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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
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
Report: More Californians Can Afford to Buy a Home
More Californians were able to afford buying a home during the third quarter, according to a data report from the California Association of Realtors (CAR). Between July and September, 17% of the state's homebuyers could afford to purchase an $887,380 median-priced,...
Multifamily Developer Confidence Rises in Q3
Builder confidence in the new multifamily housing market increased year-over-year in the third quarter, according to the Multifamily Market Survey released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily...
Mortgage Rates Inch Up Again
Mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6, up from last week when it averaged 6.17%. A year ago at this time, it averaged 6.79%. The...
NEWS & CURRENT EVENTS
Mountain Lakes Board of Realtors Joins Hive MLS
“We believe in working together while staying true to who we are,” said Kathleen Simmons, association executive at MLBOR. Continue Reading Mountain Lakes Board of Realtors Joins Hive MLS
Toys R Us to Open New Wave of Flagship and Seasonal Stores
20 locations are either currently open or will soon open on a seasonal basis at malls in 17 states. Continue Reading Toys R Us to Open New Wave of Flagship and Seasonal Stores
Compass Unveils Buyer Demand, a Proprietary Tool for Real-Time Market Insight
The company said the tool will enable agents and their clients to identify dynamics across different price points. Continue Reading Compass Unveils Buyer Demand, a Proprietary Tool for Real-Time Market Insight
Report: 70 New Down Payment Assistance Programs Launched During Q3
More than 2,000 counties now have 10 or more down payment assistance programs available for homebuyers. Continue Reading Report: 70 New Down Payment Assistance Programs Launched During Q3
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
NJ Real Estate Investor Charged in Multimillion-Dollar Ponzi Fraud Scheme
Cesar Humberto Pina, also known as “Flipping NJ,” gained influencer status through a series of real estate seminars conducted around the country. Continue Reading NJ Real Estate Investor Charged in Multimillion-Dollar Ponzi Fraud Scheme
Saudi Arabia to Allow Property Ownership by Foreigners
However, properties in the holy cities Makkah and Madinah will not be open to foreign buyers. Continue Reading Saudi Arabia to Allow Property Ownership by Foreigners
Tim Leiweke Steps Down as Oak View Group CEO Following Indictment on Bid Rigging
He has transitioned to the role of vice chairman of the board of directors. Continue Reading Tim Leiweke Steps Down as Oak View Group CEO Following Indictment on Bid Rigging
HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
HUD said this endeavor “exemplified government overreach.” Continue Reading HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
White House Increases Attack on Powell, Claiming Mismanagement of Fed HQ Renovations
A recent Supreme Court ruling stated that Fed officials cannot be fired by a president at will. Continue Reading White House Increases Attack on Powell, Claiming Mismanagement of Fed HQ Renovations
Del Webb Breaks Ground on 55+ Community in Austin Suburb
The completed project will encompass over 500 residences to be built across 323 acres. Continue Reading Del Webb Breaks Ground on 55+ Community in Austin Suburb
Historic Masonic Temple in Oakland Listed for Sale
The Scottish Rite Temple is an 85,000-square-foot building spanning four levels. Continue Reading Historic Masonic Temple in Oakland Listed for Sale
Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades
“We have mandated expenses to fix the inhumane conditions there,” said Commissioner Dana Barrett. Continue Reading Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades
New Partnership Aims at Tokenizing Tokyo Real Estate
“Japanese content—whether game IP or other cultural assets—commands high global value,” said Ryo Matsubara, representative director of Oasys. Continue Reading New Partnership Aims at Tokenizing Tokyo Real Estate
FHFA’s Pulte: ‘Moneyed Corporations’ Are Trying ‘To Stop Us’
Pulte also used his personal X account to announce Westcor was being added “to Fannie Mae’s title acceptance pilot on certain refinances.” Continue Reading FHFA’s Pulte: ‘Moneyed Corporations’ Are Trying ‘To Stop Us’
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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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