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New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Rep. Andy Biggs (R-AZ) introduced companion legislation in the House of Representatives. Continue Reading New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Rep. Andy Biggs (R-AZ) introduced companion legislation in the House of Representatives. Continue Reading New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Survey: Buyers Turned Off By Sloppily Maintained Neighboring Properties
A home seller living next door to a household with a slovenly property could find themselves losing prospective buyers who don’t want to be future neighbors with a bunch of slobs. A new survey commissioned by REMAX Canada found 18% of Canadians admitting that a poorly...
Refinancing Surge Fuels Rise in Mortgage Application Activity
Mortgage application activity took a substantial increase for the week ending Aug. 8 thanks to an uptick in refinance inquiries, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application...
Palmetto Plaza, Miami-Area Retail Center, Sells for $46 Million
Core Palmetto, an affiliate of Miami-based Core Investment Management, announced the sale of Palmetto Plaza, a 186,095-square-foot retail center in Miami Gardens, Florida. Core acquired Palmetto Plaza in 2021 for $33 million. While the company did not state the sale...
NEWS & CURRENT EVENTS
Compass Sues Zillow Over ‘Anticompetitive’ Ban on Private Listings
“No one company should have the power to ban agents or listings simply because they don’t follow that company’s business model,” said Compass CEO Robert Reffkin. Continue Reading Compass Sues Zillow Over ‘Anticompetitive’ Ban on Private Listings
Existing Home Sales Up in May
The median existing home price for May was $422,800, up 1.3% from the $417,200 price set one year earlier. Continue Reading Existing Home Sales Up in May
Pennsylvania Governor Declines to Rule Out Using Public Funds for New NFL Stadiums
“I’m very worried about the overall budget,” Shapiro said. Continue Reading Pennsylvania Governor Declines to Rule Out Using Public Funds for New NFL Stadiums
Arrest Made in Hit-and-Run Death of ‘Million Dollar Beach House’ Agent Sara Burack
Amanda Kempton faces seven years in prison on a felony charge of leaving the scene of a motor vehicle accident in which there is a fatality. Continue Reading Arrest Made in Hit-and-Run Death of ‘Million Dollar Beach House’ Agent Sara Burack
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Hyatt Acquires Standard International and Hotel Brands
With this transaction, Hyatt will form a new dedicated lifestyle group. Continue Reading Hyatt Acquires Standard International and Hotel Brands
Mortgage Application Activity Drops, Forbearance Levels Rise
The total share of loans now in forbearance increased to 0.27% as of July 31 Continue Reading Mortgage Application Activity Drops, Forbearance Levels Rise
Manufactured Housing Producer Franklin Homes Acquired by Private Equity Firm
Franklin Homes was founded in 1969 and its residences are sold through a retail network in 14 states. Continue Reading Manufactured Housing Producer Franklin Homes Acquired by Private Equity Firm
Equitable Bank Unveils Construction Loan for Canadian Homeowners Seeking Property Expansion
The new loan product will initially be available in the Greater Toronto Area, Greater Vancouver Area and Calgary. Continue Reading Equitable Bank Unveils Construction Loan for Canadian Homeowners Seeking Property Expansion
California Home Sales at Five-Month High
The statewide unsold inventory index was 2.9 months in July. Continue Reading California Home Sales at Five-Month High
Frank Lloyd Wright-Designed Skyscraper Listed for Sale
The property was designated a National Historic Landmark in 2007. Continue Reading Frank Lloyd Wright-Designed Skyscraper Listed for Sale
Ex-Baltimore Prosecutor Seeks Overturn of Mortgage Fraud Conviction
Marilyn Mosby was sentenced to 12 months of home confinement, which she began in June. Continue Reading Ex-Baltimore Prosecutor Seeks Overturn of Mortgage Fraud Conviction
Fire-Damaged Historic Hotel Fire Prevented from Rebuilding Due to 1891 Property Line
Epique Realty Expands into New Mexico and Utah
The company has hired William Lambert as the state broker for both markets. Continue Reading Epique Realty Expands into New Mexico and Utah
Netflix Cancels Mauricio Umansky’s ‘Buying Beverly Hills’ After 2 Seasons
Umansky is already involved in his latest endeavor as the co-founder of the American Real Estate Association. Continue Reading Netflix Cancels Mauricio Umansky’s ‘Buying Beverly Hills’ After 2 Seasons
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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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