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Japan to Create National Database Tracking Foreign Ownership of Real Estate
The new database comes in the wake of growing public concerns over increasing foreign acquisitions of Japanese land and water sources. Continue Reading Japan to Create National Database Tracking Foreign Ownership of Real Estate
Japan to Create National Database Tracking Foreign Ownership of Real Estate
The new database comes in the wake of growing public concerns over increasing foreign acquisitions of Japanese land and water sources. Continue Reading Japan to Create National Database Tracking Foreign Ownership of Real Estate
Q3 Home Sales Profits Near 50% Margin
Homeowners, on average, made a 49.9% profit selling single-family homes and condos during the third quarter, up from a 49.3% profit margin in the previous quarter but down from the 55.4% average profit in the third quarter of 2024. The profit margin is the percent...
NYC Median Rent Up 5.4% from Last Year
The median asking rent in New York City reached $3,599 during the third quarter, up 5.4% from one year ago, according to the latest NYC Rent Report from Realtor.com. The current median rent for the city’s residents is now 20.2% higher than it was prior to the...
Canadian Home Sales at 4-Year High for the Month of September
Home sales across Canada were down by 1.7% month-over-month during September, marking the first decline six months. However, activity was also 5.2% above September 2024 and, last month was the best September for sales since 2021. According to data from the Canadian...
NEWS & CURRENT EVENTS
Virginia Home Sales Hold Steady Amid Surge in New Listings
The statewide median sales price reached $430,000, a 3.6% increase from August 2024. Continue Reading Virginia Home Sales Hold Steady Amid Surge in New Listings
Forecast Warns of 10% Spike in Electric Heating Costs This Winter
NEADA is also predicting higher natural gas costs, with the average household gas bill increasing from $639 to $693. Continue Reading Forecast Warns of 10% Spike in Electric Heating Costs This Winter
Florida Records Surge in Pending Home Sales
The statewide median sales price for single-family existing homes in August was $410,000, down 0.4% year-over-year. Continue Reading Florida Records Surge in Pending Home Sales
California Man Sentenced for Belize-Based Real Estate Scam
Andris Pukke was convicted of wire fraud and obstruction of justice on July 10. Continue Reading California Man Sentenced for Belize-Based Real Estate Scam
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
New Senate Bill Seeks to Coordinate HUD-USDA-VA Housing Policies
Sens. Dave McCormick (R-PA) and Ruben Gallego (D-AZ) put forth the HUD-USDA-VA Interagency Coordination Act. Continue Reading New Senate Bill Seeks to Coordinate HUD-USDA-VA Housing Policies
Modular Housing Provider Boxabl Expands Into Colorado
The Las Vegas-headquartered Boxabl will begin the process to obtain modular certification in Colorado. Continue Reading Modular Housing Provider Boxabl Expands Into Colorado
Ex-Vancouver Mayor Tapped as Canada’s New Housing Minister
Vancouver housing prices soared 179% while Gregor Robertson was mayor. Continue Reading Ex-Vancouver Mayor Tapped as Canada’s New Housing Minister
A Phil Hall Op-Ed: The New Wave of Taxpayer-Funded Stadiums
Editor Phil Hall questions if taxpayers should be financing new privately-owned stadium projects. Continue Reading A Phil Hall Op-Ed: The New Wave of Taxpayer-Funded Stadiums
Mortgage Lender Lower Acquires Real Estate Portal Movoto
The Austin-based Movoto bills itself as the largest privately-owned residential real estate search website. Continue Reading Mortgage Lender Lower Acquires Real Estate Portal Movoto
Indiana Home Sales Up 12%
Homes sold for a statewide median price of $263,000 in April, up 5% year-over-year. Continue Reading Indiana Home Sales Up 12%
Shake Shack Expands Into Central America, Opening 12 Eateries in Panama
“Bringing Shake Shack to Central America marks a major milestone as we continue to grow globally,” said Michael Kark, president of global licensing. Continue Reading Shake Shack Expands Into Central America, Opening 12 Eateries in Panama
PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio
The portfolio is currently 99.7% leased to a roster of 26 tenants. Continue Reading PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio
The Cheapest Metro Area for Buying a Home Is…
The Rust Belt and the South dominate the top 10 list. Continue Reading The Cheapest Metro Area for Buying a Home Is…
Homelessness Advocacy Groups Blast Newsom in Blaming Cities for Encampments
“There’s nothing compassionate about letting people die on the streets,” said Newsom in a statement. Continue Reading Homelessness Advocacy Groups Blast Newsom in Blaming Cities for Encampments
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