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Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
“We have to see what the numbers look like,” said Gov. Kim Reynolds. Continue Reading Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
“We have to see what the numbers look like,” said Gov. Kim Reynolds. Continue Reading Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
Report: HUD Lays Off Nearly 500 Employees
The Department of Housing and Urban Development (HUD) has alerted nearly 500 employees that they will be laid off in December. Bloomberg reports the termination notices were sent last week, with most of the layoffs based in HUD’s Office of Fair Housing and Equal...
Texas Veterans Seek Expanded Property Tax Relief for Purple Heart Recipients
A veterans group in Corpus Christi, Texas, are seeking to revive legislation that would offer full property tax exemptions to all Purple Heart recipients in their state, even if they do not meet the Department of Veterans Affairs’ 100% disability threshold. KRISTV.com...
Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
A new survey of Gen Z Americans found one in five (16%) members of this youthful demographic declaring housing affordability to be one of their greatest concerns in life. The new Realtor.com survey, which polled 1,000 adults between the ages of 18-27, found 82% of...
NEWS & CURRENT EVENTS
California Home Sales Edged Up During August
The statewide median home price hit $899,140 in August, up by 1.7% from the prior month and up 1.2% from one year before. Continue Reading California Home Sales Edged Up During August
Pennsylvania Home Sales Hold Steady
The median home sales price rose 6.4% to $319,250 in August, up from $300,000 one year earlier. Continue Reading Pennsylvania Home Sales Hold Steady
Matthew Abrusci Named EVP and General Counsel at Freddie Mac
He was previously general counsel at Mitsubishi UFJ Financial Group (MUFG) Americas. Continue Reading Matthew Abrusci Named EVP and General Counsel at Freddie Mac
Housing Supply Drops to 2-Year Low
Redfin attributed the decline to sellers responding to sluggish homebuyer activity, with sales far below pre-pandemic levels. Continue Reading Housing Supply Drops to 2-Year Low
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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.
Builder Confidence in Multifamily Market Down in Q1
“Construction costs, regulatory barriers and financing are the main headwinds right now,” said NAHB Debra Guerrero. Continue Reading Builder Confidence in Multifamily Market Down in Q1
Mortgage Credit Availability Holds Steady
“Overall levels of credit supply remain tight but have generally grown since 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Holds Steady
Alexander Brothers Face Wider Indictments in Sex Trafficking Case
The brothers’ defense lawyers rebuked the charges. Continue Reading Alexander Brothers Face Wider Indictments in Sex Trafficking Case
FirstService Residential Acquires Core Real Estate Group
The financial terms of the deal were not disclosed. Continue Reading FirstService Residential Acquires Core Real Estate Group
Mortgage Fraud Criminal Probe Opened Against NY AG Letitia James
James called the allegations “baseless” and claimed it was part of President Trump’s “revenge tour.” Continue Reading Mortgage Fraud Criminal Probe Opened Against NY AG Letitia James
Hilltop Residential Launches Multifamily Development Division
The company has appointed Eric Overton as managing partner of Hilltop Residential Development. Continue Reading Hilltop Residential Launches Multifamily Development Division
Second Home Mortgage Origination at 7-Year Low
Demand for vacation homes is falling fastest in Florida. Continue Reading Second Home Mortgage Origination at 7-Year Low
LPT Holdings Debuts Aperture Global Real Estate as Luxury Brand
The new brand is being rolled out in 15 states and four international cities. Continue Reading LPT Holdings Debuts Aperture Global Real Estate as Luxury Brand
Mortgage Rates Remain Flat
Sam Khater, Freddie Mac’s chief economist, noted that “rates are lower and have remained stable for weeks.” Continue Reading Mortgage Rates Remain Flat
NAR: Q1 Home Prices Up in 83% of Metro Markets
“Most metro markets continue to set new record highs for home prices,” said NAR Chief Economist Lawrence Yun. Continue Reading NAR: Q1 Home Prices Up in 83% of Metro Markets
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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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