Exclusive WRE News Articles
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Southern Impression Homes Completes First Phase of 213-Unit Dallas-Area BTR Community
Southern Impression Homes is a subsidiary of Japan’s Sumitomo Forestry, which acquired an 80% interest in the company in 2023. Continue Reading Southern Impression Homes Completes First Phase of 213-Unit Dallas-Area BTR Community
Model Nadia Ferreira Named Brand Ambassador for HQ Residences Miami
“I was immediately drawn to HQ Residences because it represents a vision of luxury that feels personal and welcoming,” said Ferreira in a statement. Continue Reading Model Nadia Ferreira Named Brand Ambassador for HQ Residences Miami
Maryland’s Real Property Search System Taken Offline Amid Cybersecurity Concerns
Maryland’s Real Property Search system has been taken offline following reports of suspicious activity on state servers. Continue Reading Maryland’s Real Property Search System Taken Offline Amid Cybersecurity Concerns
Additional Reading: Realtor Tools & Insights
More White-Collar Jobs in Construction Industry Than Trades Work
“The changing workforce composition also coincides with declining self-employment rates in construction, suggesting a shift toward larger firms,” said NAHB’s Natalia Siniavskaia. Continue Reading More White-Collar Jobs in Construction Industry Than Trades Work
Cole West Closes on 38 Homesites for New Utah Community
Development is slated to begin this summer, with home sales commencing early next year with prices expected to start in the $700,000s. Continue Reading Cole West Closes on 38 Homesites for New Utah Community
Blue Owl Capital Acquires Sila Realty Trust for $2.4 Billion
“I am extremely proud of the company that we have built at Sila Realty Trust,” stated Michael A. Seton, the company’s president and CEO. Continue Reading Blue Owl Capital Acquires Sila Realty Trust for $2.4 Billion
Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
Judge Jeremy Kernodle, a Trump appointee, declared that FinCEN “fails to explain or show how non-financed residential real estate transactions are categorically ‘suspicious.'” Continue Reading Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
“Our client believes the existing Soldier Field site is the ideal location for a world-class venue,” said Edward Peck, managing director of Edward Peck Design. Continue Reading New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Redfin cited estimates that predicted AI could displace up to 30% of US jobs, with 80% of workers affected in some way. Continue Reading Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
The financial terms of the deal were not disclosed. Continue Reading Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
She served as CREFC’s chairperson in 2010–2011 and was a member of its board of governors for more than nine years. Continue Reading Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
To fill in the deficit, some proposals being considered include a $20 to $30 increase on property taxes. Continue Reading Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
Chicago Boosts Hotel Tax, Making it the Nation’s Highest
The tax increase applies to room rates at hotels with 100 or more rooms. Continue Reading Chicago Boosts Hotel Tax, Making it the Nation’s Highest
Maine Home Values Increased in February While Sales Declined
February’s home sales across the Northeast were down 4.1% year-over-year while the median sales price rose by 3.3% to $479,800. Continue Reading Maine Home Values Increased in February While Sales Declined
30-Year Fixed-Rate Mortgage Surges to 6.22%
A year ago at this time, it averaged 6.67%. Continue Reading 30-Year Fixed-Rate Mortgage Surges to 6.22%
Kentucky Home Sales Up in February Despite Drop in New Listings
The median sales price in February was $272,000, up 8.58% month-over-month and up 6% year-over-year. Continue Reading Kentucky Home Sales Up in February Despite Drop in New Listings
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