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Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
“There is a perception that housing outside of the GTA is still somewhat affordable, but that’s not true,” said Austin Thompson, senior policy analyst with the Fraser Institute. Continue Reading Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
“There is a perception that housing outside of the GTA is still somewhat affordable, but that’s not true,” said Austin Thompson, senior policy analyst with the Fraser Institute. Continue Reading Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
Citadel Credit Union Debuts Program to Aid Philadelphia-Area Black and Hispanic Homeowners
Exton, Pennsylvania-based Citadel Credit Union has launched the Home Help Program, a $6 million initiative focused on Black and Hispanic homeownership across Philadelphia County. The program will provide provides up to $18,000 in assistance for purchase, refinance, or...
Las Vegas CRE Executive Receives Bloodied Pig’s Head in the Mail from AI Hater
Now, here’s something we don’t see every day – a commercial real estate executive in Las Vegas received a bloodied pig’s head in the mail from someone who hates how artificial intelligence (AI) is impacting the profession. KLAS reports the recipient of this unlikely...
NAR: Typical Agent Reported 10 Transactions in 2024
The typical member of the National Association of Realtors (NAR) had 12 years of experience in 2024, up from 10 one year before, while 74% stated they were very certain they will continue in their profession for at least two more years, according to NAR’s 2025 Member...
NEWS & CURRENT EVENTS
California Attorney General Sues Statewide Landlord, Citing Violations of Multiple Laws
The Nijjar family and their related companies own and manage over 22,000 rental housing units statewide. Continue Reading California Attorney General Sues Statewide Landlord, Citing Violations of Multiple Laws
Oakland’s Largest Hotel Going to a Foreclosure Auction
The property is the headquarters and practice facility of the WNBA’s Golden State Valkyries. Continue Reading Oakland’s Largest Hotel Going to a Foreclosure Auction
Fairway Independent Mortgage Acquires Hallmark Home Mortgage
The acquired company will become Hallmark Home Mortgage, Powered by Fairway. Continue Reading Fairway Independent Mortgage Acquires Hallmark Home Mortgage
New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
“Clearly, our taxpayers are telling us across Ohio that the current status quo is not working,” said Rep. David Thomas. Continue Reading New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
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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.
Louis CK Lists Shelter Island Estate for $9.25 Million
The Tudor-stye 5,300-square-foot residence on a 2.02-acre property was built in 1901. Continue Reading Louis CK Lists Shelter Island Estate for $9.25 Million
CMBS Delinquency Rate Rises, Fueled by Office Sector
Year-over-year, the overall CMBS delinquency rate is up 102 basis points. Continue Reading CMBS Delinquency Rate Rises, Fueled by Office Sector
Furniture Retailer Badcock to Shut Down, Closing 380 Stores
The company’s shuttering follows last week’s bankruptcy filing by its parent company Conn’s. Continue Reading Furniture Retailer Badcock to Shut Down, Closing 380 Stores
Blackstone in Talks to Acquire Retail-Focused REIT
ROIC owns 95 shopping centers covering roughly 10.7 million square feet. Continue Reading Blackstone in Talks to Acquire Retail-Focused REIT
Colibri Real Estate to Host Virtual Career Expos
Both expos will take place virtually and there is no cost to attend. Continue Reading Colibri Real Estate to Host Virtual Career Expos
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
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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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