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Hits and Misses for the Real Estate Week of Dec. 16-20
NAR’s image problems, the Chicago mayor’s learning curve and political tumult in Canada top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Dec. 16-20
Hits and Misses for the Real Estate Week of Dec. 16-20
NAR’s image problems, the Chicago mayor’s learning curve and political tumult in Canada top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Dec. 16-20
New York State Housing Inventory at 8-Month Low
Two words for buyers looking for homes in New York State: good luck! According to data from the New York State Association of Realtors, the inventory of homes for sale across the state dropped to the lowest point since March – only 26,152 units were available last...
Wisconsin Home Sales Inched Up in November
Wisconsin’s existing home sales inched up 1.7% year-over-year in November, with 5,508 transactions last month compared to 5,447 one year earlier. On a year-to-date basis, home sales were up 4.1% compared to the January-through-November period in 2023 According to data...
116-Unit Connecticut Multifamily Complex Sells for $14.1 Million
Rye Brook, New York-headquartered National Multifamily Corp. announced the sale of a 116-unit apartment complex located in Bridgeport, Connecticut, to a New York-city based investor for $14.1 million, or $121,552 per unit. The property had been held by the same family...
NEWS & CURRENT EVENTS
Trinity Investments Acquires Historic Seattle Hotel
The 450-room luxury hotel opened in 1924 and spans an entire block of Downtown Seattle. Continue Reading Trinity Investments Acquires Historic Seattle Hotel
Harbor Capital Acquires Houston-Area Industrial Property
The 13 new industrial buildings at the property features spaces ranging from 5,625 to 48,750 square feet. Continue Reading Harbor Capital Acquires Houston-Area Industrial Property
Big Lots to Start ‘Going Out of Business’ Sales at Remaining Stores
Big Lots currently operates 963 stores nationwide. Continue Reading Big Lots to Start ‘Going Out of Business’ Sales at Remaining Stores
Existing Home Sales Up in November
Last month’s median existing home price for all housing types was $406,100. Continue Reading Existing Home Sales Up in November
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Existing Home Sales Up in November
Last month’s median existing home price for all housing types was $406,100. Continue Reading Existing Home Sales Up in November
Mortgage Rates Rise Ahead of Christmas
The 30-year fixed-rate mortgage averaged 6.72% as of Dec. 19. Continue Reading Mortgage Rates Rise Ahead of Christmas
Florida Home Sales and Prices Decline
The statewide median sales price for single-family existing homes in November was $410,700. Continue Reading Florida Home Sales and Prices Decline
LRT Company Expands to Rhode Island with Senior Housing Development
Groundbreaking on the project is expected to occur next summer. Continue Reading LRT Company Expands to Rhode Island with Senior Housing Development
California Home Sales Record Largest Yearly Increase in Over Three Years
The statewide median price of $852,880 was down 4% from October but was up 3.8% from November 2023. Continue Reading California Home Sales Record Largest Yearly Increase in Over Three Years
Canadian Home Sales Rise by Nearly 3%
The sales spike occurred despite the 0.5% month-over-month drop in newly listed properties. Continue Reading Canadian Home Sales Rise by Nearly 3%
NAR Hires Advertising Agency to Help Improve Its Image
The terms of the contract were not disclosed. Continue Reading NAR Hires Advertising Agency to Help Improve Its Image
RFK Stadium’s Fate Uncertain After Continuing Resolution is Pulled
Earlier this year, the National Park Service (NPS) has given its approval for the demolition of RFK Stadium. Continue Reading RFK Stadium’s Fate Uncertain After Continuing Resolution is Pulled
Report: Home Affordability Worsened in Q4
The national median home price has climbed to $364,750 during the fourth quarter. Continue Reading Report: Home Affordability Worsened in Q4
Real Estate Developer Sentenced for Role in Chicago Bank Failure
Marek Matczuk was convicted by a jury in federal court last year. Continue Reading Real Estate Developer Sentenced for Role in Chicago Bank Failure
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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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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
