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Mortgage Rates Down Slightly
The 30-year fixed-rate mortgage averaged 6.21% as of Dec. 18. Continue Reading Mortgage Rates Down Slightly
Mortgage Rates Down Slightly
The 30-year fixed-rate mortgage averaged 6.21% as of Dec. 18. Continue Reading Mortgage Rates Down Slightly
California Home Sales at 3-Year High
California home sales reached a three-year high, according to new data from the California Association of Realtors (CAR). Closed escrow sales of existing, single-family detached homes in California totaled 287,940 last month, up by 1.9% from the 282,590 sales in...
Report: Google Quietly Testing the Insertion of Real Estate Listings in Search Results
Google (NASDAG: GOOG, GOOGL) is quietly running a pilot test that puts residential listings directly into its search results. The company’s endeavor was uncovered by real estate tech consultant and blogger Mike Delprete, who noted the listings include “full property...
Fate of Decaying Frank Lloyd Wright House in Chicago Uncertain After Failed Foreclosure Auction
A Frank Lloyd Wright-designed residence in Chicago that has been in a state of dilapidation faces an uncertain future after its ownership was transferred to a mortgage company following a failed foreclosure auction. Artnet.com reports the Prairie style Walser House...
NEWS & CURRENT EVENTS
Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
The multifamily developer Thompson Thrift announced that it will develop Wrenly, a 214-unit community in the Atlanta suburb of Newnan, Georgia. Continue Reading Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
The company said the property has been well-maintained by the previous ownership, and there are no significant deferred maintenance needs. Continue Reading Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
A Phil Hall Op-Ed: It Can’t Happen Here, Can It?
Houses of worship are very special pieces of real estate, and violence against these buildings and the people within them has become too commonplace. Continue Reading A Phil Hall Op-Ed: It Can’t Happen Here, Can It?
Canadian Housing Starts Up 9.4%
Montreal posted a 24% year-over-year increase in actual housing starts this month driven by higher multi-unit and single-detached starts. Continue Reading Canadian Housing Starts Up 9.4%
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RentRedi Debuts Spanish-Language Version of Tenant App
RentRedi is also offering customer support in Spanish, with both live support and an auto-attendant experience. Continue Reading RentRedi Debuts Spanish-Language Version of Tenant App
AI + Real Estate: The Inflection Point of 2025 — And Why Leadership Matters More Than Technology
Real estate isn’t just a financial decision—it’s a psychological one. Only a human being can navigate both. Continue Reading AI + Real Estate: The Inflection Point of 2025 — And Why Leadership Matters More Than Technology
Disney Files 15 Lawsuits Against ‘Excessive’ Property Tax Assessments on Florida Assets
The lawsuits claim the office of Orange County Property Appraiser Amy Mercado did not use “professionally accepted appraisal practices.” Continue Reading Disney Files 15 Lawsuits Against ‘Excessive’ Property Tax Assessments on Florida Assets
Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
Mamdani will be trading in his one-bedroom, $2,300 a month rent-stabilized apartment for the rent-free, five-bedroom mansion. Continue Reading Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
Pre-Leasing Begins on Greystar’s New Denver High-Rise Community
In addition to the residences, The Parson will feature 4,100 square feet of ground floor retail space. Continue Reading Pre-Leasing Begins on Greystar’s New Denver High-Rise Community
Report: Average Buyer’s Agent Commission Up Slightly Since New NAR Rules
The average buyer’s agent commission during the third quarter was 2.42%, up from 2.36% one year earlier, while commissions were virtually flat compared to the previous quarter. According to a new data report from Redfin, commissions are at roughly the same level they...
New York State Raises Property Tax Exemption for Seniors to 65%
Legislation S5175A/A3698A replaces the previous 50% maximum percentage of exemption local governments have been able to offer income-eligible seniors. Continue Reading New York State Raises Property Tax Exemption for Seniors to 65%
Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Dollar General Plans to Open 450 New Stores
Dollar General said it opened 196 new stores in the third quarter. Continue Reading Dollar General Plans to Open 450 New Stores
Texas AG Paxton Sues EPIC City Developers for Securities Fraud
“The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land and line their own pockets,” said Paxton. Continue Reading Texas AG Paxton Sues EPIC City Developers for Securities Fraud
ABOUT WEEKLY REAL ESTATE NEWS
Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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