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Report: Chicago Property Taxes See Largest Hike in 30 Years
The city is offering an installment plan with interest for homeowners who are unable to pay their total property tax bill at one time. Continue Reading Report: Chicago Property Taxes See Largest Hike in 30 Years
Report: Chicago Property Taxes See Largest Hike in 30 Years
The city is offering an installment plan with interest for homeowners who are unable to pay their total property tax bill at one time. Continue Reading Report: Chicago Property Taxes See Largest Hike in 30 Years
Realtor.ca Canada Launches CEO Recruitment Process
Realtor.ca Canada Inc. has begun a search process for a CEO. This search will be led by The Leadership Agency, a Toronto-based executive recruitment firm, and the organization said in a statement it was “seeking dynamic candidates who are passionate about building on...
Citigroup to Create $16.1 Million Office Facility in Charlotte
Citigroup (NYSE: C) has announced plans to invest $16.1 million in a new office facility in Charlotte, North Carolina. Reuters reports the banking giant opens is aiming to create 510 new jobs at the facility that will focus on personal banking, finance, and marketing....
Compass Acquires Colorado’s PorchLight Real Estate Group
Compass Inc. (NYSE: COMP) has announced its acquisition of PorchLight Real Estate Group, a Colorado-based brokerage. Founded in 2005 by Amy Bayer and Carol Bayer, PorchLight serves the Denver and Boulder markets. In 2024 alone, the brokerage closed $922.3 million in...
NEWS & CURRENT EVENTS
Hawaii Man Pleads Guilty to Defrauding 78-Year-Old Out of His Home and Yacht
John Tamahere McCabe is scheduled for an Oct. 16 sentencing hearing and faces a statutory maximum sentence of 20 years in federal prison. Continue Reading Hawaii Man Pleads Guilty to Defrauding 78-Year-Old Out of His Home and Yacht
NYC Public Advocate Loses Brooklyn Home After 15 Years of Refusing to Pay His Mortgage
Jumaane Williams owed nearly $1 million in mortgage debt. Continue Reading NYC Public Advocate Loses Brooklyn Home After 15 Years of Refusing to Pay His Mortgage
Elon Musk’s SpaceX Facility to Become America’s Newest City
A weekend vote of 212-6 resulted in the green light to organize the facility and launch site into the City of Starbase. Continue Reading Elon Musk’s SpaceX Facility to Become America’s Newest City
Burlington to Acquire 45 Store Locations from Bankrupt Retailer Jo-Ann
Burlington’s acquisition follows an expansion strategy by the company that saw the opening of 101 new stores last year. Continue Reading Burlington to Acquire 45 Store Locations from Bankrupt Retailer Jo-Ann
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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.
Community Associations Institute Seeks Exemptions from Corporate Transparency Act
Last month, a federal court ruled the act was unconstitutional but did not issue an injunction blocking its enforcement. Continue Reading Community Associations Institute Seeks Exemptions from Corporate Transparency Act
Chicago’s Qamar Group Joins The Real Brokerage
Qamar Group offers 36 agents who serve the Chicago metro area, along with markets across Michigan and Wisconsin. Continue Reading Chicago’s Qamar Group Joins The Real Brokerage
Utah’s Sundance Film Festival Seeks New Host Venue
Sundance has been held since 1981 in the luxury resort setting of Park City, Utah. Continue Reading Utah’s Sundance Film Festival Seeks New Host Venue
Commercial Real Estate Foreclosures Up 117% From Last Year
California had the highest number of commercial foreclosures last month at 187. Continue Reading Commercial Real Estate Foreclosures Up 117% From Last Year
Florida Home Sales Down While Property Prices Rise
The statewide median sales price for single-family existing homes in March was $420,600, up 3.9% from the previous year. Continue Reading Florida Home Sales Down While Property Prices Rise
California Home Sales Down in March
The sales pace in March represented the 18th consecutive month where the activity level was below the 300,000-threshold. Continue Reading California Home Sales Down in March
New York State’s Housing Inventory Sinks to New Record Low
Closed sales fell from 7,790 sales in March 2023 to 6,685 homes last month, a 14.2% decline. Continue Reading New York State’s Housing Inventory Sinks to New Record Low
HUD Updates Multifamily Insurance Deductibles, Citing Wind and Storm Coverage Costs
The updates are designed to provide lenders and property owners with greater flexibility in obtaining and negotiating property insurance premiums/ Continue Reading HUD Updates Multifamily Insurance Deductibles, Citing Wind and Storm Coverage Costs
Mortgage Rates Soar Above 7%
The 30-year fixed-rate mortgage averaged 7.10% as of April 18, up from last week when it averaged 6.88%. Continue Reading Mortgage Rates Soar Above 7%
Existing Home Sales Drop in March
The median existing-home price for all housing types in March was $393,500. Continue Reading Existing Home Sales Drop in March
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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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