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Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
Zillow Sued Over Alleged Mortgage Steering
Zillow Group (NASDAQ: Z, ZG) has been hit with a new lawsuit that accuses the company of steering homebuyers into using its mortgage lending services. Reuters reports the proposed class action lawsuit alleged the Seattle-headquartered company of providing affiliated...
USDA and HUD Delay Biden-Era Energy Code Policy for Another 6 Months
The US Departments of Agriculture (USDA) and Housing and Urban Development (HUD) announced a new six-month delay in the implementation of a mandatory energy code policy for developers of single-family and multifamily housing. The Biden-era policy was published on...
Trump’s Childhood Home Listed at $2.3 Million
Donald Trump’s childhood home in Queens, New York, has been listed for sale for $2.3 million. The Wall Street Journal reports the five-bedroom home at 85-15 Wareham Place in the Jamaica Estates neighborhood was built by the president’s father, Fred Trump, in 1940. The...
NEWS & CURRENT EVENTS
New Data Reports Find Easing in Home Prices
“New York again led all metros with a 6.1% annual gain, followed by Chicago at 5.9% and Cleveland at 4.7%,” said Nicholas Godec of S&P Dow Jones Indices. Continue Reading New Data Reports Find Easing in Home Prices
Maine Home Sales Rise as Prices Ease
The median sales price during September was $402,500, a 1.35% decrease from the $408,000 price recorded in September 2024. Continue Reading Maine Home Sales Rise as Prices Ease
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
The property tax savings are complemented by the State of Wisconsin’s sales tax exemption on the construction of qualified data centers. Continue Reading Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
The stadium will be powered entirely on solar and wind energy. Continue Reading Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
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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.
NY Attorney General Letitia James Subpoenaed Over Trump Fraud Case
A spokesperson for James issued a statement that said,”Any weaponization of the justice system should disturb every American.” Continue Reading NY Attorney General Letitia James Subpoenaed Over Trump Fraud Case
Tucson Rejects Proposal for 290-Acre Data Center
Beale Infrastructure, a San Francisco-based development company behind the proposal, planned to bring Amazon Web Services data center to the property. Continue Reading Tucson Rejects Proposal for 290-Acre Data Center
Company to Pay $16 Million for Selling Faulty Air Conditioners
According to a 2021 recall notice, a woman died in August 2016 from smoke inhalation and her two children were injured after their Royal Sovereign air conditioner caught fire. Continue Reading Company to Pay $16 Million for Selling Faulty Air Conditioners
11th Century Italian Castle Listed at $4.16 Million
The 102,257-square-foot residence with 10 bedrooms and 10 bathrooms is located roughly 15 miles south of Milan. Continue Reading 11th Century Italian Castle Listed at $4.16 Million
Leader of Movement to End Michigan’s Property Taxes Announces Bid for Governor
Karla Wagner is the executive director of Ax MI Tax. Continue Reading Leader of Movement to End Michigan’s Property Taxes Announces Bid for Governor
New Executive Shifts Announced at loanDepot
The promotions are the latest executive shifts to occur since company founder and Chairman of the Board Anthony Hsieh was appointed permanent CEO on July 28. Continue Reading New Executive Shifts Announced at loanDepot
Trump Names Council of Economic Advisors Chairman Stephen Miran to Temporarily Fill Fed Board Vacancy
Miran replaces Adriana Kugler, who last week abruptly announced she would be stepping down from the board, effective Aug. 8. Continue Reading Trump Names Council of Economic Advisors Chairman Stephen Miran to Temporarily Fill Fed Board Vacancy
Price Premium for New Construction Drops to Record Low
New build list prices declined in 30 of the nation’s 100 largest metros, with the steepest declines in the South. Continue Reading Price Premium for New Construction Drops to Record Low
Multifamily Developer Confidence Up Slightly During Q2
“Multifamily developer confidence and sentiment are showing slight signs of improvement when compared to this time last year,” said Debra Guerrero, chairman of NAHB’s Multifamily Council. Continue Reading Multifamily Developer Confidence Up Slightly During Q2
Mortgage Rates Decline to Lowest Level Since April
The 30-year fixed-rate mortgage averaged 6.63% as of Aug. 7, down from last week when it averaged 6.72%, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.47%. The 15-year fixed-rate...
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