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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...
California Home Flipper Indicted for Defrauding Lenders Over Six Years
A California man who flipped properties for a living was indicted for defrauding lenders over a six-year span. According to the indictment, Steven Taylor of Brentwood used fake bank statements and false cash representations to obtain loans and lines of credit to...
Lennar Begins Sales at New Community in Texas
The homebuilder Lennar Corp. (NYSE: LEN) has begun sales at River Bridge Ranch, a new community in San Marcos, Texas. The development encompasses 28 single-family homes featuring one- and two-story open concept floorplans. Homes range from 1,200 to 2,780 square feet,...
Bank Regulators Drop Climate-Risk Principles
The Federal Deposit Insurance Corporation and the Federal Reserve Board withdrawn their interagency principles for climate-related financial risk management for large financial institutions. This policy was issued jointly in October 2023 as part of the Biden...
NEWS & CURRENT EVENTS
Mortgage Delinquency Rate Up During August
An anomaly in the August calendar might have played a role in the month’s delinquency data. Continue Reading Mortgage Delinquency Rate Up During August
Northeast Florida Brokerage First Coast Joins Christie’s International Real Estate
The 130-plus agent firm, which was formerly branded under Engel & Völkers, was established in 2018 by Corey Hasting Continue Reading Northeast Florida Brokerage First Coast Joins Christie’s International Real Estate
Polish Hotelier Offers Free Party for Couples Who Conceive While Staying at His Hotels
Wladyslaw Grochowski pointed to Poland’s low birth rate as a primary inspiration for his unlikely benevolence. Continue Reading Polish Hotelier Offers Free Party for Couples Who Conceive While Staying at His Hotels
New Home Sales Surge by 20.5%
The median sales price of new houses sold last month was $413,500. Continue Reading New Home Sales Surge by 20.5%
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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.
Purple Pepe Memecoin Gains First Acceptance as Real Estate Payment
Real estate developer Daniel Westermier is now accepting PURPE as payment for a commercial property in Sedalia, Missouri. Continue Reading Purple Pepe Memecoin Gains First Acceptance as Real Estate Payment
Report: Typical Home Sold in 2024 Was 36 Years Old
Only 9% of US homes were built in the 2010s. Continue Reading Report: Typical Home Sold in 2024 Was 36 Years Old
California Housing Affordability Level Improves Slightly
Compared with California, more than one-third (37%) of the nation’s households could afford to purchase a $402,300 median-priced home. Continue Reading California Housing Affordability Level Improves Slightly
Sharia-Compliant Real Estate Investment Fund to Focus on New Jersey Market
The fund was created by Apex Capital Group, a Princeton, New Jersey-based real estate investment firm. Continue Reading Sharia-Compliant Real Estate Investment Fund to Focus on New Jersey Market
Pope Leo XIV’s Chicago-Area Childhood Home Taken Off the Market
The Prevost family owned the property from 1949 to 1996. Continue Reading Pope Leo XIV’s Chicago-Area Childhood Home Taken Off the Market
Trump’s CFPB Director Pick Relocated to Treasury Position
Russ Vought, director of the Office of Management and Budget, will continue to serve as the CFPB’s acting director. Continue Reading Trump’s CFPB Director Pick Relocated to Treasury Position
California Man Pleads Guilty to Identity Theft in Foreclosure Relief Effort
Jonathan Martinez faces up to four years and four months in prison. Continue Reading California Man Pleads Guilty to Identity Theft in Foreclosure Relief Effort
KB Homes Debuts New Community in Seattle-Tacoma Market
Pricing at Enclave at White River begins from the $580,000s. Continue Reading KB Homes Debuts New Community in Seattle-Tacoma Market
Clear Capital Launches PropertyNova Data Solutions Business
The PropertyNova products will include Tax Assessment Data and Recorder Deed Data, a Data as a Service (DaaS) solution. Continue Reading Clear Capital Launches PropertyNova Data Solutions Business
Hits and Misses for the Real Estate Week of May 5-9
A mortgage fraud probe of Letitia James, a serious HR problem at the GSEs and the surprising site for Disney’s next theme park. Continue Reading Hits and Misses for the Real Estate Week of May 5-9
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