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New ‘Mansion Tax’ Coming to England
Tens of thousands of properties could be impacted by this new tax, with most of the residences located in London. Continue Reading New ‘Mansion Tax’ Coming to England
New ‘Mansion Tax’ Coming to England
Tens of thousands of properties could be impacted by this new tax, with most of the residences located in London. Continue Reading New ‘Mansion Tax’ Coming to England
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
North Carolina Foundation for Helping Realtors in Need Removes ‘Realtors’ From Name
The Wilmington Realtors Foundation is now called the Housing Foundation of Southeastern North Carolina. Continue Reading North Carolina Foundation for Helping Realtors in Need Removes ‘Realtors’ From Name
Report: New Wave of Texas Data Centers Could Create Elevated Air Pollution Levels
More than 100 new gas power data center projects are currently being considered by Texas regulators. Continue Reading Report: New Wave of Texas Data Centers Could Create Elevated Air Pollution Levels
Canada’s RARE Real Estate Expands Into US Market
The company became a household name through the Amazon Prime series “Luxe Listings Toronto.” Continue Reading Canada’s RARE Real Estate Expands Into US Market
Mortgage Credit Availability at Highest Level in Nearly 3 Years
“Credit supply increased to its highest level since August 2022,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at Highest Level in Nearly 3 Years
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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.
Euclid Mortgage Creates Mortgage Advisory Panel
Andrew Bon Salle, Claudia Merkle and Ivy Zelman were named to the panel. Continue Reading Euclid Mortgage Creates Mortgage Advisory Panel
Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase
Laurene Powell Jobs paid approximately $70 million to acquire a four-story, 17,300-square-foot mansion in the Pacific Heights section. Continue Reading Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase
Macy’s Ends Acquisition Talks with Activist Investor Groups
“We are open-minded to exploring all paths to enhancing shareholder value,” said Paul Varga, lead independent director at Macy’s. Continue Reading Macy’s Ends Acquisition Talks with Activist Investor Groups
The Country Attracting the Most British Expatriates Is…
“We expect Spain to stay a popular destination for British movers throughout 2024,” said Dave Sayce, founder and managing director of Compare My Move. Continue Reading The Country Attracting the Most British Expatriates Is…
KKR Acquires Houston Industrial Logistics Park for $234 Million
The global investment firm KKR (NYSE:KKR) has acquired Park 8Ninety, a 12-building industrial logistics park in Houston, from Artis Real Estate Investment Trust (OTCMKTS: ARESF) for approximately $234 million. The acquired property is a 1.8 million-square-foot master...
NYPD Boosts Security Around Trump Properties Following Assassination Attempt
NYPD presence is increased at Trump Tower and 40 Wall Street. Continue Reading NYPD Boosts Security Around Trump Properties Following Assassination Attempt
Hits and Misses for the Real Estate Week of July 8-12
This week’s Hits and Misses considers Denver’s affordable housing, the response to Hurricane Beryl and too many empty offices in San Francisco. Continue Reading Hits and Misses for the Real Estate Week of July 8-12
Indiana Home Sales Down While Prices Rise
There were 8,896 new listings last month, down 7% from May and down 5% from June 2023. Continue Reading Indiana Home Sales Down While Prices Rise
Report: Immigrant Influx Exacerbates British Columbia’s Housing Problems
30,621 housing units were completed in 2023 in the province’s seven Census Metropolitan Areas, a 1% uptick from 2022. Continue Reading Report: Immigrant Influx Exacerbates British Columbia’s Housing Problems
Fair Housing Complaints Reach Record High for Third Straight Year
NFHA added that most of the housing discrimination incidents that occur go unreported. Continue Reading Fair Housing Complaints Reach Record High for Third Straight Year
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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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