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New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
Sales to Begin Next Month at Miami’s New Colette Residences
META Development announced that sales on its latest project, Colette Residences in Miami’s South Brickell neighborhood, will begin on Nov. 12. The five-story, 38-unit property is being promoted as a “boutique residence” featuring two- to four-bedroom layouts with...
CoStar’s Matterport 3D Home Tours Removed from Zillow’s Platforms
Zillow (NASDAQ: Z, ZG) has announced that CoStar Group (NASDAQ: CSGP) declined to renew its API agreement that enables the use of its Matterport 3D home tour on the Zillow and StreetEasy platforms. Matterport was founded in 2011 and provides a 3D digital twin...
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%)...
NEWS & CURRENT EVENTS
Mortgage Application Payment Levels Down in August
The national median mortgage payment for conventional loan applicants was $2,112, down from $2,160 in July. Continue Reading Mortgage Application Payment Levels Down in August
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.30% as of Sept. 25, up from last week when it averaged 6.26%. Continue Reading Mortgage Rates Inch Up Slightly
Existing Home Sales Remain Flat
“Home sales have been sluggish over the past few years due to elevated mortgage rates and limited inventory,” said NAR Chief Economist Lawrence Yun. Continue Reading Existing Home Sales Remain Flat
Report: Housing in Q3 Grows Less Affordable Across Most of the Country
The nation hit a new record high median home price of $375,000 in the third quarter. Continue Reading Report: Housing in Q3 Grows Less Affordable Across Most of the Country
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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.
Pope Leo XIV’s Chicago-Area Childhood Home Listed for $199,000
The new pope’s family owned the property from 1949 to 1996. Continue Reading Pope Leo XIV’s Chicago-Area Childhood Home Listed for $199,000
NYC Real Estate Developer Indicted for Defrauding Investors
Joshua Schuster has been charged with one count of wire fraud and one count of securities fraud. Continue Reading NYC Real Estate Developer Indicted for Defrauding Investors
Beeline Introduces Realtor and Content Creator Partner Program
The new initiative is designed to accelerate origination growth in Debt Service Coverage Ratio (DSCR) mortgages. Continue Reading Beeline Introduces Realtor and Content Creator Partner Program
Calgary Real Estate Broker Charged with Multimillion-Dollar Investment Scams
To date, 16 victims have come forward a combined loss of more than $1.9 million. Continue Reading Calgary Real Estate Broker Charged with Multimillion-Dollar Investment Scams
Builder Confidence in Multifamily Market Down in Q1
“Construction costs, regulatory barriers and financing are the main headwinds right now,” said NAHB Debra Guerrero. Continue Reading Builder Confidence in Multifamily Market Down in Q1
Mortgage Credit Availability Holds Steady
“Overall levels of credit supply remain tight but have generally grown since 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Holds Steady
Alexander Brothers Face Wider Indictments in Sex Trafficking Case
The brothers’ defense lawyers rebuked the charges. Continue Reading Alexander Brothers Face Wider Indictments in Sex Trafficking Case
FirstService Residential Acquires Core Real Estate Group
The financial terms of the deal were not disclosed. Continue Reading FirstService Residential Acquires Core Real Estate Group
Mortgage Fraud Criminal Probe Opened Against NY AG Letitia James
James called the allegations “baseless” and claimed it was part of President Trump’s “revenge tour.” Continue Reading Mortgage Fraud Criminal Probe Opened Against NY AG Letitia James
Hilltop Residential Launches Multifamily Development Division
The company has appointed Eric Overton as managing partner of Hilltop Residential Development. Continue Reading Hilltop Residential Launches Multifamily Development Division
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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