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Japan to Create National Database Tracking Foreign Ownership of Real Estate
The new database comes in the wake of growing public concerns over increasing foreign acquisitions of Japanese land and water sources. Continue Reading Japan to Create National Database Tracking Foreign Ownership of Real Estate
Japan to Create National Database Tracking Foreign Ownership of Real Estate
The new database comes in the wake of growing public concerns over increasing foreign acquisitions of Japanese land and water sources. Continue Reading Japan to Create National Database Tracking Foreign Ownership of Real Estate
Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes
Texas Attorney General Ken Paxton has ordered four cities to stop their property tax rate hikes amid concerns that the localities are not following new state rules. The Texas Tribune reports that Paxton contacted officials in La Marque, Odessa, Tom Bean and...
Rite Aid Shutters Remaining Stores
The financially troubled Rite Aid pharmacy chain has closed all its remaining stores. Over the weekend, the company posted a message on its website that said, “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support.” The...
Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. From the wild and wooly world of real estate, here are our His and Misses for the week of Sept. 29-Oct. 3. Miss: A Long, Long Road to...
NEWS & CURRENT EVENTS
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
Report: Bill Pulte’s Father and Stepmother Claimed Primary Residence on 2 Different Homes
Tax officials in Bloomfield Township, Michigan, said the Pultes’ exemption was being immediately revoked. Continue Reading Report: Bill Pulte’s Father and Stepmother Claimed Primary Residence on 2 Different Homes
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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.
Real Estate Scammer Sentenced in $3 Million Loan Fraud
David Izsak was convicted on ten counts of financial institution fraud. Continue Reading Real Estate Scammer Sentenced in $3 Million Loan Fraud
Agent Removed from Las Vegas Realtors’ Board of Directors
No reason was given for Zarbod Zanganeh’s removal. Continue Reading Agent Removed from Las Vegas Realtors’ Board of Directors
Tiny Nebraska City Offers $50,000 Down Payment Aid to Attract Residents
Pawnee City received 115 applications between March 14-27, when its offer was made available. Continue Reading Tiny Nebraska City Offers $50,000 Down Payment Aid to Attract Residents
The Appraisal Institute Faces Whistleblower Lawsuit Over Alleged Fraud in Exam Results
Alissa Akins is seeking back pay, punitive damages and attorney’s fees. Continue Reading The Appraisal Institute Faces Whistleblower Lawsuit Over Alleged Fraud in Exam Results
Tech Helpline Adds 6 Realtor Organizations to Client List
The service is owned and operated by Florida Realtors. Continue Reading Tech Helpline Adds 6 Realtor Organizations to Client List
Foot Locker Moves HQ from NYC to St. Petersburg, Florida
Foot Locker Inc. (NYSE: FL), the footwear and apparel retailer, is relocating is global headquarters from New York City to a 110,998-square-foot office in St. Petersburg, Florida. The company, which first announced its relocation plans last summer, has signed a lease...
Rocket Companies Acquires Mr. Cooper for $9.4 Billion
This is Rocket’s second acquisition this month, following its earlier announcement of the $1.75 billion purchase of Redfin. Continue Reading Rocket Companies Acquires Mr. Cooper for $9.4 Billion
Report: Real Estate Developer to Run for Mayor of Boston
Thomas O’Brien is CEO and managing partner of The HYM Investment Group. Continue Reading Report: Real Estate Developer to Run for Mayor of Boston
Cathy Polan Installed as 2025 President of Ontario Real Estate Association
OREA also named Sault Ste. Marie-based realtor Kimberly Fairley as 2025 president-elect. Continue Reading Cathy Polan Installed as 2025 President of Ontario Real Estate Association
Newsom Suspends Environmental Laws for Utilities in Rebuilding After LA Fires
The executive order suspends compliance requirements related to the California Environmental Quality Act (CEQA) and the California Coastal Act by utilities. Continue Reading Newsom Suspends Environmental Laws for Utilities in Rebuilding After LA Fires
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