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Government Watchdog Agency Opens Probe into FHFA’s Pulte
Pulte and the FHFA did not publicly comment on the report. Continue Reading Government Watchdog Agency Opens Probe into FHFA’s Pulte
Government Watchdog Agency Opens Probe into FHFA’s Pulte
Pulte and the FHFA did not publicly comment on the report. Continue Reading Government Watchdog Agency Opens Probe into FHFA’s Pulte
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
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
Homes Built For American Hires Greg Balen as Chief Operating Officer
Balen has over three decades of experience as a builder, land developer, architect, contractor, engineer and asset manager. Continue Reading Homes Built For American Hires Greg Balen as Chief Operating Officer
Corcoran Group Announces New German Franchise
The new franchise is based in Frankfurt and led by founder and Managing Director Moritz Fischer. Continue Reading Corcoran Group Announces New German Franchise
Survey: One-Third of Realtors Have Yet to Use AI Tools
The top AI tools used by the realtors polled for the survey were ChatGPT by OpenAI (58%), Gemini by Google (20%), and Copilot by Microsoft (15%). Continue Reading Survey: One-Third of Realtors Have Yet to Use AI Tools
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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The Agency Opens Ninth Office in Mexico
The Agency Valle de Bravo will be led by Managing Partner Ricardo Umansky and Managing Director Alex Cuttler. Continue Reading The Agency Opens Ninth Office in Mexico
Milbank LLP Adds New Partner in Real Estate Group
Alex Meirowitz joins Milbank from Gibson, Dunn & Crutcher LLP, where he was a partner in the Real Estate Group. Continue Reading Milbank LLP Adds New Partner in Real Estate Group
New Book Offers Tips for Mortgage Originators to Strengthen Ties with Real Estate Agents
“The Purchase Shift: Winning Great Agent Relationships with Authentic Connection and AI” is now available for pre-order on Amazon. Continue Reading New Book Offers Tips for Mortgage Originators to Strengthen Ties with Real Estate Agents
Trump on Powell: ‘No, I Have No Intention of Firing Him’
Trump’s comments follow a significant stock market sell-off on Monday that some financial experts linked to his attacks on Powell. Continue Reading Trump on Powell: ‘No, I Have No Intention of Firing Him’
California Utility Executive-Turned-Lawmaker Seeks to Slash Energy Credit Benefits for Rooftop Solar Panels
Assemblymember Lisa Calderon is a former government affairs executive at Southern California Edison. Continue Reading California Utility Executive-Turned-Lawmaker Seeks to Slash Energy Credit Benefits for Rooftop Solar Panels
Q1 Texas Home Sales Down Despite Boost in Active Listings
The median Texas home sales price for the quarter was $331,000, a mild 0.3% rise from one year earlier. Continue Reading Q1 Texas Home Sales Down Despite Boost in Active Listings
Pennsylvania Home Sales Up 21%
The median sales price for residential properties last month was $285,000, up 2% from $279,000 in the previous month. Continue Reading Pennsylvania Home Sales Up 21%
Mark Skender, Former CEO of Chicago’s Skender Construction, Dies at 61
Most recently, Skender served as president and co-founder of RaaP. Continue Reading Mark Skender, Former CEO of Chicago’s Skender Construction, Dies at 61
Lenders Offering Creative Financing Options
To address affordability issues due to higher rates, some lenders are advancing creative financing offers to their borrowers and the real estate agents who serve them. Continue Reading Lenders Offering Creative Financing Options
More Down Payment Assistance Programs Introduced During Q1
A total of 990 programs (39%) were offered through local housing finance agencies. Continue Reading More Down Payment Assistance Programs Introduced During Q1
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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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