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New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Rep. Andy Biggs (R-AZ) introduced companion legislation in the House of Representatives. Continue Reading New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Rep. Andy Biggs (R-AZ) introduced companion legislation in the House of Representatives. Continue Reading New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million
New Orleans’ historic office property K&B Plaza has been listed for sale for the first time in more than half a century, with an asking price of $11.4 million. According to a report in New Orleans City Business, the seven-story, 69,569-square-foot complex in the...
Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
Florida Gov. Ron DeSantis has raised the idea of calling a special legislative session that would focus on cutting property taxes. WLRN.org reports that legislators are currently weighing ideas on relieving the state’s property tax burden, which would be voted on...
FHFA Withdraws Three Biden-Era Proposed Rules
The Federal Housing Finance Agency (FHFA) has withdrawn three proposed rules put forth during the Biden administration relating to the government-sponsored enterprises and the Federal Home Loan Banks (FHLBanks). The withdrawals involve a 2021 proposed rule that would...
NEWS & CURRENT EVENTS
Report: Bessent Curses and Threatens Pulte During DC Private Party
Ultimately, there was no violence – Bessent and Pulte were seated at opposite ends of the dinner table and there was no further disruption. Continue Reading Report: Bessent Curses and Threatens Pulte During DC Private Party
Property Insurance Costs Grow 11.3%
California saw the largest increases in the first half of the year, with premiums in Los Angeles up 9% in six months and 19.5% year-over-year. Continue Reading Property Insurance Costs Grow 11.3%
Black Homeownership Rate Drops to 4-Year Low
The homeownership rate decline occurred as the Black unemployment rate reached 7.2% as of July, up from 6.3% one year before and the highest level since October 2021. Continue Reading Black Homeownership Rate Drops to 4-Year Low
Senate Democrats Debut Bill to Assist Faith-Based Groups in Creating Affordable Housing
The legislation creates $50 million per year in grants for communities that adopt policies removing barriers to affordable housing on property owned by faith-based organizations or colleges. Continue Reading Senate Democrats Debut Bill to Assist Faith-Based Groups in Creating Affordable Housing
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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.
Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme
Craig Douglas McMorran is now facing a new charge of fraud over $5,000. Continue Reading Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme
Q1 Sales Up 29% in Manhattan Luxury Apartment Market
58% of the sales in the quarter were all-cash deals. Continue Reading Q1 Sales Up 29% in Manhattan Luxury Apartment Market
Forecast: Increased Investment in Canadian Residential Construction Through 2034
The forecast also predicts residential sector construction employment will increase by 6% from 2024 levels to 2034. Continue Reading Forecast: Increased Investment in Canadian Residential Construction Through 2034
LendingOne in New Partnership with Proptech Blanket
LendingOne’s suite of investor loan solutions will be integrated directly into the Blanket platform. Continue Reading LendingOne in New Partnership with Proptech Blanket
Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud
Jyoteshna Karan and Praveen Singh Karan conspired to make straw purchases and short sales of approximately 15 homes. Continue Reading Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud
Two-Thirds of Condos Sold at Less Than Asking Price in February
Redfin attributed the problems impacting the condo sector to rising insurance costs and new safety regulations that caused HOA fees to soar Continue Reading Two-Thirds of Condos Sold at Less Than Asking Price in February
Crescent Seas Adds Second Ship to Nautical Residential Portfolio
The Insignia will feature 290 residences priced from $650,000 to $10 million. Continue Reading Crescent Seas Adds Second Ship to Nautical Residential Portfolio
Mortgage Rates Continue to Decline
The 30-year fixed-rate mortgage averaged 6.64% as of April 3. Continue Reading Mortgage Rates Continue to Decline
Avanti Residential Unveils LIHTC-Focused Affiliate
The new Tampa-based affiliate will initially focus on high-growth metropolitan markets. Continue Reading Avanti Residential Unveils LIHTC-Focused Affiliate
Toronto Home Sales and Prices in Decline
The average selling price at $1.09 million represented a 2% decline from one year earlier. Continue Reading Toronto Home Sales and Prices in Decline
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