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HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Turner added the American people were “depending on us.” Continue Reading HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Turner added the American people were “depending on us.” Continue Reading HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
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...
New Bipartisan Bill Seeks Government Support for ADU Construction
A bipartisan effort is seeking to create a government-backed loan program that will help homeowners fund the creation of accessory dwelling units (ADUs) homes on their properties. The Wall Street Journal reports Rep. Sam Liccardo (D-CA) and Rep. Andrew Garbarino...
Single-Family Housing Starts and Permits Down in June
Single-family housing starts in June were at a rate of 883,000, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 4.6% below the revised May figure of 926,000. Privately-owned housing starts in June were at a...
NEWS & CURRENT EVENTS
California Developer Charged by DOJ and SEC with Defrauding Investors
The DOJ stated that a federal grand jury charged Kenneth W. Mattson with wire fraud, money laundering, and obstruction of justice. Continue Reading California Developer Charged by DOJ and SEC with Defrauding Investors
New Reports Highlight Best Cities for New College Graduates and for Raising Families
Fremont, California, was picked by WalletHub as the best city for families. Continue Reading New Reports Highlight Best Cities for New College Graduates and for Raising Families
FHFA’s Pulte Calls on Powell to Lower Rates
It is extremely uncommon for the leader of a regulatory agency to openly criticize the work of the central bank leader. Continue Reading FHFA’s Pulte Calls on Powell to Lower Rates
Chinese Buyers Top Global Web Searches for South Florida Real Estate
Colombia, the long-time leader for global web searches, ranked second at 9.1%. Continue Reading Chinese Buyers Top Global Web Searches for South Florida Real Estate
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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.
Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo
For the real estate industry, Biden’s exit leaves unanswered questions on whether Harris would continue Biden’s proposals. Continue Reading Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo
Hits and Misses for the Real Estate Week of July 15-19
A presidential plea for rent control, California realtors under a Justice Department magnifying glass and an unlikely viral video hit are among the week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of July 15-19
Active Listings in Texas Up 41% From Last Year
The statewide median price of $345,000 was only 0.6% higher than during the second quarter of 2023. Continue Reading Active Listings in Texas Up 41% From Last Year
Pennsylvania Home Prices Continue to Rise
Sales were on the downswing with 11,010 transactions in June, Continue Reading Pennsylvania Home Prices Continue to Rise
Real Estate Investor Sentiment Up 16%
Elevated insurance costs and squatters were among the main problems facing investors. Continue Reading Real Estate Investor Sentiment Up 16%
Report: Realtors Complain of ‘Stagnated’ Market in Hometown of Trump Shooter
The realtors are optimistic the market will return to normal when the national focus on the shooting starts to fade. Continue Reading Report: Realtors Complain of ‘Stagnated’ Market in Hometown of Trump Shooter
Lucid Capital Markets Establishes REIT Equity Research Group
Lucid Capital Markets LLC, a New York City-based broker dealer and investment bank, has launched its REIT Equity Research Franchise with the hiring of Craig Kucera as managing director. In his new role, Kucera will have coverage responsibilities across the real estate...
MBA: Slower Pace on Applications for New Home Purchase Applications
The average loan size for new homes decreased from $400,150 in May to $399,879 in June. Continue Reading MBA: Slower Pace on Applications for New Home Purchase Applications
Apple Teams with Nonprofits on Fund to Create Bay Area Affordable Housing
Apple Inc. (NASDAQ:AAPL) has partnered with three nonprofits – San Francisco Housing Accelerator Fund, Sobrato Philanthropies, and Destination: Home – to launch the new Bay Area Housing Innovation Fund with the goal of originating targeted loans to advance affordable...
RBC Retrofits Canadian Branch Network to Reduce Carbon Emissions
RBC stated that nearly 40% of its operational carbon emissions stem from its retail locations across Canada. Continue Reading RBC Retrofits Canadian Branch Network to Reduce Carbon Emissions
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