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Two Harbors Investment Corp. Identifies CrossCountry Mortgage as New Bidder for Merger

Two Harbors Investment Corp. Identifies CrossCountry Mortgage as New Bidder for Merger

by Phil Hall | Mar 23, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Two Harbors Investment Corp. (NYSE: TWO), a New York City-based mortgage servicing rights-focused real estate investment trust, announced that an unsolicited proposal to acquire all of the outstanding shares of common stock constituted a “Company Superior Proposal” as...
New York State Housing Inventory at Record Low

New York State Housing Inventory at Record Low

by Phil Hall | Mar 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing inventory across New York State dropped to 22,366 homes on the market in February, a 3.9% decline from the 23,266 homes available one year earlier. According to the New York State Association of Realtors (NYSAR), this is the lowest inventory level since the...
David Simon, Chief Executive of Simon Property Group, Dies at 64

David Simon, Chief Executive of Simon Property Group, Dies at 64

by Phil Hall | Mar 23, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Indianapolis-headquartered Simon Property Group Inc. (NYSE: SPG) announced the passing of 64-year-old David Simon, the company’s chairman of the board, CEO and president, on March 22 following a bout with cancer. The company’s board of directors appointed...
11 Arrested for Running Fraud Ring Targeting Elderly California Homeowners

11 Arrested for Running Fraud Ring Targeting Elderly California Homeowners

by Phil Hall | Mar 23, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Eleven defendants have been arrested for running a real estate crime ring that stole the identities of elderly homeowners for title deed theft and loan fraud. According to the indictment, between January 2021 to May 2023 the fraudsters obtained the personal...
Mid-Atlantic Home Sales Down Amid Decline in New Listings

Mid-Atlantic Home Sales Down Amid Decline in New Listings

by Phil Hall | Mar 23, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

February closed sales totaled 12,618 across the Mid-Atlantic region covered by the Bright MLS service area, down 1.1% year-over-year, while new pending sales were down 0.5% from one year earlier. New listings for the region totaled 15,833, down 11.1% year-over-year,...
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