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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...
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...
Trump’s Childhood Home Listed at $2.3 Million
Donald Trump’s childhood home in Queens, New York, has been listed for sale for $2.3 million. The Wall Street Journal reports the five-bedroom home at 85-15 Wareham Place in the Jamaica Estates neighborhood was built by the president’s father, Fred Trump, in 1940. The...
Bloom Finance Company Debuts Reverse Mortgage with Lifetime Fixed Interest Rate
Toronto-headquartered Bloom Finance Company Ltd. has rolled out SafeRate, which is being promoted as Canada’s first reverse mortgage with a lifetime fixed interest rate. According to the company, the new product is designed to protect seniors by eliminating...
A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
A Phil Hall Op-Ed: Over the weekend, President Trump posted a meme on Truth Social with the headline “Great American Presidents” that showed Franklin D. Roosevelt linked to “30-Year Mortgage” while Trump was next to him linked to “50-Year Mortgage.” Almost immediately...
NEWS & CURRENT EVENTS
Joint Venture Acquires Sotherly Hotels REIT
“This transaction is a testament to the high-quality portfolio that Sotherly has built over the past 20-plus years,” said David Folsom, Sotherly’s CEO. Continue Reading Joint Venture Acquires Sotherly Hotels REIT
Beeline Announces First Blockchain-Recorded Home Equity Transactions
BeelineEquity closed five blockchain-tracked equity transactions, with five more scheduled this month. Continue Reading Beeline Announces First Blockchain-Recorded Home Equity Transactions
Plymouth Industrial REIT Acquired by Joint Venture for $2.1 Billion
“This all-cash transaction will deliver significant, immediate and certain value to Plymouth shareholders,” said Jeff Witherell, CEO and co-founder of Plymouth. Continue Reading Plymouth Industrial REIT Acquired by Joint Venture for $2.1 Billion
Douglas Elliman in Rebranding Initiative After Selling Property Management Division
Watson’s client list includes Mandarin Oriental, Mayo Clinic, and Four Seasons. Continue Reading Douglas Elliman in Rebranding Initiative After Selling Property Management Division
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Trump Rules Out Treasury Secretary Bessent as Next Fed Chairman
“Well, I love Scott, but he wants to stay where he is,” Trump said. Continue Reading Trump Rules Out Treasury Secretary Bessent as Next Fed Chairman
Northeast and Midwest Suburbs Top Realtor.com’s Hottest ZIP Codes List
“Many of these neighborhoods also offer newer homes than the surrounding areas,” said Chief Economist Danielle Hale. Continue Reading Northeast and Midwest Suburbs Top Realtor.com’s Hottest ZIP Codes List
Pennsylvania Township to Provide 100% Property Tax Credit to Volunteer Firefighters
Volunteer firefighters in the township previously enjoyed a 20% real estate tax credit. Continue Reading Pennsylvania Township to Provide 100% Property Tax Credit to Volunteer Firefighters
New Study Highlights the Most Pet-Friendly Cities
Scottsdale ranked first and Honolulu ranked last among the 100 cities analyzed by WalletHub. Continue Reading New Study Highlights the Most Pet-Friendly Cities
Boston Mayor Complains About Traffic Concerns with Proposed Soccer Stadium
Mayor Michelle Wu criticized Robert Kraft’s company. Continue Reading Boston Mayor Complains About Traffic Concerns with Proposed Soccer Stadium
Rudyard Kipling’s 1896 Vermont Stable to Become Rental Housing
The English-born Kipling lived at an estate in Vermont from 1892 through 1896. Continue Reading Rudyard Kipling’s 1896 Vermont Stable to Become Rental Housing
REMAX Taps Magnite to Expand Commerce Media Business
REMAX launched its media network last December to provide advertisers with a platform to connect with consumers. Continue Reading REMAX Taps Magnite to Expand Commerce Media Business
Sen. Warren Endorses Zohran Mamdani for NYC Mayor
Among Mamdani’s campaign pledges are a freeze in the costs of rent-controlled housing and the creation of supermarkets owned and operated by the city government. Continue Reading Sen. Warren Endorses Zohran Mamdani for NYC Mayor
Lincoln Property Company and NYLREI Acquire San Francisco Office Property
The five-story building encompasses nearly 210,000 square feet and is 90% leased. Continue Reading Lincoln Property Company and NYLREI Acquire San Francisco Office Property
Trump Offers Nominees to Run Ginnie Mae, FHA
Joseph Gormley and Frank Cassidy were tapped for Ginnie Mae and the FHA, respectively. Continue Reading Trump Offers Nominees to Run Ginnie Mae, FHA
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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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