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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
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
Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
White House officials are reportedly angry with Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), for influencing President Trump to announce his poorly received plan for a 50-year mortgage to encourage affordable homeownership. Politico, sourcing...
New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
The State of New Jersey has reached a $2.8 million settlement with Florida-based MV Realty that resolves claims of deceptive lending in the company’s so-called “Homeowner Benefit Agreements” (HBAs). MV Realty provided “financially distressed” homeowners with an...
Apartment-Hotel Brand Sonder to Shut Down
Sonder Holdings Inc. (NASDAQ: SOND), a San Francisco-headquartered operator of short-term rental apartments and boutique hotels, announced a winding down of its operations immediately and the Chapter 7 liquidation of its US business while initiating insolvency...
NEWS & CURRENT EVENTS
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
Steve Francis Named Charlotte Division President at Tri Pointe Homes
Francis joins the company following a tenure as division president for Pulte Group in Charlotte. Continue Reading Steve Francis Named Charlotte Division President at Tri Pointe Homes
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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.
Starter Homes Sales and Prices on the Rise
The typical starter home sold for a record $260,000 last month, up 3.1% from June 2024. Continue Reading Starter Homes Sales and Prices on the Rise
New Report Details Skyrocketing NYC Rental Housing Costs
Danielle Hale, chief economist at Realtor.com, question the viability of Zohran Mamdani’s rent freeze campaign pledge. Continue Reading New Report Details Skyrocketing NYC Rental Housing Costs
Case-Shiller: Home Price Momentum Continues to Slow
The FHFA reported home prices were down in May by 0.2% month-over-month, but were up 2.8% year-over-year. Continue Reading Case-Shiller: Home Price Momentum Continues to Slow
Wesley LePatner, CEO of Blackstone Real Estate Investment Trust, Killed in Manhattan Office Shooting
LePatner succeeded the retiring Frank Cohen at the helm of $55 billion BREIT. Continue Reading Wesley LePatner, CEO of Blackstone Real Estate Investment Trust, Killed in Manhattan Office Shooting
Green Street Acquires Student Housing Data Provider College House
The financial terms of the deal were not disclosed. Continue Reading Green Street Acquires Student Housing Data Provider College House
Judge Rejects Effort by Trump Ally to Open Fed Policy Meetings to the Public
US District Judge Beryl Howell ruled against Azoria Capital, stating the Sunshine Act did not apply to the FOMC meeting. Continue Reading Judge Rejects Effort by Trump Ally to Open Fed Policy Meetings to the Public
A Phil Hall Op-Ed: 10 Questions for FHFA’s Bill Pulte
GSE reform, credit scoring policy and conflicts of interest are discussed. Continue Reading A Phil Hall Op-Ed: 10 Questions for FHFA’s Bill Pulte
Report: Increase in Home Equity Originations, Debt Outstanding During 2024
Last year, roughly 39% of borrowers cited debt consolidation as the reason for applying for a home equity loan, compared to 25% during 2023. Continue Reading Report: Increase in Home Equity Originations, Debt Outstanding During 2024
Turnbridge Equities to Launch Construction on 37-Story Luxury Tower in Raleigh
The property will also feature approximately 7,500 square feet of retail space on the ground floor. Continue Reading Turnbridge Equities to Launch Construction on 37-Story Luxury Tower in Raleigh
Landingplace Hotels Debuts 2 Conversion-Focused Brands
The company is focusing its development on urban and suburban markets with strong business, medical and university demand. Continue Reading Landingplace Hotels Debuts 2 Conversion-Focused Brands
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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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