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New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
The legislation will backdate reauthorization of the program to Sept. 30, 2025, while extending the program’s authorization until Dec. 31, 2026. Continue Reading New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
The legislation will backdate reauthorization of the program to Sept. 30, 2025, while extending the program’s authorization until Dec. 31, 2026. Continue Reading New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
Joseph Yi Named Chief Investment Officer at Palette Hotels
Palette Hotels, a New York City-based hotel management company, has hired Joseph Yi as its chief investment officer. In his new role, Yi will oversee the firm’s investment platform, grow the company’s corporate-owned and third-party asset management portfolio and lead...
Mortgage Rates in Mild Decline
Mortgage rates dropped in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down from last week when it averaged 6.89%. A year ago at this time, it averaged 6.99%. The 15-year...
Wyoming Lawmakers Consider Abolishing Property Taxes
An initiative to eliminate Wyoming’s property taxes through the passage of a constitutional amendment is taking shape in the state’s legislature. Wyofile.com reports this initiative is fueled by confusion that previous property tax relief efforts. “Taxpayers often...
NEWS & CURRENT EVENTS
Case-Shiller, FHFA Point to Continued Home Price Increases
The FHFA House Price Index data found prices up 4.8% from January 2024 to January 2025. Continue Reading Case-Shiller, FHFA Point to Continued Home Price Increases
Kanye West’s Former Malibu Property Listed Six Months After Being Acquired
West purchased the property in 2021 for $57 million but left behind an unfinished renovation project. Continue Reading Kanye West’s Former Malibu Property Listed Six Months After Being Acquired
Japan’s Nomura Real Estate Enters UK Rental Home Market
The partnership with Legal & General is planning to build more than 1,000 rental homes. Continue Reading Japan’s Nomura Real Estate Enters UK Rental Home Market
NYC Real Estate Agent Charged with Attempted Murder of New Hampshire Police Officer
Conover hosts a 3 million-subscriber YouTube channel that highlights ultra-luxury listings in pricey destinations. Continue Reading NYC Real Estate Agent Charged with Attempted Murder of New Hampshire Police Officer
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Survey: Most Americans Think a Housing Crash Could Happen Next Year
Half of homeowner respondents said their current rate is keeping them in their houses. Continue Reading Survey: Most Americans Think a Housing Crash Could Happen Next Year
Home Prices Up Again in Case-Shiller, FHFA Data Reports
FHFA’s Dr. Anju Vajja said third quarter prices were “appreciating more than in each of the previous four quarters.” Continue Reading Home Prices Up Again in Case-Shiller, FHFA Data Reports
A Phil Hall Op-Ed: Climate Change, Home Building and Common Sense
Editor Phil Hall considers comments by NAHB Chairman Alicia Huey relating to federal climate change strategies. Continue Reading A Phil Hall Op-Ed: Climate Change, Home Building and Common Sense
Vestin Mortgage CEO Announces Settlement with SEC Over Fraud Charges
The SEC has yet to issue a statement announcing the settlement. Continue Reading Vestin Mortgage CEO Announces Settlement with SEC Over Fraud Charges
Max Freedman Named Regional VP at Associa
Freedman joined Associa’s Maxwell-Kates affiliate in 2004, where he rose to the position of CEO. Continue Reading Max Freedman Named Regional VP at Associa
The Most Sinful City in America Is…
San Francisco has the lowest share of obese adults while Akron, Ohio, is the city with the highest share. Continue Reading The Most Sinful City in America Is…
New Single-Family Home Sales Down in October
The median sales price of new houses sold in October was $409,300 and the average sales price was $487,000. Continue Reading New Single-Family Home Sales Down in October
Philadelphia Housing Authority in New Partnership with Zipcar
“Now residents will have access to transportation in real time to get job interviews or other amenities throughout the community,” said Kelvin A. Jeremiah, PHA president and CEO. Continue Reading Philadelphia Housing Authority in New Partnership with Zipcar
reAlpha Tech Corp. Closes on IPO
Each unit consisted of one share of common stock and one and a half warrants to purchase one and a half shares of common stock. Continue Reading reAlpha Tech Corp. Closes on IPO
Jason Parravano Named Chief Operating Officer at Plaza Retail REIT
Parravano is joining Plaza from The Walter Group, where he was named chief financial officer of the company’s asset management business activities last May. Continue Reading Jason Parravano Named Chief Operating Officer at Plaza Retail REIT
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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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