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Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
In order to pay for a typical Ontario home, families earning the local median income need to devote more than 50% of their after-tax earnings to monthly mortgage payments if they live in the province’s 14 urban centers – and that share rises to more than 110% if they...
Mississippi Museum of Art Acquires Frank Lloyd Wright-Designed House
The Mississippi Museum of Art has acquired a Frank Lloyd Wright-designed property in the state capital of Jackson. WLOX reports the Usonian-style residence and its furnishings were designed by Wright in 1948 and was completed in 1954 as the home of for oil industry...
St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
The City of St. Louis, in coordination with Employment Connection, has launched the Impacted Tenants’ Fund to assist eligible city renters who have been forced to relocate if their place of residence was rendered uninhabitable either through condemnation by the City...
NEWS & CURRENT EVENTS
Feds Seize Over $1 Million in Cryptocurrency from Real Estate Fraud Scheme
The Secret Service is working to identify victims eligible for consideration for compensation with the forfeited funds. Continue Reading Feds Seize Over $1 Million in Cryptocurrency from Real Estate Fraud Scheme
Walmart Announces Change in Leadership
Doug McMillon, who held the leadership position at the company since February 2014, will retire on Jan. 31, 2026. Continue Reading Walmart Announces Change in Leadership
FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell
Rep. Eric Swalwell (D-CA) has become the latest target of mortgage fraud accusations leveled by Bill Pulte, the director of the Federal Housing Finance Agency (FHFA). NBC News, sourcing its coverage from an unnamed “person familiar with the referral,” reports that Pulte sent a criminal referral to the Department of Justice (DOJ) alleging Swalwell committed… Continue Reading FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell Continue Reading FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell
Disbarred Attorney Sentenced for Deed Theft Schemes
Sanford Solny’s law license was suspended in 2012 before he was disbarred in 2023. Continue Reading Disbarred Attorney Sentenced for Deed Theft Schemes
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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.
Survey: One-Third of Realtors Have Yet to Use AI Tools
The top AI tools used by the realtors polled for the survey were ChatGPT by OpenAI (58%), Gemini by Google (20%), and Copilot by Microsoft (15%). Continue Reading Survey: One-Third of Realtors Have Yet to Use AI Tools
The Impact Group, a Denver Brokerage, Joins eXp Realty
The 31-agent, four-support-staff team closed $305 million in sales across 429 units in 2024. Continue Reading The Impact Group, a Denver Brokerage, Joins eXp Realty
Mortgage Rates Continue to Fall
The 30-year fixed-rate mortgage averaged 6.26% as of Sept. 18, down from last week when it averaged 6.35%. Continue Reading Mortgage Rates Continue to Fall
Trump Files Emergency Request with Supreme Court to Fire Lisa Cook
The request follows an appeals court decision on Monday that rejected Trump’s efforts to fire Cook ahead of the central bank’s Federal Open Market Committee meeting. Continue Reading Trump Files Emergency Request with Supreme Court to Fire Lisa Cook
Q2 Home Flipping Profit Margins Drop to 17-Year Low
The typical flipped property generated a 25.1% return on investment before expenses. Continue Reading Q2 Home Flipping Profit Margins Drop to 17-Year Low
Rithm Capital Buys Paramount Group for $1.6 Billion
Paramount’s portfolio includes 13 owned and four managed high quality office assets, totaling more than 13.1 million square feet, 85.4% of which is currently leased as of June 30. Continue Reading Rithm Capital Buys Paramount Group for $1.6 Billion
DC Council Gives Final Approval on Commanders Stadium Project
The Commanders have been playing at Northwest Stadium in Landover, Maryland, since 1997. Continue Reading DC Council Gives Final Approval on Commanders Stadium Project
Kansas Considers Proposal to End Property Taxes
Rep. Blake Carpenter proposed eliminating property taxes, along with vehicle taxes and the state income tax. Continue Reading Kansas Considers Proposal to End Property Taxes
Trump Faults Newsom on Rebuilding from Wildfires, Newsom Accuses Trump of Having Dementia
The president, who is on a state visit to the UK, did not immediately respond to the Newsom messages. Continue Reading Trump Faults Newsom on Rebuilding from Wildfires, Newsom Accuses Trump of Having Dementia
Kennedy Wilson Acquires Toll Brothers’ Apartment Living Platform for $347 Million
The Toll Brothers Apartment Living management team and workforce will remain in place. Continue Reading Kennedy Wilson Acquires Toll Brothers’ Apartment Living Platform for $347 Million
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