Featured Real Estate News
HUD Proposes Rule Mandating Work Requirements and Time Limits in Public Housing
The Department of Housing and Urban Development (HUD) has put forth a new proposed rule that provides public housing authorities (PHAs) and Section 8 project-based rental assistance (PBRA) owners with the ability to mandate work requirements and time limits for...
HUD Proposes Rule Mandating Work Requirements and Time Limits in Public Housing
HUD noted it is only serving one-quarter of eligible Americans in need of housing assistance. Continue Reading HUD Proposes Rule Mandating Work Requirements and Time Limits in Public Housing
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
The Department of Justice (DOJ) has reportedly hit a new roadblock in its attempts to prosecute New York Attorney General Letitia James on mortgage fraud-related charges. CNN, sourcing its information from an unnamed “person familiar with the development,” is...
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
Ares Commercial Real Estate Corporation (NYSE: ACRE) has acquired a light manufacturing industrial portfolio of 20 properties in eight states. The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. The...
News & Current Events
Government Watchdog Agency Opens Probe into FHFA’s Pulte
Pulte and the FHFA did not publicly comment on the report. Continue Reading Government Watchdog Agency Opens Probe into FHFA’s Pulte
Starter Home Sales Up Nearly 5%
The typical starter home price rose 2% year-over-year to $260,000 in October. Continue Reading Starter Home Sales Up Nearly 5%
Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations
The survey found that 65.3% of Indiana districts already reduced or will reduce support staff, while 55.8% have already reduced or will reduce teaching staff. Continue Reading Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations
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Hudson’s Bay, Canada’s Oldest Retailer, to Close Nearly All Stores
Hudson’s Bay retained the right to remove some locations from the liquidation list if it can secure a deal. Continue Reading Hudson’s Bay, Canada’s Oldest Retailer, to Close Nearly All Stores
New Alabama Law Changes Timing of Buyer Agreements
“Great news! Governor Kay Ivey has officially signed HB 230 into law!” announced the Alabama Association of Realtors. Continue Reading New Alabama Law Changes Timing of Buyer Agreements
Rhode Island’s MLS to be Opened to Non-Realtors
“If it’s a licensee, it still needs to be the entire office,” said RIAR CEO Philip Tedesco. Continue Reading Rhode Island’s MLS to be Opened to Non-Realtors
Virginia Lawmakers Reject Offer to Accept Ownership of James Monroe’s Estate
The estate’s residence is where the nation’s fifth president drafted his Monroe Doctrine. Continue Reading Virginia Lawmakers Reject Offer to Accept Ownership of James Monroe’s Estate
Open House Group Expands Cryptocurrency Options for Real Estate Purchasing
The company is now accepting XRP, Solana and Dogecoin for property transactions. Continue Reading Open House Group Expands Cryptocurrency Options for Real Estate Purchasing
Hits and Misses for the Real Estate Week of March 17-21
A new focus on affordable housing development, a delay in a key confirmation, and an unhappy Chinese leader. Continue Reading Hits and Misses for the Real Estate Week of March 17-21
Rhode Island Home Sales Down 8.8%
The median price of single-family homes of $455,500 marked a 3.5% year-over-year increase. Continue Reading Rhode Island Home Sales Down 8.8%
SBA to Cut 43% of its Workforce
The agency said it will eliminate approximately 2,700 active positions out of a 6,500-member workforce. Continue Reading SBA to Cut 43% of its Workforce
eXp Realty Expands into Peru
“Our expansion into Peru is another bold step as we continue building the most agent-centric real estate brokerage on the planet,” said CEO Glenn Sanford. Continue Reading eXp Realty Expands into Peru