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Santa Fe to Link Minimum Wage Increases to Housing Affordability
Santa Fe’s minimum wage will rise to $17.50 in 2027. Continue Reading Santa Fe to Link Minimum Wage Increases to Housing Affordability
Santa Fe to Link Minimum Wage Increases to Housing Affordability
Santa Fe’s minimum wage will rise to $17.50 in 2027. Continue Reading Santa Fe to Link Minimum Wage Increases to Housing Affordability
Report: Housing in Q3 Grows Less Affordable Across Most of the Country
Median-priced single-family homes and condos were less affordable during the third quarter compared to historical averages in 99% of counties with sufficient data to analyze, according to a new report from ATTOM. While that was the same high rate as the second...
Trophy Signature Homes Unveils New Community in Dallas Suburb
Trophy Signature Homes, a subsidiary of Green Brick Partners Inc. (NYSE: GRBK), announced the opening of Lowry Trails, a new residential community in the Dallas suburb of Princeton, Texas. The community will offer a variety of homes with prices starting in the high...
CrossCountry Mortgage Raises Its Agency Conforming Loan Limits
Cleveland-headquartered CrossCountry Mortgage (CCM) has increased its agency conforming loan limits to $819,000, up from the current $806,500. According to the company, this action comes through CCM's Early Bird Program and is being enacted months ahead of the Federal...
NEWS & CURRENT EVENTS
Dillard’s Buys Dallas-Area Mall for $34 Million
The 638,000-square-foot Longview Mall opened in 1978. Continue Reading Dillard’s Buys Dallas-Area Mall for $34 Million
New Home Sales Down 0.6% in July
The median sales price of new houses sold in July was $403,800, a 0.8% dip from June’s price of $407,200 and 5.9% below the July 2024 price of $429,000. Continue Reading New Home Sales Down 0.6% in July
Long-Lost Nazi-Looted Artwork Spotted in Online Real Estate Listing
An 18th century painting that was stolen by the Nazis from a Dutch Jewish art dealer and disappeared for decades has been spotted in an online real estate listing in Argentina. The Dutch newspaper AD reports “Portrait of a Lady” by the Italian painter Vittore...
Morgan Properties Acquires Dream Residential REIT for $354 Million
Following the conclusion of the acquisition, Dream Residential REIT will cease to be publicly traded. Continue Reading Morgan Properties Acquires Dream Residential REIT for $354 Million
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La Rosa Holdings Begins Global Expansion with New Presence in Spain
Joaquín Nuevo Alarcón previously led a 500-agent team as a director at eXp Realty in Spain. Continue Reading La Rosa Holdings Begins Global Expansion with New Presence in Spain
Under Armour CEO Lists Maryland Equestrian Estate for $22 Million
The estate includes a 16,000-square-foot, six-bedroom main residence built in 1995. Continue Reading Under Armour CEO Lists Maryland Equestrian Estate for $22 Million
LeFrak Names First Non-Family Executive in 120 Years
Silfen was previously a senior managing director in charge of acquisitions and capital markets. Continue Reading LeFrak Names First Non-Family Executive in 120 Years
Ginnie Mae MBS Portfolio Reached $2.71 Trillion in January
Ginnie Mae issued $39.8 billion in total MBS last month, resulting in a net portfolio growth of $16.7 billion. Continue Reading Ginnie Mae MBS Portfolio Reached $2.71 Trillion in January
NAHB Elects Buddy Hughes as 2025 Chairman
Hughes has been a member of the NAHB board of directors for more than 20 years. Continue Reading NAHB Elects Buddy Hughes as 2025 Chairman
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
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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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