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DeSantis Continues Blasting Florida GOP on Multiple Property Tax Proposals
“There’s not one proposal that would get people excited about,” said DeSantis. Continue Reading DeSantis Continues Blasting Florida GOP on Multiple Property Tax Proposals
DeSantis Continues Blasting Florida GOP on Multiple Property Tax Proposals
“There’s not one proposal that would get people excited about,” said DeSantis. Continue Reading DeSantis Continues Blasting Florida GOP on Multiple Property Tax Proposals
Pennsylvania’s Median Home Sales Price Hits New High
The median home sales price in Pennsylvania reached an all-time high in June at $325,000, up 6.5% from the $305,000 price recorded one year earlier. According to data from the Pennsylvania Association of Realtors (PAR), the spike in home prices coincided with an...
Two Mixed-Use Jersey Shore Properties Sell for $5.35 Million
A pair of retail/office properties along the Jersey Shore were sold for a combined $5.35 million. SRZ Properties LLC acquired 9218 Ventnor Avenue in Margate, New Jersey, for $3.15 million. The property encompasses nearly 8,000 square feet, along with an onsite parking...
Report: Canadians Spend 42.3% of Income on Taxes
The average Canadian family spent 42.3% of its income on taxes in 2024, according to a new study published by the nonpartisan Fraser Institute. The percentage spent on taxes is greater than the 35.5% allocated to housing, food and clothing combined. Last year, the...
NEWS & CURRENT EVENTS
Real Estate Agency Slammed for Offering Week’s Free Rent in Exchange for 5-Star Google Reviews
Oddly, the business did not suffer from bad reviews – it enjoyed an average rating of 4.8 stars from 851 reviews prior to the story going live. Continue Reading Real Estate Agency Slammed for Offering Week’s Free Rent in Exchange for 5-Star Google Reviews
Douglas Elliman to Expand Globally
“Elliman International represents the natural progression of our legacy as America’s premier luxury real estate brokerage now becoming global,” said President and CEO Michael S. Liebowitz. Continue Reading Douglas Elliman to Expand Globally
Platform Ventures Launches Multifamily Development Unit
The company “believes multifamily housing offers a blend of stability, income generation, and long-term growth potential.” Continue Reading Platform Ventures Launches Multifamily Development Unit
Progressive Insurance Debuts Program to Empower Prospective Homebuyers
Progressive is also introducing The UpPayment program, a down payment assistance program that will provide a $13,500 grant towards the purchase of a home to up to 100 qualified applicants. Continue Reading Progressive Insurance Debuts Program to Empower Prospective Homebuyers
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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.
CBRE Adjusts 2024 Hotel Forecast, Citing Economic Conditions
CBRE is now projecting a 1.2% increase in revenue per available room growth for 2024. Continue Reading CBRE Adjusts 2024 Hotel Forecast, Citing Economic Conditions
Mortgage Rates Record Slight Uptick
The 30-year fixed-rate mortgage averaged 6.49% as of Aug. 15, up from last week when it averaged 6.49%. Continue Reading Mortgage Rates Record Slight Uptick
Trump Organization Plans Residential and Retail Project for Florida Golf Resort
The new project, which would carry the Trump brand, is budgeted at costing between $2.5 billion and $3 billion. Continue Reading Trump Organization Plans Residential and Retail Project for Florida Golf Resort
Foreclosure Activity Up During July
Nationwide, one in every 4,414 housing units had a foreclosure filing last month. Continue Reading Foreclosure Activity Up During July
UBS to Close Real Estate Fund Focused on Office Market
The market value of the fund’s assets decreased 12% during the first half of the year. Continue Reading UBS to Close Real Estate Fund Focused on Office Market
SEC Charges Todd Burkhalter and His Firm With $300 Million Real Estate Ponzi Scheme
The complaint also named Jacqueline Burkhalter, Burkhalter’s spouse, and several related entities as relief defendants Continue Reading SEC Charges Todd Burkhalter and His Firm With $300 Million Real Estate Ponzi Scheme
Former DC Housing Authority Director Files Lawsuit, Claiming She Was Harassed Into Resigning
In January 2023, Brenda Donald received a $41,250 bonus – the highest payment provided by her contract. Continue Reading Former DC Housing Authority Director Files Lawsuit, Claiming She Was Harassed Into Resigning
Senior Living Provider LCS Announces Leadership Changes
Chris Bird, LCS’ president and chief operating officer, will succeed Joel Nelson as CEO. Continue Reading Senior Living Provider LCS Announces Leadership Changes
They’re Here! ‘Poltergeist’ Home Listed for $1.17 Million
The listing also calls out investors by highlighting the property has “much room to lot split and build a second home!” Continue Reading They’re Here! ‘Poltergeist’ Home Listed for $1.17 Million
Las Vegas Realtors CEO Suspended Amid Election Interference Charges
A third party was contracted to investigate “allegations of election impropriety.” Continue Reading Las Vegas Realtors CEO Suspended Amid Election Interference Charges
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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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