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REMAX: Home Sales Down 4.7% in November
Buyers closed on 18.5% fewer home sales from October to November and 4.7% less than in November 2024. Continue Reading REMAX: Home Sales Down 4.7% in November
REMAX: Home Sales Down 4.7% in November
Buyers closed on 18.5% fewer home sales from October to November and 4.7% less than in November 2024. Continue Reading REMAX: Home Sales Down 4.7% in November
Home Flipping Activity and Profits Down During Q3
A total of 72,217 single-family homes and condominiums were flipped in the third quarter, accounting for 6.8% of home sales between July and September. According to data from ATTOM, the number of flips nationwide was down quarter-over-quarter (from 79,335 in the...
Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
The San Francisco-headquartered housing advocacy group YIMBY Law has filed a lawsuit against California Gov. Gavin Newsom’s Executive Order that suspended SB 9 development in Los Angeles County areas impacted earlier this year by catastrophic wildfires. SB 9, passed...
Granite Real Estate Investment Trust to Delist from the NYSE
Toronto-based Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) announced its intention to voluntarily delist its trust units from the New York Stock Exchange while remaining actively traded on the Toronto Stock Exchange. The company has its decision...
NEWS & CURRENT EVENTS
New York State Raises Property Tax Exemption for Seniors to 65%
Legislation S5175A/A3698A replaces the previous 50% maximum percentage of exemption local governments have been able to offer income-eligible seniors. Continue Reading New York State Raises Property Tax Exemption for Seniors to 65%
Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Dollar General Plans to Open 450 New Stores
Dollar General said it opened 196 new stores in the third quarter. Continue Reading Dollar General Plans to Open 450 New Stores
Texas AG Paxton Sues EPIC City Developers for Securities Fraud
“The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land and line their own pockets,” said Paxton. Continue Reading Texas AG Paxton Sues EPIC City Developers for Securities Fraud
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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.
News Report Uncovers Bill Pulte’s Ownership of Broken-Down Florida Trailer Parks
“Recent visits to two of the mobile home parks revealed a broken fence and overflowing trash bins,” said the Times’ report. Continue Reading News Report Uncovers Bill Pulte’s Ownership of Broken-Down Florida Trailer Parks
Indiana Home Sales Up 4%
Homes sold for a median price of $270,000, unchanged from September but 6% higher than in October 2024. Continue Reading Indiana Home Sales Up 4%
NYC Rents Soared in Month Before Mamdani’s Election
In Manhattan’s luxury real estate market, median prices reached $11,995, a 20% year-over-year spike. Continue Reading NYC Rents Soared in Month Before Mamdani’s Election
California Realtors Back Assumable Mortgage Idea
“Assumable loans could play a key role in unlocking housing opportunities for buyers,” said the organization. Continue Reading California Realtors Back Assumable Mortgage Idea
Feds Seize Over $1 Million in Cryptocurrency from Real Estate Fraud Scheme
The Secret Service is working to identify victims eligible for consideration for compensation with the forfeited funds. Continue Reading Feds Seize Over $1 Million in Cryptocurrency from Real Estate Fraud Scheme
Walmart Announces Change in Leadership
Doug McMillon, who held the leadership position at the company since February 2014, will retire on Jan. 31, 2026. Continue Reading Walmart Announces Change in Leadership
FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell
Rep. Eric Swalwell (D-CA) has become the latest target of mortgage fraud accusations leveled by Bill Pulte, the director of the Federal Housing Finance Agency (FHFA). NBC News, sourcing its coverage from an unnamed “person familiar with the referral,” reports that Pulte sent a criminal referral to the Department of Justice (DOJ) alleging Swalwell committed… Continue Reading FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell Continue Reading FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell
Disbarred Attorney Sentenced for Deed Theft Schemes
Sanford Solny’s law license was suspended in 2012 before he was disbarred in 2023. Continue Reading Disbarred Attorney Sentenced for Deed Theft Schemes
Former NYC Home of Lena Horne Listed for $1.2 Million
The 2,276-square-foot Tudor-Style house in the Addisleigh Park section of the St. Albans neighborhood in Queens was built in 1935 and includes six bedrooms and two-and-a-half bathrooms. Continue Reading Former NYC Home of Lena Horne Listed for $1.2 Million
Nationwide Median Price Up Slightly During October
New listings rose 10.1% year-over-year last month, marking the highest October listing volume since 2021. Continue Reading Nationwide Median Price Up Slightly During October
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