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Trump Pardons Ex-CEO of Oak View Group Indicted by His Justice Department
CNN reports Leiweke’s pardon was coordinated by Trey Gowdy, a former South Carolina congressman and Fox News host. Continue Reading Trump Pardons Ex-CEO of Oak View Group Indicted by His Justice Department
Trump Pardons Ex-CEO of Oak View Group Indicted by His Justice Department
CNN reports Leiweke’s pardon was coordinated by Trey Gowdy, a former South Carolina congressman and Fox News host. Continue Reading Trump Pardons Ex-CEO of Oak View Group Indicted by His Justice Department
CVS Pharmacy Completes Acquisition of Rite Aid Assets
CVS Pharmacy has completed its acquisition of select assets of the now-defunct Rite Aid pharmacy chain. According to the Woonsocket, Rhode Island-headquartered company, it is now operating 63 former Rite Aid and Bartell Drugs stores in Idaho, Oregon and Washington and...
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...
NEWS & CURRENT EVENTS
Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
The survey polled 1,276 responses from Hispanic professionals in the real estate industry in 39 states, including Puerto Rico. Continue Reading Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
Sierra Club Condemns DC Council’s Approval of Commanders Stadium as ‘Giveaways to Billionaires’
The group said the DC Council only offered “insignificant penalties if the Commanders delay or never build affordable housing.” Continue Reading Sierra Club Condemns DC Council’s Approval of Commanders Stadium as ‘Giveaways to Billionaires’
New Ohio Homeowner Initiative Seeks to Aid Lower-Income Seniors and Disabled Residents
The Ohio Senate will consider the bill when it convenes for its next session on Sept. 30. Continue Reading New Ohio Homeowner Initiative Seeks to Aid Lower-Income Seniors and Disabled Residents
New Venture Encourages Brands to Explore In-Mall Retail with Micro Spaces Platform
IEM said it partnered with six consumer brands to launch experiential retail environments. Continue Reading New Venture Encourages Brands to Explore In-Mall Retail with Micro Spaces Platform
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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.
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.81% as of April 24. Continue Reading Mortgage Rates in Mild Decline
Existing Home Sales Down by Nearly 6%
The median existing-home price for all housing types in March was $403,700, up 2.7% from the $392,900 price set one year ago. Continue Reading Existing Home Sales Down by Nearly 6%
233 Cities Have Starter Homes Priced at $1 Million
California continues to lead the nation with the most cities offering $1 million starter homes (113). Continue Reading 233 Cities Have Starter Homes Priced at $1 Million
Two Guilty Pleas in Massachusetts Lender Fraud Case
The case involved Louis R. Masaschi, his wife Jeanette Norman and his sister-in-law Christine Gendron. Continue Reading Two Guilty Pleas in Massachusetts Lender Fraud Case
Profit Margins Down for Q1 Home Sales
ATTOM’s Rob Barber noted that “several communities in Florida and California saw the biggest drop offs.” Continue Reading Profit Margins Down for Q1 Home Sales
Report: South and Midwest Dominate in Homebuilding and Affordability
Realtor.com ranked South Carolina, Iowa, Texas, Indiana, and North Carolina for having the best balance between affordability and new construction. Continue Reading Report: South and Midwest Dominate in Homebuilding and Affordability
Luxury Residential Resort Community to be Built at Lake Travis, Texas
The Canyon Club is a project by Prasso Ventures, a private equity investment group. Continue Reading Luxury Residential Resort Community to be Built at Lake Travis, Texas
Capital Square Opens Luxury Mixed-Use Complex in Raleigh
Maeve includes 297 apartments and more than 10,000 square feet of street-level retail space. Continue Reading Capital Square Opens Luxury Mixed-Use Complex in Raleigh
Christina Pappas Named President at Illustrated Properties
Pappas succeeds Daniel Dennis, who is leaving to pursue new opportunities. Continue Reading Christina Pappas Named President at Illustrated Properties
New Data Center Alliance Aims to Develop Zero-Emission Facilities
The alliance founders are Innovo Profitable Net Zero, ESS, Arco Design/Build, and Corpus Christi Regional Economic Development Corporation. Continue Reading New Data Center Alliance Aims to Develop Zero-Emission Facilities
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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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