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Report: Chicago Property Taxes See Largest Hike in 30 Years
The city is offering an installment plan with interest for homeowners who are unable to pay their total property tax bill at one time. Continue Reading Report: Chicago Property Taxes See Largest Hike in 30 Years
Report: Chicago Property Taxes See Largest Hike in 30 Years
The city is offering an installment plan with interest for homeowners who are unable to pay their total property tax bill at one time. Continue Reading Report: Chicago Property Taxes See Largest Hike in 30 Years
Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
Redfin has reported the number of Canadians using its platform to search for US home purchases or rental housing declined 19.5% year-over-year in August. The Seattle-based division of Rocket Companies (NYSE: RKT) began tracking a drop in Canadians searching for US...
Bridge Housing Launches Its First Private Equity Fund
Bridge Housing, the San Francisco-based nonprofit affordable housing owner and developer focused on West Coast markets, has launched its first private equity fund. Bridge Housing Impact Fund I is in the process of raising $350 million of equity, enabling about $1...
Canada Creates Federal Agency Focused on Affordable Housing While Home Sales Continue to Rise
Canadian Prime Minister Mark Carney has created a new endeavor designed to expand affordable housing opportunities, while new data shows Canadian home sales are rebounding. According to a statement from Carney’s office, the newly launched Build Canada Homes is a...
NEWS & CURRENT EVENTS
Sandra Howard Named Chief Marketing Officer at Keller Williams
“People don’t choose brands they know; they choose the ones that choose them back,” said Howard. Continue Reading Sandra Howard Named Chief Marketing Officer at Keller Williams
Treasury Secretary Bessent Calls on Fed to Make a 50 Basis Point Rate Cut in September
Bessent added cuts could have occurred if the Fed officials had access to revised labor market data. Continue Reading Treasury Secretary Bessent Calls on Fed to Make a 50 Basis Point Rate Cut in September
Survey: Buyers Turned Off By Sloppily Maintained Neighboring Properties
“The neighboring properties and surrounding community often say a lot about what life might be like there for you, as a resident,” says Don Kottick, President of REMAX Canada. Continue Reading Survey: Buyers Turned Off By Sloppily Maintained Neighboring Properties
Refinancing Surge Fuels Rise in Mortgage Application Activity
The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.9% on a seasonally adjusted basis from one week earlier. Continue Reading Refinancing Surge Fuels Rise in Mortgage Application Activity
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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.
Vought Pauses Defunding of CFPB Following Lawsuit
The lawsuit alleged Vought could not unilaterally close a federal agency that was created by an act of Congress. Continue Reading Vought Pauses Defunding of CFPB Following Lawsuit
Survey: 1 in 4 Remote Workers Ordered Back to Office No Longer Live Near Their Job
Among the relocating workers, 56% attempted to secure a different job before moving, but most failed to secure a lucrative job offer. Continue Reading Survey: 1 in 4 Remote Workers Ordered Back to Office No Longer Live Near Their Job
New Owner of Michael Jordan’s Chicago Mansion Renting It Out for $230,000 Per Month
Jordan custom-built the residence in 1995 and listed it for $29 million in 2012. Continue Reading New Owner of Michael Jordan’s Chicago Mansion Renting It Out for $230,000 Per Month
Union Claims HUD Plans to Cut Half of Its Workforce
Employees in the Federal Housing Administration will not be impacted by the layoffs. Continue Reading Union Claims HUD Plans to Cut Half of Its Workforce
NYC Real Estate Executive Indicted for $30 Million Bank Fraud Scheme
Kevin Feng Gao is charged with one count of bank fraud, which carries a maximum sentence of 30 years in prison. Continue Reading NYC Real Estate Executive Indicted for $30 Million Bank Fraud Scheme
Crypto-Only Buyer Sought for $28 Million Manhattan Office Property
Okada & Co. acquired 111 West 24th Street in 2021 for $16 million. Continue Reading Crypto-Only Buyer Sought for $28 Million Manhattan Office Property
Tennessee Homeowners Impacted by Hurricane Helene to Receive 130% Refund on Property Taxes
Applications for relief will need to be filed by June 30. Continue Reading Tennessee Homeowners Impacted by Hurricane Helene to Receive 130% Refund on Property Taxes
KKR Raises $850 Million for New Real Estate Credit Strategy
“We believe it is a great time to invest real estate credit,” said Matt Salem, partner and head of real estate credit. Continue Reading KKR Raises $850 Million for New Real Estate Credit Strategy
Housing Supply at 5-Year High, Demand at 5-Year Low
Roughly 41,000 home-purchase agreements were canceled in January. Continue Reading Housing Supply at 5-Year High, Demand at 5-Year Low
Multifamily Developers Express Mixed Views on Market
NAHB Chief Economist Robert Dietz is projecting “multifamily construction will decline again in the first half of 2025.” Continue Reading Multifamily Developers Express Mixed Views on Market
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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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