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$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
The three-acre estate features a 15,000-square-foot residence with seven bedrooms. Continue Reading $37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
The three-acre estate features a 15,000-square-foot residence with seven bedrooms. Continue Reading $37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
New Bill Would Quadruple Property Taxes on Baltimore’s Vacant Lots
Baltimore’s City Council is considering a new bill that would boost property taxes on vacant lots. The Baltimore Banner reports that vacant lots are taxed $2.248 per $100 of assessed value, the same rate as parcels with structures. Last year, the City Council voted to...
RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
RE/MAX Holdings Inc. (NYSE: RMAX), parent company of REMAX and Motto Mortgage, has hired Vic Lombardo as president of mortgage services. In his new role, Lombardo will oversee growth and operations for the company's mortgage services, including Motto Mortgage and...
Geraldine Hayhurst Joins Farmer Mac as Chief Legal Officer
Farmer Mac (NYSE: AGM, AGM.A) announced the hiring of Geraldine Hayhurst as executive vice president – chief legal officer and secretary, effective Sept. 8. Current Executive Vice President – General Counsel and Secretary Stephen Mullery will retire on April 3, 2026,...
NEWS & CURRENT EVENTS
Survey: Nearly Half of Americans Want to Ban Short-Term Rentals from Residential Areas
About one in six (16%) respondents said Airbnb hosts deserve to have their property damaged. Continue Reading Survey: Nearly Half of Americans Want to Ban Short-Term Rentals from Residential Areas
Survey: 1 in 5 Americans Have Lived in a Storage Unit
The survey also found that 84% of Americans would consider sleeping in a storage unit if they became homeless. Continue Reading Survey: 1 in 5 Americans Have Lived in a Storage Unit
FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants
“We continue to make meaningful investments to address the affordable housing crisis across Arizona, California, and Nevada,” said Joseph E. Amato, interim president and CEO of FHLBank San Francisco. Continue Reading FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants
BMO Unveils Spanish-Language Mortgage Application
The application is available both digitally and in a paper format available at branches. Continue Reading BMO Unveils Spanish-Language Mortgage Application
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California Man Pretending to be Real Estate Agent Arrested for Burglarizing Open Houses
Police located Joshua Lamont at a hotel in Walnut Creek, where he was arrested on Nov. 20. Continue Reading California Man Pretending to be Real Estate Agent Arrested for Burglarizing Open Houses
VanWest Partners Acquires Three Self-Storage Properties
All three facilities will be operated by ClearHome Self Storage, VanWest’s vertically integrated management platform. Continue Reading VanWest Partners Acquires Three Self-Storage Properties
Tampa Bay Rays Warn They May Never Move Into New Stadium
“The Rays organization is saddened and stunned by this unfortunate turn of events” said the team’s co-presidents Brian Auld and Matt Silverman Continue Reading Tampa Bay Rays Warn They May Never Move Into New Stadium
Chicago Mayor Cuts Property Tax Proposal While Telling Critics to ‘Grow Up’
The mayor is now presenting a $150 million proposal. Continue Reading Chicago Mayor Cuts Property Tax Proposal While Telling Critics to ‘Grow Up’
Survey: Most Buyers Move to Find a Bigger and Better Home
Redfin found that women (20%) were more likely than men (13.8%) to cite a concern for safety/crime as a reason for moving. Continue Reading Survey: Most Buyers Move to Find a Bigger and Better Home
Donald Coulter Steps Down as Chief Executive at MCAN Mortgage
Board Chairman Derek Sutherland has been appointed interim CEO until a permanent successor is appointed. Continue Reading Donald Coulter Steps Down as Chief Executive at MCAN Mortgage
Las Vegas Police Fatally Shoot Realtor Who Called for Help During Home Invasion
Brandon Durham was shot six times in his home by Officer Alexander Bookman. Continue Reading Las Vegas Police Fatally Shoot Realtor Who Called for Help During Home Invasion
Mortgage Application Activity and Forbearance Levels on the Rise
“Approximately 65,000 more borrowers are in forbearance compared to one month ago,” said MBA’s Marina Walsh. Continue Reading Mortgage Application Activity and Forbearance Levels on the Rise
Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate
Combs acquired his Holmby Hills estate in 2014 for $39 million and listed it at $60 million prior to his recent arrest. Continue Reading Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate
Mid-Atlantic Brokerages Announce Merger
Both teams operate under the eXp Realty brokerage umbrella. Continue Reading Mid-Atlantic Brokerages Announce Merger
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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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