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$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
eXp Realty Launches Division Aimed at Sports and Entertainment Clients
eXp Realty, the subsidiary of eXp World Holdings, Inc. (NASDAQ: EXPI), has launched a new division that will train and support agents working with clients in the professional sports and entertainment industries. The new eXp Sports & Entertainment will be part of...
A Phil Hall Op-Ed: Bill Pulte’s Curious Benevolence
A Phil Hall Op-Ed: Earlier this morning, the Federal Housing Finance Agency (FHFA) sent out a brief press statement with the headline: “US Federal Housing Announces Director Pulte Will Donate 100% of His Salary to Wounded Veterans.” The press statement began with this...
Mountain Lakes Board of Realtors Joins Hive MLS
The Mountain Lakes Board of Realtors (MLBOR), which encompasses three states, has joined the Hive MLS wholesale cooperative. MLBOR serves nearly 330 realtors, appraisers, and affiliate business members across Cherokee, Clay, Graham, Macon, and Swain counties in North...
NEWS & CURRENT EVENTS
New Data Reports Point to Further Slowing in Home Price Acceleration
FHFA Director Bill Pulte offered no remarks on his agency’s latest data report. Continue Reading New Data Reports Point to Further Slowing in Home Price Acceleration
CoStar Group Accuses Zillow of Ongoing Copyright Infringement Despite Lawsuit on Using Watermarked Photographs
“Despite being caught red-handed blatantly stealing our copyrighted work, Zillow has double downed to exploit thousands of additional copyrighted images without any shame,” said CoStar founder and CEO Andy Florance. Continue Reading CoStar Group Accuses Zillow of Ongoing Copyright Infringement Despite Lawsuit on Using Watermarked Photographs
Pending Home Sales on the Rise During August
Regionally, pending sales rose month-over-month in the Midwest, South, and West but declined in the Northeast. Continue Reading Pending Home Sales on the Rise During August
Century Communities Unveils New Florida Community
Pricing starts from the $300,000s. Continue Reading Century Communities Unveils New Florida Community
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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.
Iowa’s Gov. Reynolds to Focus on Property Tax Reform Over Income Tax Elimination
“That is what we hear about all the time,” Reynolds said. Continue Reading Iowa’s Gov. Reynolds to Focus on Property Tax Reform Over Income Tax Elimination
Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Construction is expected to start in the third quarter of this year, with the first phase anticipated to be completed in 2027. Continue Reading Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Report: Anywhere Real Estate Makes Bid to Acquire Douglas Elliman
Neither company has publicly commented on the report. Continue Reading Report: Anywhere Real Estate Makes Bid to Acquire Douglas Elliman
British Columbia Realtor Fined for Loan to Clients to Buy Property He Was Selling
Pardeep Singh Sandhu loaned $55,000 to prospective buyers to help them secure a mortgage for a residence in Abbotsford. Continue Reading British Columbia Realtor Fined for Loan to Clients to Buy Property He Was Selling
Hits and Misses for the Real Estate Week of May 19-23
An unholy misuse of eminent domain, a ritzy Los Angeles mansion with a significant stigma, and a Maine broker running for governor. Continue Reading Hits and Misses for the Real Estate Week of May 19-23
New Home Sales Surged in April
The median sales price of new houses sold in April was $407,200. Continue Reading New Home Sales Surged in April
RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
The RE/MAX network has a presence in over 110 countries and territories. Continue Reading RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
Housing Inventory Up 30.6%, a New Post-Pandemic High
A greater choice of homes for sale did not translate into a surge in homebuying. Continue Reading Housing Inventory Up 30.6%, a New Post-Pandemic High
Illinois Home Sales Decline While Housing Inventory Grows
For the nine-county Chicago metro area, a total of 7,857 homes were sold last month, down 4.2% from April 2024. Continue Reading Illinois Home Sales Decline While Housing Inventory Grows
Alabama Home Sales Dropped in April
The median sales price of $224,967 marked a 2.2% monthly decrease ($5,033) and an annual increase of 13.3% from the $198,486 price recorded one year earlier. Continue Reading Alabama Home Sales Dropped in April
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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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