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Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
As of October, Florida home values were down about 3% from the same month in 2022. Continue Reading Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
As of October, Florida home values were down about 3% from the same month in 2022. Continue Reading Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
New Home Sales Down 0.6% in July
Sales of new single-family houses in July were at a seasonally adjusted annual rate of 652,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development. This marked a 0.6% decline from the June’s...
Long-Lost Nazi-Looted Artwork Spotted in Online Real Estate Listing
An 18th century painting that was stolen by the Nazis from a Dutch Jewish art dealer and disappeared for decades has been spotted in an online real estate listing in Argentina. The Dutch newspaper AD reports “Portrait of a Lady” by the Italian painter Vittore...
Morgan Properties Acquires Dream Residential REIT for $354 Million
Dream Residential Real Estate Investment Trust (TSX: DRR.U, DRR.UN) is being acquired by an affiliate of Morgan Properties LP in an all-cash transaction valued at approximately $354 million. Toronto-headquartered Dream Residential REIT owns a portfolio of garden-style...
NEWS & CURRENT EVENTS
A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
The FHFA director’s announcement on the use of VantageScore 4.0 might come with a few problems. Continue Reading A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
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
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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.
Kansas Home Sales and Prices Forecast to Rise in 2025
New single-family building permits in Kansas are expected to rise by 5% this year to 5,175 units. Continue Reading Kansas Home Sales and Prices Forecast to Rise in 2025
Massachusetts in Settlement with Franklin Credit Over Zombie Second Mortgages
Franklin Credit will make a monetary payment of $300,000 to the state Continue Reading Massachusetts in Settlement with Franklin Credit Over Zombie Second Mortgages
San Francisco DMV Field Office to Become Apartment Complex
The complex is expected to include approximately 372 residential units with a range of affordability levels. Continue Reading San Francisco DMV Field Office to Become Apartment Complex
Historic Brooklyn Bank Building Could Become a Cannabis Store
The Greenpoint Savings Bank building opened in 1906. Continue Reading Historic Brooklyn Bank Building Could Become a Cannabis Store
Mississippi University Eyes Vacant Hotel to Solve Student Housing Shortage
Jackson State’s current student housing only has about 2,000 available beds, but the school has roughly 4,900 undergraduates. Continue Reading Mississippi University Eyes Vacant Hotel to Solve Student Housing Shortage
Kanye West’s Malibu Property, Listed at $57 Million, Sells for $21 Million
The home includes 1,500 square feet of outdoor decks with ocean views from every room. Continue Reading Kanye West’s Malibu Property, Listed at $57 Million, Sells for $21 Million
Competition Bureau Begins Probe into Canadian Real Estate Association
CREA Chairman James Mabey said the organization’s “rules and policies are both pro-competitive and pro-consumer.” Continue Reading Competition Bureau Begins Probe into Canadian Real Estate Association
New Partnership Seeks to Create Thousands of Rental Housing Units
Azora Advenir is expected to deploy more than $3 billion over the next five years. Continue Reading New Partnership Seeks to Create Thousands of Rental Housing Units
New California Lawsuit Challenges Residential Development Fees
Californians for Homeownership is a nonprofit organization sponsored by the California Association of Realtors. Continue Reading New California Lawsuit Challenges Residential Development Fees
Mortgage Rates Record Uptick
The 30-year fixed-rate mortgage averaged 6.12% as of Oct. 3, up from last week when it averaged 6.08%. Continue Reading Mortgage Rates Record Uptick
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