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NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Ken Yiu faces up to 30 years in prison and a maximum fine of $1 million for the mortgage fraud count and 20 years in prison and a maximum fine of $500,000 for the drug count. Continue Reading NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Ken Yiu faces up to 30 years in prison and a maximum fine of $1 million for the mortgage fraud count and 20 years in prison and a maximum fine of $500,000 for the drug count. Continue Reading NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Share of First-Time Homebuyers at Record Low
The percentage of first-time home buyers has reached a record low while the typical age of first-time buyers hit a 40-year high, according to the 2025 Profile of Home Buyers and Sellers report published by the National Association of Realtors (NAR). For the...
HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Housing and Urban Development Secretary Scott Turner called on Senate Democrats to put “principle over politics” and vote to reopen the federal government. In a posting on X, Turner wrote, “Our colleagues on the Left have forgotten why they were sent to Washington,...
Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
Advanced Real Estate has acquired The Cove at West Covina, a 138-unit Southern California apartment community, for $41 million. Formerly known as Langdon Park, the gated property offers a mix of units ranging from studio to three-bedroom configurations. The property's...
NEWS & CURRENT EVENTS
FHFA Seeks Input on Strategic Plan for FY 2026-2030
Public input can be submitted through the agency’s website by Nov. 5. Continue Reading FHFA Seeks Input on Strategic Plan for FY 2026-2030
Who Wants to Buy a Haunted House? You Might Be Surprised!
Two-thirds of survey respondents believe it is the government’s job to require sales disclosures that house is haunted. Continue Reading Who Wants to Buy a Haunted House? You Might Be Surprised!
California Home Sales Rebounded in September
In September, California’s median home price fell 1.7% to $883,640, down from $899,130 in August. Continue Reading California Home Sales Rebounded in September
CVS Pharmacy Completes Acquisition of Rite Aid Assets
CVS is now operating 63 former Rite Aid and Bartell Drugs stores in Idaho, Oregon and Washington. Continue Reading CVS Pharmacy Completes Acquisition of Rite Aid Assets
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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.
Trump Administration Intervenes in Eminent Domain Case Over NJ Family-Owned Farm
Agriculture Secretary Rollins said that “the Biden-style government takeover of our family farms is over.” Continue Reading Trump Administration Intervenes in Eminent Domain Case Over NJ Family-Owned Farm
HUD Proposes Eliminating Green Housing Mandate
“At HUD, we’re mission-minded and focused on helping to put affordable housing within reach for hardworking Americans,” said Secretary Scott Turner. Continue Reading HUD Proposes Eliminating Green Housing Mandate
Migrant Processing Services Terminated at NYC’s Historic Roosevelt Hotel
The hotel is now completely vacant. Continue Reading Migrant Processing Services Terminated at NYC’s Historic Roosevelt Hotel
Refinancing Fuels Mild Uptick in Mortgage Application Activity
“The average loan size for purchase applications declined to $436,300, the lowest level since January 2025,” said MBA’s Joel Kan. Continue Reading Refinancing Fuels Mild Uptick in Mortgage Application Activity
Rocket Mortgage to Offer Bridge Loans for Homeowners
“With this new flexibility, buyers can quickly and confidently secure their next home,” said Rocket’s Bill Banfield. Continue Reading Rocket Mortgage to Offer Bridge Loans for Homeowners
Apex Commercial Exchange Debuts Platform for Commercial Real Estate Auctions
“ACE is the product of more than a decade and billions of transactional dollars of industry expertise,” said CEO Kevin Lipson. Continue Reading Apex Commercial Exchange Debuts Platform for Commercial Real Estate Auctions
66-Unit Connecticut Multifamily Property Sells for $20.7 Million
The sale of Putnam Green, which was built in 1976, is the largest multifamily transaction in Greenwich since 2012. Continue Reading 66-Unit Connecticut Multifamily Property Sells for $20.7 Million
Vice President Vance Questions Why Powell is Avoiding Rate Cuts
“I’d love to hear an argument for why Powell cut rates 50 points right before an election but can’t do it now with inflation lower,” Vance said. Continue Reading Vice President Vance Questions Why Powell is Avoiding Rate Cuts
DC-Area Real Estate Agents Report DOGE Impacts on Home Selling
The median home price in the DC region was up 3.1% compared to a year ago, hitting a new record high of $659,950. Continue Reading DC-Area Real Estate Agents Report DOGE Impacts on Home Selling
The Best- and Worst-Run Cities of 2025 Are…
WalletHub cited Provo’s 5.2% business growth rate, low violent crime and property crime rates, and a median household income growing at nearly 8.4%. Continue Reading The Best- and Worst-Run Cities of 2025 Are…
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