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Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
“So many of these properties, especially the vacant lots, just sit there for a while,” said Mayor Arunan Arulampalam. Continue Reading Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
“So many of these properties, especially the vacant lots, just sit there for a while,” said Mayor Arunan Arulampalam. Continue Reading Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
Illinois Home Sales Up 4.6% Year-Over-Year
A total of 11,375 homes, both single-family houses and condominiums, were sold in Illinois last month, a 4.6% rise from the 10,873 sold one year earlier. According to data from Illinois Realtors, 22,845 homes were available for sale statewide last month, down 2.9%...
Realtor.com to Debut FlyAround, Offering 360-Degree Views of Properties
Realtor.com is planning to offer its users FlyAround, a new feature that leverages 3D Maps from Google Maps Platform that provides a 360-degree view of property listings. According to the company, FlyAround enables users to see lot dimensions, topography, and how a...
Mortgage Rates Drop for Fourth Straight Week
Mortgage rates continued their downward slide in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.17% as of Oct. 30, down from last week when it averaged 6.19%. A year ago at this time, it FRM...
NEWS & CURRENT EVENTS
Leadership Shake-Up at Legacy Housing Corporation
Company co-founder and Chairman Kenny Shipley will serve as interim CEO. Continue Reading Leadership Shake-Up at Legacy Housing Corporation
Report: Apartment Rents Down Slightly in September
All regions posted month-over-month rent declines in September, most notably in the West with a -0.5% tumble. Continue Reading Report: Apartment Rents Down Slightly in September
The Slocum Home Team, a Rhode Island Brokerage, Joins eXp Realty’s Network
“The Slocum Home Team represents everything we believe in at eXp: legacy, excellence, and innovation,” said CEO Leo Pareja. Continue Reading The Slocum Home Team, a Rhode Island Brokerage, Joins eXp Realty’s Network
Good Earth Cafes Seeks to Acquire Former Starbucks Locations Across Canada
The company operates more than 50 locations across Canada. Continue Reading Good Earth Cafes Seeks to Acquire Former Starbucks Locations Across Canada
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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.
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
Trump Organization Expands Into Mobile Phone Sector
The mobile phone plan will start at $47.45 a month, a reference to Trump serving as the 45th and 47th president. Continue Reading Trump Organization Expands Into Mobile Phone Sector
Florida Realtors Education Foundation Allocates $233,000 in Scholarships
All recipients are Florida residents and will attend community colleges, four-year universities, graduate programs or law schools, both in state and out-of-state. Continue Reading Florida Realtors Education Foundation Allocates $233,000 in Scholarships
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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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