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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...
Survey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
A new survey of American millennials found 58% of respondents feeling that their tight financial state is forcing them to choose between homeownership and retirement security. The Harris Poll survey from Nationwide Retirement Institute found more than one-third (35%)...
Groundbreaking for $36 Million Mixed-Use Development in South Carolina
The investment and development firm HIC Land and homebuilder D.R. Horton (NYSE: DHI) have broken ground on Carolina Station, a $36 million, 2,600-acre master-planned community at Hardeeville, South Carolina. The community, to be located along US Highway 278, will...
New 135-Unit Apartment Community Being Built in Twin Cities Metro Area
Trident Development has begun construction on Orchard Place Apartments, a new apartment community in Apple Valley, Minnesota, within the Twin Cities metro area. According to the company, the new development will feature 135 market rate apartments within one four-story...
NEWS & CURRENT EVENTS
Southern Nevada Real Estate Brokerages Announce Merger
The combined company will operate under the Signature name after Oct. 8. Continue Reading Southern Nevada Real Estate Brokerages Announce Merger
Flyhomes to Close Real Estate Brokerage, Focus on Wholesale Lending
The company announced it will transition its real estate agents to another brokerage platform. Continue Reading Flyhomes to Close Real Estate Brokerage, Focus on Wholesale Lending
Former Fed and Treasury Leaders File Amicus Brief Backing Lisa Cook
A bipartisan collection of former Federal Reserve chairpersons, Treasury Secretaries and White House economists have filed an amicus brief with the US Supreme Court asking that Lisa Cook remain as a Federal Reserve governor while she fights the White House's effort to...
New Soccer Stadium Planned for Reno
Reno Pro Soccer said it planned to enlist local input to create the club’s including team name, brand colors and crest. Continue Reading New Soccer Stadium Planned for Reno
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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.
Lennar Unveils Luxury Townhome Community in South Tampa
Pricing begins in the high $500,000s. Continue Reading Lennar Unveils Luxury Townhome Community in South Tampa
eXp Realty Expands Into Ecuador
The new office will be led by Kléver Guanoluisa Torres, who previously led the RE/MAX team in Ecuador. Continue Reading eXp Realty Expands Into Ecuador
Hits and Misses for the Real Estate Week of May 12-16
Canada’s unlikely new housing minister, two high profile property sales where the sellers took a big loss, and HUD’s commitment to Indian Country housing. Continue Reading Hits and Misses for the Real Estate Week of May 12-16
Kash Patel: FBI to Vacate DC Headquarters
The 11-story Brutalist-style building opened in 1975. Continue Reading Kash Patel: FBI to Vacate DC Headquarters
Scott Felder Homes Acquires Olivia Clarke Homes
The financial terms of the deal were not disclosed. Continue Reading Scott Felder Homes Acquires Olivia Clarke Homes
CBRE Forecasts Modest RevPAR Growth for US Hotels in 2025
Looking ahead, CBRE projects RevPAR growth in the range of 1.0% to 3.0% over the next few years. Continue Reading CBRE Forecasts Modest RevPAR Growth for US Hotels in 2025
Woodrow Wilson’s 19th Century New Jersey Home Listed for $6.5 Million
The home last changed hands in 2003 for $2.2 million. Continue Reading Woodrow Wilson’s 19th Century New Jersey Home Listed for $6.5 Million
Report: Little Change in Real Estate Agent Commissions Since NAR Settlement
For homes that sold for $1 million or more in the first quarter, Redfin found the average buyer’s agent commission was 2.17%. Continue Reading Report: Little Change in Real Estate Agent Commissions Since NAR Settlement
Single-Family Housing Starts Down 2.1%
Single-family housing completions in April were at a rate of 943,000, down 8% from the revised March rate of 1.02 million. Continue Reading Single-Family Housing Starts Down 2.1%
Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April
The April issuance encompassed $42.2 billion in total MBS, resulting in a net portfolio growth of $10.6 billion. Continue Reading Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April
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