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Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
REcore Solutions Drops Breach of Contract Lawsuit Against Homes.com and CoStar Group
The breach of contract lawsuit filed earlier this week by REcore Solutions LLC, a licensing services vendor working with multiple listing services and an offshoot of the California Regional Multiple Listing Service Inc. (CRMLS), against Homes.com and its parent...
Letitia James Seeks to Dismiss Mortgage Fraud Case, Citing Legality of Trump-Picked Prosecutor
New York Attorney General Letitia James is seeking to have her mortgage fraud indictment dismissed, citing the legality of newly appointed Lindsey Halligan as the prosecutor for the case. CNN reports James’ legal time submitted a two-page court filing that “challenges...
Submarine Manufacturer Acquires Mostly Vacant Connecticut Mall
General Dynamics Electric Boat, the submarine manufacturing division of the aerospace and defense contractor General Dynamics (NYSE: GD), today announced it has acquired nearly all the mostly vacant Crystal Mall in Waterford, Connecticut. The acquisition encompasses...
NEWS & CURRENT EVENTS
FCP Expands into Las Vegas with Apartment Community Acquisition
The financial terms of the deal were not disclosed. Continue Reading FCP Expands into Las Vegas with Apartment Community Acquisition
169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
CBRE represented the seller, an affiliate of First Atlantic, LLC, and procured the buyer, an affiliate of Heritage Housing Inc. Continue Reading 169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
Corcoran Group Announces First Franchise in New Mexico
The firm will serve clients across the New Mexico capital city and in the surrounding areas up to the Colorado border. Continue Reading Corcoran Group Announces First Franchise in New Mexico
Kendra Newman Named General Counsel at Keller Williams
Newman joined KW in August 2021 as vice president and deputy general counsel. Continue Reading Kendra Newman Named General Counsel at Keller Williams
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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.
Arrive Home Debuts New Iterations of Earned Equity Program
The new EEP Pathway designed for “ITIN and certain Visa statuses individuals who may be solid long-term renters looking to move on to homeownership.” Continue Reading Arrive Home Debuts New Iterations of Earned Equity Program
$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
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