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Detroit City Council Approves New 15,000-Seat Stadium
The Detroit City Council approved the proposal by the Detroit City Football Club's (DCFC) to construct a 15,000-seat stadium and other community projects in Southwest Detroit. CBS News reports the DCFC will build a 421-parking deck and 76-unit apartment building of...
Detroit City Council Approves New 15,000-Seat Stadium
The Detroit City Council approved the proposal by the Detroit City Football Club's (DCFC) to construct a 15,000-seat stadium and other community projects in Southwest Detroit. CBS News reports the DCFC will build a 421-parking deck and 76-unit apartment building of...
Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million
Former IndyCar team owner and racing champion Michael Andretti has listed his Central Indiana estate for $11.9 million. The 5.23-acre private gated acre property in Fishers, Indiana, features a 21,000-square-foot residence with nine bedrooms, nine full and three half...
Peachtree Group Launches Equipment Finance Division
Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, has launched a new equipment finance division that will provide equipment lease financing across industries, including commercial real estate and hospitality. According to the company,...
Gov. Newsom Signs Bill Enabling Denser Housing Construction Near Transit Hubs
California Gov. Gavin Newsom signed Senate Bill 79 into law, which will enable the state to overrule local zoning ordinances by allowing the creation of taller and denser housing developments to be built near transit corridors including bus stops and train stations....
NEWS & CURRENT EVENTS
Trump Files Emergency Request with Supreme Court to Fire Lisa Cook
The request follows an appeals court decision on Monday that rejected Trump’s efforts to fire Cook ahead of the central bank’s Federal Open Market Committee meeting. Continue Reading Trump Files Emergency Request with Supreme Court to Fire Lisa Cook
Q2 Home Flipping Profit Margins Drop to 17-Year Low
The typical flipped property generated a 25.1% return on investment before expenses. Continue Reading Q2 Home Flipping Profit Margins Drop to 17-Year Low
Rithm Capital Buys Paramount Group for $1.6 Billion
Paramount’s portfolio includes 13 owned and four managed high quality office assets, totaling more than 13.1 million square feet, 85.4% of which is currently leased as of June 30. Continue Reading Rithm Capital Buys Paramount Group for $1.6 Billion
DC Council Gives Final Approval on Commanders Stadium Project
The Commanders have been playing at Northwest Stadium in Landover, Maryland, since 1997. Continue Reading DC Council Gives Final Approval on Commanders Stadium Project
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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.
Mortgage Rates Continue Their Decline
The 30-year fixed-rate mortgage averaged 6.76% as of May 1, down from last week when it averaged 6.81%. Continue Reading Mortgage Rates Continue Their Decline
Century 21 in New Partnership with The Institute for Luxury Home Marketing
The new partners have launched a co-branded quarterly report that provides market data on the luxury home market. Continue Reading Century 21 in New Partnership with The Institute for Luxury Home Marketing
Report: Households Need to Earn $114,000 to Afford a Median-Priced Home
Five of the 10 markets with the highest required incomes to afford a home are in California. Continue Reading Report: Households Need to Earn $114,000 to Afford a Median-Priced Home
Florida Real Estate Broker Sentenced in Bank Fraud Case
Maria Del Carmen Montes was indicted in August 2022 and pleaded guilty in January 2024 to three counts of bank fraud. Continue Reading Florida Real Estate Broker Sentenced in Bank Fraud Case
Kohl’s Fires CEO Over ‘Undisclosed Conflicts of Interest’
Ashley Buchanan joined Kohl’s in January after serving as CEO of Michaels Companies. Continue Reading Kohl’s Fires CEO Over ‘Undisclosed Conflicts of Interest’
New Rent Hikes Coming to NYC’s Stabilized Apartments
The rent hikes will take effect on or after Oct. 1. Continue Reading New Rent Hikes Coming to NYC’s Stabilized Apartments
Texas Title Company Employee Sentenced for Wire Fraud Scheme
In addition to her prison term, she was also ordered to pay $350,000 in restitution. Continue Reading Texas Title Company Employee Sentenced for Wire Fraud Scheme
Brent Consedine Named President at Berkshire Hathaway HomeServices California Properties
Berkshire Hathaway HomeServices California Properties encompasses more than 2,200 sales associates in 42 offices. Continue Reading Brent Consedine Named President at Berkshire Hathaway HomeServices California Properties
A Phil Hall Op-Ed: Will Mark Carney Make Canada’s Housing Crisis Worse?
Editor Phil Hall worries that Canada’s newly elected prime minister’s housing market solutions will create new problems. Continue Reading A Phil Hall Op-Ed: Will Mark Carney Make Canada’s Housing Crisis Worse?
CMBS Delinquency Rate Surges Above the 7% Mark
One year ago, the CMBS delinquency rate was 5.07%. Continue Reading CMBS Delinquency Rate Surges Above the 7% Mark
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