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Swiss Mansion That Hosted 1985 Reagan-Gorbachev Summit Up for Auction
Reagan and Gorbachev met for the first time at Villa Fleur d’Eau, which many historians pegged as the beginning of the end of the Cold War. Continue Reading Swiss Mansion That Hosted 1985 Reagan-Gorbachev Summit Up for Auction
Swiss Mansion That Hosted 1985 Reagan-Gorbachev Summit Up for Auction
Reagan and Gorbachev met for the first time at Villa Fleur d’Eau, which many historians pegged as the beginning of the end of the Cold War. Continue Reading Swiss Mansion That Hosted 1985 Reagan-Gorbachev Summit Up for Auction
Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations
A former bishop in the African Methodist Episcopal Zion Church (AME Zion) pleaded guilty to multiple fraud charges in federal court in connection with a scheme to obtain control of church properties in California. According to court documents and the plea agreement,...
White House Demands Access to Fed HQ Renovation Site
The Trump administration is demanding access to the ongoing renovation project at the Federal Reserve’s headquarters as part of its ongoing campaign against the central bank’s chairman, Jerome Powell. The New York Times reports Russell T. Vought, the director of the...
Mortgage Applications on New Home Purchases Up 8.5% from Last Year
Mortgage applications for new home purchases increased 8.5% year-over-year in June, although applications were also down 4% from May. According to new data from the Mortgage Bankers Association, new single-family home sales were running at a seasonally adjusted annual...
NEWS & CURRENT EVENTS
Buffalo Council Approves 8% Property Tax Hike
Acting Mayor Scanlon put forth the 8% property tax levy increase proposal last month, claiming it would generate around $13.7 million. Continue Reading Buffalo Council Approves 8% Property Tax Hike
Trump Says He Will Take Fannie Mae and Freddie Mac Public
Trump did not provide a timeline or details for this endeavor. Continue Reading Trump Says He Will Take Fannie Mae and Freddie Mac Public
Greece Considers Penalty Tax on Property Owners of Vacant Homes
Among the European Union nations, Greece has the highest percentage of its population burdened by excessive housing costs. Continue Reading Greece Considers Penalty Tax on Property Owners of Vacant Homes
Hundreds of LA Wildfire Victims Not Receiving Aid Due to Loss of Mailing Addresses
“Getting relief into the hands of wildfire victims is a top priority for our Office,” said County Assessor Jeff Prang. Continue Reading Hundreds of LA Wildfire Victims Not Receiving Aid Due to Loss of Mailing Addresses
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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.
Mortgage Rates Drop to 6-Month Low
The 30-year fixed-rate mortgage averaged 6.73% as of Aug. 1. Continue Reading Mortgage Rates Drop to 6-Month Low
Housing Inventory Reaches Post-Pandemic High
The amount of time that homes are spending on the market is also growing. Continue Reading Housing Inventory Reaches Post-Pandemic High
Interior Design/Staging Firm Linden Creek Launches Franchise Program
The total investment to open a Linden Creek franchise is between $199,000 and $299,000. Continue Reading Interior Design/Staging Firm Linden Creek Launches Franchise Program
Sen. Elizabeth Warren Unveils $550 Billion Housing Bill, Paid for by Raising Estate Taxes
The bill expands the Community Reinvestment Act to include nonbank mortgage companies. Continue Reading Sen. Elizabeth Warren Unveils $550 Billion Housing Bill, Paid for by Raising Estate Taxes
Half of Q2 Mortgaged Homeowners Are Equity-Rich
The share of home mortgages that were seriously underwater fell to 2.4%. Continue Reading Half of Q2 Mortgaged Homeowners Are Equity-Rich
FTC to Refund $12 Million to Consumers in House Flipping Scheme
The company and its owners agreed to a settlement in February 2022. Continue Reading FTC to Refund $12 Million to Consumers in House Flipping Scheme
Bank of England Cuts Rates for First Time in Over 4 Years
The Monetary Policy Committee voted 5-4 for the rate cut. Continue Reading Bank of England Cuts Rates for First Time in Over 4 Years
Guest Opinion: How to Improve Housing Affordability and Drive New Supply
James H. Schloemer, chairman of the National Multifamily Housing Council, offers his insight on addressing the challenges facing the housing supply. Continue Reading Guest Opinion: How to Improve Housing Affordability and Drive New Supply
Feds Delayed Informing Tenants About Contaminated Water in Detroit Office Building
The 27-story McNamara Building was built in 1976. Continue Reading Feds Delayed Informing Tenants About Contaminated Water in Detroit Office Building
Federal Reserve Holds Rates Again
The central bank’s policy making Federal Open Market Committee declared the “economic outlook is uncertain.” Continue Reading Federal Reserve Holds Rates Again
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