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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
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...
Flyhomes Raises $15 Million in Series D Funding
Flyhomes, an Issaquah, Washington-based provider of homebuyer financing solutions, announced it secured $15 million in Series D funding, led by existing investors. According to the company, the newly raised capital will be used to expand Flyhomes’ Buy Before You Sell...
NEWS & CURRENT EVENTS
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
Real Estate Agency Slammed for Offering Week’s Free Rent in Exchange for 5-Star Google Reviews
Oddly, the business did not suffer from bad reviews – it enjoyed an average rating of 4.8 stars from 851 reviews prior to the story going live. Continue Reading Real Estate Agency Slammed for Offering Week’s Free Rent in Exchange for 5-Star Google Reviews
Douglas Elliman to Expand Globally
“Elliman International represents the natural progression of our legacy as America’s premier luxury real estate brokerage now becoming global,” said President and CEO Michael S. Liebowitz. Continue Reading Douglas Elliman to Expand Globally
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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.
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
Housing Starts Slumped in May
Single‐family authorizations in May were down 2.9% from the revised April figure of 977,000. Continue Reading Housing Starts Slumped in May
Switzerland Cuts Interest Rates for Second Time, UK Holds Rates Steady
Norway’s central bank held its key policy rate at 4.5%. Continue Reading Switzerland Cuts Interest Rates for Second Time, UK Holds Rates Steady
Survey: Nearly Half of Americans Struggling to Maintain Financial Stability
“A large segment of the American public feels it is financially behind the eight ball,” said Monmouth University’s Patrick Murray. Continue Reading Survey: Nearly Half of Americans Struggling to Maintain Financial Stability
CRMLS and BeachesMLS in Reciprocal Access Agreement
The reciprocal access between systems will be made available to users of both MLSs immediately. Continue Reading CRMLS and BeachesMLS in Reciprocal Access Agreement
Seven-Building Affordable Housing Portfolio in Brooklyn is Sold
Tredway and ELH said they were investing upwards of $10 million for quality-of-life and energy efficiency upgrades in the portfolio. Continue Reading Seven-Building Affordable Housing Portfolio in Brooklyn is Sold
CBRE Acquires Data Center Infrastructure Provider Direct Line Global
CBRE Group Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm, has acquired Direct Line Global, a portfolio company of Guardian Capital Partners. Founded in 1997 and based in Fremont, California, Direct Line Global provides...
CFPB Proposes $3.95 Million Fine Against Freedom Mortgage Corporation
“Freedom Mortgage is a repeat offender,” said CFPB Director Rohit Chopra. Continue Reading CFPB Proposes $3.95 Million Fine Against Freedom Mortgage Corporation
The Best and Worst US Cities Are…
Nampa, Idaho, and San Francisco occupied the opposite ends of the list. Continue Reading The Best and Worst US Cities Are…
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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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