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Canadian Rental Housing Vacancy Rate at 3.1%
Toronto’s purpose-built apartment vacancy rate hit 3% for the first time since the pandemic. Continue Reading Canadian Rental Housing Vacancy Rate at 3.1%
Canadian Rental Housing Vacancy Rate at 3.1%
Toronto’s purpose-built apartment vacancy rate hit 3% for the first time since the pandemic. Continue Reading Canadian Rental Housing Vacancy Rate at 3.1%
Trump’s Childhood Home Listed at $2.3 Million
Donald Trump’s childhood home in Queens, New York, has been listed for sale for $2.3 million. The Wall Street Journal reports the five-bedroom home at 85-15 Wareham Place in the Jamaica Estates neighborhood was built by the president’s father, Fred Trump, in 1940. The...
Bloom Finance Company Debuts Reverse Mortgage with Lifetime Fixed Interest Rate
Toronto-headquartered Bloom Finance Company Ltd. has rolled out SafeRate, which is being promoted as Canada’s first reverse mortgage with a lifetime fixed interest rate. According to the company, the new product is designed to protect seniors by eliminating...
A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
A Phil Hall Op-Ed: Over the weekend, President Trump posted a meme on Truth Social with the headline “Great American Presidents” that showed Franklin D. Roosevelt linked to “30-Year Mortgage” while Trump was next to him linked to “50-Year Mortgage.” Almost immediately...
NEWS & CURRENT EVENTS
Existing Home Sales Up 1.5% in September
The median existing home price for all housing types was $415,200, up 2.1% from the $406,700 recorded one year earlier. Continue Reading Existing Home Sales Up 1.5% in September
Mortgage Rates Are Falling Again
The 30-year fixed-rate mortgage averaged 6.19% as of Oct. 23. Continue Reading Mortgage Rates Are Falling Again
Florida City Gives Preliminary Approval to 6,000-Seat Soccer Stadium
The stadium will anchor the proposed mixed-use Walton & One development, formerly known as City Center. Continue Reading Florida City Gives Preliminary Approval to 6,000-Seat Soccer Stadium
Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
At the other end of the spectrum, about 2.8% of mortgaged residential properties were considered seriously underwater in the third quarter. Continue Reading Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
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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.
Florida Congressman Faces Eviction from DC Penthouse for Nonpayment of Rent
Rep. Cory Mills called reporter Roger Sollenberger a “biased hack.” Continue Reading Florida Congressman Faces Eviction from DC Penthouse for Nonpayment of Rent
Founders Development Company Unveils New Texas Multifamily Development
The project will be a mixed-use project featuring townhomes, build-to-rent homes, retail, restaurants, a hotel, and a medical center. Continue Reading Founders Development Company Unveils New Texas Multifamily Development
Doorvest Announces Acquisition of Wreno
The financial aspects of the deal were not disclosed. Continue Reading Doorvest Announces Acquisition of Wreno
Zillow Unveils 5 New Features to Improve User Friendliness
All five features are now live nationwide on Zillow’s website and mobile apps. Continue Reading Zillow Unveils 5 New Features to Improve User Friendliness
CertifID Raises $47.5 Million in Series C Funding
Arthur Ventures, which previously led their Series A $12.5M and Series B $20M rounds, participated in the new funding round. Continue Reading CertifID Raises $47.5 Million in Series C Funding
Report: Chicago Officials Failing to Alert Residents of Lead Risk in Drinking Water
A 2024 study determined two-thirds of Chicago children under 6 years old live in homes with tap water containing detectable levels of lead. Continue Reading Report: Chicago Officials Failing to Alert Residents of Lead Risk in Drinking Water
Foreign Purchases of American Homes Up 33%
Florida, California and Texas were the top destinations. Continue Reading Foreign Purchases of American Homes Up 33%
Realtor.com’s Parent Company Acquires Zenlist
The terms of the deal were not disclosed. Continue Reading Realtor.com’s Parent Company Acquires Zenlist
Mike Simonsen Named Chief Economist at Compass
Simonsen was previously the founder and CEO of Altos Research. Continue Reading Mike Simonsen Named Chief Economist at Compass
Judge Axes CFPB’s Medical Debt Reporting Rule
US District Judge Sean Jordan stated the CFPB exceeded its’ authority by issuing the rule. Continue Reading Judge Axes CFPB’s Medical Debt Reporting Rule
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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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