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Boston City Council Votes to Raise Residential Property Taxes by 13%
Councilor Ed Flynn, a critic of Mayor Michelle Wu, argued the city needs to crack down on its spending. Continue Reading Boston City Council Votes to Raise Residential Property Taxes by 13%
Boston City Council Votes to Raise Residential Property Taxes by 13%
Councilor Ed Flynn, a critic of Mayor Michelle Wu, argued the city needs to crack down on its spending. Continue Reading Boston City Council Votes to Raise Residential Property Taxes by 13%
Hits and Misses for the Real Estate Week of Sept. 22-26
Fewer homes on the market, a stalled wind energy project gets reanimated, and an ancient Roman stadium is unearthed. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 22-26. Miss: Rut Roh. The most jolting data news story...
Sen. Warren Accuses FHFA’s Pulte of Weaponizing Mortgage Fraud Probes
Sen. Elizabeth Warren (D-MA) is spearheading a demand by Senate Democrats that Federal Housing Finance Agency (FHFA) Director Bill Pulte produce documents on his office’s mortgage fraud investigations into three of President Trump’s political foes. Warren, the Ranking...
Toll Brothers Opens Model Home for New Luxury Community in Arizona
Toll Brothers Inc. (NYSE:TOL) announced the grand opening of the new model home at its new Arizona luxury community Toll Brothers at Sedona. The single-story homes in this new community feature floor plans ranging from 3,655 to 4,265 square feet, with 4 to 5 bedrooms,...
NEWS & CURRENT EVENTS
Existing Home Sales Up 2%
The $422,400 median existing-home price for all housing types last month was up by 0.2% from the $421,400 price set one year ago, Continue Reading Existing Home Sales Up 2%
15% of Home Purchase Agreements Fell Through in July
San Antonio led the nation with 730 aborted home-purchase agreements in July, equal to 22.7% of homes that went under contract last month. Continue Reading 15% of Home Purchase Agreements Fell Through in July
Zombie Properties on the Rise
“Vacant and zombie homes can hurt the value of surrounding properties and start a negative spiral in a local housing market,” said Rob Barber, CEO of ATTOM. Continue Reading Zombie Properties on the Rise
Single-Family Built-for-Rent Construction Down in Q2
Approximately 12,000 SFBFRs were started, down from 25,000 starts in the second quarter of 2024. Continue Reading Single-Family Built-for-Rent Construction Down in Q2
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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.
Nominations Sought for Lowe’s Hometowns Community Revitalization Program
$10 million in grants will be allocated to fund 100 renovations and complete an additional 1,700 improvement projects. Continue Reading Nominations Sought for Lowe’s Hometowns Community Revitalization Program
Evan Wayne Named Chief Information Officer at Marcus & Millichap
Wayne was previously CIO for World Market. Continue Reading Evan Wayne Named Chief Information Officer at Marcus & Millichap
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
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