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New Venture Plans to Tokenize Manufactured Home Loans On-Chain
ETHZilla will acquire a 15% fully diluted ownership stake in Zippy for $5 million in cash and $14 million in shares of common stock. Continue Reading New Venture Plans to Tokenize Manufactured Home Loans On-Chain
New Venture Plans to Tokenize Manufactured Home Loans On-Chain
ETHZilla will acquire a 15% fully diluted ownership stake in Zippy for $5 million in cash and $14 million in shares of common stock. Continue Reading New Venture Plans to Tokenize Manufactured Home Loans On-Chain
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,...
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...
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.
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
Former loanDepot CEO Frank Martell Tapped to Run SmartRent
Martell replaces Shane Paladin, who stepped down in April – he had only served in the executive leadership role in January. Continue Reading Former loanDepot CEO Frank Martell Tapped to Run SmartRent
Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Redfin attributed the drop in down payment levels to a slightly higher share of homebuyers using FHA and VA loans, which require lower down payments. Continue Reading Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Lizzo acquired the 0.32-acre property from singer Harry Styles in 2022 for $15 million. Continue Reading Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Historic San Francisco Theater to be Renovated and Reopened
Ted Gerike, founder of the Los Angeles cinema and bookstore Now Instant Image Hall, was hired as the theater’s creative director. Continue Reading Historic San Francisco Theater to be Renovated and Reopened
HUD and Ginnie Mae in Housing Finance Deal with South Korea
The agreement is designed to identify and remove barriers to public and private capital flows into housing finance systems, with an emphasis on long-term, stable investment. Continue Reading HUD and Ginnie Mae in Housing Finance Deal with South Korea
Virginia Homebuilders Partner on New Mortgage Lending Joint Venture
According to the companies, M2B Mortgage was created to “provide a more personalized, streamlined, and reliable lending experience.” Continue Reading Virginia Homebuilders Partner on New Mortgage Lending Joint Venture
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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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