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Elite International Realty Launches Retail-Focused Division
Retail by Elite will support retailers from the early development stages through commercial negotiations, leasing, design, construction, and ongoing operational milestones. Continue Reading Elite International Realty Launches Retail-Focused Division
Elite International Realty Launches Retail-Focused Division
Retail by Elite will support retailers from the early development stages through commercial negotiations, leasing, design, construction, and ongoing operational milestones. Continue Reading Elite International Realty Launches Retail-Focused Division
Report: Roughly 2.8% of the National Housing Inventory Changed Hands This Year
A mere 28 out of every 1,000 homes changed hands this year, which covers 2.77% of the national housing inventory. That is down slightly from last year’s 2.78% share, and it is the lowest turnover rate in at least 30 years. According to a data report from Redfin, the...
The Shops at Laguna, California Shopping Center, Sells for $19.1 Million
The Shops at Laguna Reserve, a 33,308-square-foot, fully leased shopping center in Elk Grove, California, has sold for $19.1 million. The property encompasses four parcels totaling 4.16 acres. Six pad buildings were constructed in 2005, and the center is shadow...
Fed to Reduce Staff in Banking Supervision Group by 30%
The Federal Reserve is enacting a 30% staff reduction in its division focused on banking supervision. The job cuts were detailed in an internal memo viewed by The Wall Street Journal – the Federal Reserve has not made any public statement on its layoffs, which would...
NEWS & CURRENT EVENTS
UWM and Bilt Partner on Rewards Program for Mortgage Payments
“This platform helps brokers win new, high-intent, leads from Bilt’s ecosystem,” said UWM’s Mat Ishbia. Continue Reading UWM and Bilt Partner on Rewards Program for Mortgage Payments
Cleveland Browns in $100 Million Agreement for Relocation to New Suburban Stadium
All lawsuits filed in connection with the team’s relocation will be dismissed with prejudice. Continue Reading Cleveland Browns in $100 Million Agreement for Relocation to New Suburban Stadium
China and Singapore Lead the World in Online Searches for Miami-Area Real Estate
Part of this renewed interest from Asia could be tied to the Gold Card initiative signed by President Trump last month. Continue Reading China and Singapore Lead the World in Online Searches for Miami-Area Real Estate
Experian Offers Free VantageScore 4.0 to Mortgage Lenders
“Experian is dedicated to fostering a more competitive mortgage landscape,” said CEO Brian Cassin. Continue Reading Experian Offers Free VantageScore 4.0 to Mortgage Lenders
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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.
Greystar in $1.4 Million Settlement for Unlawful Charges on Military Servicemembers
Greystar will pay triple damages to the servicemembers who paid the early termination charges. Continue Reading Greystar in $1.4 Million Settlement for Unlawful Charges on Military Servicemembers
Global Wellness Real Estate Market Predicted to Reach $941 Billion by 2030
High construction costs are seen as a challenge to this sector’s growth. Continue Reading Global Wellness Real Estate Market Predicted to Reach $941 Billion by 2030
Blackfin Real Estate Investors Acquires First Property in Georgia
Sage Creek Apartments was built in 2016 and encompasses one- and two-bedroom apartments ranging from 812 to 1,076 square feet. Continue Reading Blackfin Real Estate Investors Acquires First Property in Georgia
Brigil Previews Proposed $1.3 Billion Quebec Urban Hub
Espace Canevas will be based at the site of the former Village Cartier shopping center. Continue Reading Brigil Previews Proposed $1.3 Billion Quebec Urban Hub
A Phil Hall Op-Ed: Did the Real Estate Industry Help a Socialist Running for NYC Mayor?
Real estate corporations and executives invested heavily in Andrew Cuomo’s mayoral campaign, creating a backlash with New York City voters. Continue Reading A Phil Hall Op-Ed: Did the Real Estate Industry Help a Socialist Running for NYC Mayor?
HUD to Move HQ to Virginia, Displacing National Science Foundation
HUD Secretary Scott Turner has been highly critical of HUD’s longtime headquarters at the Robert C. Weaver Federal Building. Continue Reading HUD to Move HQ to Virginia, Displacing National Science Foundation
FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
No deadline was set, but Pulte asked that the directive “should be implemented as soon as reasonably practical.” Continue Reading FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
Al Sharpton Recruited to Encourage Low-Income Investors for Times Square Casino Project
“A New York casino belongs in Times Square, and it should be designed to benefit all New Yorkers,” said Sharpton. Continue Reading Al Sharpton Recruited to Encourage Low-Income Investors for Times Square Casino Project
Ouch! New Home Sales Down by 13.7%
The median sales price of new houses sold in May was $426,600, a 3.7% uptick from the April price of $411,400. Continue Reading Ouch! New Home Sales Down by 13.7%
$110 Million Los Angeles Estate is May’s Most Expensive Home Sale
The most expensive current listing is 1960 S. Ocean Blvd, Manalapan, Florida 33462 at $285 million. Continue Reading $110 Million Los Angeles Estate is May’s Most Expensive Home Sale
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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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