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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’
New Home Sales Surge by 20.5%
Sales of new single-family houses in August were at a seasonally adjusted annual rate of 800,000, a 20.5% surge from the July rate of 664,000 and a 15.4% rise above the August 2024 rate of 693,000. According to estimates released by the US Census Bureau and the...
Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case
The Department of Justice (DOJ) has acquiesced to President Trump’s demands that mortgage fraud investigation of New York Attorney General Letitia James move forward. According to a Bloomberg report sourced from unnamed “people familiar with the matter,” the case is...
Mortgage Application Activity Records Slight Uptick
Mortgage applications inched up at a mild pace during the week ending Sept. 19, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, recorded a 0.6% uptick on a seasonally...
NEWS & CURRENT EVENTS
Prince and Princess of Wales Moving to New ‘Forever Home’
The relocation will be funded privately, and the royal couple will pay market rent on the property. Continue Reading Prince and Princess of Wales Moving to New ‘Forever Home’
Builders Continue to Have Little Confidence in the Housing Market
37% of builders reported cutting prices in August, down from 38% in July. Continue Reading Builders Continue to Have Little Confidence in the Housing Market
New Data Reports Highlight a Wobbly Housing Market
The median home sale price rose 1.4% year-over-year in July to $443,867, the highest July level on record. Continue Reading New Data Reports Highlight a Wobbly Housing Market
Utah City Approves 34% Property Tax Hike
The supporters of this measure cited a $540,000 budget shortfall for fiscal year 2026. Continue Reading Utah City Approves 34% Property Tax Hike
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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.
California Home Sales Up Nearly 20% Year-Over-Year
The December statewide median price of $861,020 was up by 1% from November’s price of $852,880. Continue Reading California Home Sales Up Nearly 20% Year-Over-Year
Appraisal Foundation Seeks Candidates for Board of Trustees
The board meets twice a year and trustees are reimbursed for travel expenses only. Continue Reading Appraisal Foundation Seeks Candidates for Board of Trustees
Hits and Misses for the Real Estate Week of Jan. 13-17
New leaders for the FHFA and HUD, the status quo at the CFPB and State Farm staying out of the TV spotlight. Continue Reading Hits and Misses for the Real Estate Week of Jan. 13-17
HUD Charges Texas Homeowners Association with Discrimination
The Charge alleged that Providence Homeowners Association twice enacted these rules to reduce the number of Black families in the town. Continue Reading HUD Charges Texas Homeowners Association with Discrimination
Clear Investment Group Acquires DC-Based Multifamily Complex
The financial terms of the acquisition were not disclosed. Continue Reading Clear Investment Group Acquires DC-Based Multifamily Complex
Developers Propose Building Tallest-Ever American Skyscraper in NYC
The project, dubbed 175 Park Avenue, would rise 1,575 feet tall and cost as much as $6.5 billion. Continue Reading Developers Propose Building Tallest-Ever American Skyscraper in NYC
Report: 18-Year-Old Barron Trump in New Real Estate Endeavor
Barron Trump is now studying at New York University’s Stern School of Business. Continue Reading Report: 18-Year-Old Barron Trump in New Real Estate Endeavor
‘Home Alone’ House Sells for $5.5 Million
The house last changed hands in 2012 for $1.58 million. Continue Reading ‘Home Alone’ House Sells for $5.5 Million
Single-Family Housing Starts Up in December
For the full year of 2024, an estimated 1.36 million housing starts were recorded in 2024. Continue Reading Single-Family Housing Starts Up in December
RE/MAX: December Home Sales Up 13.3% Year-Over-Year
New listings were 7.5% higher from the prior year. Continue Reading RE/MAX: December Home Sales Up 13.3% Year-Over-Year
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