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NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
NewDay USA said this new product will allow veterans to “compete like cash buyers and close in as few as 15 days.” Continue Reading NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
NewDay USA said this new product will allow veterans to “compete like cash buyers and close in as few as 15 days.” Continue Reading NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
Q2 Home Sales in Texas Up 1.4%
Closed sales across Texas during the second quarter totaled 95,364, a year-over-year uptick of 1.4%. According to data from Texas Realtors, closed sales were up in 16 of the state’s metro areas and down in 10. Statewide, active listings increased 27.8% from the same...
New Legislation Seeks to Address Systemic Bias in Home Appraisals
Six Democratic senators have introduced legislation designed to address the potential for systemic bias in the home appraisal process. The Appraisal Modernization Act would require the Federal Housing Finance Agency to publish an online database of property-level...
Utah Blocks Land Purchase Near Airport by Chinese Defense Contractor
Utah Gov. Spencer J. Cox announced his administration has stopped an attempted land acquisition near Provo Airport by Cirrus Aircraft, a company that is majority-owned by the defense contractor Aviation Industry Corporation of China (AVIC). A 2023 Utah law prevents...
NEWS & CURRENT EVENTS
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
Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million
The nine facilities are comprised of 686 licensed beds. Continue Reading Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million
Luxury Home Prices Rise While Pending Sales Activity Slows
In comparison, non-luxury home prices grew 4.1% to a record high median of $374,598. Continue Reading Luxury Home Prices Rise While Pending Sales Activity Slows
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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.
$7 Billion Mixed-Use Development Plan Unveiled Around Chicago’s United Center
The housing element of the plan could encompass “various unit sizes and includes affordable, market rate and luxury.” Continue Reading $7 Billion Mixed-Use Development Plan Unveiled Around Chicago’s United Center
OUCH! Existing Home Sales Sink to Six-Month Low
The median existing-home price for all housing types in June was $426,900, an all-time high. Continue Reading OUCH! Existing Home Sales Sink to Six-Month Low
Prudent Growth Partners Buys Florida Shopping Center for $8 Million
Built in 2007, the property is located within a retail corridor in Miramar Beach just off Emerald Coast Parkway. Continue Reading Prudent Growth Partners Buys Florida Shopping Center for $8 Million
Housing Purchase Deals Being Canceled at Record Rate
Home prices only rose by a relatively scant 0.2% in June, the smallest month-over-month increase since January 2023. Continue Reading Housing Purchase Deals Being Canceled at Record Rate
Fannie Mae: Home Price Growth to Moderate as Listings Expand
“The housing market continues to wait for affordability to improve, even as the supply of new and existing homes for sale slowly rises,” said Fannie Mae’s Doug Duncan. Continue Reading Fannie Mae: Home Price Growth to Moderate as Listings Expand
Pretium Raises $1.5 Billion with Sixth Single-Family Housing Fund
Since 2020, Pretium has invested more than $2.62 billion toward new build-to-rent construction. Continue Reading Pretium Raises $1.5 Billion with Sixth Single-Family Housing Fund
Trump Seeks Reduction or Dismissal of $454 Million Judgment in Real Estate Valuation Fraud Case
A statement issued by the office of New York Attorney General Letitia James was dismissive of the appeal. Continue Reading Trump Seeks Reduction or Dismissal of $454 Million Judgment in Real Estate Valuation Fraud Case
A Phil Hall Op-Ed: A Couple of Obnoxious Real Estate Agents on Social Media
Atrocious hate speech messaging from two real estate agents is in the spotlight. Continue Reading A Phil Hall Op-Ed: A Couple of Obnoxious Real Estate Agents on Social Media
Sidekick in New Partnership with New York’s OneKey MLS
Sidekick’s integrated datasets and AI-powered workflow tools will be made available to the more than 45,000 OneKey MLS realtors. Continue Reading Sidekick in New Partnership with New York’s OneKey MLS
Dominic Iannitti, Founder and Chief Executive at DocMagic, Has Died
Pat Theodora, DocMagic’s chief financial officer, will assume Iannitti’s leadership role. Continue Reading Dominic Iannitti, Founder and Chief Executive at DocMagic, Has Died
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