Del Webb Initiates Development of 55+ Community Near Austin
Discover Del Webb's latest endeavor, bringing over 500 homes to a sprawling 323-acre community designed for active adults in Austin's suburbs.
Kentucky Lowers Property Tax Rate for Fifth Consecutive Year
Kentucky's reduction of the property tax rate to 10.6 cents reflects a continued trend that may influence private lending and real estate investments.
Compass Expands Exclusive Listings to Competitors with Conditions Applied
Brokerages will soon access data via direct feeds or system integration, enhancing collaboration with MLSs and streamlining processes for private lenders.
Consolidation Trends Emerge in the Multiple Listing Service Sector
Industry leaders note that while consolidation in the MLS space is imminent, various challenges remain, impacting private lenders' strategic planning.
Asking Rents Decrease for the Fourth Consecutive Month
Asking rents have experienced a month-over-month increase of 0.6%, raising questions about market trends and implications for private lenders.
NAR Pursues Dismissal of Discrimination and Harassment Lawsuit
NAR has moved to dismiss most claims in Rhoshani Sheth's complaint, retaining only the breach of contract allegations, highlighting key legal developments.
HUD Provides Foreclosure Assistance to Flood-Affected Texans
90-day moratorium restricts foreclosures on FHA-insured mortgages in Kerr County's disaster area, providing crucial relief for borrowers facing hardship.
FTC to Compensate Consumers Affected by Home Improvement Financing Firm
FTC to reimburse 960 consumers affected by a home improvement finance firm, providing checks and PayPal payments to impacted individuals.
CFPB Lifts Consent Order Imposed on Fay Servicing
CFPB ends its consent order with Fay Servicing, addressing allegations of illegal foreclosure practices. Implications for private lenders are significant.
Real Estate Weekly Highlights and Lowlights
Explore Missouri's property tax reform, Pope Leo’s childhood home future, and Kim Jong Un’s beachfront resort developments in this week’s real estate overview.