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How the Grinch Sells Real Estate
Some Grinch listings generated as much as an 840% spike in online views versus the non-Grinch listings. Continue Reading How the Grinch Sells Real Estate
How the Grinch Sells Real Estate
Some Grinch listings generated as much as an 840% spike in online views versus the non-Grinch listings. Continue Reading How the Grinch Sells Real Estate
VanTrust Real Estate Acquires 32-Acre Site in Utah for Industrial Warehouses
The development company VanTrust Real Estate has acquired a 32-acre parcel in West Valley City, Utah, to build four industrial warehouse buildings. The site is located just south of State Route 201 and west of Mountain View Corridor, and it is also near the Salt Lake...
Chicago Mayor Postpones Budget Vote Over Opposition to Property Tax Hike
Chicago Mayor Brandon Johnson abruptly called off today’s City Council vote on his 2025 budget after failing to secure support for his latest property tax proposal. According to combined media reports, the mayor’s original proposal of enacting a $300 million property...
Crowdfunding Company Acquires Distressed Phoenix Multifamily Property
Neighborhood Ventures, an Arizona-based real estate crowdfunding company, is acquiring Venture on Colter, a distressed 123-unit multifamily property in Central Phoenix. The property, formerly known as Thom Slate on Colter, is being purchased directly from the lender...
NEWS & CURRENT EVENTS
Minneapolis’ Wells Fargo Center is Sold to Three Investor Groups
The property last changed hands in 2019 when Starwood Capital Group paid $315 million to buy it. Continue Reading Minneapolis’ Wells Fargo Center is Sold to Three Investor Groups
Matt Nader Named President at First Home Mortgage
He replaces Tim Whittier, who was appointed president in May but stepped down last month. Continue Reading Matt Nader Named President at First Home Mortgage
DOJ Tells Supreme Court It Never Agreed ‘Not to Reopen’ NAR Probe
The DOJ insisted “the words ‘close’ and ‘reopen’ are not mutually exclusive.” Continue Reading DOJ Tells Supreme Court It Never Agreed ‘Not to Reopen’ NAR Probe
Travis Kessler to Retire as Chief Executive at Texas Realtors
Texas Realtors announced that President and CEO Travis Kessler will retire on March 31, 2025, from the position he has held since 2010. Mike Barnett, who has served as the 155,000-member organization’s executive vice president for the past 12 years, will assume...
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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.
VanTrust Real Estate Acquires 32-Acre Site in Utah for Industrial Warehouses
VanTrust anticipates construction on the first two buildings will start in late spring 2025 and deliver in late spring 2026. Continue Reading VanTrust Real Estate Acquires 32-Acre Site in Utah for Industrial Warehouses
Chicago Mayor Postpones Budget Vote Over Opposition to Property Tax Hike
Chicago has a Dec. 31 deadline to get the budget approved, or else it would risk a reduction in its bond rating. Continue Reading Chicago Mayor Postpones Budget Vote Over Opposition to Property Tax Hike
Crowdfunding Company Acquires Distressed Phoenix Multifamily Property
Neighborhood Ventures said it raised over $1 million for the property in less than eight hours through a crowdfunding initiative. Continue Reading Crowdfunding Company Acquires Distressed Phoenix Multifamily Property
Minneapolis’ Wells Fargo Center is Sold to Three Investor Groups
The property last changed hands in 2019 when Starwood Capital Group paid $315 million to buy it. Continue Reading Minneapolis’ Wells Fargo Center is Sold to Three Investor Groups
Matt Nader Named President at First Home Mortgage
He replaces Tim Whittier, who was appointed president in May but stepped down last month. Continue Reading Matt Nader Named President at First Home Mortgage
DOJ Tells Supreme Court It Never Agreed ‘Not to Reopen’ NAR Probe
The DOJ insisted “the words ‘close’ and ‘reopen’ are not mutually exclusive.” Continue Reading DOJ Tells Supreme Court It Never Agreed ‘Not to Reopen’ NAR Probe
Travis Kessler to Retire as Chief Executive at Texas Realtors
Texas Realtors announced that President and CEO Travis Kessler will retire on March 31, 2025, from the position he has held since 2010. Mike Barnett, who has served as the 155,000-member organization’s executive vice president for the past 12 years, will assume...
MBA Proposes Ginnie Mae Early-Buyout Securitization
“An EBO security addresses the timing mismatch within Ginnie Mae’s program,” said MBA’s Bob Broeksmit. Continue Reading MBA Proposes Ginnie Mae Early-Buyout Securitization
Bascom Group Acquires Seattle Multifamily Community
Built in 1992, the property features a five-story residential building situated above two levels of structured parking. Continue Reading Bascom Group Acquires Seattle Multifamily Community
Mortgage Rates Take Another Drop
The 30-year fixed-rate mortgage averaged 6.60% as of Dec. 12. Continue Reading Mortgage Rates Take Another Drop
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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/
