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Hidden costs of buying a home
Source: Bankrate --- If you’re planning to buy a new home soon, you’ve likely given some thought to the maximum price you can pay and the down payment you can offer. And if you plan to finance the purchase, the monthly mortgage payment could also be on the list of...
In this state, seniors can now freeze their property taxes — here’s how
Source: Market Watch --- A new property tax relief law went into effect this week in Maine, which could be a boon for seniors in the nation’s oldest state that also has the fourth-highest homeownership rate. Under the “Property Tax Stabilization Program,” seniors who...
WP Carey Foundation Commits $25 Million for Arizona State University’s Real Estate Program
The new commitment expands the W. P. Carey Foundation’s gifting to the school to more than $100 million. Continue Reading WP Carey Foundation Commits $25 Million for Arizona State University’s Real Estate Program
Manhattan Office Building Sells in Auction at 97.5% Loss
The property was built in 1963 on the site of the 5,920-seat Roxy Theatre, which was once the world’s largest cinema. Continue Reading Manhattan Office Building Sells in Auction at 97.5% Loss
$4 Billion Settlement Reached in Maui Wildfires Devastation
“This global settlement of over $4 billion will help our people heal,” said Gov. Josh Green. Continue Reading $4 Billion Settlement Reached in Maui Wildfires Devastation
The Urgent Need to Deregulate Housing: John G. Stevens’ Perspective
In a recent article on WRE News titled "Renter Population is Growing 3X Faster Than Homeowner Population," I was drawn in by the alarming data. The number of US renter households in the second quarter grew by 1.9% year-over-year, according to a new data report from...
Hits and Misses for the Real Estate Week of July 29-Aug. 2
This week’s Hits and Misses include reckless political talk about housing, Chevron moving its headquarters to Texas and a contaminated school for sale. Continue Reading Hits and Misses for the Real Estate Week of July 29-Aug. 2
Report: Average Commission for Buyer’s Agent is 2.55%
In dollar terms, San Francisco had the highest average commission at $50,734. Continue Reading Report: Average Commission for Buyer’s Agent is 2.55%
Three Investors Plead Guilty in Real Estate Fraud Scheme
Each defendant faces a maximum penalty of five years in prison. Continue Reading Three Investors Plead Guilty in Real Estate Fraud Scheme
Massachusetts Governor Warns Steward Health Care on Hospital Closings
“I’ve been clear with Steward, they need to stay open for 120 days,” Healey said. Continue Reading Massachusetts Governor Warns Steward Health Care on Hospital Closings
Chevron Relocates HQ from California to Texas
CEO Mike Wirth blamed California’s political climate for driving the company’s headquarters from the state. Continue Reading Chevron Relocates HQ from California to Texas
Renter Population Is Growing 3X Faster Than Homeowner Population
Nationwide, just over one-third (34.4%) of households are in rental housing. Continue Reading Renter Population Is Growing 3X Faster Than Homeowner Population
Recent Posts
Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…- San Francisco’s Bay Club Acquires Full City Block for $65 Million
- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
- Tennessee-Based MLS Realtracs Expands Coverage Nationwide
