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Glenn Kelman to Step Down as Redfin CEO
“My last day in the office is on January 16,” Kelman stated. Continue Reading Glenn Kelman to Step Down as Redfin CEO
Glenn Kelman to Step Down as Redfin CEO
“My last day in the office is on January 16,” Kelman stated. Continue Reading Glenn Kelman to Step Down as Redfin CEO
Powell Announces He is Target of DOJ Criminal Probe
Federal Reserve Chairman Jerome Powell announced the Department of Justice (DOJ) has served the central bank with grand jury subpoenas related to his testimony last June before the Senate Banking Committee related to the renovation of the Fed’s headquarters. In an...
Hits and Misses for the Real Estate Week of Jan. 5-9
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 5-9. Hit: Who Saw That Coming? The biggest...
Housing Starts Up in October
Single-family housing starts in October came in at a rate of 874,000, according to data from the US Census Bureau and Department of Housing and Urban Development; the report was delayed by the 43-day government shutdown. October’s level was 5.4% above the revised...
NEWS & CURRENT EVENTS
Mortgage Rates Record Slight Increase
A new data report from Redfin found the median monthly housing payment fell to $2,365 during the four weeks ending Jan. 4. Continue Reading Mortgage Rates Record Slight Increase
Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market
The announcement was framed by having Newsom as a change agent for affordability. Continue Reading Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market
Trammell Crow Residential Opens Phoenix and Nashville Offices
TCR has named Tom Lewis as managing director in Phoenix and Peter Davis as managing director in Nashville. Continue Reading Trammell Crow Residential Opens Phoenix and Nashville Offices
Corcoran Group Launches New Virginia Franchise
Formerly Wiley Real Estate, the firm was founded in 2016 and is led by broker/owners Justin and Peter Wiley. Continue Reading Corcoran Group Launches New Virginia Franchise
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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.
Judge Halts Trump Efforts to Block CFPB Funding
On three separate occasions earlier this year, Judge Amy Berman ruled against the Trump administration’s attempt to enact mass layoffs at the CFPB. Continue Reading Judge Halts Trump Efforts to Block CFPB Funding
New Reports Detail How LA Wildfires Changed Local Housing Market
A new wave of investors has turned up in search of real estate bargains. Continue Reading New Reports Detail How LA Wildfires Changed Local Housing Market
Iowa Home Sales Decline While Prices Rise 7%
Median sales price increased 7% to $244,950 in November from the $229,000 of one year before. Continue Reading Iowa Home Sales Decline While Prices Rise 7%
Report: Australian Home Prices Could Double by 2030
Buyers could be paying 75% more for homes in Adelaide by 2030. Continue Reading Report: Australian Home Prices Could Double by 2030
Nicholas Adler Named Board Chairman at La Rosa Holdings
Adler has served as a partner at Brock & Scott PLLC since 2012. Continue Reading Nicholas Adler Named Board Chairman at La Rosa Holdings
New Data Reports Highlight Mild But Continued Home Price Acceleration
FHFA Director Bill Pulte made no public acknowledgement of the home price increases. Continue Reading New Data Reports Highlight Mild But Continued Home Price Acceleration
Georgia Home Sales Down 9% During November
During November, the median sales price dipped by 1% to $356,000 while the average sales price inched up 2% to $449,463. Continue Reading Georgia Home Sales Down 9% During November
Gene Simmons Relists Beverly Hills Estate with $1 Million Price Cut
In April, he listed the property for just under $14 million but later withdrew the listing when there was no buyer interest. Continue Reading Gene Simmons Relists Beverly Hills Estate with $1 Million Price Cut
Chicago Board of Education Approves Small Property Tax Hike
For a Chicago household with a $250,000 home, they will have to pay an additional $8 next year. Continue Reading Chicago Board of Education Approves Small Property Tax Hike
DOJ Announces Settlement with LivCor on Rental Housing Price Fixing
The consent decree does not carry a financial penalty or the acknowledgment of wrongdoing. Continue Reading DOJ Announces Settlement with LivCor on Rental Housing Price Fixing
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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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