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.
Boston City Council Votes to Raise Residential Property Taxes by 13%
Councilor Ed Flynn, a critic of Mayor Michelle Wu, argued the city needs to crack down on its spending. Continue Reading Boston City Council Votes to Raise Residential Property Taxes by 13%
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Newsom did not publicly comment on the lawsuit. Continue Reading Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Additional Reading: Realtor Tools & Insights
Granite Real Estate Investment Trust to Delist from the NYSE
Granite has also filed an application for its units to be quoted on the OTCQX platform, to begin trading on or about Dec. 23. Continue Reading Granite Real Estate Investment Trust to Delist from the NYSE
Fed Cuts Rates by Quarter Point
The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting. Continue Reading Fed Cuts Rates by Quarter Point
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Qualification can be obtained through 12 months of personal or business bank statements, or one year’s full documentation. Continue Reading Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Mortgage Rates Drop for Second Straight Week
The 30-year fixed-rate averaged 6.19% as of Dec. 4. Continue Reading Mortgage Rates Drop for Second Straight Week
US Institute of Peace HQ in Washington Renamed for Trump
The new name for the building comes ahead of today’s scheduled meeting between Trump and leaders from Rwanda and the Democratic Republic of Congo. Continue Reading US Institute of Peace HQ in Washington Renamed for Trump
Trump Pardons Ex-CEO of Oak View Group Indicted by His Justice Department
CNN reports Leiweke’s pardon was coordinated by Trey Gowdy, a former South Carolina congressman and Fox News host. Continue Reading Trump Pardons Ex-CEO of Oak View Group Indicted by His Justice Department
Report: California is Home to Four of the Top Five Riskiest Housing Markets
The new report determined that 16 of the 50 highest risk markets were in California. Continue Reading Report: California is Home to Four of the Top Five Riskiest Housing Markets
Century Communities Begins Home Sales at New Michigan Community
Pricing for the new homes starts in the mid $300,000s. Continue Reading Century Communities Begins Home Sales at New Michigan Community
Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
The retail aspect of the property is anchored by Whole Foods, Life Time Fitness, Starbucks and Chase Bank. Continue Reading Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
Leadership Change at Mission Rock Residential
Meredith Wright, who served as president since 2021, will assume the role of CEO. Continue Reading Leadership Change at Mission Rock Residential
A Phil Hall Op-Ed: Hattie McDaniel’s Fight Against Housing Discrimination
An observance of the 80th anniversary of a housing discrimination fight led by the Oscar-winning actress. Continue Reading A Phil Hall Op-Ed: Hattie McDaniel’s Fight Against Housing Discrimination
15% of Home Purchase Agreements Canceled During October
San Antonio led the nation in canceled deals, with over one in five (21%) pending home sales falling through in October. Continue Reading 15% of Home Purchase Agreements Canceled During October
