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Florida Lawmakers to Consider 7 Different Proposals for Property Tax Relief
Lawmakers will consider which resolutions go on the ballot when the legislative session resumes in early 2026. Continue Reading Florida Lawmakers to Consider 7 Different Proposals for Property Tax Relief
Florida Lawmakers to Consider 7 Different Proposals for Property Tax Relief
Lawmakers will consider which resolutions go on the ballot when the legislative session resumes in early 2026. Continue Reading Florida Lawmakers to Consider 7 Different Proposals for Property Tax Relief
Penn State to Close 7 Campuses
The board of trustees at Pennsylvania State University has approved a plan to close seven of its campuses after the spring of the 2026-27 academic year while continuing to invest in the 13 remaining locations. The board voted 25 to 8 to close the DuBois, Fayette, Mont...
Home Sales and Prices Down in Florida
Closed sales of existing single-family homes in Florida totaled 23,572 in April, down 4.5% year-over-year, while existing condo-townhouse sales totaled 8,710, down 14.8% over the same period. According to data from Florida Realtors, new listings for existing...
Report: Connecticut’s Severe Housing Shortage Was a Long Time in the Making
Connecticut’s severe lack of housing supply has been a situation several decades in the making, according to a new report from the Connecticut Business and Industry Association (CBIA). The report, titled “The Economic Impact of Connecticut’s Housing Shortage,”...
NEWS & CURRENT EVENTS
Former Real Estate Executive Sentenced for Manipulating WeWork Stock
Jonathan Larmore was convicted of one count of tender offer fraud and one count of securities fraud following a one-week trial. Continue Reading Former Real Estate Executive Sentenced for Manipulating WeWork Stock
Rutgers Real Estate Professor Named Trump’s Housing Economist
Morris Davis’ appointment runs through December 2025. Continue Reading Rutgers Real Estate Professor Named Trump’s Housing Economist
Shopoff Realty Investments Acquires California Industrial Property for Residential Development
The company announced that $49 million in acquisition financing for the project was secured with support from JLL Capital Markets. Continue Reading Shopoff Realty Investments Acquires California Industrial Property for Residential Development
QXO Acquires Beacon Roofing Supply for $11 Billion
“Acquiring Beacon is a key milestone in our plan to create substantial shareholder value,” said QXO Chairman and CEO Brad Jacobs. Continue Reading QXO Acquires Beacon Roofing Supply for $11 Billion
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Florida Realtors Announce 2024 Student Scholarship Program
The application deadline for this year’s program is March 6 at 12:00 pm. Continue Reading Florida Realtors Announce 2024 Student Scholarship Program
Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme
Jacob Deutsch has a prior criminal history with a wire fraud conviction stemming from an insurance fraud scheme. Continue Reading Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme
NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict
The plaintiffs’ attorneys argued NAR and the brokerages were “rehashing” arguments they “lost over and over again” during the trial. Continue Reading NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict
Janover Creates Insurtech Subsidiary
The company has also contracted Tyler Schapiro, CEO of Flagler Insurance, as a strategic advisor for its commercial insurance arm. Continue Reading Janover Creates Insurtech Subsidiary
Tejon Ranch to Begin Construction on Multifamily Community
Construction will begin in late January, with the first units becoming available in the first half of 2025. Continue Reading Tejon Ranch to Begin Construction on Multifamily Community
Are Housing Inventory Levels on the Rise?
“The number of homes on the market is still low relative to pre-pandemic levels,” said Realtor.com’s Danielle Hale. Continue Reading Are Housing Inventory Levels on the Rise?
Mortgage Credit Availability Down in December to 11-Year Low
“Ongoing industry consolidation is resulting in more loan programs being removed from the marketplace,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Down in December to 11-Year Low
Landsea Homes Corp. Acquires Antares Homes for $232.2 Million
The transaction adds 2,298 of owned or controlled lots to Landsea Homes’ portfolio. Continue Reading Landsea Homes Corp. Acquires Antares Homes for $232.2 Million
Former South Carolina Lt. Gov. André Bauer Join Broadstreet
Bauer founded Bunk Aviation, LLC, a company specializing in restoring historic Charleston homes. Continue Reading Former South Carolina Lt. Gov. André Bauer Join Broadstreet
RE/MAX Added 24 U.S. Offices During Q4 2023
The recent additions are a mix of eight new brokerage openings. Continue Reading RE/MAX Added 24 U.S. Offices During Q4 2023
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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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