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Mortgage Demand Down 2.7%
The Refinance Index decreased 6% from the previous week and was 3% higher than the same week one year ago. Continue Reading Mortgage Demand Down 2.7%
Mortgage Demand Down 2.7%
The Refinance Index decreased 6% from the previous week and was 3% higher than the same week one year ago. Continue Reading Mortgage Demand Down 2.7%
Total Commercial Real Estate Mortgage Borrowing and Lending Down 47% in 2023
Total commercial real estate mortgage borrowing and lending during 2023 was estimated to have totaled $429 billion, according to data from the Mortgage Bankers Association (MBA). Last year’s total was down 47% from the $816 billion in 2022 and down 52% from the record...
Madison Group to Build Master-Planned Community in Midtown Toronto
Madison Group, the Toronto-headquartered real estate development company, announced its latest project will be a master-planned community in Toronto’s Midtown. The new project will encompass two individual properties, with two towers at 90-110 Eglinton Ave. East and...
Trustmark National Bank Sells Insurance Subsidiary to Marsh & McLennan Agency
Jackson, Mississippi-headquartered Trustmark National Bank announced the sale of its subsidiary Fisher Brown Bottrell Insurance Inc. (FBBInsurance) to Marsh & McLennan Agency LLC for $345 million in cash. In connection with the sale, current leadership and...
NEWS & CURRENT EVENTS
Matt Parisi Joins Industry Real Estate Partners as Vice President
He was previously vice president at Transwestern’s tenant advisory and occupier solutions team, Continue Reading Matt Parisi Joins Industry Real Estate Partners as Vice President
Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores
No explanation was given on why the combined company failed so abruptly. Continue Reading Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores
Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today
“Rising home prices are a double-edged sword,” said Redfin Senior Economist Elijah de la Campa. Continue Reading Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today
Four Seasons to Open First Branded Residences in Florida
The new 20-story development will offer 70 residences ranging from two- to four-bedrooms. Continue Reading Four Seasons to Open First Branded Residences in Florida
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Total Commercial Real Estate Mortgage Borrowing and Lending Down 47% in 2023
Depositories were the leading capital source of the sector’s mortgage debt. Continue Reading Total Commercial Real Estate Mortgage Borrowing and Lending Down 47% in 2023
Madison Group to Build Master-Planned Community in Midtown Toronto
The company did not offer a timeline on when construction is slated to begin and conclude. Continue Reading Madison Group to Build Master-Planned Community in Midtown Toronto
Trustmark National Bank Sells Insurance Subsidiary to Marsh & McLennan Agency
Trustmark stated the transaction value represents approximately 5.9 times FBBInsurance’s 2023 revenue and 28 times net income. Continue Reading Trustmark National Bank Sells Insurance Subsidiary to Marsh & McLennan Agency
Matt Parisi Joins Industry Real Estate Partners as Vice President
He was previously vice president at Transwestern’s tenant advisory and occupier solutions team, Continue Reading Matt Parisi Joins Industry Real Estate Partners as Vice President
Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores
No explanation was given on why the combined company failed so abruptly. Continue Reading Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores
Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today
“Rising home prices are a double-edged sword,” said Redfin Senior Economist Elijah de la Campa. Continue Reading Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today
Four Seasons to Open First Branded Residences in Florida
The new 20-story development will offer 70 residences ranging from two- to four-bedrooms. Continue Reading Four Seasons to Open First Branded Residences in Florida
NAR Receives Preliminary Approval of Sitzer/Burnett Settlement Agreement
A final approval hearing on the settlement will take place in November. Continue Reading NAR Receives Preliminary Approval of Sitzer/Burnett Settlement Agreement
Survey: Half of Canadians Say Inflation Erodes Their Ability to Buy a Home
62% of respondents said financial support from family is necessary to buy a home. Continue Reading Survey: Half of Canadians Say Inflation Erodes Their Ability to Buy a Home
Guest Opinion: How You Might Look at Recent Data
We are all looking at the same data, but it is easy to come away with different conclusions. Continue Reading Guest Opinion: How You Might Look at Recent Data
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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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