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Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
“This should be the end of this case,” said Abbe Lowell, James’ attorney. Continue Reading Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
“This should be the end of this case,” said Abbe Lowell, James’ attorney. Continue Reading Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
Builder Confidence Rises Despite Market Challenges
There was a new rush of optimism in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which found builder confidence at a 37 level, up five points from September and the highest reading since April. Readings over 50...
Q3 Home Sales Profits Near 50% Margin
Homeowners, on average, made a 49.9% profit selling single-family homes and condos during the third quarter, up from a 49.3% profit margin in the previous quarter but down from the 55.4% average profit in the third quarter of 2024. The profit margin is the percent...
NYC Median Rent Up 5.4% from Last Year
The median asking rent in New York City reached $3,599 during the third quarter, up 5.4% from one year ago, according to the latest NYC Rent Report from Realtor.com. The current median rent for the city’s residents is now 20.2% higher than it was prior to the...
NEWS & CURRENT EVENTS
Stellar MLS in Data Access Pact with Miami Association of Realtors
. The collaboration between Florida’s two largest MLSs will expand listing visibility across Miami, Tampa, and Orlando. Continue Reading Stellar MLS in Data Access Pact with Miami Association of Realtors
Developers of Manhattan’s Mixed-Use Freedom Plaza Commit to 1,080 Affordable Housing Units
The five-acre site will stretch from 38th to 41st Streets on First Avenue, just south of the United Nations headquarters complex Continue Reading Developers of Manhattan’s Mixed-Use Freedom Plaza Commit to 1,080 Affordable Housing Units
Chinese EB-5 Investors File Fraud Lawsuit Tied to Northern Marianas Casino-Resort Project
The Northern Marianas is a US commonwealth in the Western Pacific Ocean, north of Guam and roughly 3,800 miles west of Hawaii. Continue Reading Chinese EB-5 Investors File Fraud Lawsuit Tied to Northern Marianas Casino-Resort Project
Report: US Attorney Plans to Resign Under Trump Pressure for Not Bringing Mortgage Fraud Charges Against Letitia James
When a reporter asked if he would fire Siebert, Trump answered, “Yeah, I want him out.” Continue Reading Report: US Attorney Plans to Resign Under Trump Pressure for Not Bringing Mortgage Fraud Charges Against Letitia James
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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.
Stonepeak Launches Data Center Development Company
Montera is led by company founder and CEO Eanna Murphy, formerly a data center executive at Yondr and Google. Continue Reading Stonepeak Launches Data Center Development Company
Poll: 3 in 4 Canadians Support a Ban on Foreigners Buying Residential Properties
Just over half of Canadians (51%) trust the federal government under the Liberals to deliver affordable housing across the country. Continue Reading Poll: 3 in 4 Canadians Support a Ban on Foreigners Buying Residential Properties
Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics
During 2024, less than one-fifth (18%) of all Californians earned enough income to afford an $865,440 statewide median-priced detached home. Continue Reading Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics
Jack in the Box to Close Up to 200 Restaurants
The new program will consist of approximately 80-120 restaurant closures between now and Dec. 31. Continue Reading Jack in the Box to Close Up to 200 Restaurants
Infinite Reality to Build 60-Acre HQ Complex in Fort Lauderdale
The project is slated to open in 2026 at the site of a remediated former Superfund property. Continue Reading Infinite Reality to Build 60-Acre HQ Complex in Fort Lauderdale
Saks Fifth Avenue to Shut Down San Francisco Store
The retailer’s five-floor store will close on May 10. Continue Reading Saks Fifth Avenue to Shut Down San Francisco Store
Lawyer for NY AG Letitia James Demands Justice Dept. Reject Mortgage Fraud Referral
Attorney Abbe Lowell said the paperwork “mistakenly stated the property to be Ms. James’ principal residence.” Continue Reading Lawyer for NY AG Letitia James Demands Justice Dept. Reject Mortgage Fraud Referral
New York State’s Housing Inventory Inches Up, But Sales Remain Static
March marked the 20th consecutive month of year-over-year median home price increases. Continue Reading New York State’s Housing Inventory Inches Up, But Sales Remain Static
Florida Home Sales Down Despite Wider Listings and Inventory
The statewide median price for single-family homes was $414,555 in the first quarter, a scant 0.1% dip from one year before. Continue Reading Florida Home Sales Down Despite Wider Listings and Inventory
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.81% as of April 24. Continue Reading Mortgage Rates in Mild Decline
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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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