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CMBS Delinquency Rate Down for November
November marked only fourth time this year that the overall CMBS delinquency rate decreased. Continue Reading CMBS Delinquency Rate Down for November
CMBS Delinquency Rate Down for November
November marked only fourth time this year that the overall CMBS delinquency rate decreased. Continue Reading CMBS Delinquency Rate Down for November
Good Earth Cafes Seeks to Acquire Former Starbucks Locations Across Canada
Good Earth Cafes Ltd., a Calgary-headquartered coffee franchiser, announced plans to acquire locations across Canada formerly occupied by the Starbucks chains. The company, which operates more than 50 locations across Canada, has retained Doug Basarovich of Greenwood...
New York Attorney General Letitia James Indicted in Mortgage Fraud Case
New York Attorney General Letitia James has been indicted on a single count of bank fraud in connection to a mortgage on a residential property in Virginia. “No one is above the law," said Lindsey Halligan, the interim US Attorney for the Eastern District of Virginia....
Tech Trends: Smarter Ways to Do Business
This week’s edition of Tech Trends features artificial intelligence, deepfake detection and predictive analytics. A New App on Mr. Altman’s Platform. Zillow (NASDAQ: Z, ZG) announced it has become the first and only real estate app available in ChatGPT. According to...
NEWS & CURRENT EVENTS
FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Grant applications are now being accepted through Oct. 3. Continue Reading FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Appeals Court Rejects Trump’s Attempt to Fire Lisa Cook; Senate Approves Miran for Temporary Fed Seat
Neither Trump nor Pulte offered an immediate comment on the court’s ruling. Continue Reading Appeals Court Rejects Trump’s Attempt to Fire Lisa Cook; Senate Approves Miran for Temporary Fed Seat
California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs
It was supported by labor unions who were pleased with the bill’s provisions regarding a mandate for union workers on the new construction. Continue Reading California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs
Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
Historically, Canadians have made up the largest portion of international homebuyers in the US. Continue Reading Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
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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.
NWMLS Suspends Compass’ IDX Feed
“The MLS shouldn’t be able to dictate how homeowners sell their home,” said Compass CEO Robert Reffkin. Continue Reading NWMLS Suspends Compass’ IDX Feed
NAHREP: Housing Market ‘Threatened’ by Private Listings
NAHREP called for “the force of law” to ensure fair access to property information. Continue Reading NAHREP: Housing Market ‘Threatened’ by Private Listings
Bill Cosby Lists NYC Townhouse in Foreclosure Battle for $7 Million
A New York City townhouse owned by disgraced comedian Bill Cosby has been listed for $7 million, even though the property is at the center of a foreclosure fight. The New York Post reports Cosby put the four-story, 5,000-square-foot property on the market four months...
Josh Pristaw Named President at Clarion Partners
Pritsaw joins Clarion from the investment firm Pretium, where he served as senior managing director. Continue Reading Josh Pristaw Named President at Clarion Partners
Mortgage Rates Take an Upswing
The 30-year fixed-rate mortgage averaged 6.83% as of April 17, up from last week when it averaged 6.62%. Continue Reading Mortgage Rates Take an Upswing
Trump Calls for ‘Termination’ of Powell’s Fed Leadership
“Powell’s termination cannot come fast enough!” said the president. Continue Reading Trump Calls for ‘Termination’ of Powell’s Fed Leadership
Housing Starts Dropped in March
Single-family housing completions in March were at a rate of 1.029 million, up by 0.9% from the revised February rate of 1,020 million. Continue Reading Housing Starts Dropped in March
European Central Bank Cuts Interest Rates by 25 Basis Points
The ECB noted that “the disinflation process is well on track” but warned about challenges ahead. Continue Reading European Central Bank Cuts Interest Rates by 25 Basis Points
Average Property Tax on Single-Family Home Up 2.7% in 2024
The 10 states with the highest effective tax rates in 2024 were all in the Northeast and middle of the country. Continue Reading Average Property Tax on Single-Family Home Up 2.7% in 2024
Report: Homes Are Taking Longer to Sell
Active listings hit the highest level in five years in March via a 0.1% month-over-month uptick. Continue Reading Report: Homes Are Taking Longer to Sell
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