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Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
“We have to see what the numbers look like,” said Gov. Kim Reynolds. Continue Reading Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
“We have to see what the numbers look like,” said Gov. Kim Reynolds. Continue Reading Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
New Executive Shifts Announced at loanDepot
Irvine, California-headquartered loanDepot Inc. (NYSE: LDI) announced the promotions of Tom Fiddler to the newly established position as president of retail lending and Dan Peña as president of partnership lending. Fiddler joined loanDepot in 2015 and was most...
Trump Names Council of Economic Advisors Chairman Stephen Miran to Temporarily Fill Fed Board Vacancy
President Trump has named Dr. Stephen Miran, chairman of the Council of Economic Advisors, as a temporary replacement on the Federal Reserve Board of Governors. Miran’s interim term will run through until Jan. 31, 2026. In a Truth Social posting, the president said...
Price Premium for New Construction Drops to Record Low
The price premium for new construction compared to existing homes dropped to a record low of 7.8% during the second quarter, according to new data from Realtor.com. The median list price for a newly built home in the second quarter was $450,797, essentially flat from...
NEWS & CURRENT EVENTS
Hits and Misses for the Real Estate Week of June 9-13
The closing of HUD’s Los Angeles field offices by the ongoing riots, Ohio lawmakers kowtowing to the Cleveland Browns, and a real estate agent who keeps selling at 100. Continue Reading Hits and Misses for the Real Estate Week of June 9-13
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
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Sales Tumble, Prices Moderate in Florida’s Housing Market
In the second quarter, Florida’s single-family median sales price was $428,000, up 2.4% compared to the same quarter in 2023. Continue Reading Sales Tumble, Prices Moderate in Florida’s Housing Market
New York State Median Home Sales Price Hits Record High
As prices spiked, closed sales tumbled to 8,630 homes, down 17.4% year-over-year. Continue Reading New York State Median Home Sales Price Hits Record High
$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
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