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Hits and Misses for the Real Estate Week of Dec. 15-19
Presidential promises of a stronger housing market, dead Colorado residents getting HUD benefits, and Jeremy Allen White’s real estate obsession. Continue Reading Hits and Misses for the Real Estate Week of Dec. 15-19
Hits and Misses for the Real Estate Week of Dec. 15-19
Presidential promises of a stronger housing market, dead Colorado residents getting HUD benefits, and Jeremy Allen White’s real estate obsession. Continue Reading Hits and Misses for the Real Estate Week of Dec. 15-19
Ground Broken on 365-Unit Multifamily Community in Aurora, Colorado
A joint venture between multifamily developer Wood Partners and real estate investment manager Clarion Partners officially broke ground on Alta Metro Center in Aurora, Colorado. The 365-unit project encompasses a quartet of four-story buildings featuring a mix of...
MISMO Names Amy Moses as VP of Strategic Growth
MISMO, the real estate finance industry's standards organization, has hired Amy Moses as vice president of strategic growth. In this role, Moses will lead MISMO’s growth and revenue strategy, drive expanded industry engagement, and cultivate strategic partnerships...
UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
UWM Holdings Corporation (NYSE: UWMC), the parent of United Wholesale Mortgage (UWM), is acquiring Two Harbors Investment Corp. (NYSE: TWO), a real estate investment trust, in an all-stock transaction for $1.3 billion. Two Harbors is one of the nation’s largest...
NEWS & CURRENT EVENTS
Newmark Grows Global Presence in Korea and Middle East
The new South Korean office is based in the capital city of Seoul and will be led by John Pritchard serving as managing director and country head. Continue Reading Newmark Grows Global Presence in Korea and Middle East
New Coalition Seeks to Protect Quartz Industry Jobs
“The US quartz industry is an American success story built by small and family-owned American businesses,” said Rupesh Shah, co-CEO of the distributor M S International. Continue Reading New Coalition Seeks to Protect Quartz Industry Jobs
Von Maur Department Stores to Open First New Jersey Location
The three-level, approximately 164,000 square foot Von Maur location expects to employ approximately 150 full-time and part-time associates. Continue Reading Von Maur Department Stores to Open First New Jersey Location
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
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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.
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
Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
The ban follows complaints about a rented-out residence where wild parties disrupted a neighborhood. Continue Reading Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
“They’re thinking about things that we’ve all talked about in our industry,” he said. Continue Reading United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
Owner of Minnesota Lodge Resort Charged with Torching the Property
He submitted a $16.5 million insurance claim, citing “a fire of unknown origin” as the cause of the destruction. Continue Reading Owner of Minnesota Lodge Resort Charged with Torching the Property
Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
The 600,000-square-foot shopping destination features retailers such as Nordstrom Rack, Dick’s, Marshalls, Ross, Planet Fitness, and Barnes and Noble. Continue Reading Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
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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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