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Texas Lt. Gov. Patrick at Odds with Gov. Abbott Over Property Tax Reform
Property tax reform is a key plank in Abbott’s 2026 re-election campaign. Continue Reading Texas Lt. Gov. Patrick at Odds with Gov. Abbott Over Property Tax Reform
Texas Lt. Gov. Patrick at Odds with Gov. Abbott Over Property Tax Reform
Property tax reform is a key plank in Abbott’s 2026 re-election campaign. Continue Reading Texas Lt. Gov. Patrick at Odds with Gov. Abbott Over Property Tax Reform
New White Paper Considers the Role of AI Tools in Luxury Real Estate Sales
Realm Global has published a new white paper on how luxury real estate professionals can transition into the new age of artificial intelligence (AI). Titled "Intelligent Luxury: How AI Is Redefining Trust, Taste, and Timeless Value," the paper is co-authored by Realm...
New Wave of Online Fraudsters Target Abu Dhabi Real Estate Market
One of the world’s hottest real estate markets is now becoming a hotbed for online real estate fraud schemes. Gulf News reports that the police department in Abu Dhabi, the capital of the United Arab Emirates, has issued a warning about a resurgence in fraudulent...
Luxury Home Sales Up 5% in September
The typical luxury home sold for $1.26 million in September, up 4.8% from one year earlier to set a new record high for the month. According to data from Redfin, the sales of luxury homes is occurring at more than twice the pace of price growth for non-luxury homes,...
NEWS & CURRENT EVENTS
Hits and Misses for the Real Estate Week of Oct. 6-10
An update on the cause of the Palisades Fire, Hunter Biden’s bizarre Romanian real estate deal, and a once-prominent pharmacy chain comes to an end. Continue Reading Hits and Misses for the Real Estate Week of Oct. 6-10
Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
The median sold price in the Bright MLS Mid-Atlantic region was $419,900 Continue Reading Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
Study: 20% of California Residents Worried About Covering Housing Costs
The survey found 15.6% of adults taking on an additional job or more work at their current job to cover their housing costs. Continue Reading Study: 20% of California Residents Worried About Covering Housing Costs
Q3 Foreclosure Filings Up 17% Year-Over-Year
One in every 1,402 housing units had a foreclosure filing in the third quarter. Continue Reading Q3 Foreclosure Filings Up 17% Year-Over-Year
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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.
Mortgage Application Activity Down by 2.6%
The refinance share of mortgage activity increased to 37.3% of total applications from 36.7% in the previous week. Continue Reading Mortgage Application Activity Down by 2.6%
Home Flipping Profits Down in Q1
The typical investor paid $260,000 for a home they flipped in the first quarter and sold the property for $325,000. Continue Reading Home Flipping Profits Down in Q1
Costco to Open First Standalone Gas Station
The new station will be based in the Los Angeles suburb of Mission Viejo. Continue Reading Costco to Open First Standalone Gas Station
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
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