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Hits and Misses for the Real Estate Week of Jan. 20-24
The unlikely blame for a mansion’s lack of buyers, AREA’s first local chapter and a grim forecast on Los Angeles’ housing market. Continue Reading Hits and Misses for the Real Estate Week of Jan. 20-24
Florida Home Sales Down Nearly 2% in 2024
For December, Florida recorded 20,784 closed sales of single-family homes, up 12.8% from the prior year. Continue Reading Florida Home Sales Down Nearly 2% in 2024
Forecast: Construction Industry Needs 439,000 Workers in 2025
A new forecast by the Associated Builders and Contractors (ABC) is estimating that an estimated 439,000 net new workers are needed this year to meet anticipated demand for construction services. The forecast also predicted the construction industry will need to bring...
Wyoming Lawmakers Consider Property Tax Exemption for Gold Star Families
Traditionally, the property tax exemption was only extended to a surviving spouse. Continue Reading Wyoming Lawmakers Consider Property Tax Exemption for Gold Star Families
Liberty SBF Launches $100 Million Real Estate Credit Fund
The fund intends to make quarterly income distributions and expects to return investor capital within four years. Continue Reading Liberty SBF Launches $100 Million Real Estate Credit Fund
Sen. Elizabeth Warren Leads Democrats in Opposing Scott Turner for HUD Secretary
Warren said she could not support Turner without first seeing his FBI background check. Continue Reading Sen. Elizabeth Warren Leads Democrats in Opposing Scott Turner for HUD Secretary
Existing Home Sales Up in December
First-time buyers were responsible for 31% of sales in December. Continue Reading Existing Home Sales Up in December
California Attorney General Charges Real Estate Agent with Price Gouging Wildfire Victims
The real estate agent was not identified by Bonta’s office, although media reports identified him as Mike Kobeissi of Kobeissi Properties. Continue Reading California Attorney General Charges Real Estate Agent with Price Gouging Wildfire Victims
Wisconsin Home Sales Up 9.2% Year-Over-Year
The median price rose 13% to $305,000, the strongest price appreciation of the year. Continue Reading Wisconsin Home Sales Up 9.2% Year-Over-Year
Wall Street Journal Calls on Trump to Remove Rohit Chopra as CFPB Director
“The list of Mr. Chopra’s regulatory assaults on business is long,” the Journal complained. Continue Reading Wall Street Journal Calls on Trump to Remove Rohit Chopra as CFPB Director
AT&T Completes Sale-Leaseback on Central Office Facilities
The transaction generates more than $850 million in upfront cash proceeds for AT&T. Continue Reading AT&T Completes Sale-Leaseback on Central Office Facilities
Forecast: Global REIT Market to Reach $350.2 Billion by 2028
The North American market is expected to account for roughly half of this sector’s growth. Continue Reading Forecast: Global REIT Market to Reach $350.2 Billion by 2028
Quebec Rental Tribunal Recommends Highest Rent Hikes in Three Decades
Tenants’ rights advocates called for new rent control laws. Continue Reading Quebec Rental Tribunal Recommends Highest Rent Hikes in Three Decades
Property Owner Says Adele’s Claim of Living in a ‘Haunted’ Mansion Scared Off Buyers
Nicholas Sutton added that he “actively tried to sell the property for about 14 years.” Continue Reading Property Owner Says Adele’s Claim of Living in a ‘Haunted’ Mansion Scared Off Buyers
WWE’s Former Headquarters Sells for $3.75 Million
The six-story building on a 1.19-acre site was constructed in 1981. Continue Reading WWE’s Former Headquarters Sells for $3.75 Million