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Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
“This is something no elected official wants to do, but it is the responsible thing to do,” Councilor Barbara Warwick said in a statement. Continue Reading Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
“This is something no elected official wants to do, but it is the responsible thing to do,” Councilor Barbara Warwick said in a statement. Continue Reading Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
Trump Announces New Tariffs on Home Furnishings
President Donald Trump has made a proclamation that home builders and developers may not appreciate – new tariffs on home furnishings. In a Truth Social posting, Trump declared, "We will be imposing a 50% Tariff on all Kitchen Cabinets, Bathroom Vanities, and...
New York State Inventory Rises, But Home Sales Continue to Decline
The latest housing market data from the New York State Association of Realtors found statewide inventory rose by 5.5% to 30,684 units last month from 29,090 in August 2024. This marks the sixth consecutive month of growing supply across the Empire State. New listings...
Mortgage Application Payment Levels Down in August
The national median mortgage payment applied for by loan applicants decreased to $2,100 from $2,127 in August, according to data from the Mortgage Bankers Association (MBA). However, it was also up by $43 from one year ago, equal to a 2.1% increase. The national...
NEWS & CURRENT EVENTS
ALTA Adds Title Insurance Endorsements to Combat Seller Impersonation Fraud
ALTA has also updated its Best Practices framework to help title agents better identify emerging versions of these crimes. Continue Reading ALTA Adds Title Insurance Endorsements to Combat Seller Impersonation Fraud
Leadership Shake-Up at Target with New CEO
Brian Cornell became CEO in 2014, the first chief executive to come into the leadership role from outside of the company. Continue Reading Leadership Shake-Up at Target with New CEO
FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud
Pulte said “the DOJ should go wherever the facts may lead them.” Continue Reading FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud
Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations
Last month, President Trump accused Schiff of mortgage fraud while the lawmaker was a member of the House of Representatives. Continue Reading Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations
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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.
Report: Vermont Needs to Create 7,000 Homes Per Year to Keep Up with Housing Demand
Due to its slow pace of homebuilding, Vermont’s housing stock is among the nation’s oldest. Continue Reading Report: Vermont Needs to Create 7,000 Homes Per Year to Keep Up with Housing Demand
IBM Expands NYC Office Space by 92,663 Square Feet
The 15-year lease covers the entire seventh floor. Continue Reading IBM Expands NYC Office Space by 92,663 Square Feet
Christie’s International Real Estate Expands Mexican Presence
The brokerage is changing its name to Christie’s International Real Estate Mexico Luxury Properties. Continue Reading Christie’s International Real Estate Expands Mexican Presence
Civil Lawsuit Alleging Sexual Assault by the Alexander Brothers is Dismissed
The Alexander brothers still face criminal charges on sex trafficking and civil lawsuits alleging sexual assault. Continue Reading Civil Lawsuit Alleging Sexual Assault by the Alexander Brothers is Dismissed
New Home Sales Up in December
On a full-year measurement, an estimated 683,000 new homes were sold in 2024. Continue Reading New Home Sales Up in December
Report: Trump Team Having Difficulty Securing a New CFPB Director
Kathy Kraninger, who held the position in the first Trump administration from 2018 to 2021, is not interested in returning to Washington. Continue Reading Report: Trump Team Having Difficulty Securing a New CFPB Director
QXO Launches $11 Billion Tender Offer to Acquire Beacon Roofing Supply
“We believe that Beacon would be a strong fit for QXO,” said Brad Jacobs, QXO’s chairman and CEO. Continue Reading QXO Launches $11 Billion Tender Offer to Acquire Beacon Roofing Supply
New York State Housing Inventory at Historic Low
Housing inventory fell 2.6% year-over-year in December to 23,198. Continue Reading New York State Housing Inventory at Historic Low
Connecticut Considers Statewide Landlord Register, Rent Caps When Properties Change Hands
SmartMLS, the Connecticut multiple listing service, found statewide home prices were up 8.2% year-over-year in the fourth quarter of 2024. Continue Reading Connecticut Considers Statewide Landlord Register, Rent Caps When Properties Change Hands
Brookfield Pays $1.6 Billion for Two Japanese Properties
“You’re going to see us doing a lot more in Japan,” said Brookfield’s Andrew Burych. Continue Reading Brookfield Pays $1.6 Billion for Two Japanese Properties
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