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Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
“There is a perception that housing outside of the GTA is still somewhat affordable, but that’s not true,” said Austin Thompson, senior policy analyst with the Fraser Institute. Continue Reading Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
“There is a perception that housing outside of the GTA is still somewhat affordable, but that’s not true,” said Austin Thompson, senior policy analyst with the Fraser Institute. Continue Reading Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
Modular Housing Provider Boxabl Expands into South Carolina
The Las Vegas-headquartered modular housing manufacturer Boxabl announced it has received regulatory approval for deployment in South Carolina. With this approval, the company can proceed with a manufacturing and supply contract with Horizons Getaways for the delivery...
Dar Global to Launch $1 Billion Development in Saudi Arabia with The Trump Organization
The luxury real estate developer Dar Global has announced its second collaboration with The Trump Organization in Jeddah, Saudi Arabia. The new Trump Plaza Jeddah will include luxury residences, including townhomes and serviced apartments, along with office space....
Brennan Investment Acquires 16-Building Industrial Portfolio in Houston
Chicago-headquartered Brennan Investment Group announced its acquisition of a 1.3 million-square-foot industrial portfolio consisting of 16 buildings in Northwest Houston. The portfolio was sold by Innovex, a subsea oil and gas equipment manufacturer, and is based...
NEWS & CURRENT EVENTS
Hits and Misses for the Real Estate Week of Aug. 25-29
A fight over the Fed, an upcoming exodus of Canadians returning going home, and a growing wave of property tax reform efforts. Continue Reading Hits and Misses for the Real Estate Week of Aug. 25-29
Las Vegas Housing Inventory Up 31% from Last Year
The typical Las Vegas home sold for $445,000 last month, down 1% from July 2024. Continue Reading Las Vegas Housing Inventory Up 31% from Last Year
Senate Democrats Urge FHFA’s Pulte to Focus on Lowering Housing Costs
“You could demonstrate an actual commitment to improving the everyday lives of the American people,” the senators said. Continue Reading Senate Democrats Urge FHFA’s Pulte to Focus on Lowering Housing Costs
Saudi Arabia Launches First RMBS
Saudi Arabia is also the first Gulf nation to embark in an RMBS offering. Continue Reading Saudi Arabia Launches First RMBS
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Report: Gen Z and Millennial Homeownership Rates Plateaued in 2024
72.9% of Gen Xers owned their home in 2024, up from 72% in 2023. Continue Reading Report: Gen Z and Millennial Homeownership Rates Plateaued in 2024
Hudson’s Bay, Canada’s Oldest Retailer, to Close Nearly All Stores
Hudson’s Bay retained the right to remove some locations from the liquidation list if it can secure a deal. Continue Reading Hudson’s Bay, Canada’s Oldest Retailer, to Close Nearly All Stores
New Alabama Law Changes Timing of Buyer Agreements
“Great news! Governor Kay Ivey has officially signed HB 230 into law!” announced the Alabama Association of Realtors. Continue Reading New Alabama Law Changes Timing of Buyer Agreements
Rhode Island’s MLS to be Opened to Non-Realtors
“If it’s a licensee, it still needs to be the entire office,” said RIAR CEO Philip Tedesco. Continue Reading Rhode Island’s MLS to be Opened to Non-Realtors
Virginia Lawmakers Reject Offer to Accept Ownership of James Monroe’s Estate
The estate’s residence is where the nation’s fifth president drafted his Monroe Doctrine. Continue Reading Virginia Lawmakers Reject Offer to Accept Ownership of James Monroe’s Estate
Open House Group Expands Cryptocurrency Options for Real Estate Purchasing
The company is now accepting XRP, Solana and Dogecoin for property transactions. Continue Reading Open House Group Expands Cryptocurrency Options for Real Estate Purchasing
Hits and Misses for the Real Estate Week of March 17-21
A new focus on affordable housing development, a delay in a key confirmation, and an unhappy Chinese leader. Continue Reading Hits and Misses for the Real Estate Week of March 17-21
Rhode Island Home Sales Down 8.8%
The median price of single-family homes of $455,500 marked a 3.5% year-over-year increase. Continue Reading Rhode Island Home Sales Down 8.8%
SBA to Cut 43% of its Workforce
The agency said it will eliminate approximately 2,700 active positions out of a 6,500-member workforce. Continue Reading SBA to Cut 43% of its Workforce
eXp Realty Expands into Peru
“Our expansion into Peru is another bold step as we continue building the most agent-centric real estate brokerage on the planet,” said CEO Glenn Sanford. Continue Reading eXp Realty Expands into Peru
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