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Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Deltec Homes Debuts New Hurricane-Resistant Housing Model
Deltec Homes, an Asheville, North Carolina-based manufacturer of hurricane-resistant housing, has unveiled Tranquility, the latest model in its 360° Signature Collection. The 1,327-square-foot Tranquility is designed to withstand wind speeds up to 130 mph, with...
USDA to Relocate Majority of Staff and Vacate DC Office Space
The US Department of Agriculture (USDA) has announced a phased plan to vacate much of its office space in the National Capital Region (NCR) and relocate most of its staff to five hub locations across the country. The USDA currently has approximately 4,600 employees...
Barry Habib Added to Fannie Mae’s Board of Directors
Fannie Mae (OTCQB: FNMA) has added Barry Habib, CEO of MBS Highway and a longtime media commentator on the housing market, to its board of directors. Habib’s appointment follows a seven-minute video that he posted to social media where he offered a harsh criticism of...
NEWS & CURRENT EVENTS
Greece Considers Penalty Tax on Property Owners of Vacant Homes
Among the European Union nations, Greece has the highest percentage of its population burdened by excessive housing costs. Continue Reading Greece Considers Penalty Tax on Property Owners of Vacant Homes
Hundreds of LA Wildfire Victims Not Receiving Aid Due to Loss of Mailing Addresses
“Getting relief into the hands of wildfire victims is a top priority for our Office,” said County Assessor Jeff Prang. Continue Reading Hundreds of LA Wildfire Victims Not Receiving Aid Due to Loss of Mailing Addresses
Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million
The nine facilities are comprised of 686 licensed beds. Continue Reading Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million
Luxury Home Prices Rise While Pending Sales Activity Slows
In comparison, non-luxury home prices grew 4.1% to a record high median of $374,598. Continue Reading Luxury Home Prices Rise While Pending Sales Activity Slows
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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.
Jack in the Box to Enter Georgia Market with 15 Eateries
The company is looking into the state’s growing markets including Augusta, Macon and Savannah. Continue Reading Jack in the Box to Enter Georgia Market with 15 Eateries
MBA Names Owen Lee as 2025 Vice Chairman
Lee is CEO of Plymouth, Michigan-based Success Mortgage Partners Inc. Continue Reading MBA Names Owen Lee as 2025 Vice Chairman
Gindi Equities Acquires Multifamily Community in Fargo
Property Resources Group will continue to manage and service the 243-unit community. Continue Reading Gindi Equities Acquires Multifamily Community in Fargo
Report: CFTC Commissioner to be Nominated as FDIC Leader
Christy Goldsmith Romero would replace Martin Gruenberg. Continue Reading Report: CFTC Commissioner to be Nominated as FDIC Leader
Sony Pictures Entertainment Acquires Alamo Drafthouse Cinema Chain
Alamo Drafthouse will continue to operate all 35 of its cinemas across 25 metro areas under its brand. Continue Reading Sony Pictures Entertainment Acquires Alamo Drafthouse Cinema Chain
Federal Reserve Keeps Rates Intact
The Fed added it would “continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities.” Continue Reading Federal Reserve Keeps Rates Intact
Housing Voucher Scam Targets Michigan Residents
There are currently no housing choice voucher waiting lists open in Michigan. Continue Reading Housing Voucher Scam Targets Michigan Residents
Calvera Partners Acquires Multifamily Complex in Dallas
This acquisition is Calvera’s second acquisition in the Dallas-Fort Worth metro area. Continue Reading Calvera Partners Acquires Multifamily Complex in Dallas
Guest Opinion: The Impact of AI on Financial Stability
Acting Comptroller of the Currency Michael J. Hsu details the financial stability challenges created by artificial intelligence. Continue Reading Guest Opinion: The Impact of AI on Financial Stability
More Homes Are Being Listed, But Where Are the Buyers?
Zillow is reporting new listings of houses rose by nearly 13% from one year ago. Continue Reading More Homes Are Being Listed, But Where Are the Buyers?
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