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Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
As of October, Florida home values were down about 3% from the same month in 2022. Continue Reading Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
As of October, Florida home values were down about 3% from the same month in 2022. Continue Reading Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing
The summer doldrums weighted on the Mid-Atlantic markets in the Bright MLS service area, which recorded a 2.8% year-over-year decline in closed sales during July. Last month, there were 20,847 new pending contracts in the Bright MLS service area, down by 1.7% from the...
Lawsuit Accuses LA Dodgers’ Ohtani and Agent of Disrupting $240 Million Hawaii Real Estate Deal
A real estate investor and a broker based in Hawaii have filed a lawsuit against Los Angeles Dodgers star Shohei Ohtani and his agent, claiming they conspired to get them fired from The Vista at Mauna Kea Resort, a $240 million luxury housing development. The...
New Rental Housing Community Planned for Downtown Toronto
The developers Dream Unlimited Corp. (TSX: DRM) and CentreCourt Developments have launched a joint venture to create 49 Ontario Street, a mixed-income purpose-built rental housing community in downtown Toronto. Upon completion, the development will feature 1,226...
NEWS & CURRENT EVENTS
Washington Attorney General Sues 5 Properties for Deceiving Low-Income Senior Tenants
The lawsuit said these were violations of the Consumer Protection Act. Continue Reading Washington Attorney General Sues 5 Properties for Deceiving Low-Income Senior Tenants
Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
Year-to-date, Ginnie Mae facilitated the pooling and securitization of 268,000 loans for first-time homebuyers. Continue Reading Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
QXO Makes $5 Billion Acquisition Bid for Building Products Supplier GMS Inc.
“Our all-cash proposal to acquire GMS for $95.20 per share delivers immediate and certain value to GMS shareholders at a meaningful premium,” said QXO’s Brad Jacobs, Continue Reading QXO Makes $5 Billion Acquisition Bid for Building Products Supplier GMS Inc.
California Home Sales, Median Price Down in May
Total active listings in May rose on a year-over-year basis by nearly 50%. Continue Reading California Home Sales, Median Price Down in May
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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.
Peachtree Group Taps Vickie Callahan to Lead Hospitality Management Division
In her new role, Callahan will oversee the company’s portfolio of owned and third-party managed hotels. Continue Reading Peachtree Group Taps Vickie Callahan to Lead Hospitality Management Division
Bill Giambrone, co-founder of Platinum Home Mortgage, Dies at 60
Giambrone teamed with his brother Michael Giambrone to create Platinum Home Mortgage in 1993. Continue Reading Bill Giambrone, co-founder of Platinum Home Mortgage, Dies at 60
NY Fed: Q2 Mortgage Debt Reached $12.52 Trillion
Early delinquency transition rates for mortgages increased by 0.1 percentage point. Continue Reading NY Fed: Q2 Mortgage Debt Reached $12.52 Trillion
Healing Realty Trust in 3 New Preferred Real Estate Partnership Agreements
The announcement follows HRT’s recent closing the first tranche of its $25 million Series A funding round. Continue Reading Healing Realty Trust in 3 New Preferred Real Estate Partnership Agreements
Report: Denver Needs More than 500,000 Housing Units by 2050
The report also highlighted the need for new housing to be in proximity to public transportation. Continue Reading Report: Denver Needs More than 500,000 Housing Units by 2050
Home Price Growth Continues to Cool
CoreLogic is forecasting the rate of growth to decrease by more than half of its current rate. Continue Reading Home Price Growth Continues to Cool
Florida Realtors Disaster Relief Fund Accepting Applications for Hurricane Debby Damage
Business and individual damage applications will be accepted until Feb. 5. Continue Reading Florida Realtors Disaster Relief Fund Accepting Applications for Hurricane Debby Damage
Have Homebuyers Discovered Columbus?
Columbus, Ohio, where the median home price was $309,000, topped the new list of the “Most Popular Markets People Are Moving To.” Continue Reading Have Homebuyers Discovered Columbus?
Sales Up, Prices Down Slight in Toronto’s Housing Market
The average selling price of $1.10 million dipped by 0.9% from the July 2023 result of $1.11 million. Continue Reading Sales Up, Prices Down Slight in Toronto’s Housing Market
NYC’s ‘Worst Landlord’ Faces Return to Prison for Not Repairing Properties
Ohebshalom was previously jailed for 60 days for failing to make repairs at the same buildings. Continue Reading NYC’s ‘Worst Landlord’ Faces Return to Prison for Not Repairing Properties
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