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Ohio Lawmaker Proposes Replacing Local Property Taxes with a Statewide Tax
Local school property taxes would be replaced by a single statewide 20-mill property tax and a 1.75% sales tax increase. Continue Reading Ohio Lawmaker Proposes Replacing Local Property Taxes with a Statewide Tax
Ohio Lawmaker Proposes Replacing Local Property Taxes with a Statewide Tax
Local school property taxes would be replaced by a single statewide 20-mill property tax and a 1.75% sales tax increase. Continue Reading Ohio Lawmaker Proposes Replacing Local Property Taxes with a Statewide Tax
Arrest Made in Hit-and-Run Death of ‘Million Dollar Beach House’ Agent Sara Burack
A Virginia woman was arrested in the fatal hit-and-run death of Sara Burack, the luxury real estate agent who became famous from her appearance on the Netflix series “Million Dollar Beach House.” The New York Post reports Amanda Kempton pleaded not guilty and was...
Kroger to Close 60 Stores Over the Next 18 Months
The Kroger Co. (NYSE: KR) announced plans to close 60 underperforming stores over the next 18 months. Kroger operates 2,730 stores in 35 states and the District of Columbia under multiple brands. In a call with financial analysts after the release the...
Joseph Canizaro, Prominent New Orleans Developer, Dies at 88
Joseph Canizaro, one of New Orleans’ most prominent commercial real estate developers, passed away on Friday at the age of 88 after experiencing a series of strokes. Canizaro first gained industry attention when he developed the 276-foot Lykes Center in 1966 as the...
NEWS & CURRENT EVENTS
HGTV’s Tarek El Moussa Says He Earns $675,000 a Month from House Flipping
“With the last few years, everything going on, I really got super hyper-focused,” El Moussa said. Continue Reading HGTV’s Tarek El Moussa Says He Earns $675,000 a Month from House Flipping
Mortgage Forbearance Levels Down Slightly in March
The five states with the highest share of loans that were current as a percent of servicing portfolio are Washington, Idaho, Alaska, Oregon, and Colorado. Continue Reading Mortgage Forbearance Levels Down Slightly in March
Democrats Reintroduce Housing for All Act to Address Homelessness
“Housing is a basic human right, not a privilege,” said Sen. Alex Padilla. Continue Reading Democrats Reintroduce Housing for All Act to Address Homelessness
Mary Lee Blaylock Named Brokerage President at Sotheby’s International Realty
Blaylock previously served as senior vice president of HomeServices of America Inc., a Berkshire Hathaway affiliate. Continue Reading Mary Lee Blaylock Named Brokerage President at Sotheby’s International Realty
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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.
United Real Estate Rolls Out Financial Wellness Program
“We are solving longstanding problems for self-employed practitioners,” said Phillip Cantrell, executive vice president for strategy. Continue Reading United Real Estate Rolls Out Financial Wellness Program
Initia Real Estate Opens Third Alberta Location
Initia Real Estate, a full-service brokerage serving Canada and Mexico, announced the opening of a new office in Red Deer, Alberta. The new office is Initia’s third in Alberta – its headquarters is in Edmonton and it also has a presence in Calgary. Initia’s other...
AIDS Healthcare Foundation Cancels $27 Million Purchase of Six LA Properties
The organization said the buildings “would require $14 million to bring them up to a fully habitable state.” Continue Reading AIDS Healthcare Foundation Cancels $27 Million Purchase of Six LA Properties
HomeServices Agrees to $250 Million Settlement in Sitzer/Burnett Case
The company was the last defendant in the case to agree to a settlement. Continue Reading HomeServices Agrees to $250 Million Settlement in Sitzer/Burnett Case
Builders Angry Over Biden’s Energy Standards Changes
“This senseless nationwide codes mandate will significantly raise housing costs,” said NAHB Chairman Carl Harris. Continue Reading Builders Angry Over Biden’s Energy Standards Changes
Production Losses Widen for Independent Mortgage Banks
The refinancing share of total originations (by dollar volume) decreased to 11% in 2023 from 20% in 2022. Continue Reading Production Losses Widen for Independent Mortgage Banks
Q1 Office Market Sales Down 17%
Washington, D.C., led the nation in sales, with transactions totaling $999 million through the first quarter. Continue Reading Q1 Office Market Sales Down 17%
Rentec Direct Offers App for Rental Property Management
The app also facilitates prompt responses to urgent issues with push notifications for new work orders and text responses. Continue Reading Rentec Direct Offers App for Rental Property Management
Yukon Real Estate Association in Consent Agreement with the Competition Bureau
The YREA will not adopt or enforce residency requirements. Continue Reading Yukon Real Estate Association in Consent Agreement with the Competition Bureau
California Real Estate Broker Sentenced for Embezzlement Scheme
The district attorney’s office froze multiple homes and bank accounts belonging to Pirozzi when the criminal case against him was filed. Continue Reading California Real Estate Broker Sentenced for Embezzlement Scheme
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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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