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Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
Modular Housing Provider Boxabl Uses SPAC to Go Public With $3.5 Billion Valuation
The Las Vegas-headquartered modular housing manufacturer Boxabl announced plans to go public through a merger with FG Merger II Corp. (Nasdaq: FGMC), a publicly traded special purpose acquisition company. Upon closing of the merger, the newly combined company is...
FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties
The Federal Housing Finance Agency (FHFA) announced that Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) are now able to invest in Low Income Housing Tax Credit (LIHTC) properties from $1 billion to $2 billion each, a total of $4 billion per year. “Today’s...
GOP Senators Introduce LETITIA Act to Address Financial Fraud by Politicians
A coalition of Senate Republicans have introduced the Law Enforcement Tools to Interdict Troubling Investments in Abodes (LETITIA) Act, which is designed public officials accountable if they are found to have enriched themselves through federal bank fraud, tax fraud,...
NEWS & CURRENT EVENTS
Bethenny Frankel Sells Connecticut Estate for $7.83 Million
The estate, known as Applejack Farm, was originally built in 1743 and was once the home for Connecticut’s governor Lowell Weicker. Continue Reading Bethenny Frankel Sells Connecticut Estate for $7.83 Million
ALTA Taps Chris Morton as New CEO
He succeeds Diane Tomb, who stepped down after serving six years in the leadership role. Continue Reading ALTA Taps Chris Morton as New CEO
Affordable Housing Activists Plan March Through Toronto
“Governments must stop throwing millions of dollars in subsidies and incentives at profit-making corporations,” said John Clarke of the group 230 Fightback. Continue Reading Affordable Housing Activists Plan March Through Toronto
Top CFPB Enforcement Officer Quits, Claiming Agency is ‘Under Attack’ by Trump
Acting Enforcement Director Cara Petersen said the administration “has no intention to enforce the law in any meaningful way.” Continue Reading Top CFPB Enforcement Officer Quits, Claiming Agency is ‘Under Attack’ by Trump
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
California and Utah Wildfires Result in Neighborhood Evacuations
No injuries were reported in either states’ fires. Continue Reading California and Utah Wildfires Result in Neighborhood Evacuations
Alabama Home Sales Up for Fifth Straight Month
Last month recorded 16,549 active listings, up by 4.9% from the previous month and 43% above the June 2023 level. Continue Reading Alabama Home Sales Up for Fifth Straight Month
Investment Firm Stonepeak Acquires New Zealand Retirement Village Operator
Stonepeak, a New York City-based alternative investment firm specializing in infrastructure and real assets, is acquiring Arvida Group Limited, one of New Zealand’s largest retirement and aged care providers, in an all-cash transaction valued at approximately $1.25...
Icon Parking, NYC’s Largest Parking Company, is Acquired
Icon Parking is the largest minority-owned parking management, operating and mobility services provider in New York City metro area. Continue Reading Icon Parking, NYC’s Largest Parking Company, is Acquired
13th Century English Abbey Listed at $4.5 Million
Burnham Abbey was founded in 1266 by Richard, Earl of Cornwall, the brother of King Henry III. Continue Reading 13th Century English Abbey Listed at $4.5 Million
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%
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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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