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$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
Steve Francis Named Charlotte Division President at Tri Pointe Homes
The homebuilder Tri Pointe Homes (NYSE: TPH) has appointed Steve Francis as division president of its Charlotte, North Carolina division. In this role, Francis will oversee all aspects of the division’s operations, sales, land acquisition, and community development...
Report: Prosecutor Warns Mortgage Fraud Case Against Sen. Schiff Lacks Viable Evidence
A news report is claiming the Trump administration’s attempt to bring a mortgage fraud indictment against one of its most vocal critics, Sen. Adam Schiff (D-CA), has stalled due to a perceived lack of viable evidence needed to bring the case to trial. MSNBC, sourcing...
NJ Governor Intervenes to Stop Eminent Domain Seizure of 175-Year-Old Family Farm
A 175-year-old family-owned farm in Cranbury, New Jersey, that was threatened with eminent domain seizure by township officials eager to use the land for affordable housing was spared from takeover after Gov. Phil Murphy intervened in the case. In a statement, the...
NEWS & CURRENT EVENTS
Second Prosecutor Balks at Trump Pressure to Indict Letitia James for Mortgage Fraud
Elizabeth Yusi has been with the Department of Justice for 18 years and has been a US Assistant Attorney for the last 10 years. Continue Reading Second Prosecutor Balks at Trump Pressure to Indict Letitia James for Mortgage Fraud
The Best and Worst Cities for Driving Are…
In 100th place was Philadelphia – obviously, the City of Brotherly Love doesn’t spread its love to the roads and highways. Continue Reading The Best and Worst Cities for Driving Are…
Clarion Partners Expands into Senior Housing Sector
The financial aspects of the deal were not disclosed. Continue Reading Clarion Partners Expands into Senior Housing Sector
Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium
The Bears initially insisted they would pay for the stadium itself, with team president Kevin Warren claiming the new stadium would “require zero state money for construction.” Continue Reading Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Hilton and Marriott Expand Their Hotel Portfolios Across Africa
“We are witnessing a transformation of Africa’s tourism sector,” said Marriott’s Jerome Briet. Continue Reading Hilton and Marriott Expand Their Hotel Portfolios Across Africa
RE/MAX: Home Sales Up for Fourth Consecutive Month
The median sales price also increased year-over-year for the 23rd straight month to reach $442,000. Continue Reading RE/MAX: Home Sales Up for Fourth Consecutive Month
Bing Crosby’s Northern California Estate Sells at Discounted $25 Million
The French chateau-style residence in Silicon Valley enclave of Hillsborough was built in 1929. Continue Reading Bing Crosby’s Northern California Estate Sells at Discounted $25 Million
Manhattan’s Rental Market Breaks New Price Record
Among property types, studio apartments in Manhattan recorded the greatest rent increase with a 9.5% year-over-year surge to an average of $3,400. Continue Reading Manhattan’s Rental Market Breaks New Price Record
25,000 SF Retail Plaza in Pennsylvania Sells for $12 Million
The property is occupied by a Wawa convenience store and gas station and a Tractor Supply center. Continue Reading 25,000 SF Retail Plaza in Pennsylvania Sells for $12 Million
Builder Confidence Sinks to Lowest Level Since December 2022
“Buyers are increasingly moving to the sidelines due to elevated mortgage rates and tariff and economic uncertainty,” said NAHB Chairman Buddy Hughes. Continue Reading Builder Confidence Sinks to Lowest Level Since December 2022
Mortgage Applications for New Home Purchases Down in May
The average loan size for new homes increased from $376,992 in April to $379,209 in May. Continue Reading Mortgage Applications for New Home Purchases Down in May
Canadian Housing Starts Mostly Flat in May
Montreal posted an 11% year-over-year increase in actual housing starts compared to May 2024, driven by more multi-unit starts. Continue Reading Canadian Housing Starts Mostly Flat in May
Baton Rouge Realtor Sentenced for Indecent Behavior with Juveniles
Devin Triche ran the Triche Team and partnered with Keller Williams Realty in Baton Rouge. Continue Reading Baton Rouge Realtor Sentenced for Indecent Behavior with Juveniles
Real Estate Investor Sentenced to Probation for Role in $165 Million Mortgage Fraud
Drillman pleaded guilty in December 2023 to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Sentenced to Probation for Role in $165 Million Mortgage Fraud
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