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Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
Report: 15% of Home Purchase Agreements Canceled in September
Roughly 53,000 home purchase agreements were canceled in September, according to a data report from Redfin. The level of cancelations equals 15% of homes that went under contract last month, up from 13.6% in September 2024. Florida and Texas led the nation with...
Mortgage Application Activity Declines for Fourth Straight Week
Mortgage application activity slowed for the fourth consecutive week, according to data from the Mortgage Bankers Association (MBA) measuring the week ending Oct. 17. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.3% on...
REcore Solutions Sues Homes.com and CoStar Group Over Unpaid Licensing Fees
REcore Solutions LLC, a licensing services vendor working with multiple listing services and an offshoot of the California Regional Multiple Listing Service Inc. (CRMLS), announced that it filed a lawsuit against Homes.com and its parent company, CoStar Group Inc....
NEWS & CURRENT EVENTS
Dar Global to Launch $1 Billion Development in Saudi Arabia with The Trump Organization
This is the second Trump-branded development in Saudi Arabia. Continue Reading Dar Global to Launch $1 Billion Development in Saudi Arabia with The Trump Organization
Brennan Investment Acquires 16-Building Industrial Portfolio in Houston
The buildings were built between 1999 and 2018, ranging in size from 11,000 to 450,000 square feet, and are designed for manufacturing operations. Continue Reading Brennan Investment Acquires 16-Building Industrial Portfolio in Houston
Trump Posts Meme Showing Him Firing Jerome Powell
The post had no text accompaniment and the White House offered no explanation on whether this a harbinger of things to come or another example of Trump trolling Powell. Continue Reading Trump Posts Meme Showing Him Firing Jerome Powell
The Agency Opens Fifth Texas Office
The Agency Rockwall will be led by Managing Partners Heather Stevens and Vanessa Griffin. Continue Reading The Agency Opens Fifth Texas Office
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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.
Yearlong Listing for Frank Lloyd Wright House in Michigan Finally Sells After $1 Million Price Cut
The sellers acquired the property in 2012 for $200,000 and spent $800,000 in renovations and updates to the residence, which was built in 1950. Continue Reading Yearlong Listing for Frank Lloyd Wright House in Michigan Finally Sells After $1 Million Price Cut
Dick’s Sporting Goods Acquires Foot Locker for $2.4 Billion
The acquisition announcement was not accompanied by news of potential store closings. Continue Reading Dick’s Sporting Goods Acquires Foot Locker for $2.4 Billion
Study: Abandoned Residential Properties Could be Worth Over $150 Billion
The so-called “zombie foreclosures” numbered over 7,000 as of the end of the fourth quarter of 2024. Continue Reading Study: Abandoned Residential Properties Could be Worth Over $150 Billion
Construction Begins on 42-Unit Boston Affordable Housing Community
Talbot Commons II will be the second phase of the larger Talbot Commons project, which broke ground in 2020. Continue Reading Construction Begins on 42-Unit Boston Affordable Housing Community
Bank of America to Open 150 New Financial Centers
The bank opened a new flagship financial center at 2 Bryant Park in New York City. Continue Reading Bank of America to Open 150 New Financial Centers
Grassroots Movement Seeks to Abolish Ohio’s Property Taxes
Gov. Mike DeWine opposes this initiative. Continue Reading Grassroots Movement Seeks to Abolish Ohio’s Property Taxes
Mortgage Application Activity and Delinquencies Are Rising
The refinance share of mortgage activity decreased to 36.4% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity and Delinquencies Are Rising
California Approves 17% Rate Hike by State Farm
The rate increase is lower than the insurer’s request for a 21.8% hike. Continue Reading California Approves 17% Rate Hike by State Farm
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
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