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Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
As of October, Florida home values were down about 3% from the same month in 2022. Continue Reading Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
As of October, Florida home values were down about 3% from the same month in 2022. Continue Reading Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
Good Earth Cafes Seeks to Acquire Former Starbucks Locations Across Canada
Good Earth Cafes Ltd., a Calgary-headquartered coffee franchiser, announced plans to acquire locations across Canada formerly occupied by the Starbucks chains. The company, which operates more than 50 locations across Canada, has retained Doug Basarovich of Greenwood...
New York Attorney General Letitia James Indicted in Mortgage Fraud Case
New York Attorney General Letitia James has been indicted on a single count of bank fraud in connection to a mortgage on a residential property in Virginia. “No one is above the law," said Lindsey Halligan, the interim US Attorney for the Eastern District of Virginia....
Tech Trends: Smarter Ways to Do Business
This week’s edition of Tech Trends features artificial intelligence, deepfake detection and predictive analytics. A New App on Mr. Altman’s Platform. Zillow (NASDAQ: Z, ZG) announced it has become the first and only real estate app available in ChatGPT. According to...
NEWS & CURRENT EVENTS
Builder Confidence Holds Steady
“NAHB expects the Fed to cut the federal funds rate at their meeting this week, which will help lower interest rates for builder and developer loans,” said Chief Economist Robert Dietz. Continue Reading Builder Confidence Holds Steady
FHFA’s Pulte Blasts ‘Fake News’ for Not Backing His Efforts to Remove Fed Gov. Lisa Cook
In comparison, President Trump made no mention of the appeals court ruling on his Truth Social page. Continue Reading FHFA’s Pulte Blasts ‘Fake News’ for Not Backing His Efforts to Remove Fed Gov. Lisa Cook
Plans for Chicago-Area Cricket Stadium Proceed Despite Lack of Team for the Venue
The stadium would operate from April to October, with cricket matches occurring in the evenings and on weekends. Continue Reading Plans for Chicago-Area Cricket Stadium Proceed Despite Lack of Team for the Venue
FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Grant applications are now being accepted through Oct. 3. Continue Reading FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
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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.
Faropoint Acquires Second California Industrial Property
The financial aspects of the transaction were not disclosed. Continue Reading Faropoint Acquires Second California Industrial Property
Historic NYC Office Property is Subject to UCC Foreclosure
The 26-story, 511,000-square-foot property was built in 1926 and is located in Midtown Manhattan near Grand Central Terminal. Continue Reading Historic NYC Office Property is Subject to UCC Foreclosure
NAR’s Historic Settlement Continues to Shift the Real Estate Industry
The challenge for lawmakers, and those who enforce those laws, is that those reactions almost always include unintended consequences. When the Federal Court gave its final approval for NAR’s settlement of the Sitzer/Burnett case back in November, it sent shockwaves through the real estate industry. Continue Reading NAR’s Historic Settlement Continues to Shift the Real Estate Industry
Texas Lawmakers Lobby to Relocate NASA Headquarters to Johnson Space Center in Houston
Florida and Ohio are also seeking to host NASA’s headquarters when its lease in Washington, DC, expires. Continue Reading Texas Lawmakers Lobby to Relocate NASA Headquarters to Johnson Space Center in Houston
72-Year-Old Idaho Man Sentenced for Embezzling Public Housing Authority
Bruce Hauber, 72, was employed as the executive director of the federally funded American Falls Housing Authority (AFHA) from 2019 to 2023. Continue Reading 72-Year-Old Idaho Man Sentenced for Embezzling Public Housing Authority
The BLVD Group Acquires Rhode Island Apartment Community for $57 Million
The acquisition and renovation are being financed through Low Income Housing Tax Credits and tax-exempt bonds. Continue Reading The BLVD Group Acquires Rhode Island Apartment Community for $57 Million
Emory University Receives $5 Million for New Real Estate Center
The newly announced BL Harbert Real Estate Center will be designed to equip students to excel as real estate entrepreneurs and practitioners. Continue Reading Emory University Receives $5 Million for New Real Estate Center
Proposal Would Turn Louisiana School into Affordable Housing for Teachers
East Baton Rouge Superintendent LaMont Cole floated the idea of renovating Westminster Elementary School into housing specifically for new educators. Continue Reading Proposal Would Turn Louisiana School into Affordable Housing for Teachers
Judge Temporarily Blocks Planned CFPB Layoffs
“We’re not going to disburse 1,483 people into the universe,” said Judge Amy Berman Jackson. Continue Reading Judge Temporarily Blocks Planned CFPB Layoffs
New Home Purchase Mortgage Applications Surged in March
The average loan size for new homes decreased from $397,516 in February to $381,921 in March. Continue Reading New Home Purchase Mortgage Applications Surged in March
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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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