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Newmark Grows Global Presence in Korea and Middle East
The new South Korean office is based in the capital city of Seoul and will be led by John Pritchard serving as managing director and country head. Continue Reading Newmark Grows Global Presence in Korea and Middle East
Newmark Grows Global Presence in Korea and Middle East
The new South Korean office is based in the capital city of Seoul and will be led by John Pritchard serving as managing director and country head. Continue Reading Newmark Grows Global Presence in Korea and Middle East
Boston City Council Votes to Raise Residential Property Taxes by 13%
The Boston City Council voted unanimously raise residential property taxes by 13% for 2026. Property taxes cover more than 70% of the city’s $4.8 billion budget. WBUR reports the City Council’s vote this marks the second straight year double-digit tax increases for...
Home Flipping Activity and Profits Down During Q3
A total of 72,217 single-family homes and condominiums were flipped in the third quarter, accounting for 6.8% of home sales between July and September. According to data from ATTOM, the number of flips nationwide was down quarter-over-quarter (from 79,335 in the...
Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
The San Francisco-headquartered housing advocacy group YIMBY Law has filed a lawsuit against California Gov. Gavin Newsom’s Executive Order that suspended SB 9 development in Los Angeles County areas impacted earlier this year by catastrophic wildfires. SB 9, passed...
NEWS & CURRENT EVENTS
Avalon Risk Management Debuts Hurricane Insurance Product
The new product can provide coverage to hurricane-prone areas from Brownsville, Texas through Newport News, Virginia. Continue Reading Avalon Risk Management Debuts Hurricane Insurance Product
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Mortgage Credit Availability Increases for Fifth Straight Month
“Mortgage credit availability increased for the fifth consecutive month to its highest level since 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Increases for Fifth Straight Month
Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage
Wang’s team closed 430 homes totaling $425 million in sales volume in 2024. Continue Reading Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage
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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.
CFPB to Continue Regulatory Operations into 2026
Last week, the White House nominated Stuart Levenbach, an associate director in the Office of Management and Budget, to become the next CFPB director. Continue Reading CFPB to Continue Regulatory Operations into 2026
Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
The 1.5 million-square-foot mall was foreclosed on last week, selling for $134 million. Continue Reading Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46
Prior to his career in real estate, he was a sports reporter for the Washington Post. Continue Reading Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46
Leadership Shift at Brixmor Property Group
Brian T. Finnegan, the company’s president and chief operating officer, will succeed Taylor. Continue Reading Leadership Shift at Brixmor Property Group
Judge Dismisses Mortgage Fraud Case Against Letitia James
The judge ruled prosecutor Lindsey Halligan was not eligible to pursue the case. Continue Reading Judge Dismisses Mortgage Fraud Case Against Letitia James
MBA Chief Calls for Federal Probe into Price Hikes on Credit Reporting Products
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...
Investor James Fishback Announces Bid for Governor of Florida with Pledge to End Property Taxes
Rep. Byron Donalds has been endorsed for the GOP nomination by Trump. Continue Reading Investor James Fishback Announces Bid for Governor of Florida with Pledge to End Property Taxes
Ex-Realtor Association CEO Arrested on Grand Theft Charges
Jennifer Garula-Mers cost EPCAR a total loss of $81,453.92. Continue Reading Ex-Realtor Association CEO Arrested on Grand Theft Charges
A Pair of San Francisco Hotels Sold at Steep Discount
The hotels account for nearly 10% of San Francisco’s lodging units. Continue Reading A Pair of San Francisco Hotels Sold at Steep Discount
SITE Centers Corp. Sells 5 Retail Plazas
The company did not identify the buyers of the properties. Continue Reading SITE Centers Corp. Sells 5 Retail Plazas
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