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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
Mortgage Rates Drop to 11-Month Low
The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 11, its lowest level since last October. According to the Primary Mortgage Market Survey (PMMS) published by Freddie Mac (OTCQB: FMCC), this week’s mortgage rate is down from last week when it averaged 6.50%....
Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
A total of 35,697 residential properties had foreclosure filings in August, down 1% from July but up 18% year-over-year. “August marked the sixth consecutive month of year-over-year increases in US foreclosure activity and the third straight month with double-digit...
Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable
Most homeowners are concerned they will be unable to afford insurance on their residences, according to a new survey released by Realtor.com. The survey found 88% of respondents fearing they will pay for more homeowners insurance in the future while 42% confirmed they...
NEWS & CURRENT EVENTS
Apartment Rent Growth Continues to Slow
July marked the sixth straight month of flat or negative monthly growth. Continue Reading Apartment Rent Growth Continues to Slow
SBA Disburses Over $1.5 Million to Texas Flood Victims
In the first month following the disaster, SBA has approved more than $8 million in federal disaster loans to the impacted areas. Continue Reading SBA Disburses Over $1.5 Million to Texas Flood Victims
NY Attorney General Letitia James Subpoenaed Over Trump Fraud Case
A spokesperson for James issued a statement that said,”Any weaponization of the justice system should disturb every American.” Continue Reading NY Attorney General Letitia James Subpoenaed Over Trump Fraud Case
Tucson Rejects Proposal for 290-Acre Data Center
Beale Infrastructure, a San Francisco-based development company behind the proposal, planned to bring Amazon Web Services data center to the property. Continue Reading Tucson Rejects Proposal for 290-Acre Data Center
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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.
Home Builders Give Thumbs Down to Trump’s Tariffs on Canada and Mexico
“Tariffs on lumber and other building materials increase the cost of construction,” said NAHB Chairman Carl Harris. Continue Reading Home Builders Give Thumbs Down to Trump’s Tariffs on Canada and Mexico
GOP Cheers, Democrats Slam Trump’s Firing of CFPB Director Rohit Chopra
Sen. Chuck Schumer predicted a “Golden Age of predatory lending.” Continue Reading GOP Cheers, Democrats Slam Trump’s Firing of CFPB Director Rohit Chopra
Pittsburgh-Area Mall Sells for $34 Million
The company bought the mail in 2004 for $231.2 million. Continue Reading Pittsburgh-Area Mall Sells for $34 Million
Study: Homeowners Spend Roughly $24,000 Per Year on Non-Mortgage Housing Expenses
Those in homeowners associations (HOAs) pay an extra $3,077 in annual HOA fees. Continue Reading Study: Homeowners Spend Roughly $24,000 Per Year on Non-Mortgage Housing Expenses
Treasury Secretary Bessent Buys DC Mansion for $12.5 Million
he four-story, 8,000-square-foot residence was built around 1941. Continue Reading Treasury Secretary Bessent Buys DC Mansion for $12.5 Million
Ex-Senior Advisor to Federal Reserve Arrested for Passing Trade Secrets to China
John Harold Rogers is charged with conspiracy to commit economic espionage and with making false statements. Continue Reading Ex-Senior Advisor to Federal Reserve Arrested for Passing Trade Secrets to China
Daniel Figurski Names Chief Appraiser at SingleSource Property Solutions
Figurski is a realtor and broker associate at First Weber Realtors. Continue Reading Daniel Figurski Names Chief Appraiser at SingleSource Property Solutions
Trump Fires CFPB Director Rohit Chopra
The White House did not announce a proposed successor to Chopra. Continue Reading Trump Fires CFPB Director Rohit Chopra
Hits and Misses for the Real Estate Week of Jan. 27-31
The unclear future for the CFPB, a Vermont housing shortage and a halt to San Diego housing vouchers. Continue Reading Hits and Misses for the Real Estate Week of Jan. 27-31
Alanna McCargo Steps Down as FHLBank San Francisco
Joseph E. Amato, the bank’s executive vice president and chief financial officer, will serve as interim president and CEO. Continue Reading Alanna McCargo Steps Down as FHLBank San Francisco
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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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