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Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
“This is something no elected official wants to do, but it is the responsible thing to do,” Councilor Barbara Warwick said in a statement. Continue Reading Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
“This is something no elected official wants to do, but it is the responsible thing to do,” Councilor Barbara Warwick said in a statement. Continue Reading Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
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...
Disbarred Attorney Sentenced for Deed Theft Schemes
A disbarred attorney who stole the deeds to 11 residential properties across Brooklyn, primarily from minority homeowners in financial distress, was sentenced to two-and-a-half to seven years in prison and the corporations he owns were ordered to pay $120,000 in...
Former NYC Home of Lena Horne Listed for $1.2 Million
The former New York City home of the iconic singer and actress Lena Horne has been listed for the first time in more than 20 years for $1.2 million. Mansion Global reports the 2,276-square-foot Tudor-Style house in the Addisleigh Park section of the St. Albans...
NEWS & CURRENT EVENTS
South Korea Creates Task Force to Address Real Estate Fraud
The government cited “artificially inflating home prices, false transaction reports, and fraudulent subscriptions” as the main concerns that sparked the task force’s creation. Continue Reading South Korea Creates Task Force to Address Real Estate Fraud
Hits and Misses for the Real Estate Week of Oct. 27-31
Government officials being forced out of their homes by threats of violence, Zohran Mamdani’s silence on contentious housing proposals, and a soccer stadium where you’d least expect it. Continue Reading Hits and Misses for the Real Estate Week of Oct. 27-31
Report: Roughly 2.8% of the National Housing Inventory Changed Hands This Year
This is the lowest turnover rate in at least 30 years. Continue Reading Report: Roughly 2.8% of the National Housing Inventory Changed Hands This Year
The Shops at Laguna, California Shopping Center, Sells for $19.1 Million
The property encompasses four parcels totaling 4.16 acres. Continue Reading The Shops at Laguna, California Shopping Center, Sells for $19.1 Million
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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.
Mortgage Applications for New Home Purchases Surged in July
The average loan size for new homes decreased from $376,077 in June to $372,745 in July. Continue Reading Mortgage Applications for New Home Purchases Surged in July
Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity
The Browns planned to begin construction on the new stadium early next year. Continue Reading Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity
Turkish Government Begins Crackdown on Fake Real Estate Listings
The government has begun using an electronic listing verification system designed to affirm the identity and authorization of listing owners. Continue Reading Turkish Government Begins Crackdown on Fake Real Estate Listings
Hits and Misses for the Real Estate Week of Aug. 11-15
The Treasury Secretary makes and rescinds demands, Playboy moves its headquarters out of Los Angeles, and New York City’s worst hotel closes. Continue Reading Hits and Misses for the Real Estate Week of Aug. 11-15
Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Expert opinions are divided on the issue. Continue Reading Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Detroit City FC Will Pay Property Taxes on New Soccer Stadium
“It’s a true civic endeavor that puts our values into action in the most sizable way to date so far,” said CEO Sean Mann. Continue Reading Detroit City FC Will Pay Property Taxes on New Soccer Stadium
Connecticut Cities Increase Fines Against Landlords with Blighted Properties
New Haven and Waterbury are fighting blight in their neighborhoods. Continue Reading Connecticut Cities Increase Fines Against Landlords with Blighted Properties
Essay Contest Offers Unique Grand Prize: A Luxury Home in Virginia
Submissions are due by Sept. 29 and must be accompanied by a $200 entry fee. Continue Reading Essay Contest Offers Unique Grand Prize: A Luxury Home in Virginia
Canadian Home Sales and Prices Up During July
The non-seasonally adjusted national average home price was $672,784 in July Continue Reading Canadian Home Sales and Prices Up During July
Opendoor Technologies Seeks New Leader After CEO Steps Down
Shrisha Radhakrishna, Opendoor’s chief technology and product officer, was named president and interim CEO. Continue Reading Opendoor Technologies Seeks New Leader After CEO Steps Down
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