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Q1 Sales Up 29% in Manhattan Luxury Apartment Market

Q1 Sales Up 29% in Manhattan Luxury Apartment Market

by Phil Hall | Apr 4, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Buyers in the Manhattan luxury apartment market opened their deep wallets during the first quarter, with sales surging 29% to 2,560 closed transactions, up from 1,988 one year earlier. CNBC, citing multiple data sources, reports the total value of Manhattan’s luxury...
Forecast: Increased Investment in Canadian Residential Construction Through 2034

Forecast: Increased Investment in Canadian Residential Construction Through 2034

by Phil Hall | Apr 4, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Investment in Canada’s residential sector will move past a mostly stagnant 2025 into a steady series of increases from 2026 to 2034, according to the 2025–2034 Construction and Maintenance Looking Forward forecast published by BuildForce Canada. The forecast predicts...
LendingOne in New Partnership with Proptech Blanket

LendingOne in New Partnership with Proptech Blanket

by Phil Hall | Apr 4, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

LendingOne, a private lender for real estate investors, has entered a strategic partnership with the proptech platform Blanket. According to the companies, LendingOne’s suite of investor loan solutions will be integrated directly into the Blanket platform, with...
Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud

Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud

by Phil Hall | Apr 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A pair of Fiji nationals residing in California were sentenced for leading a multimillion-dollar mortgage fraud scheme. According to court records, Jyoteshna Karan and Praveen Singh Karan conspired to make straw purchases and short sales of approximately 15 homes from...
Two-Thirds of Condos Sold at Less Than Asking Price in February

Two-Thirds of Condos Sold at Less Than Asking Price in February

by Phil Hall | Apr 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

February was a rough month for the condominium market, with roughly two-thirds (68.4%) of these properties selling for less than their original asking price, according to new data from Redfin (NASDAQ: RDFN). This is up from 63.3% a year earlier and the highest...
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