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Santa Fe to Link Minimum Wage Increases to Housing Affordability
Santa Fe’s minimum wage will rise to $17.50 in 2027. Continue Reading Santa Fe to Link Minimum Wage Increases to Housing Affordability
Santa Fe to Link Minimum Wage Increases to Housing Affordability
Santa Fe’s minimum wage will rise to $17.50 in 2027. Continue Reading Santa Fe to Link Minimum Wage Increases to Housing Affordability
California Woman Pleads Guilty to Rental Housing Fraud
A California woman pleaded guilty for repeatedly engaging in rental housing fraud. Jenifer Singh, also known as Jenifer Rios, placed fliers at a Thousand Oaks laundromat in December 2023 advertising a home for rent in Simi Valley. A local family called the phone...
Delaware Lawmakers to Hold Special Session to Mitigate Property Tax Hikes
Delaware legislators will meet in a special session to address public anger over recent property tax hikes. Delaware Business Now reports the special session that begins on Aug. 12 comes in response to a court-ordered, statewide property reassessment – the first...
NJ Town Drops Eminent Domain Seizure Threat Against Historic Church Property
A New Jersey town has halted its efforts to seize an Episcopalian church’s property to create a park with pickleball courts. The Asbury Park Press reports Toms River Mayor Daniel Rodrick postponed a vote on seizing Christ Episcopal Church in the wake of angry public...
NEWS & CURRENT EVENTS
Texas Realtor Pleads Guilty to $770,000 Fraud Scheme
Mario Alberto Rodriguez will be sentenced on Aug. 12 and faces up to 20 years in federal prison and a possible $250,000 maximum fine. Continue Reading Texas Realtor Pleads Guilty to $770,000 Fraud Scheme
San Francisco’s Market Center Complex Sold at a Steep Discount
The property, which consists of adjacent 22-story and 40-story towers on Market Street, were 44% leased as of April. Continue Reading San Francisco’s Market Center Complex Sold at a Steep Discount
Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
The Chicago White Sox expressed interest in the site but demanded $1 billion in public funding to cover the development costs. Continue Reading Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
Oceanfront Oregon Hotel Listed for Sale
The hotel was built in 1966 and spans nearly 2.5 acres across five buildings, with 900 feet of exclusive beachfront access. Continue Reading Oceanfront Oregon Hotel Listed for Sale
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Tech Trends: The Latest Offerings in Real Estate Tech
This week’s Tech Trends considers the latest developments on the digital side of the real estate industry. Continue Reading Tech Trends: The Latest Offerings in Real Estate Tech
Healing Realty Trust Raises $25M in Series A Funding Round
The company said the funding will be used to acquire three operating healthcare facilities. Continue Reading Healing Realty Trust Raises $25M in Series A Funding Round
Wisconsin Home Sales Up by 11%
Also on the rise was the median price – $315,500 in May, up 6.9% from $295,000 one year earlier. Continue Reading Wisconsin Home Sales Up by 11%
GOP Senators Reintroduce Bill Putting CFPB Funding Under Congressional Appropriation
“The CFPB has continued to operate as a partisan, rogue regulator,” said Sen. Katie Britt. Continue Reading GOP Senators Reintroduce Bill Putting CFPB Funding Under Congressional Appropriation
Knock.com in New Partnership with NFM Lending
The Knock Bridge Loan can be used to make a down payment on a new home, pay down debt, cover repairs and moving costs. Continue Reading Knock.com in New Partnership with NFM Lending
Mortgage Rates Down for Third Straight Week
The 30-year fixed-rate mortgage averaged 6.87% as of June 20. Continue Reading Mortgage Rates Down for Third Straight Week
Pennsylvania’s Median Home Sales Price at $295K
The number of listings on the market totaled 37,463 in May, up about 5% from the previous month. Continue Reading Pennsylvania’s Median Home Sales Price at $295K
Zillow: Americans Need to Put More Than $127K Down for Typical House
“Down payments have always been important, but even more so today,” said Skylar Olsen, chief economist at Zillow. Continue Reading Zillow: Americans Need to Put More Than $127K Down for Typical House
Mortgage Application Activity on the Rise
“Purchase volume is still more than 10% behind last year’s pace,” said Mike Fratantoni, MBA’s senior vice president and chief economist. Continue Reading Mortgage Application Activity on the Rise
Home Flipping Activity Enjoys Q1 Upswing
Roughly two-thirds of homes flipped in the first quarter were purchased by investors with cash. Continue Reading Home Flipping Activity Enjoys Q1 Upswing
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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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