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Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
New Fund Offers Grants to Commercial Developers Along Atlanta’s Beltline Corridor
Atlanta Beltline Inc. has rolled out the Local Developer Incentive Fund, a new pilot program that provides direct capital to small, local developers completing commercial development projects along the city’s Beltline corridor. The new initiative offers grants ranging...
Florida Man Arrested for Threatening to Shoot Commissioners Over Property Taxes
A Florida resident is free on bail after being arrested for threatening to shoot city officials if they increased property taxes. The Daytona Beach News-Journal reports Rodd Westpfahl was charged with written threats to kill or do bodily injury when he made a most on...
Southern Nevada Real Estate Brokerages Announce Merger
Two prominent real estate brokerages serving Southern Nevada, GK Properties and Signature Real Estate Group, have announced a strategic merger. The Las Vegas Journal-Review reports the combined company will operate under the Signature name after Oct. 8. George...
NEWS & CURRENT EVENTS
REMAX: Homes Sales Steady, But Taking Longer to Sell
The median sales price in July was $450,000, down 1.1% from June. Continue Reading REMAX: Homes Sales Steady, But Taking Longer to Sell
Revived Bed Bath & Beyond Retail Chain Will Not Open Stores in California
Marcus Lemonis faulted the California business environment for “higher taxes, higher fees, higher wages that many businesses simply cannot sustain.” Continue Reading Revived Bed Bath & Beyond Retail Chain Will Not Open Stores in California
Report: Trump May Try to Fire Fed Governor Following Mortgage Fraud Accusation
Pulte ignored questions posed to him on X on who authorized an investigation into Cook’s mortgage papers. Continue Reading Report: Trump May Try to Fire Fed Governor Following Mortgage Fraud Accusation
New Joint Venture to Develop Charlotte-Area Townhome Rental Community
The project is expected to be completed by August 2027. Continue Reading New Joint Venture to Develop Charlotte-Area Townhome Rental Community
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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
EQT Real Estate Buys 12-Building Logistics Assemblage in Italy
The properties hold an average building age of 10 years and feature Grade A technical specifications. Continue Reading EQT Real Estate Buys 12-Building Logistics Assemblage in Italy
Hits and Misses for the Real Estate Week of Jan. 20-24
The unlikely blame for a mansion’s lack of buyers, AREA’s first local chapter and a grim forecast on Los Angeles’ housing market. Continue Reading Hits and Misses for the Real Estate Week of Jan. 20-24
Florida Home Sales Down Nearly 2% in 2024
For December, Florida recorded 20,784 closed sales of single-family homes, up 12.8% from the prior year. Continue Reading Florida Home Sales Down Nearly 2% in 2024
Forecast: Construction Industry Needs 439,000 Workers in 2025
A new forecast by the Associated Builders and Contractors (ABC) is estimating that an estimated 439,000 net new workers are needed this year to meet anticipated demand for construction services. The forecast also predicted the construction industry will need to bring...
Wyoming Lawmakers Consider Property Tax Exemption for Gold Star Families
Traditionally, the property tax exemption was only extended to a surviving spouse. Continue Reading Wyoming Lawmakers Consider Property Tax Exemption for Gold Star Families
Liberty SBF Launches $100 Million Real Estate Credit Fund
The fund intends to make quarterly income distributions and expects to return investor capital within four years. Continue Reading Liberty SBF Launches $100 Million Real Estate Credit Fund
Sen. Elizabeth Warren Leads Democrats in Opposing Scott Turner for HUD Secretary
Warren said she could not support Turner without first seeing his FBI background check. Continue Reading Sen. Elizabeth Warren Leads Democrats in Opposing Scott Turner for HUD Secretary
Existing Home Sales Up in December
First-time buyers were responsible for 31% of sales in December. Continue Reading Existing Home Sales Up in December
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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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