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
Weekly Real Estate News has a team of expert editors on staff to provide articles exclusive to WRE News. These articles aren’t published anywhere else and include insights, outlooks, tools, and trends for the real estate and mortgage industries. For weekly updates with these exclusive articles and other popular articles on the site, click “Subscribe to Updates” below.
California Man Sentenced for Belize-Based Real Estate Scam
Andris Pukke was convicted of wire fraud and obstruction of justice on July 10. Continue Reading California Man Sentenced for Belize-Based Real Estate Scam
Commercial and Multifamily Mortgage Debt Outstanding Increased During Q2
The level of commercial/multifamily mortgage debt outstanding reached $4.88 trillion by the end of the second quarter, an increase of $47.1 billion (1%) from the first quarter, according to data from the Mortgage Bankers Association (MBA). Multifamily mortgage debt...
Michael Bailey Promoted to CEO at Zeman Homes
Prior to joining Zeman Homes last June, Bailey spent over a decade with Equity Lifestyle Properties. Continue Reading Michael Bailey Promoted to CEO at Zeman Homes
Additional Reading: Realtor Tools & Insights
Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes
During July, homes marketed as fixer-uppers came with a median list price tag of just $200,000, which is 54% below the $436,250 median for all single-family homes. Continue Reading Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes
Homebuyer’s Lawsuit Accuses Zillow of Deceptive Practices
The plaintiff, who was not publicly identified, is seeking class-action status for the lawsuit that will include financial compensation of up to $25,000 a person. Continue Reading Homebuyer’s Lawsuit Accuses Zillow of Deceptive Practices
Judge Rules Work Can Resume on Trump-Blocked New England Offshore Wind Project
The judge ruled the developers behind the project, were “likely to suffer irreparable harm in the absence of an injunction.” Continue Reading Judge Rules Work Can Resume on Trump-Blocked New England Offshore Wind Project
Ex-Real Estate Attorney Charged with Stealing Client’s Funds
Brian Schmidt pleaded not guilty and was released on his own recognizance pending further proceedings. Continue Reading Ex-Real Estate Attorney Charged with Stealing Client’s Funds
NYC’s Historic Roosevelt Hotel to Cease Operating as Migrant Shelter
More than 173,000 migrants have registered at the hotel. Continue Reading NYC’s Historic Roosevelt Hotel to Cease Operating as Migrant Shelter
SEC Brings New Charges Against Elie Schwartz
Schwartz’s previous guilty plea to one count of wire fraud could result in a maximum penalty of 20 years in prison. Continue Reading SEC Brings New Charges Against Elie Schwartz
Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million
The sale was facilitated by Institutional Property Advisors (IPA) Phoenix, who served as the selling broker. Continue Reading Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million
Survey: 70% of Remote/Hybrid Workers Would Rather Get New Job Than Return to Office
Geographically, employees in the Northeast (45%) and the South (45%) were most likely to seek alternative employment. Continue Reading Survey: 70% of Remote/Hybrid Workers Would Rather Get New Job Than Return to Office
A Phil Hall Op-Ed: 60 Minutes vs. DOGE vs. CFPB
Editor Phil Hall dissects a “60 Minutes” piece on the state of the CFPB. Continue Reading A Phil Hall Op-Ed: 60 Minutes vs. DOGE vs. CFPB
Craft Retailer Jo-Ann to Close All 800 Stores
On Feb. 12, the company stated it would close 500 stores. Continue Reading Craft Retailer Jo-Ann to Close All 800 Stores
Blackstone Pays $5.65 Billion for Safe Harbor Marinas
Sun Communities acquired Safe Harbor Marinas in September 2020 for $2.11 billion. Continue Reading Blackstone Pays $5.65 Billion for Safe Harbor Marinas
New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
The average loan size for new homes increased from $400,930 in December to $403,416 in January. Continue Reading New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
TECfusions Acquires 73 Acres for Virginia Data Center Expansion
The financial aspects of the acquisition were not disclosed Continue Reading TECfusions Acquires 73 Acres for Virginia Data Center Expansion
