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15% of Home Purchase Agreements Canceled During October
San Antonio led the nation in canceled deals, with over one in five (21%) pending home sales falling through in October. Continue Reading 15% of Home Purchase Agreements Canceled During October
15% of Home Purchase Agreements Canceled During October
San Antonio led the nation in canceled deals, with over one in five (21%) pending home sales falling through in October. Continue Reading 15% of Home Purchase Agreements Canceled During October
Plymouth Industrial REIT Acquired by Joint Venture for $2.1 Billion
Plymouth Industrial REIT Inc. (NYSE: PLYM), a real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties, announced that it is being acquired by a joint venture of entities affiliated with...
Douglas Elliman in Rebranding Initiative After Selling Property Management Division
The luxury real estate firm Douglas Elliman (NYSE: DOUG) announced a strategic partnership with Watson, the New York City-based creative agency, for rebranding initiative designed to reanimate the company's identity. The rebranding initiative will encompass visual...
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...
NEWS & CURRENT EVENTS
California’s State-Run Property Insurance Program Proposes 36% Rate Hike
If approved, the new rates would take at customers’ next renewal date after April 1, 2026. Continue Reading California’s State-Run Property Insurance Program Proposes 36% Rate Hike
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
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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.
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
256-Unit Luxury Residential Tower to Rise Over Nairobi
Taher Saleh, managing director of SMB Properties, said, “Le Mirage Residences by CityBlue represents the pinnacle of luxury and architectural innovation in Kenya.” Continue Reading 256-Unit Luxury Residential Tower to Rise Over Nairobi
Premier Mortgage Resources Debuts Specialty Products Division
“The mortgage landscape is evolving, and so are the needs of our clients,” said Cory Swain, CEO. Continue Reading Premier Mortgage Resources Debuts Specialty Products Division
Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
His most recent effort to lure investor money came on April 25, when he used a Substack posting to solicit input from people seeking to improve their credit scores. Continue Reading Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
“Brokers who facilitate private marketplaces are likely to find themselves on the wrong side of history,” said Damian Eales. Continue Reading Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
New Jersey’s Historic Freehold Raceway is Sold, with Mixed-Use Development Planned
Racing has taken place at Freehold since the 1830s. while organized racing began in 1854 with an annual fair featuring harness racing. Continue Reading New Jersey’s Historic Freehold Raceway is Sold, with Mixed-Use Development Planned
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