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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
Report: FICO Increases DC Lobbying Efforts Following Attacks by FHFA’s Pulte
Fair Isaac Corp. (NYSE: FICO) has hired a new lobbying expert to strengthen its position in Washington following a series of attacks against the FICO score provider by Bill Pulte, director of the Federal Housing Finance Agency (FHFA). Politico reports that John...
Mortgage Application Activity Slows Down
Fewer prospective homebuyers were filling out mortgage applications during the week ending July 25, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 3.8% on a...
CoStar Group Files Copyright Infringement Lawsuit Against Zillow
CoStar Group Inc. (NASDAQ: CSGP) filed a lawsuit in New York federal court that accuses Zillow Group (NASDAQ: Z, ZG) of copyright infringement. CoStar alleged that Zillow published over 46,000 of its copyright protected images, with many still bearing the CoStar...
NEWS & CURRENT EVENTS
Report: New Apartments Sitting Vacant for Months
Nearly 125,000 new apartments were completed in the fourth quarter, the second highest number on record. Continue Reading Report: New Apartments Sitting Vacant for Months
King Charles Makes Royal Property Available as Short-Term Rental
The refurbished property has a naughty history as the love-nest of Edward VII, the monarch’s great-great-grandfather, and his actress lover Lillie Langtry. Continue Reading King Charles Makes Royal Property Available as Short-Term Rental
Hyatt Launches New Upscale Hotel Brand
According to the company, the new brand is “designed for travelers who value the essentials and prefer spontaneity over structure.” Continue Reading Hyatt Launches New Upscale Hotel Brand
Ohio Bill Would Cut Seniors’ Property Taxes by 50%, Regardless of Income
Property tax has become a hot-button issue in Ohio. Continue Reading Ohio Bill Would Cut Seniors’ Property Taxes by 50%, Regardless of Income
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Adfitech Rebrands as Mortgage Connect Risk Solutions
The new name reflects its place within parent company Mortgage Connect LP. Continue Reading Adfitech Rebrands as Mortgage Connect Risk Solutions
Lennar Opens New Townhome Community in Miami
Pricing starts in the $400,000s. Continue Reading Lennar Opens New Townhome Community in Miami
Mortgage Rates Continue to Slip
The 30-year fixed-rate mortgage averaged 6.95% as of June 13. Continue Reading Mortgage Rates Continue to Slip
The Most At-Risk Housing Markets Are…
22 of the 50 markets considered least likely to decline were based in Virginia, Wisconsin and Tennessee. Continue Reading The Most At-Risk Housing Markets Are…
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
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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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