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Hits and Misses for the Real Estate Week of Nov. 24-28
Thought leaders saying the right thing, revenge seekers doing the wrong thing, and a new movie and book worth pursuing. Continue Reading Hits and Misses for the Real Estate Week of Nov. 24-28
Hits and Misses for the Real Estate Week of Nov. 24-28
Thought leaders saying the right thing, revenge seekers doing the wrong thing, and a new movie and book worth pursuing. Continue Reading Hits and Misses for the Real Estate Week of Nov. 24-28
Report: 72% More Condo Sellers Than Buyers
A new data report by the Rocket Companies (NYSE: RKT) division Redfin has determined there were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide during August. This marked the fifth straight month in which there have been at least 70% more...
Massachusetts Real Estate Broker Indicted on Embezzlement Charges
The owner of a defunct Massachusetts real estate brokerage has been indicted for embezzlement. Boston 25 News reports Stephen D. Webster, broker and principal with Success! Real Estate in Marshfield, was accused of detouring more than $11.6 million in client escrow...
Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio
Getty Realty Corp. (NYSE: GTY), a New York City-headquartered REIT focused on convenience and automotive retail real estate, announced its acquisition of 12 convenience stores for $100 million along with a long-term, unitary net lease with a subsidiary of Now &...
NEWS & CURRENT EVENTS
Oh No, Boomer! Survey Finds 61% of Boomers Say They’ll Never Sell Their Homes
The overwhelming majority (89%) of boomers believe buying a home is almost always a good decision. Continue Reading Oh No, Boomer! Survey Finds 61% of Boomers Say They’ll Never Sell Their Homes
Fairway Home Mortgage in New Partnership with OpenAI
To oversee the partnership, Fairway will promote Caleb Ondrusek to executive vice president of technology and innovation. Continue Reading Fairway Home Mortgage in New Partnership with OpenAI
Newmark Opens Middle Eastern Flagship Office in Dubai
Stefan Burch will head up the new office and build the firm’s business in the region Continue Reading Newmark Opens Middle Eastern Flagship Office in Dubai
Chicago Bears Announce Move to New Suburban Stadium
Bears President and CEO Kevin Warren stated the team will be leaving its namesake city for Arlington Heights, a suburb approximately 25 miles from its current venue. Continue Reading Chicago Bears Announce Move to New Suburban Stadium
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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.
Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme
Craig Douglas McMorran is now facing a new charge of fraud over $5,000. Continue Reading Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme
Q1 Sales Up 29% in Manhattan Luxury Apartment Market
58% of the sales in the quarter were all-cash deals. Continue Reading Q1 Sales Up 29% in Manhattan Luxury Apartment Market
Forecast: Increased Investment in Canadian Residential Construction Through 2034
The forecast also predicts residential sector construction employment will increase by 6% from 2024 levels to 2034. Continue Reading Forecast: Increased Investment in Canadian Residential Construction Through 2034
LendingOne in New Partnership with Proptech Blanket
LendingOne’s suite of investor loan solutions will be integrated directly into the Blanket platform. Continue Reading LendingOne in New Partnership with Proptech Blanket
Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud
Jyoteshna Karan and Praveen Singh Karan conspired to make straw purchases and short sales of approximately 15 homes. Continue Reading Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud
Two-Thirds of Condos Sold at Less Than Asking Price in February
Redfin attributed the problems impacting the condo sector to rising insurance costs and new safety regulations that caused HOA fees to soar Continue Reading Two-Thirds of Condos Sold at Less Than Asking Price in February
Crescent Seas Adds Second Ship to Nautical Residential Portfolio
The Insignia will feature 290 residences priced from $650,000 to $10 million. Continue Reading Crescent Seas Adds Second Ship to Nautical Residential Portfolio
Mortgage Rates Continue to Decline
The 30-year fixed-rate mortgage averaged 6.64% as of April 3. Continue Reading Mortgage Rates Continue to Decline
Avanti Residential Unveils LIHTC-Focused Affiliate
The new Tampa-based affiliate will initially focus on high-growth metropolitan markets. Continue Reading Avanti Residential Unveils LIHTC-Focused Affiliate
Toronto Home Sales and Prices in Decline
The average selling price at $1.09 million represented a 2% decline from one year earlier. Continue Reading Toronto Home Sales and Prices in 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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