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Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
This is the first purchase for Advanced’s new Opportunity Fund (Advanced Fund 24-3). Continue Reading Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
This is the first purchase for Advanced’s new Opportunity Fund (Advanced Fund 24-3). Continue Reading Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
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...
Sen. Warren Blasts FHFA’s Pulte for ‘Abnormal’ Behavior
Sen. Elizabeth Warren (D-MA) has blasted Federal Housing Finance Agency (FHFA) Director Bill Pulte for his excessive social media criticism of Federal Reserve Chairman Jerome Powell. Warren, the Ranking Member of the Senate Banking, Housing, and Urban Affairs...
Report: Opening Federal Land for Development Will Not Solve Basic Housing Shortage Problems
A new report from Realtor.com is questioning whether the Trump administration’s plans to use federal land for housing development will make any impact on the nation’s housing shortage. Approximately 640 million acres of land are federal owned, accounting for nearly...
NEWS & CURRENT EVENTS
Father-Son Duo Plead Guilty to Fraud in Bond Offerings Tied to Sports Complex
The Millers pleaded guilty to one count of securities offering fraud and one count of aggravated identity theft. Continue Reading Father-Son Duo Plead Guilty to Fraud in Bond Offerings Tied to Sports Complex
Home Vacancy Rate Holds Steady for 13th Straight Quarter
ATTOM’s analysis found 222,358 properties were in the foreclosure process during the second quarter. Continue Reading Home Vacancy Rate Holds Steady for 13th Straight Quarter
Cyberattack Shuts Down Real Estate Transactions in Wisconsin County
Christina Weitzel, team lead for the RE/MAX Mineral Point office, complained that the county has been slow in remediating the damage created by the cyberattack. Continue Reading Cyberattack Shuts Down Real Estate Transactions in Wisconsin County
Sotheby’s International Realty Opens New Office in Hungary
The Budapest-based Hungary Sotheby’s International Realty will service the luxury residential market throughout the capital, the surrounding regions, and the Lake Balaton area. Continue Reading Sotheby’s International Realty Opens New Office in Hungary
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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.
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
Apollo Insurance in New Partnership with Century Group
Century Group provides design and construction for mixed-use communities across British Columbia. Continue Reading Apollo Insurance in New Partnership with Century Group
Trump Offers Solution to Homeownership Affordability Challenges: ‘Vote for Trump’
Trump warned Biden’s rent cap proposal would “end up in a Depression like in 1929.” Continue Reading Trump Offers Solution to Homeownership Affordability Challenges: ‘Vote for Trump’
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