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St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Eligible tenants will receive funds for one-time assistance, equal to one month of rent, based on the federal government’s fair market rates established. Continue Reading St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
In majority-white areas, 7.9% of homes for sale within MRED were listed privately. In predominantly minority areas, that share was 3.4%. Continue Reading Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
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Keller Williams Expands Into Qatar
This is the company’s fifth Middle East market, joining the operations in Dubai, Israel, Saudi Arabia and Turkey. Continue Reading Keller Williams Expands Into Qatar
Virginia Home Sales Up 9% in September
The statewide median sales price continued in September was $420,000, a mild $800 increase from one year earlier. Continue Reading Virginia Home Sales Up 9% in September
20% Property Tax Hike Proposed for Utah’s Salt Lake County
A public hearing on the proposal is scheduled for the Salt Lake County Government Center on Dec. 9 at 6 pm. Continue Reading 20% Property Tax Hike Proposed for Utah’s Salt Lake County
Bank of England Keeps Rates in Place
The UK central bank’s Monetary Policy Committee (MPC) 8–1 to maintain the Bank Rate at 4.5%. Continue Reading Bank of England Keeps Rates in Place
Former Real Estate Executive Sentenced for Manipulating WeWork Stock
Jonathan Larmore was convicted of one count of tender offer fraud and one count of securities fraud following a one-week trial. Continue Reading Former Real Estate Executive Sentenced for Manipulating WeWork Stock
Rutgers Real Estate Professor Named Trump’s Housing Economist
Morris Davis’ appointment runs through December 2025. Continue Reading Rutgers Real Estate Professor Named Trump’s Housing Economist
Shopoff Realty Investments Acquires California Industrial Property for Residential Development
The company announced that $49 million in acquisition financing for the project was secured with support from JLL Capital Markets. Continue Reading Shopoff Realty Investments Acquires California Industrial Property for Residential Development
QXO Acquires Beacon Roofing Supply for $11 Billion
“Acquiring Beacon is a key milestone in our plan to create substantial shareholder value,” said QXO Chairman and CEO Brad Jacobs. Continue Reading QXO Acquires Beacon Roofing Supply for $11 Billion
Federal Reserve Opts to Hold Rates Steady
The central bank will “maintain the target range for the federal funds rate at 4.25% to 4.5%.” Continue Reading Federal Reserve Opts to Hold Rates Steady
Realtor.com: Drop in Multifamily Permitting Could Spur Hike in Rents
Demand for larger rental units has grown because fewer renters are seeking to become first-time homebuyers Continue Reading Realtor.com: Drop in Multifamily Permitting Could Spur Hike in Rents
Report: Sandals Resorts Exploring Potential Sale of Company
Sandals operates in Jamaica, the Bahamas, Saint Lucia, Grenada, Barbados, Antigua, Curaçao and Turks and Caicos. Continue Reading Report: Sandals Resorts Exploring Potential Sale of Company
RE/MAX: Home Sales Up 8.4% in February
The $423,000 median sales price was only $3,000 (0.6%) higher than January’s level. Continue Reading RE/MAX: Home Sales Up 8.4% in February
Lennar Begins Sales on Single-Family Homes in Dallas Community
Pricing for the new homes starts in the low $300,000s. Continue Reading Lennar Begins Sales on Single-Family Homes in Dallas Community
