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Bloom Finance Company Debuts Reverse Mortgage with Lifetime Fixed Interest Rate
The new product is designed to protect seniors by eliminating uncertainty from interest rate changes and renewal premiums. Continue Reading Bloom Finance Company Debuts Reverse Mortgage with Lifetime Fixed Interest Rate
Bloom Finance Company Debuts Reverse Mortgage with Lifetime Fixed Interest Rate
The new product is designed to protect seniors by eliminating uncertainty from interest rate changes and renewal premiums. Continue Reading Bloom Finance Company Debuts Reverse Mortgage with Lifetime Fixed Interest Rate
California Home Affordability Improves Slightly From One Year Ago
Only 15% of California households could afford to purchase the $905,680 median-priced home in the second quarter, down from 17% in the first quarter and up slightly from 14% in the second quarter of 2024. According to data from the California Association of Realtors...
FHLBank San Francisco Invests $10 Million to Preserve Affordable Housing in Phoenix
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced a $10 million investment in a Freddie Mac bond issuance that will support the continuing affordability of 436 housing units for low-income residents in Phoenix. The new investment follows...
Newmark in Alliance Agreement with Mountain West
Newmark Group Inc. (NASDAQ: NMRK) announced an alliance agreement with Mountain West Commercial Real Estate, a brokerage focused on the Idaho, Montana, Nevada, Utah and Wyoming markets. Under the terms of this alliance, Mountain West will operate as Newmark Mountain...
NEWS & CURRENT EVENTS
Florida Gov. DeSantis Vetoes Bill for $1 Million Study on Ending Property Tax
“We know what needs to be done, so let’s just do it,” said DeSantis. “And we will do it.” Continue Reading Florida Gov. DeSantis Vetoes Bill for $1 Million Study on Ending Property Tax
Cathie Wood Praises FHFA Directive on Cryptocurrencies in Housing Policy
Wood said the FHFA directive “could bolster both crypto and housing significantly.” Continue Reading Cathie Wood Praises FHFA Directive on Cryptocurrencies in Housing Policy
Doron Netanel Named CEO at Commodore Construction
Netanel most recently served as chief financial officer with international construction company Electra USA. Continue Reading Doron Netanel Named CEO at Commodore Construction
Proposed Australian Law Would Require Disclosures on AI-Altered Listing Photos
“Being misled into visiting a property that is not suitable is frustrating for prospective tenants and may mean they miss out on other properties,” said Leo Patterson Ross, president of the Tenants Union of NSW. Continue Reading Proposed Australian Law Would Require Disclosures on AI-Altered Listing Photos
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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.
Walker & Dunlop Expands into Hospitality Sector
Jonathan (Jay) Morrow was named senior managing director of the new practice. Continue Reading Walker & Dunlop Expands into Hospitality Sector
Alabama Church Sues United Methodists to Retain Property
The 185-year-old Church Street Methodist Church filed its lawsuit in Dallas County Circuit Court. Continue Reading Alabama Church Sues United Methodists to Retain Property
New Online Lottery Addresses Nigeria’s Housing Affordability Shortage
Drawings will take place at regular intervals, with the winners being announced publicly. Continue Reading New Online Lottery Addresses Nigeria’s Housing Affordability Shortage
Equity Protect Receives Patents on Property Ownership Authentication System
The newly granted patents cover Equity Protect’s proprietary encryption and data security system. Continue Reading Equity Protect Receives Patents on Property Ownership Authentication System
Phillips Edison & Company Acquires Connecticut Shopping Center
The property is 91% leased and anchored by Big Y Supermarket, Starbucks and Dollar Tree. Continue Reading Phillips Edison & Company Acquires Connecticut Shopping Center
Hits and Misses for the Real Estate Week of Oct. 14-18
This week’s Hits and Misses features dinosaurs selling homes, climate change’s impact on football stadiums and the real estate developer friend from hell. Continue Reading Hits and Misses for the Real Estate Week of Oct. 14-18
Former NFL Player Charged with Embezzlement on Real Estate Projects
Harrison played with the Detroit Lions from 1996 to 1998 and was with the Baltimore Ravens in 1999. Continue Reading Former NFL Player Charged with Embezzlement on Real Estate Projects
Long Island Real Estate Attorney Pleads Guilty to Larceny Charges
Daniel Boldi is expected to be sentenced to three to nine years in prison and is required to pay $1 million. Continue Reading Long Island Real Estate Attorney Pleads Guilty to Larceny Charges
Sun Title Debuts Program to Promote Hispanic Homeownership
The new program provides a suite of services, including bilingual support, educational workshops and a free AI resource in Spanish. Continue Reading Sun Title Debuts Program to Promote Hispanic Homeownership
Sen. Elizabeth Warren Asks Biden to Use Executive Orders to Lower Housing Costs
“We strongly encourage you to cement your legacy by addressing one of the most pressing economic issues of our time,” said the progressives. Continue Reading Sen. Elizabeth Warren Asks Biden to Use Executive Orders to Lower Housing Costs
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