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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
Residential Transition Lender Dunmor Opens Wholesale Broker Division
Dunmor, a Los Angeles-based nationwide direct lender in residential transition loans, has launched a wholesale broker division. According to the company, the new division will enable wholesale mortgage brokers to offer residential transition loans to their clients....
Capital One to Close Discover’s Home Equity Lending Business
Capital One Financial Corp. (NYSE: COF) will be shutting down the home equity lending business run by its recently acquired Discover operations. The website for Discover’s home loans business carries a statement that reads, “Discover Home Loans is no longer accepting...
Slate Asset Management Acquires 6-Property Multifamily Portfolio for $226.5 Million
Slate Asset Management, a Chicago-headquartered investor and manager focused on real estate and infrastructure assets, has acquired a six-property, 1,600-unit multifamily portfolio for $226.5 million. The properties in the portfolio are garden-style apartments...
NEWS & CURRENT EVENTS
Connecticut Siblings Charged in Unclaimed Property Fraud Scams
Henry J. White Jr, age 75, and Patricia A. White, age 69, live in the affluent town of Old Greenwich, Connecticu.t Continue Reading Connecticut Siblings Charged in Unclaimed Property Fraud Scams
Mortgage Rates Continue Their Decline
The 30-year fixed-rate mortgage averaged 6.76% as of May 1, down from last week when it averaged 6.81%. Continue Reading Mortgage Rates Continue Their Decline
Century 21 in New Partnership with The Institute for Luxury Home Marketing
The new partners have launched a co-branded quarterly report that provides market data on the luxury home market. Continue Reading Century 21 in New Partnership with The Institute for Luxury Home Marketing
Report: Households Need to Earn $114,000 to Afford a Median-Priced Home
Five of the 10 markets with the highest required incomes to afford a home are in California. Continue Reading Report: Households Need to Earn $114,000 to Afford a Median-Priced Home
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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.
Redfin: Monthly Housing Payments Set New Record
“Housing costs are likely to continue going up for the near future,” said Redfin Economic Research Lead Chen Zhao. Continue Reading Redfin: Monthly Housing Payments Set New Record
Stewart Acquires All New York Title Agency
The financial terms of the acquisition were not announced. Continue Reading Stewart Acquires All New York Title Agency
Vietnamese Real Estate Tycoon Sentenced to Death in $12.5 Billion Fraud Case
The level of her fraud equaled nearly 3% of the country’s 2022 GDP. Continue Reading Vietnamese Real Estate Tycoon Sentenced to Death in $12.5 Billion Fraud Case
Guest Opinion: The New York Fed Chief’s View of the Economy
We’re not seeing the types of risks in housing finance that we saw during the housing boom before the 2007-2008 financial crisis. Continue Reading Guest Opinion: The New York Fed Chief’s View of the Economy
Mortgage Rates Drift Closer to the 7% Mark
The 30-year fixed-rate mortgage averaged 6.88% as of April 11. Continue Reading Mortgage Rates Drift Closer to the 7% Mark
Foreclosure Activity Inches Up During Q1
ATTOM also reported that 32,878 properties had foreclosure filings in March. Continue Reading Foreclosure Activity Inches Up During Q1
Indiana Home Sales Up 21%
Indiana’s median home sale price rose to $250,000, 6% higher than one year earlier. Continue Reading Indiana Home Sales Up 21%
Grupo T&C Launches Edge House Miami
Pricing starts in the $400,000s. Continue Reading Grupo T&C Launches Edge House Miami
Raquel Welch’s Los Angeles Villa Listed for $3.9 Million
Welch acquired the property in 2009 for $2.5 million and lived there until her death in February 2023. Continue Reading Raquel Welch’s Los Angeles Villa Listed for $3.9 Million
Apple Signs 42,000 SF Office Lease in Florida
The high-tech giant has signed a 42,000-square-foot lease in the north tower of the Plaza Coral Gables. Continue Reading Apple Signs 42,000 SF Office Lease in Florida
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