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RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
The company argues the new law (S7882/A1417) represents a challenge to free speech and repeats false claims regarding its revenue management software. Continue Reading RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
The company argues the new law (S7882/A1417) represents a challenge to free speech and repeats false claims regarding its revenue management software. Continue Reading RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
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The Federal Housing Finance Agency (FHFA) has withdrawn three proposed rules put forth during the Biden administration relating to the government-sponsored enterprises and the Federal Home Loan Banks (FHLBanks).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...
One in Six Home Sellers Dropped Their Asking Price
One of every six (16.7%) home sellers dropped their asking price in August, up from 15.9% one year earlier. According to data from Redfin, this marked the highest share for August in records dating back to 2012. The typical home that sold in August went for 3.8% less...
Toronto Home Sales and Listings Rise While Prices Drop
A total of 5,592 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in September, an 8.5% year-over-year increase. This occurred with a 4% year-over-year uptick of new listings into the MLS System, resulting in a total of...
NEWS & CURRENT EVENTS
California Construction Firm CEO Arrested on Loan Fraud Charges
If convicted, Joey Wayne Mackey faces a maximum statutory penalty of 30 years in prison and a $1 million fine. Continue Reading California Construction Firm CEO Arrested on Loan Fraud Charges
National Average for Apartment Rents Down Slightly in August
This marks the second consecutive month of flat or negative monthly rent change. Continue Reading National Average for Apartment Rents Down Slightly in August
TVA in Collaboration to Build 6 Nuclear Plants for 6 GW of Power Across 7 States
The new collaboration is designed to provide enough energy to power the equivalent of approximately 4.5 million homes or 60 new data centers. Continue Reading TVA in Collaboration to Build 6 Nuclear Plants for 6 GW of Power Across 7 States
Connecticut Mega-Church Proposes Affordable Housing Complex On Its Property
First Cathedral in Bloomfield offered an informal presentation to the town’s planning and zoning commission. Continue Reading Connecticut Mega-Church Proposes Affordable Housing Complex On Its Property
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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.
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
New Apartment Development to be Built Near Cornell University
Upon completion – which is scheduled for the 2027 academic year – Theory Ithaca will be comprised of 371 units and 518 beds. Continue Reading New Apartment Development to be Built Near Cornell University
FHLB Cincinnati Debuts Hundred Homes Initiative
Eligible homebuyers must own and reside in a mobile home constructed prior to June 15, 1976. Continue Reading FHLB Cincinnati Debuts Hundred Homes Initiative
Report: Baby Boomers Are the Largest Generational Share of Homebuyers
Generation Z accounted for 3% of all buyers. Continue Reading Report: Baby Boomers Are the Largest Generational Share of Homebuyers
Faropoint Makes First Los Angeles Industrial Acquisition
The 36,491-square-foot industrial facility was built in 1963 and is fully leased to four tenants. Continue Reading Faropoint Makes First Los Angeles Industrial Acquisition
San Diego Apartment Property Acquired for $45 Million
The property was built in 1976 and still in its original condition. Continue Reading San Diego Apartment Property Acquired for $45 Million
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