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Report: Chicago Property Taxes See Largest Hike in 30 Years
The city is offering an installment plan with interest for homeowners who are unable to pay their total property tax bill at one time. Continue Reading Report: Chicago Property Taxes See Largest Hike in 30 Years
Report: Chicago Property Taxes See Largest Hike in 30 Years
The city is offering an installment plan with interest for homeowners who are unable to pay their total property tax bill at one time. Continue Reading Report: Chicago Property Taxes See Largest Hike in 30 Years
California Leads Nation with Most Q2 At-Risk Housing Markets
The latest Housing Risk Report from ATTOM covering the highest risk markets during the second quarter found that 14 were in California, seven were in Florida, five in New Jersey, and four in Louisiana. ATTOM defined risk by affordability, proportion of seriously...
FHFA’s Pulte: ‘Jay Powell Doesn’t Like Our President’
Federal Housing Finance Agency (FHFA) Bill Pulte continued his campaign against the Federal Reserve leadership by claiming Chairman Jerome Powell was intentionally working against the White House because he “doesn’t like our president.” In a combative interview this...
74-Year-Old Florida Man Arrested in Real Estate Investment Fraud Scheme
The Florida Department of Law Enforcement (FDLE) announced the arrest of 74-year-old Jerald Benjamin Clawson on one count each of organized scheme to defraud and the unlawful use of unregistered securities in a Ponzi-style scheme. The FDLE said it began its...
NEWS & CURRENT EVENTS
Senate Banking Committee Unanimously Approves Bipartisan ROAD to Housing Act
The bill is backed by leading housing industry organizations including the National Association of Realtors and the Mortgage Bankers Association. Continue Reading Senate Banking Committee Unanimously Approves Bipartisan ROAD to Housing Act
Judge Rejects DOJ Request of Early End to Redlining Settlement with Pennsylvania Bank
Last week, ESSA’s parent company ESSA Bancorp completed a merger with CNB Financial Corporation. Continue Reading Judge Rejects DOJ Request of Early End to Redlining Settlement with Pennsylvania Bank
New Record High for Delaware’s Median Sales Price
Delaware recorded 1,300 home sales during June, a slight 0.7% uptick from the 1,291 transactions recorded in May. Continue Reading New Record High for Delaware’s Median Sales Price
Starter Homes Sales and Prices on the Rise
The typical starter home sold for a record $260,000 last month, up 3.1% from June 2024. Continue Reading Starter Homes Sales and Prices on the Rise
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Report: West Virginia Named Top State for 2024’s Inbound Migration
New Jersey recorded the highest outbound migration level for the seventh straight year. Continue Reading Report: West Virginia Named Top State for 2024’s Inbound Migration
NYC Garbage Truck Garage to be Redeveloped as Affordable Housing
The city selected the affordable housing groups Spatial Equity Co., Nehemiah HDFC and Volunteers of America-Greater New York to redevelop the site. Continue Reading NYC Garbage Truck Garage to be Redeveloped as Affordable Housing
Mortgage Applications Down Over a Two-Week Period
The refinance share of mortgage activity decreased to 39.4% of total applications from 44.3% the previous week. Continue Reading Mortgage Applications Down Over a Two-Week Period
Utah Film Producer Sentenced for Forcibly Retaking Home Seized in Tax Evasion Case
Cromar was ordered to pay approximately $723,028.65 in restitution as a condition of his supervised release. Continue Reading Utah Film Producer Sentenced for Forcibly Retaking Home Seized in Tax Evasion Case
Rhino Investments Group Acquires Oregon Retail Center
The financial terms of the acquisition were not disclosed. Continue Reading Rhino Investments Group Acquires Oregon Retail Center
Dubai’s Real Estate Market Broke Sales Records for 2024
Dubai recorded 180,900 real estate transactions in 2024, up 36% from the 133,100 sales in 2023. Continue Reading Dubai’s Real Estate Market Broke Sales Records for 2024
Why Owning a Home in 2025 is More Important Than Ever
Publisher John G. Stevens offers his view on achieving homeownership in the New Year. Continue Reading Why Owning a Home in 2025 is More Important Than Ever
Now-Defunct Success Real Estate Sued by Former Agents
Success Real Estate announced its closure on Dec. 14 in an email and text message. Continue Reading Now-Defunct Success Real Estate Sued by Former Agents
CMBS Delinquency Rate Up 17 Basis Points
The rising delinquency rate was primarily due to the office and retail sectors. Continue Reading CMBS Delinquency Rate Up 17 Basis Points
Case-Shiller: National House Price Index Up 3.6% Year-Over-Year in October
New York City again reported the highest annual gain among the 20 cities with a 7.3% increase in October. Continue Reading Case-Shiller: National House Price Index Up 3.6% Year-Over-Year in October
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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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