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New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
Messaging Feature Added to Zillow App
Zillow (NASDAQ: Z, ZG) has introduced a messaging feature to its app that enables buyers and their co-shoppers to chat, share listings and stay coordinated. According to the company, each listing conversation is organized in a single thread, reducing the need for...
New York State Launches Housing Accelerator Fund
New York Gov. Kathy Hochul has unveiled the Housing Acceleration Fund, a $215 million program designed to speed up construction of shovel-ready mixed-income residential projects across her state. The new fund will be administered by New York State Homes and Community...
Joint Venture Acquires Sotherly Hotels REIT
The real estate investment trust Sotherly Hotels Inc. (NASDAQ: SOHO) announced that KW Kingfisher, a joint venture involving affiliates of Kemmons Wilson Hospitality Partners LP (KHWP) and Ascendant Capital Partners LP, will acquire all outstanding shares of Sotherly...
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.
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.
Mortgage Rates Remain Mostly Flat
The 30-year fixed-rate mortgage averaged 6.84% as of June 12. Continue Reading Mortgage Rates Remain Mostly Flat
Report: 28% of Homes Now Selling Above Asking Price
At the same time, new listings are up 5.2% year-over-year. Continue Reading Report: 28% of Homes Now Selling Above Asking Price
California Commercial Real Estate Broker Pleads Guilty to Obstructing the IRS
Gabriel David Guerrero is free on $50,000 bond and is scheduled for a Sept. 15 sentencing hearing. Continue Reading California Commercial Real Estate Broker Pleads Guilty to Obstructing the IRS
Missouri Lawmakers Pass Bill to Keep Royals and Chiefs in Kansas City
The teams’ current stadium leases expire in 2031. Continue Reading Missouri Lawmakers Pass Bill to Keep Royals and Chiefs in Kansas City
La Rosa Holdings Teams with MiiX Financial Holdings on Credit-Free Home Financing Program
CEO Joe La Rosa said the alliance “will represent a major step forward in our mission to redefine the real estate experience for our agents and clients.” Continue Reading La Rosa Holdings Teams with MiiX Financial Holdings on Credit-Free Home Financing Program
National Hispanic Construction Alliance Introduces Inaugural Board of Directors
The association identified its mission with five pillars: capacity building, access to capital, community empowerment, advocacy, and networking. Continue Reading National Hispanic Construction Alliance Introduces Inaugural Board of Directors
Belwood Investments Offers Fractional Real Estate Investment in Palm Springs
Belwood Investments said it was raising $250,000 from investors to complete the renovations, with an estimated ROI of 45%. Continue Reading Belwood Investments Offers Fractional Real Estate Investment in Palm Springs
Bethenny Frankel Sells Connecticut Estate for $7.83 Million
The estate, known as Applejack Farm, was originally built in 1743 and was once the home for Connecticut’s governor Lowell Weicker. Continue Reading Bethenny Frankel Sells Connecticut Estate for $7.83 Million
ALTA Taps Chris Morton as New CEO
He succeeds Diane Tomb, who stepped down after serving six years in the leadership role. Continue Reading ALTA Taps Chris Morton as New CEO
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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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