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Foreclosure Activity Up Annually for Ninth Straight Month
Nationwide, one in every 3,992 housing units had a foreclosure filing in November. Continue Reading Foreclosure Activity Up Annually for Ninth Straight Month
Foreclosure Activity Up Annually for Ninth Straight Month
Nationwide, one in every 3,992 housing units had a foreclosure filing in November. Continue Reading Foreclosure Activity Up Annually for Ninth Straight Month
Maine Home Sales Rise as Prices Ease
A total of 1,582 single-family existing homes were sold during September in Maine, a 5.12% increase from the 1,505 transactions that occurred one year earlier. According to data from the Maine Association of Realtors, the median sales price during September was...
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
An $8 billion Vantage data center planned for Port Washington, Wisconsin, could enjoy more than $450 million in local property tax breaks plus an exemption from state sales taxes. The Center Square reports the proposed facility is estimated to be valued at over $2.1...
Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
Do you recall the TV sitcom “The Jeffersons” with a family that was “moving on up to a deluxe apartment in the sky”? Well, the Saudi Arabian organizers of the 2034 World Cup are going one better – they’re moving on up to a deluxe soccer stadium in the sky. AS USA...
NEWS & CURRENT EVENTS
Report: 72% More Condo Sellers Than Buyers
This marked the fifth straight month in which there have been at least 70% more condo sellers than buyers. Continue Reading Report: 72% More Condo Sellers Than Buyers
Massachusetts Real Estate Broker Indicted on Embezzlement Charges
Stephen D. Webster admitted in court that the charges brought against him were “basically accurate.” Continue Reading Massachusetts Real Estate Broker Indicted on Embezzlement Charges
Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio
The convenience stores in this portfolio have an average of more than 8,000 square feet. Continue Reading Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio
Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes
Paxton contacted officials in La Marque, Odessa, Tom Bean and Whitesboro. Continue Reading Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes
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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.
US Housing Market Has Nearly $700 Billion in Listings, a Record High
This new record was achieved as the US housing supply soared 16.7% year-over-year to a five-year high. Continue Reading US Housing Market Has Nearly $700 Billion in Listings, a Record High
Realty One Group International Expands Into the Dominican Republic
This is the 27th country where the company has a presence. Continue Reading Realty One Group International Expands Into the Dominican Republic
6-Unit Connecticut Multifamily Property Sells for $2 Million
Company president Matt Cawley represented the seller and procured the buyer, a local real estate investor in the transaction. Continue Reading 6-Unit Connecticut Multifamily Property Sells for $2 Million
Egypt Unveils Plans for New City
Egyptian Prime Minister Moustafa Madbouli declared the project to be “an urban and development revolution” that will create 250,000 jobs. Continue Reading Egypt Unveils Plans for New City
Hits and Misses for the Real Estate Week of May 26-30
This week’s Hits and Misses include Gov. Ron DeSantis and Kim Reynolds, former Vice President Kamala Harris, and NAR’s newest executives. Continue Reading Hits and Misses for the Real Estate Week of May 26-30
CMBS Delinquency Rate Up by 5 Basis Points in May
The overall CMBS delinquent balance this month was $42.6 billion, up from $41.9 billion in April. Continue Reading CMBS Delinquency Rate Up by 5 Basis Points in May
Report: New Apartments Sitting Vacant for Months
Nearly 125,000 new apartments were completed in the fourth quarter, the second highest number on record. Continue Reading Report: New Apartments Sitting Vacant for Months
King Charles Makes Royal Property Available as Short-Term Rental
The refurbished property has a naughty history as the love-nest of Edward VII, the monarch’s great-great-grandfather, and his actress lover Lillie Langtry. Continue Reading King Charles Makes Royal Property Available as Short-Term Rental
Hyatt Launches New Upscale Hotel Brand
According to the company, the new brand is “designed for travelers who value the essentials and prefer spontaneity over structure.” Continue Reading Hyatt Launches New Upscale Hotel Brand
Ohio Bill Would Cut Seniors’ Property Taxes by 50%, Regardless of Income
Property tax has become a hot-button issue in Ohio. Continue Reading Ohio Bill Would Cut Seniors’ Property Taxes by 50%, Regardless of Income
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