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Hits and Misses for the Real Estate Week of Nov. 24-28
Thought leaders saying the right thing, revenge seekers doing the wrong thing, and a new movie and book worth pursuing. Continue Reading Hits and Misses for the Real Estate Week of Nov. 24-28
Hits and Misses for the Real Estate Week of Nov. 24-28
Thought leaders saying the right thing, revenge seekers doing the wrong thing, and a new movie and book worth pursuing. Continue Reading Hits and Misses for the Real Estate Week of Nov. 24-28
Virginia Home Sales Up 9% in September
A total of 8,783 homes were sold in Virginia during September, up by 8.9% from one year ago, while a total of 8,662 pending sales were recorded, 6.7% more than in the prior year. According to data from Virginia Realtors, there were 24,759 active listings on the market...
20% Property Tax Hike Proposed for Utah’s Salt Lake County
Salt Lake County Mayor Jenny Wilson is proposing a nearly 20% property tax increase for 2026, the first hike since 2019. KSL.com reports Wilson said the increase is needed to meet rising costs and maintain the county’s bond rating. She noted that inflation since the...
Wells Fargo Opens New 22-Acre Texas Campus
Wells Fargo & Co. (NYSE: WFC) has opened its newest campus in the Dallas-area suburb of Irving, Texas. The 22-acre, $570 million campus accommodates 4,500 employees in new buildings equipped with solar power, smart irrigation systems, and dynamic glass that...
NEWS & CURRENT EVENTS
Ground Broken for New 10,000-Seat Arena in Reno
The $435 million GSR Arena will span 300,000 square feet and seat up to 10,000 guests. Continue Reading Ground Broken for New 10,000-Seat Arena in Reno
Mortgage Rates Rise for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.34% as of Oct. 2. Continue Reading Mortgage Rates Rise for Second Straight Week
Report: One in Five Homes Had Price Reductions in September
Properties at the lower- and mid-tier and the South were the most likely to have lowered prices while luxury home prices remained steady. Continue Reading Report: One in Five Homes Had Price Reductions in September
CMBS Delinquency Rate Falls After 6 Months of Increases
Year-over-year, the overall CMBS delinquency rate is up 153 basis points from 5.70% Continue Reading CMBS Delinquency Rate Falls After 6 Months of Increases
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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.
Fairway Independent Mortgage Acquires Hallmark Home Mortgage
The acquired company will become Hallmark Home Mortgage, Powered by Fairway. Continue Reading Fairway Independent Mortgage Acquires Hallmark Home Mortgage
New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
“Clearly, our taxpayers are telling us across Ohio that the current status quo is not working,” said Rep. David Thomas. Continue Reading New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA
Louis Belletieri is scheduled to be sentenced on Sept. 12 and faces a maximum possible sentence of 40 years’ imprisonment. Continue Reading Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA
Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
“That is a Pandora’s box the court refuses to open,” said US District Judge Franklin Valderrama. Continue Reading Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
Office-to-Residential Conversion Begins on DC Property
The eight-story, 536,000-square-foot office building opened in 1992 and will become an 11-story, 658,000-square-foot modern apartment building. Continue Reading Office-to-Residential Conversion Begins on DC Property
265-Unit Seattle Multifamily Community is Acquired for $173 Million
The 16-story Danforth was constructed in 2018 at the intersection of Seattle’s First Hill and Capitol Hill neighborhoods. Continue Reading 265-Unit Seattle Multifamily Community is Acquired for $173 Million
Report: Australia’s Commercial Property Market to Reach $78.5 Billion by 2033
Foreign investment in Australia’s office, retail, and industrial markets topped $7 billion during the fourth quarter of 2024. Continue Reading Report: Australia’s Commercial Property Market to Reach $78.5 Billion by 2033
Report: Denver Broncos Buying Industrial Parcels for Possible New Stadium
The Broncos have been based at Empower Field at Mile High since 2001. Continue Reading Report: Denver Broncos Buying Industrial Parcels for Possible New Stadium
Housing Report Finds Most At-Risk Counties in California and New Jersey
More than half (27) of the 50 least at-risk counties in the analysis were in Southern states. Continue Reading Housing Report Finds Most At-Risk Counties in California and New Jersey
HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.
HomeXpress will operate as a subsidiary of Chimera under the continuing leadership of President and CEO Kyle Walker. Continue Reading HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.
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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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