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Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
“This is something no elected official wants to do, but it is the responsible thing to do,” Councilor Barbara Warwick said in a statement. Continue Reading Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
“This is something no elected official wants to do, but it is the responsible thing to do,” Councilor Barbara Warwick said in a statement. Continue Reading Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
Report: 1 in 3 Homes Bought in All-Cash Sales During First Half of 2025
Nearly one in three homes sold in the first half of this year were purchased in all-cash transactions, according to a new data report from Realtor.com. Nationwide, 32.8% of home sales in the first year’s first six months were all-cash transactions, down slightly from...
California’s State-Run Property Insurance Program Proposes 36% Rate Hike
The California FAIR Plan, the state-run fire insurance program for property owners who cannot secure private market insurance, has proposed hiking home insurance rates by an average of 35.8% starting next spring. The San Francisco Chronicle reports that if the request...
Second Prosecutor Balks at Trump Pressure to Indict Letitia James for Mortgage Fraud
Another prosecutor in the US Attorney’s Office Eastern District of Virginia may soon face the choice of resigning or being fired for balking at President Trump’s demands to indict New York Attorney General Letitia James on mortgage fraud charges relating to a property...
NEWS & CURRENT EVENTS
Real Estate Investors Bought Fewer Properties During Q2
Redfin’s report covers both institutional and mom-and-pop investors. Continue Reading Real Estate Investors Bought Fewer Properties During Q2
‘Catfish’ Star Nev Schulman Begins New Job as Real Estate Agent
The television personality will be working with his father Robert Schulman, who is a broker at the agency. Continue Reading ‘Catfish’ Star Nev Schulman Begins New Job as Real Estate Agent
Report: 3 Trump Cabinet Members Have 2 Mortgaged Properties with Both Claimed as Primary Residences
“This is just another hit piece from a left-wing dark money group that constantly attempts to smear President Trump’s incredible Cabinet members,” said a White House spokesperson. Continue Reading Report: 3 Trump Cabinet Members Have 2 Mortgaged Properties with Both Claimed as Primary Residences
Report: White House Offers NYC Mayor Adams a HUD Position if He Drops Re-Election Bid
Another report has Adams being offered the role of US Ambassador to Saudi Arabia Continue Reading Report: White House Offers NYC Mayor Adams a HUD Position if He Drops Re-Election Bid
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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.
Tel Aviv’s Housing Imbalance: Too Many Realtors, Too Few Deals
Tel Aviv recorded a total of 2,270 pre-owned home sales in 2024 while the market has 2,566 registered realtors. Continue Reading Tel Aviv’s Housing Imbalance: Too Many Realtors, Too Few Deals
Report: America’s Wealthiest 1% Could Buy Up 99% of the Nation’s Homes
The wealthiest 1% own a disproportionate 13.4% share of US real estate. Continue Reading Report: America’s Wealthiest 1% Could Buy Up 99% of the Nation’s Homes
NAR Debuts ‘Right by You’ Advertising Campaign
NAR stated the campaign marks a shift in its creative strategy from the agent-centric “Who We R” campaign. Continue Reading NAR Debuts ‘Right by You’ Advertising Campaign
NYC Completed Nearly 34,000 New Homes in 2024
Only 15,626 permits for new housing were received last year. Continue Reading NYC Completed Nearly 34,000 New Homes in 2024
Winnipeg Real Estate Agents Disciplined for Withholding Information from Homebuyer
The exact nature of the disciplinary measures was not disclosed. Continue Reading Winnipeg Real Estate Agents Disciplined for Withholding Information from Homebuyer
Franklin BSP Realty Trust Acquires NewPoint Holdings
The financial terms of the deal were not disclosed. Continue Reading Franklin BSP Realty Trust Acquires NewPoint Holdings
Lack of Affordable Housing Blamed for Corporations Not Placing HQ in Cyprus
The Association of Large Investment Projects called on the Cypriot government to cut delaying red tape. Continue Reading Lack of Affordable Housing Blamed for Corporations Not Placing HQ in Cyprus
Report: Housing Supply Gap at Nearly 4 Million in 2024
Total housing starts last year were at their lowest level since 2020. Continue Reading Report: Housing Supply Gap at Nearly 4 Million in 2024
Wells Fargo Sues JPMorgan Over Defaulted $481 Million Loan
The lawsuit alleged JPMorgan knew the seller overstated the properties’ historical net operating income by 25%. Continue Reading Wells Fargo Sues JPMorgan Over Defaulted $481 Million Loan
Data Analysis Warns Banks Face Exposure to Ongoing Commercial Real Estate Troubles
Flagstar Bank, Zion Bancorp, Valley National Bank, Synovus Bank, Umpqua Bank and Old National Bank were cited as the banks most at risk. Continue Reading Data Analysis Warns Banks Face Exposure to Ongoing Commercial Real Estate Troubles
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