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Report: Median Asking Rent Down for 28th Straight Month
The new report also warned that rental affordability for minimum wage earners remains a challenge. Continue Reading Report: Median Asking Rent Down for 28th Straight Month
Report: Median Asking Rent Down for 28th Straight Month
The new report also warned that rental affordability for minimum wage earners remains a challenge. Continue Reading Report: Median Asking Rent Down for 28th Straight Month
Report: Home Price Appreciation Up During November
The median sale price on homes during November was $385,000, according to a data report from Homes.com. This marked a $9,120 or 2.4% year-over-year rise and a continuation of the 10-month stretch where median prices are between $375,000 and $395,000. Across the nearly...
Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
Phoenix-based Hospitality Capital Partners (HCP), in conjunction with its equity partner National Property Advisors, acquired a portfolio of five Arizona hotels from Service Properties Trust for $72 million. The portfolio encompasses more than 665 rooms consists at...
Architects Urge New Designer on White House East Wing Ballroom to Reject the Project’s Commission
A coalition of 29 architects has called on Shalom Baranes Associates, the new designer for President Trump’s White House East Wing ballroom, to reject the commission or face potential penalties from the American Institute of Architects (AIA). The Architect’s Newspaper...
NEWS & CURRENT EVENTS
Granite Real Estate Investment Trust to Delist from the NYSE
Granite has also filed an application for its units to be quoted on the OTCQX platform, to begin trading on or about Dec. 23. Continue Reading Granite Real Estate Investment Trust to Delist from the NYSE
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
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
eXp Announces Additions to C-Suite
“Growth isn’t just learned, it’s lived,” said CEO Leo Pareja. Continue Reading eXp Announces Additions to C-Suite
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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.
Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
FHFA Gives Green Light for Use of FICO 10T Score Data
FICO announced the news in a corporate blog post; the FHFA has yet to make a formal announcement. Continue Reading FHFA Gives Green Light for Use of FICO 10T Score Data
Children’s Publisher Scholastic Corporation Sells Real Estate Assets
Newmark Group Inc. served as exclusive advisor to Scholastic Corporation on both sale-leaseback transactions Continue Reading Children’s Publisher Scholastic Corporation Sells Real Estate Assets
HGTV Unveils Grand Prize in 2026 Dream Home Sweepstakes
The winner of this year’s sweepstakes will receive the keys to the home, which spans more than 3,000 square feet and includes three bedrooms and three-and-a-half-bathrooms. Continue Reading HGTV Unveils Grand Prize in 2026 Dream Home Sweepstakes
The State with the Highest Property Tax Is…
Homeowners in West Virginia paid the lowest average total real estate taxes at $1,044. Continue Reading The State with the Highest Property Tax Is…
New Charges Against Virginia Real Estate Agent Indicted for Construction Fraud
Two additional felony construction fraud charges were brought against Amy Argenbright last week on separate cases. Continue Reading New Charges Against Virginia Real Estate Agent Indicted for Construction Fraud
Vermont Homeowners Face 12% Property Tax Hike
If the latest tax hike goes into effect, homeowners in the Green Mountain State will have shouldered a 41% rise in property taxes over the past five years. Continue Reading Vermont Homeowners Face 12% Property Tax Hike
Report: Trump to Profit from Proposed NYC Casino
The Gaming Commission estimated the new casinos could generate $7 billion in gambling revenues for the state from 2027 to 2036. Continue Reading Report: Trump to Profit from Proposed NYC Casino
New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
West purchased the property in 2021 for $57 million but left it unfinished after a highly publicized but ill-fated renovation project. Continue Reading New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
More Than Two-Thirds of EU Households are Homeowners
Germany was the only EU country where tenants (53% of the population) were in greater numbers than homeowners. Continue Reading More Than Two-Thirds of EU Households are Homeowners
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