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Former Calgary Office Building to Become 204-Unit Rental Housing Development
“Calgarians urgently need continued investment in housing,” said Mayor Jeromy Farkas. Continue Reading Former Calgary Office Building to Become 204-Unit Rental Housing Development
Former Calgary Office Building to Become 204-Unit Rental Housing Development
“Calgarians urgently need continued investment in housing,” said Mayor Jeromy Farkas. Continue Reading Former Calgary Office Building to Become 204-Unit Rental Housing Development
Report: White House Offers NYC Mayor Adams a HUD Position if He Drops Re-Election Bid
The Trump administration is reportedly planning to offer New York City Mayor Eric Adams a position in the Department of Housing and Urban Development if he drops his re-election campaign. A Politico report sourced from an unnamed “person with direct knowledge of the...
Developers of Offshore Wind Project Halted by Trump Sue to Void Stop-Work Order
The developers behind the New England-area offshore wind project that was 80% completely before being abruptly halted by the Trump administration has filed a lawsuit to overturn the stop-work order. The New York Times reports Revolution Wind LLC, a joint venture...
Trump’s Fed Pick Says He Will Take Unpaid Leave from White House Job if Confirmed
Stephen Miran, President Trump’s choice to fill a temporary vacancy on the Federal Reserve Board of Governors, surprised a Senate Banking Committee confirmation hearing today by announcing he would not resign his position as chairman of the administration’s Council of...
NEWS & CURRENT EVENTS
Tri Pointe Homes Opens First Community in Utah
The company plans to create four additional communities across Salt Lake, Utah, and Wasatch counties. Continue Reading Tri Pointe Homes Opens First Community in Utah
CMBS Delinquency Rate Rises for Fifth Straight Month
July’s overall delinquent balance was $43.3 billion, and the outstanding balance was $598.9 billion. Continue Reading CMBS Delinquency Rate Rises for Fifth Straight Month
Survey: One-Third of Americans Have No Problems Lying on Credit Applications
On the flip side, Americans expect robust fraud protection that ensures their personal data is not compromised on fraudulent credit applications. Continue Reading Survey: One-Third of Americans Have No Problems Lying on Credit Applications
Leadership Change Announced for Stellar MLS
Stellar MLS serves over 84,000 customers and supports real estate agents and brokers across 21 realtor associations in Central and Southwest Florida and Puerto Rico. Continue Reading Leadership Change Announced for Stellar MLS
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Builder Confidence Inches Up
The latest HMI survey also found 30% of builders cut home prices in January, with an average price reduction of 5%. Continue Reading Builder Confidence Inches Up
Canadian Housing Starts Up 2% During 2024
The vast majority of housing starts (245,120) were in markets with populations of 10,000 and greater. Continue Reading Canadian Housing Starts Up 2% During 2024
FCC Warns Against Fraudulent Mortgage Calling Campaign
Green Mirage has impersonated over 400 mortgage institutions and caused hundreds of thousands of dollars of losses to deceived homeowners. Continue Reading FCC Warns Against Fraudulent Mortgage Calling Campaign
CFPB: Homeowners Near Rivers and Creeks More Likely to be Underinsured Against Flooding
More than 400,000 homes may be underinsured for flooding events in the southeast and central southwestern parts of the country. Continue Reading CFPB: Homeowners Near Rivers and Creeks More Likely to be Underinsured Against Flooding
Mortgage Rates Break Past 7% Level
Mortgage rates ticked up for the fifth consecutive week. Continue Reading Mortgage Rates Break Past 7% Level
Foreclosure Activity Down 10% During 2024
ATTOM also noted there were 28,632 properties with foreclosure filings during December. Continue Reading Foreclosure Activity Down 10% During 2024
Biden Signs Executive Order on Creating New AI Data Centers
The Executive Order required developers adhere to “high labor standards, promoting positive labor-management relations, and paying workers prevailing wages.” Continue Reading Biden Signs Executive Order on Creating New AI Data Centers
Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City
The Browns did not publicly comment on the lawsuit. Continue Reading Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City
Survey: Ontario Residents Remain Pessimistic About Becoming Homeowners
75% strongly supported reducing municipal development charges. Continue Reading Survey: Ontario Residents Remain Pessimistic About Becoming Homeowners
NAR Creates New SVP for Industry Relations Position
NAR said Grasso will spearhead efforts “to deepen engagement with state and local associations.” Continue Reading NAR Creates New SVP for Industry Relations Position
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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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