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RealPage Reaches Settlement with DOJ Over Rent Collusion Case
The company viewed the settlement as a victory. Continue Reading RealPage Reaches Settlement with DOJ Over Rent Collusion Case
RealPage Reaches Settlement with DOJ Over Rent Collusion Case
The company viewed the settlement as a victory. Continue Reading RealPage Reaches Settlement with DOJ Over Rent Collusion Case
Kansas Considers Proposal to End Property Taxes
Kansas has become the latest state to consider the elimination of property taxes. KSNT.com reports Rep. Blake Carpenter has put forth a proposal for a constitutional amendment that would eliminate property taxes, along with vehicle taxes and the state income tax....
Trump Faults Newsom on Rebuilding from Wildfires, Newsom Accuses Trump of Having Dementia
President Trump and Gov. Gavin Newsom engaged in a hostile social media exchange over the rebuilding of Los Angeles County’s fire-ravaged housing market, with the president complaining about the state's recovery plans and the governor’s office accusing Trump of having...
Kennedy Wilson Acquires Toll Brothers’ Apartment Living Platform for $347 Million
The global real estate investment company Kennedy Wilson (NYSE: KW) announced it is acquiring the Apartment Living Platform of the luxury home builder Toll Brothers Inc. (NYSE: TOL) for $347 million. According to the companies, Kennedy Wilson will acquire Toll...
NEWS & CURRENT EVENTS
Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Most of the international buyers of Texas houses came from Mexico (30%), followed by Canada and China (each at 8%), India (7%), and Nigeria (6%). T Continue Reading Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Q2 Mortgage Delinquency Rate Down Slightly
The delinquency rate was down 11 basis points from the first quarter and down 4 basis points from the second quarter of 2024. Continue Reading Q2 Mortgage Delinquency Rate Down Slightly
Building Permits for Apartments Down 23% Since the Pandemic Construction Boom
San Jose led the nation with the greatest median asking rent increase – 8.8% year-over-year in July to $3,569. Continue Reading Building Permits for Apartments Down 23% Since the Pandemic Construction Boom
Indiana Home Sales Up 9% From One Year Ago
Last month’s median price of $275,000 was unchanged from June and 5% above the price in July 2024. Continue Reading Indiana Home Sales Up 9% From One Year Ago
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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.
Bank of England Announces Rate Cut
The central bank’s Monetary Policy Committee voted 7-2 to reduce Bank Rate by 0.25 percentage points, to 4.5%. Continue Reading Bank of England Announces Rate Cut
Canadian Home Sales and Prices Forecast to Rebound in Next 2 Years
As for rental housing CMHC noted that supply began to accelerate in 2024, but affordability was often elusive. Continue Reading Canadian Home Sales and Prices Forecast to Rebound in Next 2 Years
Rhode Island Town Uses Eminent Domain to Seize Property Planned for Affordable Housing
The property’s owner was unaware of the town’s action until it was announced online. Continue Reading Rhode Island Town Uses Eminent Domain to Seize Property Planned for Affordable Housing
loanDepot and Onx Homes Announce New Joint Venture
The companies did not announce the leadership for Onx X+ Mortgage. Continue Reading loanDepot and Onx Homes Announce New Joint Venture
FDIC: ‘Actively Reevaluating’ Cryptocurrency Supervision of Banks
The regulator foresees “a pathway for institutions to engage in crypto- and blockchain-related activities.”
Continue Reading FDIC: ‘Actively Reevaluating’ Cryptocurrency Supervision of Banks
Senate Confirms Scott Turner as HUD Secretary
The 52-year-old Turner is the first HUD Secretary who comes from a private sector real estate background. Continue Reading Senate Confirms Scott Turner as HUD Secretary
Texas-Based MLS to Enable Non-Realtor Access
NAR did not immediately comment on Unlock MLS’ announcement. Continue Reading Texas-Based MLS to Enable Non-Realtor Access
Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
All the merchandise in the stores is on sale at up to 40% off. Continue Reading Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
Mortgage Application Activity Heats Up
The refinance share of mortgage activity increased to 39.0% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity Heats Up
Historic Virginia Estate Sells for $20 Million After 8 Years on the Market
The property was first listed for $33 million in March 2017. Continue Reading Historic Virginia Estate Sells for $20 Million After 8 Years on the 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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