
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