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Elite International Realty Launches Retail-Focused Division
Retail by Elite will support retailers from the early development stages through commercial negotiations, leasing, design, construction, and ongoing operational milestones. Continue Reading Elite International Realty Launches Retail-Focused Division
Elite International Realty Launches Retail-Focused Division
Retail by Elite will support retailers from the early development stages through commercial negotiations, leasing, design, construction, and ongoing operational milestones. Continue Reading Elite International Realty Launches Retail-Focused Division
Rite Aid Shutters Remaining Stores
The financially troubled Rite Aid pharmacy chain has closed all its remaining stores. Over the weekend, the company posted a message on its website that said, “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support.” The...
Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. From the wild and wooly world of real estate, here are our His and Misses for the week of Sept. 29-Oct. 3. Miss: A Long, Long Road to...
NJ Democrat Proposes Using Eminent Domain to Seize Trump’s Bedminster Golf Club
A Democratic candidate for the New Jersey legislature has proposed seizing the Trump National Golf Club at Bedminster by eminent domain as a response to the administration’s freezing of $18 billion earmarked for an infrastructure project. InsideNJ.com reports the...
NEWS & CURRENT EVENTS
Toronto Home Sales Rise as Prices Decline
The average selling price of $1.02 million was down by 5.2% compared to one year earlier. Continue Reading Toronto Home Sales Rise as Prices Decline
Argentina Recovers Nazi-Looted Artwork Spotted in Online Real Estate Listing
Last month, the long-lost painting was seen in the interior of Patricia Kadgien’s Buenos Aires home. Continue Reading Argentina Recovers Nazi-Looted Artwork Spotted in Online Real Estate Listing
San Francisco Mayor Supports Parcel Tax on Properties to Fund Ailing Mass Transit System
“We believe that a parcel tax is the best mechanism to generate the level of funding needed to support Muni service,” said Mayor Lurie. Continue Reading San Francisco Mayor Supports Parcel Tax on Properties to Fund Ailing Mass Transit System
Report: 1 in 4 Homes Exposed to Acute Climate Risks
“Climate risks are no longer a distant threat for U.S. housing—they are a present reality that put a large chunk of US real estate value at risk,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Report: 1 in 4 Homes Exposed to Acute Climate Risks
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Hits and Misses for the Real Estate Week of March 3-7
A real estate agent gets slammed for insulting a waiter, another agent seeks to oust Los Angeles’ mayor, and a huge hole that needs to be filled. Continue Reading Hits and Misses for the Real Estate Week of March 3-7
Blackstone Announces $8 Billion Final Close for New Commercial Property Debt Fund
The firm devoted roughly two years to raising the fund, which will be active in North America, Europe and Australia. Continue Reading Blackstone Announces $8 Billion Final Close for New Commercial Property Debt Fund
DOGE Uncovers Tens of Thousands of Unused Paid Software Licenses at HUD
HUD paid for 11,020 Acrobat licenses with zero users. Continue Reading DOGE Uncovers Tens of Thousands of Unused Paid Software Licenses at HUD
American Real Estate Association Unveils Alternative to NAR’s Clear Cooperation Policy
AREA stated its proposed policy enables sellers to “maintain control over how their home is listed while ensuring full MLS access for professionals.” Continue Reading American Real Estate Association Unveils Alternative to NAR’s Clear Cooperation Policy
Builders Thank Trump for Partial Tariff Pause, But Express Concern Over Possible Trade War
“NAHB will continue to work with the administration to cut regulations, boost domestic lumber output and further rein in housing costs,” said Chairman Buddy Hughes. Continue Reading Builders Thank Trump for Partial Tariff Pause, But Express Concern Over Possible Trade War
Conservation Group Buys 3,100-Acre New York Forest Parcel for $6.2 Million
The property had been the subject of a mixed-use development proposal encompassing housing, resort, and commercial uses. Continue Reading Conservation Group Buys 3,100-Acre New York Forest Parcel for $6.2 Million
Rocket Mortgage to Exit the Canadian Market
Rocket Mortgage plans to complete its exit from the market by June 27. Continue Reading Rocket Mortgage to Exit the Canadian Market
Bipartisan Bill Seeks to Expand Section 8 Voucher Program
The bill would also “encourage HUD to reform its annual evaluation of PHAs to promote an increase in the diversity of neighborhoods where vouchers are used.” Continue Reading Bipartisan Bill Seeks to Expand Section 8 Voucher Program
Study: Municipal Fees Drive Up Canadian Homebuilding Costs
CHBA predicted the 2022-2031 period will become the decade with the fewest homes built per new persons added to the Canadian population since at least 1972. Continue Reading Study: Municipal Fees Drive Up Canadian Homebuilding Costs
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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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