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Minnesota Property Taxes Could Rise by $1 Billion in 2026
Final property taxes will be determined by the end of the year, and it would be the highest increase of this decade if it holds. Continue Reading Minnesota Property Taxes Could Rise by $1 Billion in 2026
Minnesota Property Taxes Could Rise by $1 Billion in 2026
Final property taxes will be determined by the end of the year, and it would be the highest increase of this decade if it holds. Continue Reading Minnesota Property Taxes Could Rise by $1 Billion in 2026
Florida Records Surge in Pending Home Sales
Florida recorded 21,798 closed sales of existing single-family homes in August, down 3.9% year-over-year, while existing condo-townhouse sales totaled 7,424, down 6% from one year earlier. According to data from Florida Realtors, new pending sales of single-family...
California Man Sentenced for Belize-Based Real Estate Scam
A California man was sentenced to eight years in prison for coordinating real estate scam in Belize that defrauded hundreds of victims out of approximately $77 million. Newport Beach-based Andris Pukke, who also went by the aliases Marc Romeo and Andy Storm,...
Commercial and Multifamily Mortgage Debt Outstanding Increased During Q2
The level of commercial/multifamily mortgage debt outstanding reached $4.88 trillion by the end of the second quarter, an increase of $47.1 billion (1%) from the first quarter, according to data from the Mortgage Bankers Association (MBA). Multifamily mortgage debt...
NEWS & CURRENT EVENTS
Aldi to Open First Grocery Store in Manhattan
The 25,000-square-foot store will be on 42nd Street near Times Square. Continue Reading Aldi to Open First Grocery Store in Manhattan
A Phil Hall Op-Ed: Is Trump Fighting Mortgage Fraud or Trying to Seize the Fed?
After Trump’s announcement went live last night, US stock futures and international stock markets went into decline out of fear that the Fed’s independence was under attack. Continue Reading A Phil Hall Op-Ed: Is Trump Fighting Mortgage Fraud or Trying to Seize the Fed?
New Data Reports Affirm Home Prices Are Still on the Rise
The FHFA reported second quarter house prices were up year-over-year in 46 states. Continue Reading New Data Reports Affirm Home Prices Are Still on the Rise
Arizona Couple Sued for Running Foreclosure Rescue Schemes
Edward Trenton Albarracin and Gretchen Marie Zamjahn operated more than 50 fraudulent entities. Continue Reading Arizona Couple Sued for Running Foreclosure Rescue Schemes
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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.
Four Seasons in Partnership on New Luxury Complex in Washington, DC
The new development will be built on the site of a former heating plant. Continue Reading Four Seasons in Partnership on New Luxury Complex in Washington, DC
Champion Homes Debuts Manufactured Duplex Series
The Concord Duplex series is available now across the 48 contiguous states. Continue Reading Champion Homes Debuts Manufactured Duplex Series
Modular Housing Firm Boxabl Reserves Nasdaq Symbol
Boxabl raised over $170 million from more than 40,000 investors since it launched in 2017. Continue Reading Modular Housing Firm Boxabl Reserves Nasdaq Symbol
Developer and Former GOP Candidate Rick Caruso Rejects Recall Effort Against LA Mayor Bass
“This is a time when Los Angeles needs unity, not costly and expensive political distractions,” said Caruso. Continue Reading Developer and Former GOP Candidate Rick Caruso Rejects Recall Effort Against LA Mayor Bass
Existing Home Sales Up 4.2% in February
First-time buyers were responsible for 31% of sales in February. Continue Reading Existing Home Sales Up 4.2% in February
Home Flipping Activity Declines, Gross Profits Rise
Only 7.6% of home sales in 2024 were flips, down from 8.1% in 2023. Continue Reading Home Flipping Activity Declines, Gross Profits Rise
Bank of England Keeps Rates in Place
The UK central bank’s Monetary Policy Committee (MPC) 8–1 to maintain the Bank Rate at 4.5%. Continue Reading Bank of England Keeps Rates in Place
Former Real Estate Executive Sentenced for Manipulating WeWork Stock
Jonathan Larmore was convicted of one count of tender offer fraud and one count of securities fraud following a one-week trial. Continue Reading Former Real Estate Executive Sentenced for Manipulating WeWork Stock
Rutgers Real Estate Professor Named Trump’s Housing Economist
Morris Davis’ appointment runs through December 2025. Continue Reading Rutgers Real Estate Professor Named Trump’s Housing Economist
Shopoff Realty Investments Acquires California Industrial Property for Residential Development
The company announced that $49 million in acquisition financing for the project was secured with support from JLL Capital Markets. Continue Reading Shopoff Realty Investments Acquires California Industrial Property for Residential Development
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