Exclusive WRE News Articles
This page highlights articles exclusive to Weekly Real Estate News. Here, you'll find insights from industry professionals, expert outlooks and trends and professional resources. Subscribe to UpdatesExclusive Weekly Real Estate News Articles
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Thor Equities Acquires Historic NYC Mixed-Use Property for $56 Million
Thor Equities, a real estate development, leasing, and asset management firm, announced its acquisition of 1165 Broadway, a 58,000-square-foot, mixed-use office and retail property in New York City, for $56 Million. Located in Manhattan’s NoMad District, the property...
CoStar Group Files Amended Complaint in Copyright Infringement Lawsuit Against Zillow
According to the updated filing, Zillow has unlawfully used more than 50,000 CoStar’s proprietary images across its sites. Continue Reading CoStar Group Files Amended Complaint in Copyright Infringement Lawsuit Against Zillow
Two Harbors Investment Corp. to Merge with CrossCountry Mortgage
CrossCountry will also pay a termination fee of $25.4 million to UWM in accordance with the terms of its now-defunct merger agreement. Continue Reading Two Harbors Investment Corp. to Merge with CrossCountry Mortgage
Additional Reading: Realtor Tools & Insights
Forewarn to Provide Online Safety Services for Free to Las Vegas Realtors
Forewarn’s services are available both online and through a mobile application. Continue Reading Forewarn to Provide Online Safety Services for Free to Las Vegas Realtors
Sanders and AOC Seek Moratorium on AI Data Center Construction
The Artificial Intelligence (AI) Data Center Moratorium Act would enact an immediate federal moratorium on these facilities. Continue Reading Sanders and AOC Seek Moratorium on AI Data Center Construction
Mortgage Application Payments Decreased in February
“Unfortunately, this month’s turmoil in the Middle East has put upward pressure on mortgage rates, which in turn could impact overall affordability in the months ahead,” said MBA’s Edward Seiler. Continue Reading Mortgage Application Payments Decreased in February
Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
The company said Cutsey’s departure will enable him “to turn his attention to the next chapter of his career.” Continue Reading Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
Federal Reserve Maintains Rate Range
Only Fed Gov. Stephen Miran dissented, with a call for a quarter-percentage point rate cut. Continue Reading Federal Reserve Maintains Rate Range
eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
“If a home is being marketed to the public, consumers deserve the opportunity to see it,” said Leo Pareja, CEO of eXp Realty. Continue Reading eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
Frontera Shores will offer a selection of two-, three-, and four-bedroom floor plans ranging from approximately 1,280 to 1,880 square feet. Continue Reading Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
“Thanks to President Trump’s landslide victory, we are replacing a disruptive and expensive Biden insurance mandate with commonsense policies for today’s market,” said FHFA Director Bill Pulte. Continue Reading FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
REMAX: Homes Sold Faster During February Amid Fewer New Listings
“With spring on the horizon, we started to see the market regain some momentum, particularly in how quickly homes are selling,” said Chris Lim, president of REMAX. Continue Reading REMAX: Homes Sold Faster During February Amid Fewer New Listings
Walton Global Debuts US Land Fund for International Investors
The fund has been certified as Shariah-compliant by Masryef Advisory. Continue Reading Walton Global Debuts US Land Fund for International Investors
Mortgage Application Activity Sinks Amid Pullback in Refinancing
“Purchase applications remained steady despite the higher rates,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Sinks Amid Pullback in Refinancing
Keith Pettigrew Selected to Become New CEO at Chicago Housing Authority
The CHA has been without a CEO for the past 16 months. Continue Reading Keith Pettigrew Selected to Become New CEO at Chicago Housing Authority
NY Attorney General Files Fraud Lawsuit Against Home Improvement Company Attyx
.“Attyx preyed on vulnerable and elderly homeowners with false promises and predatory tactics,” said Attorney General Letitia James. Continue Reading NY Attorney General Files Fraud Lawsuit Against Home Improvement Company Attyx
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