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Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Chinese EB-5 Investors File Fraud Lawsuit Tied to Northern Marianas Casino-Resort Project
More than 20 Chinese EB-5 investors have filed a $13.4 million lawsuit against developers, immigration agents, and lawyers whom they accuse of duping them into putting placing more than $12 million of EB-5 funds into a casino-resort project in the Northern Marianas....
Report: US Attorney Plans to Resign Under Trump Pressure for Not Bringing Mortgage Fraud Charges Against Letitia James
Erik Siebert, who is serving as the interim US Attorney for the Eastern District of Virginia, has announced plans to resign his position after informing the Department of Justice (DOJ) that his office found insufficient evidence to bring criminal charges over alleged...
Hits and Misses for the Real Estate Week of Sept. 15-18
Curious new legislation to encourage affordable housing, Treasury Secretary Bessent’s unlikely sense of humor, and Robert Redford’s impact on Utah real estate. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 15-19....
NEWS & CURRENT EVENTS
Revived Bed Bath & Beyond Retail Chain Will Not Open Stores in California
Marcus Lemonis faulted the California business environment for “higher taxes, higher fees, higher wages that many businesses simply cannot sustain.” Continue Reading Revived Bed Bath & Beyond Retail Chain Will Not Open Stores in California
Report: Trump May Try to Fire Fed Governor Following Mortgage Fraud Accusation
Pulte ignored questions posed to him on X on who authorized an investigation into Cook’s mortgage papers. Continue Reading Report: Trump May Try to Fire Fed Governor Following Mortgage Fraud Accusation
New Joint Venture to Develop Charlotte-Area Townhome Rental Community
The project is expected to be completed by August 2027. Continue Reading New Joint Venture to Develop Charlotte-Area Townhome Rental Community
ALTA Adds Title Insurance Endorsements to Combat Seller Impersonation Fraud
ALTA has also updated its Best Practices framework to help title agents better identify emerging versions of these crimes. Continue Reading ALTA Adds Title Insurance Endorsements to Combat Seller Impersonation Fraud
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Florida Real Estate Agent Sentenced for Five Years of Tax Evasion
Sedita Charles Cayson was found guilty last month by a federal judge of five counts of willfully failing to file his income tax returns. Continue Reading Florida Real Estate Agent Sentenced for Five Years of Tax Evasion
CFPB Drops Enforcement Action Against Four Companies
Last week, the agency dismissed an enforcement its case against the fintech lender SoLo Funds. Continue Reading CFPB Drops Enforcement Action Against Four Companies
Trump’s Picks to Run FHFA, CFPB Pledge Agency Reform
While noting the need for consumer protection, McKernan stressed the CFPB had issues that needed to be addressed. Continue Reading Trump’s Picks to Run FHFA, CFPB Pledge Agency Reform
Mortgage Rates Decline Again
The 30-year fixed-rate mortgage averaged 6.76% as of Feb. 27. Continue Reading Mortgage Rates Decline Again
NAR’s Pending Home Sales Index Sinks to All-Time Low
The Pending Home Sales Index tumbled by 4.6% to 70.6, an all-time low. Continue Reading NAR’s Pending Home Sales Index Sinks to All-Time Low
Trump Sets April 14 Deadline for Agencies to Submit Office Relocation Plans
The impact of forcing the relocation of federal workers out of the Washington market is unclear. Continue Reading Trump Sets April 14 Deadline for Agencies to Submit Office Relocation Plans
Carter Multifamily Pays $37.7 Million for Community in Florida’s Space Coast
The property was formerly known as The Palm Bay Grand and will be rebranded to Mode at Melbourne. Continue Reading Carter Multifamily Pays $37.7 Million for Community in Florida’s Space Coast
Q4 Lending Down While Refinance Activity Rises
Lenders issued $568 billion worth of residential mortgages in the fourth quarter. Continue Reading Q4 Lending Down While Refinance Activity Rises
Urban League Leader Calls for GSE Privatization
Marc Morial predicted that ending the GSEs’ federal conservatorship could lead to more affordable homeownership and rental housing opportunities. Continue Reading Urban League Leader Calls for GSE Privatization
HUD Rescinds Obama-Era Fair Housing Rule
he first Trump administration terminated the AFFH rule in 2020 by claiming it “proved to be costly, complicated, and ineffective.” Continue Reading HUD Rescinds Obama-Era Fair Housing Rule
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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