Exclusive WRE News Articles
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Brooklyn Condo Developer Ordered to Pay $6 Million to Defrauded Buyers
“When New Yorkers hand over their hard-earned savings for a down payment on a home, that money is not a piggy bank for developers to raid,” said New York Attorney General James. Continue Reading Brooklyn Condo Developer Ordered to Pay $6 Million to Defrauded Buyers
Opendoor Home Loans Ends Beta Period, Now Available for Homebuyers
The company is originating 30-, 20-, and 15-year fixed-rate mortgages, plus 5/6, 7/6, and 10/6 adjustable-rate mortgages. Continue Reading Opendoor Home Loans Ends Beta Period, Now Available for Homebuyers
Arizona Real Estate Agent Fired After Being Duct-Taped Following In-Flight Disruption
Arthur Layne Lundeen was dropped from his position as a vice president with the Tucson-based Long Realty. Continue Reading Arizona Real Estate Agent Fired After Being Duct-Taped Following In-Flight Disruption
Additional Reading: Realtor Tools & Insights
NEXA Lending Promotes Geri Farr to CEO
She succeeds founder Mike Kortas, who will transition into the role of executive partner. Continue Reading NEXA Lending Promotes Geri Farr to CEO
Affordable Housing Isn’t One Problem. We Need to Stop Treating it Like One.
America has a 7.2 million-home shortage for extremely low-income renters, yet thousands of income-restricted apartments are reportedly vacant. The contradiction reveals why “affordable housing” is too broad a term for several very different problems. Continue Reading Affordable Housing Isn’t One Problem. We Need to Stop Treating it Like One.
Hits and Misses for the Real Estate Week of Aug. 31-Sept. 4
Newly piqued interest in 3D-printed homes, a royal residence available for lease, and a group of Pennsylvania nuns building their own monastery. Continue Reading Hits and Misses for the Real Estate Week of Aug. 31-Sept. 4
Illinois’ Cook County Faces 32nd Consecutive Year of Property Tax Hikes
Within the city of Chicago, overall taxes rose $196 million, or 2.2%, which was below the rate of inflation for 2025. Continue Reading Illinois’ Cook County Faces 32nd Consecutive Year of Property Tax Hikes
Lennar Unveils New Single-Family Home Community in Georgia
Pricing starts in the mid-$200,000s. Continue Reading Lennar Unveils New Single-Family Home Community in Georgia
Reports: Fannie Mae Executives Fired in New Round of Layoffs
Fannie Mae and its chairman, Bill Pulte, offered no public comment. Continue Reading Reports: Fannie Mae Executives Fired in New Round of Layoffs
Former Honeywell Executive Ken West Joins QXO as President and Chief Operating Officer
West will report to CEO Brad Jacobs and be responsible for QXO’s day-to-day operations. Continue Reading Former Honeywell Executive Ken West Joins QXO as President and Chief Operating Officer
Hits and Misses for the Real Estate Week of Aug. 17-21
A real estate fraudster being chased by the FBI, an ex-CEO trying to take over his former company, and the upcoming demolition of a historic site in sports betting. Continue Reading Hits and Misses for the Real Estate Week of Aug. 17-21
Virginia Home Sales Up, But at a Slower Pace
Sold dollar volume also increased, climbing to approximately $5.8 billion statewide. Continue Reading Virginia Home Sales Up, But at a Slower Pace
Compass Hit with Antitrust Lawsuit by NYC Renters
The lawsuit said the company “is responsible for a conspiracy to monopolize and harm hardworking New Yorkers in the New York City-metro area.” Continue Reading Compass Hit with Antitrust Lawsuit by NYC Renters
The Town with the Most Expensive Housing Market Is…
Among the 10 priciest towns, Nantucket and Vineyard Haven were the only two east of the Mississippi River. Continue Reading The Town with the Most Expensive Housing Market Is…
More Closed Sales, Fewer Pending Sales Across Mid-Atlantic Region
Also on the rise was the median sold price in July – $450,999, up 2.5% year-over-year. Continue Reading More Closed Sales, Fewer Pending Sales Across Mid-Atlantic Region
California Realtors-Backed Group Sues 3 Cities for Limiting Housing Near Transit
“Cities throughout California must play by the same set of rules established by our legislature for the development of housing,” said CAR President Tamara Suminski. Continue Reading California Realtors-Backed Group Sues 3 Cities for Limiting Housing Near Transit
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