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Report: California is Home to Four of the Top Five Riskiest Housing Markets
The new report determined that 16 of the 50 highest risk markets were in California. Continue Reading Report: California is Home to Four of the Top Five Riskiest Housing Markets
Report: California is Home to Four of the Top Five Riskiest Housing Markets
The new report determined that 16 of the 50 highest risk markets were in California. Continue Reading Report: California is Home to Four of the Top Five Riskiest Housing Markets
Gov. Newsom Signs Bill Enabling Denser Housing Construction Near Transit Hubs
California Gov. Gavin Newsom signed Senate Bill 79 into law, which will enable the state to overrule local zoning ordinances by allowing the creation of taller and denser housing developments to be built near transit corridors including bus stops and train stations....
Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million
Federal Realty Investment Trust (NYSE: FRT) announced its $187 million acquisition of Annapolis Town Center, a 480,000-square-foot open-air shopping center in Anne Arundel County, Maryland. The 19-acre property was constructed in the 1960s as an enclosed mall and...
Report: Calgary Leads Canada with Greatest Property Tax Hike
Calgary homeowners are burdened with the greatest property tax hikes in Canada, according to the study “Taxing Our Way to Unaffordable Housing” published by the Aristotle Foundation. Calgary’s average annual property tax jumped by from $2,736 to $3,496 during the...
NEWS & CURRENT EVENTS
Brian Vieaux Named President and CEO at MISMO
Vieaux is currently president and chief operating officer at FinLocker, a financial fitness platform that prepares consumers to achieve and sustain homeownership. Continue Reading Brian Vieaux Named President and CEO at MISMO
When Apple Fails, It Fixes; When Regulators Fail, Families Pay
It’s time to demand smarter regulation that protects families, encourages innovation, and keeps the American dream alive for the next generation. Continue Reading When Apple Fails, It Fixes; When Regulators Fail, Families Pay
Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year
The average loan size for new homes increased from $372,745 in July to $374,288 in August. Continue Reading Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year
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
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
First American Promoted CFO Mark E. Seaton to CEO
Treasurer Matt F. Wajner was promoted to fill the CFO role. Continue Reading First American Promoted CFO Mark E. Seaton to CEO
Redfin Follows Zillow’s Lead in Prohibiting Private Listings
Glenn Kelman, the company’s CEO, declared “we believe that all buyers should be able to see all listings.” Continue Reading Redfin Follows Zillow’s Lead in Prohibiting Private Listings
JTE Real Estate Previews New South Carolina Community
Arbor Ridge will offer an 18-unit mix of three- and four-bedroom homes. Continue Reading JTE Real Estate Previews New South Carolina Community
FinCEN Renews Real Estate Geographic Targeting Orders
The terms of the GTOs are effective beginning April 15 and ending on Oct. 9. Continue Reading FinCEN Renews Real Estate Geographic Targeting Orders
Lowe’s Acquires Artisan Design Group for $1.3 Billion
Lowe’s will finance the acquisition with cash on hand. Continue Reading Lowe’s Acquires Artisan Design Group for $1.3 Billion
Lofty Debuts Automated Agent Marketing Tool
The company will unveil Lofty Bloom in the webinar “Plant the Seeds of Success: Own Your Market with Lofty Bloom.” Continue Reading Lofty Debuts Automated Agent Marketing Tool
A Phil Hall Op-Ed: Talking About a Recession
What happens when the messengers appear to be corrupting the message? Continue Reading A Phil Hall Op-Ed: Talking About a Recession
Arizona MLS to Add Floor Plans to Listings
WARDEX noted floor plans are a standard feature in many international real estate markets. Continue Reading Arizona MLS to Add Floor Plans to Listings
New Bill Seeks to Refocus Federal Home Loan Banks to Support Housing Finance
The legislation would require the FHLBank system to contribute 30% or a minimum of $200 million of its net earnings to its Affordable Home Program. Continue Reading New Bill Seeks to Refocus Federal Home Loan Banks to Support Housing Finance
Florida Real Estate Agent Charged with Trafficking Weapons and Drugs
On June 26, 2024, Braden Hobbs was arrested for driving under the influence and trafficking in cocaine. Continue Reading Florida Real Estate Agent Charged with Trafficking Weapons and Drugs
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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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