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Feds Seek Input on Proposed Guidance on Real Estate Reconsiderations of Value

Feds Seek Input on Proposed Guidance on Real Estate Reconsiderations of Value

by Phil Hall | Jun 8, 2023 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

Five federal regulatory agencies have requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions. “The proposed guidance advises on policies that financial institutions may implement to allow...
State Farm Ends Home Insurance Sales in California

State Farm Ends Home Insurance Sales in California

by Phil Hall | May 30, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

State Farm General Insurance Co. has ceased accepting new applications in California for business and personal lines property and casualty insurance, effective May 27. In an unattributed press statement, the company said it “made this decision due to historic...
The Property Market with the Highest Level of Natural Disaster Risks Is…

The Property Market with the Highest Level of Natural Disaster Risks Is…

by Phil Hall | May 24, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Plaquemines, Louisiana, has earned the unfortunate distinction as being the riskiest place in the U.S. for property owners due to natural disaster damage. Plaquemines was cited in CoreLogic’s latest Climate Risk Analytics report, which tracked natural disaster threats...

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