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NAR Moves to Revoke Phoenix Realtors’ Charter Over New MLS Choice Program
NAR claimed it “has no choice but to defend the Realtor trademark, our integrated model, and Realtor and consumers they serve.” Continue Reading NAR Moves to Revoke Phoenix Realtors’ Charter Over New MLS Choice Program
NAR Moves to Revoke Phoenix Realtors’ Charter Over New MLS Choice Program
NAR claimed it “has no choice but to defend the Realtor trademark, our integrated model, and Realtor and consumers they serve.” Continue Reading NAR Moves to Revoke Phoenix Realtors’ Charter Over New MLS Choice Program
Illinois Home Sales Up Nearly 3%
Illinois recorded 9,950 homes sales in November, up 2.8% from the 9,681 sold one year earlier. According to data from Illinois Realtors, the 20,863 homes available for sale statewide last month represented a 2.3% increase from the 20,401 available homes in November...
Connecticut Office Property Sells at Significant Loss
A 191,128-square-foot office building in Norwalk, Connecticut, that last sold in September 2018 for $16.5 million has changed hands for $5.9 million. The Hartford Business Journal reported the six-story building, which was built in 1988, was sold by Hanover Real...
La Rosa Holdings to Offer Cryptocurrency Payment Option to Agents
La Rosa Holdings Corp. (NASDAQ: LRHC) announced it will offer Bitcoin and other cryptocurrencies as a payment option for its network of agents. According to the Celebration, Florida-based company, this initiative is part of its efforts to integrate blockchain...
NEWS & CURRENT EVENTS
Mortgage Forbearance Level Inches Up
The share of Fannie Mae and Freddie Mac loans in forbearance increased 1 basis point to 0.21% last month. Continue Reading Mortgage Forbearance Level Inches Up
Strawberry Fields REIT Buys 6 Kansas Healthcare Facilities for $24 Million
The six facilities are comprised of five skilled nursing facilities and one assisted living facility with 354 licensed beds. Continue Reading Strawberry Fields REIT Buys 6 Kansas Healthcare Facilities for $24 Million
KBS Builders Inks $2.1 Million Contract to Build Modules for Vermont Multifamily Apartments
KBS will manufacture 16 modules for the construction of 12 apartments across three buildings. Continue Reading KBS Builders Inks $2.1 Million Contract to Build Modules for Vermont Multifamily Apartments
Virginia Realtor Faces License Loss Over 9-Year-Old Social Media Posting of Bible Verse
“He’s a minister, he runs a nonprofit Christian ministry,” said attorney Michael Sylvester. Continue Reading Virginia Realtor Faces License Loss Over 9-Year-Old Social Media Posting of Bible Verse
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Illinois Home Sales Up Nearly 3%
November’s monthly median price of $285,024 was 7.5% higher than the $265,000 price from the prior year. Continue Reading Illinois Home Sales Up Nearly 3%
Connecticut Office Property Sells at Significant Loss
The property previously sold in July 2014 for $13.5 million. Continue Reading Connecticut Office Property Sells at Significant Loss
La Rosa Holdings to Offer Cryptocurrency Payment Option to Agents
CEO Joe La Rosa stated the company will implement a 2% fee for agents who choose to receive cryptocurrency payments. Continue Reading La Rosa Holdings to Offer Cryptocurrency Payment Option to Agents
Mortgage Forbearance Level Inches Up
The share of Fannie Mae and Freddie Mac loans in forbearance increased 1 basis point to 0.21% last month. Continue Reading Mortgage Forbearance Level Inches Up
Strawberry Fields REIT Buys 6 Kansas Healthcare Facilities for $24 Million
The six facilities are comprised of five skilled nursing facilities and one assisted living facility with 354 licensed beds. Continue Reading Strawberry Fields REIT Buys 6 Kansas Healthcare Facilities for $24 Million
KBS Builders Inks $2.1 Million Contract to Build Modules for Vermont Multifamily Apartments
KBS will manufacture 16 modules for the construction of 12 apartments across three buildings. Continue Reading KBS Builders Inks $2.1 Million Contract to Build Modules for Vermont Multifamily Apartments
Virginia Realtor Faces License Loss Over 9-Year-Old Social Media Posting of Bible Verse
“He’s a minister, he runs a nonprofit Christian ministry,” said attorney Michael Sylvester. Continue Reading Virginia Realtor Faces License Loss Over 9-Year-Old Social Media Posting of Bible Verse
CFPB Sues Rocket Homes and Jason Mitchell Group Over Alleged Steering and Illegal Kickbacks
“The accusation that homebuyers paid more when working with Rocket Homes is a lie,” the company said. Continue Reading CFPB Sues Rocket Homes and Jason Mitchell Group Over Alleged Steering and Illegal Kickbacks
Texas Title Company Employee Pleads Guilty to Real Estate Fraud Scheme
Cantu was released on bond until her sentencing on March 3, 2025. Continue Reading Texas Title Company Employee Pleads Guilty to Real Estate Fraud Scheme
Marcus & Millichap Closes $88.5 Million Sale of 31-Property Portfolio
The properties are in Connecticut, Massachusetts, New Hampshire, Maine, New York, Rhode Island, and Vermont. Continue Reading Marcus & Millichap Closes $88.5 Million Sale of 31-Property Portfolio
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
