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Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Connecticut Town Considers Cannabis Complex Featuring 50 Affordable Housing Units
A real estate development planned for central Connecticut would include a 50-unit affordable housing complex with a cannabis growing operation and a dispensary. The New Haven Register reports the former Himmel Brothers Co. metal fabrication site in Hamden, a town...
HUD Secretary Turner: ‘The Radical Left Are Going to Shut Down the Government’
HUD Secretary Scott Turner has warned that extremists in the Democratic Party are pushing to shut down the federal government and imperil the operations within his department’s programs. In a posting on X, Turner wrote, “The Radical Left are going to shut down the...
Starter Home Sales and Prices Outpace Other Housing Sectors
The typical starter home sold for a record $260,508 in August, a 2.2% year-over-year increase, according to new data from Redfin. In comparison, mid- and high-price home prices grew 1.4% and 2.7% over the same period, respectively, to near-record highs of $370,000 and...
NEWS & CURRENT EVENTS
Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
The governor established an annual Maryland Housing Leadership Awards to recognize jurisdictions that make progress on their housing development goals. The Continue Reading Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
Toronto Home Sales Rise as Prices Decline
The average selling price of $1.02 million was down by 5.2% compared to one year earlier. Continue Reading Toronto Home Sales Rise as Prices Decline
Argentina Recovers Nazi-Looted Artwork Spotted in Online Real Estate Listing
Last month, the long-lost painting was seen in the interior of Patricia Kadgien’s Buenos Aires home. Continue Reading Argentina Recovers Nazi-Looted Artwork Spotted in Online Real Estate Listing
San Francisco Mayor Supports Parcel Tax on Properties to Fund Ailing Mass Transit System
“We believe that a parcel tax is the best mechanism to generate the level of funding needed to support Muni service,” said Mayor Lurie. Continue Reading San Francisco Mayor Supports Parcel Tax on Properties to Fund Ailing Mass Transit System
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Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021
The states with the greatest percentage increase in premiums were Utah (59%), Illinois (50%), Arizona (48%), and Pennsylvania (44%). Continue Reading Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021
Four Real Investors Sentenced for Multimillion-Dollar Loan Fraud Schemes
Aron Puretz, his son, Chaim “Eli” Puretz, Moshe “Mark” Silber and Fredrick Schulman were sentenced. Continue Reading Four Real Investors Sentenced for Multimillion-Dollar Loan Fraud Schemes
FBI Warns of Rise in Quit Claim Deed Fraud Across New England
The FBI noted that 58,141 victims reported $1.3 billion in losses relating to real estate fraud nationwide between 2019 through 2023. Continue Reading FBI Warns of Rise in Quit Claim Deed Fraud Across New England
Slowing in Refinance Drives Down Mortgage Application Activity
The median sales price of new houses sold in February was $414,500. Continue Reading Slowing in Refinance Drives Down Mortgage Application Activity
Builders Call on Congress to Reform Regulations on Home Construction
NAHB cited a shortage of roughly 1.5 million housing units that the organization blamed on the regulatory process. Continue Reading Builders Call on Congress to Reform Regulations on Home Construction
GAO, at Democrats’ Behest, to Probe Cuts to HUD’s Fair Housing Program
The GAO said “staff with the required skills will be available shortly to initiate an engagement.” Continue Reading GAO, at Democrats’ Behest, to Probe Cuts to HUD’s Fair Housing Program
Kamala Harris to Appear at Australian Real Estate Conference
She is the only guest speaker who is not being made available for media interviews. Continue Reading Kamala Harris to Appear at Australian Real Estate Conference
CMBS Delinquency Rate Up in March
Last month, the overall delinquent balance was $39.3 billion, up from $36 billion in February. Continue Reading CMBS Delinquency Rate Up in March
Report: 1 in 5 Homes Sold for More Than Their Original List Price
Nearly two-thirds of transactions (64.2%) were closed for less than their original list price. Continue Reading Report: 1 in 5 Homes Sold for More Than Their Original List Price
HGTV Launches Smart Home 2025 Sweepstakes with San Antonio Residence as Grand Prize
“The HGTV Smart Home inspires viewers with clever solutions that will enhance their lives and elevate their homes,” said Loren Ruch, head of content at HGTV. Continue Reading HGTV Launches Smart Home 2025 Sweepstakes with San Antonio Residence as Grand Prize
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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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