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Starter Home Sales Up Nearly 5%
The typical starter home price rose 2% year-over-year to $260,000 in October. Continue Reading Starter Home Sales Up Nearly 5%
Starter Home Sales Up Nearly 5%
The typical starter home price rose 2% year-over-year to $260,000 in October. Continue Reading Starter Home Sales Up Nearly 5%
Florida City Gives Preliminary Approval to 6,000-Seat Soccer Stadium
The City Council of Port St. Lucie, Florida, unanimously voted to extend preliminary approval to an operating agreement for a new 6,000-seat professional soccer stadium. Treasure Coast News reports the council’s vote ignored a petition drive by city residents who...
Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
A new data report from ATTOM has determined that 46.1% of mortgaged residential properties were equity-rich during the third quarter, down from 47.4% in the second quarter and from 48.3% in the third quarter of 2024. This occurred even though the national median home...
Pennsylvania Home Sales Up 10% Year-Over-Year
Pennsylvania recorded 10,696 home sales during September, a nearly 10% year-over-year surge. However, sales were down slightly from the 11,470 transactions in August. According to the Pennsylvania Association of Realtors (PAR), there were more than 43,000 homes on the...
NEWS & CURRENT EVENTS
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%
NAR Warns of Disruptions to NFIP if Government Shutdown Drags On
NAR noted that the shutdown has resulted in the halting of NFIP’s authority to issue new policies. Continue Reading NAR Warns of Disruptions to NFIP if Government Shutdown Drags On
New ATTOM Tool Identifies True Owners Controlling Properties
“Property ownership has gotten more complex, and public records do not always tell the full story,” said ATTOM’s Todd Teta. Continue Reading New ATTOM Tool Identifies True Owners Controlling Properties
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$3.5 Billion Montreal Mixed-Use Development to Include 7,000 Residential Units
Groupe Mach has unveiled its plans for the Langelier project, a $3.5 billion mixed-used development in Montreal that will encompass 7,000 residential units. The 1.45 million-square-foot project will encompass 5,700 market-rate residential units, 1,300 social and...
Investors Say ‘No, Thanks!’ to Buying Condos
While investors are shying away from condos, they are continuing to pursue single-family homes. Continue Reading Investors Say ‘No, Thanks!’ to Buying Condos
Mortgage Application Activity Drops as Home Prices Rise
The first quarter home prices were up on a year-over-year basis in 49 states and the District of Columbia; Hawaii was the lone state with a price decline. Continue Reading Mortgage Application Activity Drops as Home Prices Rise
Buffalo Council Approves 8% Property Tax Hike
Acting Mayor Scanlon put forth the 8% property tax levy increase proposal last month, claiming it would generate around $13.7 million. Continue Reading Buffalo Council Approves 8% Property Tax Hike
Trump Says He Will Take Fannie Mae and Freddie Mac Public
Trump did not provide a timeline or details for this endeavor. Continue Reading Trump Says He Will Take Fannie Mae and Freddie Mac Public
Greece Considers Penalty Tax on Property Owners of Vacant Homes
Among the European Union nations, Greece has the highest percentage of its population burdened by excessive housing costs. Continue Reading Greece Considers Penalty Tax on Property Owners of Vacant Homes
Hundreds of LA Wildfire Victims Not Receiving Aid Due to Loss of Mailing Addresses
“Getting relief into the hands of wildfire victims is a top priority for our Office,” said County Assessor Jeff Prang. Continue Reading Hundreds of LA Wildfire Victims Not Receiving Aid Due to Loss of Mailing Addresses
Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million
The nine facilities are comprised of 686 licensed beds. Continue Reading Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million
Luxury Home Prices Rise While Pending Sales Activity Slows
In comparison, non-luxury home prices grew 4.1% to a record high median of $374,598. Continue Reading Luxury Home Prices Rise While Pending Sales Activity Slows
California Developer Charged by DOJ and SEC with Defrauding Investors
The DOJ stated that a federal grand jury charged Kenneth W. Mattson with wire fraud, money laundering, and obstruction of justice. Continue Reading California Developer Charged by DOJ and SEC with Defrauding Investors
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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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