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Texas Voters Approve Property Tax Relief Amendments
“These measures will provide much-needed school property tax cuts statewide for Texas taxpayers,” said State Sen. Paul Bettencourt (R-Houston), the author of both bills, Continue Reading Texas Voters Approve Property Tax Relief Amendments
Texas Voters Approve Property Tax Relief Amendments
“These measures will provide much-needed school property tax cuts statewide for Texas taxpayers,” said State Sen. Paul Bettencourt (R-Houston), the author of both bills, Continue Reading Texas Voters Approve Property Tax Relief Amendments
New Single-Family Home Sales Up Slightly During June
Sales of new single-family houses in were at a seasonally adjusted annual rate of 627,000 during June, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. The sales activity is a mild 0.6% rise above the May...
Home Sale Profits Up Slightly During Q2
The typical seller made a 50% profit selling single-family homes and condos during the second quarter of the year, according to new data from ATTOM. The second quarter figure marked a slight increase from the 48.9% national median profit margin posted in the first...
Fannie Mae Sued for Discrimination by Over 60 Former Employees
More than 60 former employees of Fannie Mae (OTCQB; FNMA), all of whom are US citizens of Indian nationality, have filed a lawsuit in federal court accusing the government-sponsored enterprise of discrimination. The lawsuit stated the plaintiffs learned of their...
NEWS & CURRENT EVENTS
Toronto Home Sales Down 13.3% From One Year Ago
The average selling price of $1.12 million was 4% below the level set one year before. Continue Reading Toronto Home Sales Down 13.3% From One Year Ago
NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
“Mortgage rates are the magic bullet, and we’re waiting and waiting until those come down,” said Lawrence Yun. Continue Reading NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
Utah’s Largest Mansion Goes Up for Auction This Week
The residence includes a dining room table that can seat up to 42 people and a home theater that can accommodate up to 62 movie lovers. Continue Reading Utah’s Largest Mansion Goes Up for Auction This Week
North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
The county’s budget includes pay raises from 1% to 3.5% for 5,000 public employees. Continue Reading North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
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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.
Marriott Sues NYC Franchisee for Turning Hotel into Illegal Immigrant Shelter
More than one in five New York City hotels are now operating as shelters to accommodate the influx of illegal immigrants that burdened the city. Continue Reading Marriott Sues NYC Franchisee for Turning Hotel into Illegal Immigrant Shelter
Disney Unveils Slate of Projects to Expand Attractions and Lands at Theme Parks
The company highlighted “largest land expansion” at the Magic Kingdom within the Walt Disney World Resort in Orlando. Continue Reading Disney Unveils Slate of Projects to Expand Attractions and Lands at Theme Parks
Hits and Misses for the Real Estate Week of Aug. 5-9
An office building that sold at a tremendous loss, a community of 3D printed homes and Gavin Newsom cleaning up Los Angeles top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Aug. 5-9
EasyKnock in New Partnership to Bring Veterans into Housing Careers
“Veterans have given so much to our country, and it’s our responsibility to give back,” said Jarred Kessler, CEO of EasyKnock. Continue Reading EasyKnock in New Partnership to Bring Veterans into Housing Careers
Construction Begins on 146-Unit Affordable Housing Development in Vancouver
The Sunrise Village project will encompass two new buildings that will replace an aging 64-apartment building. Continue Reading Construction Begins on 146-Unit Affordable Housing Development in Vancouver
Doma Title Insurance to Offer ID Verification Tool to Agents and Attorney
30% of all claims paid by Doma Title Insurance involved fraud and forgery during 2023. Continue Reading Doma Title Insurance to Offer ID Verification Tool to Agents and Attorney
Seattle’s Historic Smith Tower Skyscraper is Sold to Investors Group
It was the tallest building on the West Coast until the opening of Seattle’s Space Needle as part of the 1962 World’s Fair. Continue Reading Seattle’s Historic Smith Tower Skyscraper is Sold to Investors Group
Rising Interest Rates Blamed for Multifamily Developer Confidence Declines in Q2
NAHB Chief Economist Robert Dietz opined that “financial markets may become more stable later in the year.” Continue Reading Rising Interest Rates Blamed for Multifamily Developer Confidence Declines in Q2
Mortgage Credit Availability at 9-Month High
MBA’s Joel Kan attributed the rise to “increased conventional loan offerings such as ARMs and cash-out refinance loans.” Continue Reading Mortgage Credit Availability at 9-Month High
Toll Brothers Opens Luxury Apartment Community in Dallas Suburb
The new community features 357 studio, one-, and two-bedroom apartments. Continue Reading Toll Brothers Opens Luxury Apartment Community in Dallas Suburb
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