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Boston Mayor Says Residential Property Taxes Rising 13% in 2026
More than 70% of Boston’s $4.6 billion budget comes from property taxes, primarily from commercial real estate. Continue Reading Boston Mayor Says Residential Property Taxes Rising 13% in 2026
Boston Mayor Says Residential Property Taxes Rising 13% in 2026
More than 70% of Boston’s $4.6 billion budget comes from property taxes, primarily from commercial real estate. Continue Reading Boston Mayor Says Residential Property Taxes Rising 13% in 2026
Clarion Partners Expands into Senior Housing Sector
Clarion Partners, a New York City-based real estate investment manager, has expanded into the senior housing sector with its acquisition of Sancerre at Atlee Station from NexCore Group and its wholly owned subsidiary Experience Senior Living and its Sancerre brand. As...
Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium
The Chicago Bears are asking for $855 million in public funding to build the infrastructure surrounding their new domed stadium planned for suburban Arlington Heights, Illinois. The Associated Press reports the real estate consulting firm HR&A Advisors Inc. issued...
Report: Housing Affordability at Best Level Since Early 2023
Home affordability has reached its best level since early 2023 thanks to easing mortgage rates, according to ICE Mortgage Technology’s October ICE Mortgage Monitor Report. The new report cited 30-year mortgage rates averaging 6.26% in mid-September while the monthly...
NEWS & CURRENT EVENTS
NYC Real Estate Executives Hold Strategy Meeting to Prevent Mamdani Becoming Mayor
The executives are encouraging support for Andrew Cuomo’s campaign. Continue Reading NYC Real Estate Executives Hold Strategy Meeting to Prevent Mamdani Becoming Mayor
Housing Market Hit Record $55.1 Trillion
Seven states saw their housing markets lose value over the past year, with the biggest drops in Florida (-$109 billion), California (-$106 billion) and Texas (-$32 billion). Continue Reading Housing Market Hit Record $55.1 Trillion
Edmonton Duo Charged with Real Estate Investing Scam
Yuvraj Verma and Rohit Sethi used several corporations to raise approximately $6.8 million from investors for an Edmonton-based real estate project. Continue Reading Edmonton Duo Charged with Real Estate Investing Scam
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
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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.
SmartStop Self Storage REIT Announces Underwritten Public Offering
SmartStop has been approved to list its common stock on the New York Stock Exchange under the ticker symbol “SMA.,” Continue Reading SmartStop Self Storage REIT Announces Underwritten Public Offering
CFPB Seeks to Vacate Redlining Settlement with Townstone Financial
The CFPB is seeking to return the $105,000 settlement funds to the company. Continue Reading CFPB Seeks to Vacate Redlining Settlement with Townstone Financial
Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants
“There will be no more illegal aliens getting HUD-backed home loans,” said Secretary Turner. Continue Reading Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants
Homeownership Expenses Consume One-Third of National Average Wage
Nationwide, the typical $2,021 cost of mortgage payments, homeowner insurance, mortgage insurance and property taxes is down 0.7% quarterly. Continue Reading Homeownership Expenses Consume One-Third of National Average Wage
Weichert Opens First International Office in Portugal
The Portuguese brokerage will operate under the new name HomeLovers – Weichert. Continue Reading Weichert Opens First International Office in Portugal
Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law
The bill passed unanimously in both houses of the legislature. Continue Reading Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law
Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
MV Realty is permanently banned from doing business in Minnesota. Continue Reading Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
Maine Home Sales up 6.51%
A total of 753 home sales were closed in Maine last month, a 6.51% increase from the 707 sales transacted in February 2024. According to data from the Main Association of Realtors, the statewide median sales price for those sales was $381,500, a 9% jump from the...
Andrew Cuomo’s NYC Mayoral Bid Attracts Wealthy Real Estate Donors
Cuomo resigned as New York governor in 2020 amid sexual harassment allegations. Continue Reading Andrew Cuomo’s NYC Mayoral Bid Attracts Wealthy Real Estate Donors
Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70
He served as director of capital programs for the District of Columbia Housing Authority. Continue Reading Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70
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