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McKinley Homes Acquires Houston Builder
The financial terms of the deal were not disclosed. Continue Reading McKinley Homes Acquires Houston Builder
McKinley Homes Acquires Houston Builder
The financial terms of the deal were not disclosed. Continue Reading McKinley Homes Acquires Houston Builder
California Home Sales Record Largest Yearly Increase in Over Three Years
California home sales during November marked the largest yearly increase in existing home sales since June 2021, although the level was still below the pre-Covid levels. According to new data from the California Association of Realtors (CAR), closed escrow sales of...
Canadian Home Sales Rise by Nearly 3%
Canada’s home sales during November were up 2.8% from the prior month and up 26% from one year earlier, according to data from the Canadian Real Estate Association (CREA). Last month’s sales are now a cumulative 18.4% above where they were in May, just before the Bank...
NAR Hires Advertising Agency to Help Improve Its Image
The National Association of Realtors (NAR) has hired the advertising agency Uncommon Creative Studio to help recalibrate its image in the wake of a year’s worth of negative publicity. Ad Age reported that Uncommon – which has offices in New York City, London and...
NEWS & CURRENT EVENTS
Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
ron Puretz pleaded guilty to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
Mortgage Application Activity Down Slightly
The MBA reported mortgage applications for new home purchases in November were up 7.2% year-over-year. Continue Reading Mortgage Application Activity Down Slightly
Single-Family Housing Starts Up 6.4%
Privately-owned housing starts were down 1.8% from October. Continue Reading Single-Family Housing Starts Up 6.4%
RE/MAX Holdings Launches Commerce Media Network
The venture is being launched in partnership with the media agency Kontrol Media. Continue Reading RE/MAX Holdings Launches Commerce Media Network
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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 Organization in Partnership for Two Luxury Projects in Saudi Arabia
The Riyadh developments mark the fourth and fifth collaborations between the Trump Organization and Dar Global. Continue Reading Trump Organization in Partnership for Two Luxury Projects in Saudi Arabia
Staying Top of Mind in an Age of Information Overload: A Strategic Guide for Real Estate Professionals
Success in this industry isn’t about closing deals—it’s about building trust, fostering connections, and consistently showing up. Continue Reading Staying Top of Mind in an Age of Information Overload: A Strategic Guide for Real Estate Professionals
Consumer Confidence in Housing Market is on the Rise
A new record-high share of consumers indicated that they expect mortgage rates to decline over the next 12 months. Continue Reading Consumer Confidence in Housing Market is on the Rise
NY Times Publishes Probe on Political Donations by NAR Nonprofit Affiliate
NAR said the Times was writing a “false claim” that it was “a partisan organization with a right-leaning agenda.” Continue Reading NY Times Publishes Probe on Political Donations by NAR Nonprofit Affiliate
Hudson Valley Property Group Acquires 22-Property Portfolio
The acquired properties are subject to low-income housing tax credit (LIHTC) rent restrictions. Continue Reading Hudson Valley Property Group Acquires 22-Property Portfolio
RealPage Says DOJ Dropped Antitrust Investigation
The DOJ offered no public comment on its actions. Continue Reading RealPage Says DOJ Dropped Antitrust Investigation
Sotheby’s International Realty Opens First South Dakota Affiliated Office
The new office is owned and operated by the siblings Dana Fisher and Danielle Konechne. Continue Reading Sotheby’s International Realty Opens First South Dakota Affiliated Office
Gindi Equities Acquires Second Multifamily Community in Fargo
The 252-unit property was acquired from Property Resources Group, which will continue to manage and service the asset. Continue Reading Gindi Equities Acquires Second Multifamily Community in Fargo
EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs
“After many years of serving consumers, EasyKnock has closed its doors,” said the New York City-based company. Continue Reading EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs
Former Ginnie Mae Chief Takes Role at Freddie Mac
Freddie Mac (OTCQB: FMCC) has announced the appointment of Sam Valverde as vice president of mission and community engagement within its single-family acquisitions division. Sam Valverde served as acting president from May through the end of November, when he stepped...
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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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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
