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Beeline Announces First Blockchain-Recorded Home Equity Transactions
BeelineEquity closed five blockchain-tracked equity transactions, with five more scheduled this month. Continue Reading Beeline Announces First Blockchain-Recorded Home Equity Transactions
Beeline Announces First Blockchain-Recorded Home Equity Transactions
BeelineEquity closed five blockchain-tracked equity transactions, with five more scheduled this month. Continue Reading Beeline Announces First Blockchain-Recorded Home Equity Transactions
NYC Panel Approves Hike on Rent-Stabilized Apartments of Up to 4.5%
The New York City Rent Guidelines Board voted 5-4 on a rent hike of up to 4.5% for the city’s roughly 1 million rent-stabilized apartments. The New York Post reports the board approved a 3% rent increase on 1-year leases and 4.5% for 2-year leases that start on or...
CMBS Delinquency Rate Rises to 7.13%; Office Sector Delinquency at New Record High
The commercial mortgage-backed securities (CMBS) delinquency rate rose by 5 basis points in June to 7.13%, according to new data from Trepp Inc. The overall delinquent balance was $42.3 billion this month, down from $42.6 billion in May, while the outstanding balance...
Florida Gov. DeSantis Vetoes Bill for $1 Million Study on Ending Property Tax
Florida Gov. Ron DeSantis has vetoed a bill that would have allocated $1 million to study the potential impacts of eliminating the property tax. The study would have been conducted through the Office of Economic and Demographic Research, with a deadline scheduled for...
NEWS & CURRENT EVENTS
Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million
The auction will take place on-site at San Juliette on May 17 at 11:00 a.m. PDT. Continue Reading Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million
Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents
The company said its policy shift was designed to provide fair access to inventory. Continue Reading Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents
The State with the Greatest Increase in Mortgage Debt Is…
Vermont was the only state with an increase above 2%. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
Connecticut Siblings Charged in Unclaimed Property Fraud Scams
Henry J. White Jr, age 75, and Patricia A. White, age 69, live in the affluent town of Old Greenwich, Connecticu.t Continue Reading Connecticut Siblings Charged in Unclaimed Property Fraud Scams
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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.
Expanded New Listings Drive Up Delaware Home Sales
Also rising were median listing prices – $411,600, up by 5.55%. Continue Reading Expanded New Listings Drive Up Delaware Home Sales
Serge Brousseau Named Board President of Quebec Brokers Group
QPAREB also elected Marie-Claude Génie as vice president of its board of directors. Continue Reading Serge Brousseau Named Board President of Quebec Brokers Group
Bob Dake Named Principal at Sterling Organization
Dake joined the firm in 2021 as chief operating officer of Sterling’s retail real estate platform. Continue Reading Bob Dake Named Principal at Sterling Organization
Independent Mortgage Banks Report Q1 Net Production Losses
The average production volume was $384 million per company in the first quarter. Continue Reading Independent Mortgage Banks Report Q1 Net Production Losses
FHLBank Dallas Launches $1 Million Fund for Tribal Housing
“Our District has about 30 federally recognized tribes,” said FHLBank Dallas’ Greg Hettrick, Continue Reading FHLBank Dallas Launches $1 Million Fund for Tribal Housing
Gallup Poll: Americans View Real Estate as Best Long-Term Investment
This is the tenth straight year that real estate topped the Gallup survey. Continue Reading Gallup Poll: Americans View Real Estate as Best Long-Term Investment
Ex-Baltimore Prosecutor Avoids Prison in Sentencing for Mortgage Fraud
Marilyn Mosby is seeking a presidential pardon. Continue Reading Ex-Baltimore Prosecutor Avoids Prison in Sentencing for Mortgage Fraud
Two Regional Florida Realtor Groups to Merge
the combined organization will encompass more than 24,000 members. Continue Reading Two Regional Florida Realtor Groups to Merge
Tech Trends: A Quartet of New Offerings
Four new digital offerings designed to help real estate professional improve their operations are in the spotlight in this edition of Tech Trends. Continue Reading Tech Trends: A Quartet of New Offerings
New Initiative Plans to Revitalize Downtown Ottawa
“We’re taking a Team Ottawa approach to our downtown,” said Ottawa Mayor Mark Sutcliffe. Continue Reading New Initiative Plans to Revitalize Downtown Ottawa
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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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