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New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
More than 1,200 New Jersey residents entered into HBAs, including 140 who paid early termination fees ranging from $575 to $42,000 to get out of them. Continue Reading New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
More than 1,200 New Jersey residents entered into HBAs, including 140 who paid early termination fees ranging from $575 to $42,000 to get out of them. Continue Reading New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
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,...
34% Property Tax Hike in Utah: Is Your City Next?
According to a report this morning in Weekly Real Estate News, the city of Ivins, Utah, approved a stunning 34% property tax increase for local homeowners. For a community already wrestling with the rising costs of housing, inflation at the grocery store, and energy...
NEWS & CURRENT EVENTS
Newsom Allocates $101 Million for Multifamily Rebuilding After LA Fires
California Gov. Gavin Newsom announced the state’s Department of Housing and Community Development (HCD) will release $101 million to finance the rebuilding of affordable multifamily rental housing in the Greater Los Angeles Region. According to the governor’s office,...
Hello, Comrade! Russian Investors Take Greater Interest in US Real Estate
The average Russian buyer paid $652,915 per property, while the overall foreign average was $480,695. Continue Reading Hello, Comrade! Russian Investors Take Greater Interest in US Real Estate
Ohio Lawmakers to Consider Overriding Gov. DeWine’s Vetoes on 3 Property Tax Reforms
Ohio’s Senate has not set a date for the consideration of overriding the governor’s votes. Continue Reading Ohio Lawmakers to Consider Overriding Gov. DeWine’s Vetoes on 3 Property Tax Reforms
Asking Rents Down for Fourth Straight Month
On a month-over-month basis, asking rents rose 0.6%. Continue Reading Asking Rents Down for Fourth Straight Month
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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.
Study: Real Estate Commissions Hold Steady in 2 Months Since NAR Settlement
The data analysis encompassed sales at 625 real estate offices. Continue Reading Study: Real Estate Commissions Hold Steady in 2 Months Since NAR Settlement
Expanded Listings Helps Fuel Indiana Home Sales
The state’s median sale price fell from $260,000 in September to $258,000 in October. Continue Reading Expanded Listings Helps Fuel Indiana Home Sales
Jim Henson Studio Lot Sold to John Mayer and McG
Grammy-winning singer John Mayer and filmmaker McG have teamed up to purchase the historic Jim Henson Company studio property in Hollywood. Continue Reading Jim Henson Studio Lot Sold to John Mayer and McG
JD Power: Customer Satisfaction with Mortgage Lenders is Down
Overall customer satisfaction with mortgage lenders was rated at a 727 level on a 1,000-point scale. Continue Reading JD Power: Customer Satisfaction with Mortgage Lenders is Down
Century 21 Expands Franchise Presence into Greece, India and UAE
Charles Tarbey, owner of Century 21 Australia/New Zealand, will oversee the India and the UAE operations. Continue Reading Century 21 Expands Franchise Presence into Greece, India and UAE
The Corcoran Group Launches First Mexican Franchise
Corcoran The Baja Real Estate Co. is owned and operated by Blake Harrington. Continue Reading The Corcoran Group Launches First Mexican Franchise
Foreclosure Activity Up in October
Nevada led the states in foreclosures, where one in every 2,741 housing units with a filing. Continue Reading Foreclosure Activity Up in October
New Effort Seeks to Redirect Chicago Mayor’s $300 Million Property Tax Hike
Senior mayoral adviser Jason Lee said Johnson was willing to back “number of” revenue options in lieu of increasing property taxes. Continue Reading New Effort Seeks to Redirect Chicago Mayor’s $300 Million Property Tax Hike
Todd Meredith Steps Down as Healthcare Realty Trust’s Chief Executive
The board has appointed Constance “Connie” Moore as interim president and CEO. Continue Reading Todd Meredith Steps Down as Healthcare Realty Trust’s Chief Executive
Achieve Expands HELOC Program Parameters
The company stated it has helped nearly 20,000 homeowners access over $1 billion in home equity since 2019. Continue Reading Achieve Expands HELOC Program Parameters
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