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Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
New foreclosure filings across the city nearly doubled over the first six months of 2025 compared to the second half of last year. Continue Reading Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
New foreclosure filings across the city nearly doubled over the first six months of 2025 compared to the second half of last year. Continue Reading Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
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 &...
Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes
Texas Attorney General Ken Paxton has ordered four cities to stop their property tax rate hikes amid concerns that the localities are not following new state rules. The Texas Tribune reports that Paxton contacted officials in La Marque, Odessa, Tom Bean and...
NEWS & CURRENT EVENTS
Report: Bessent Curses and Threatens Pulte During DC Private Party
Ultimately, there was no violence – Bessent and Pulte were seated at opposite ends of the dinner table and there was no further disruption. Continue Reading Report: Bessent Curses and Threatens Pulte During DC Private Party
Property Insurance Costs Grow 11.3%
California saw the largest increases in the first half of the year, with premiums in Los Angeles up 9% in six months and 19.5% year-over-year. Continue Reading Property Insurance Costs Grow 11.3%
Black Homeownership Rate Drops to 4-Year Low
The homeownership rate decline occurred as the Black unemployment rate reached 7.2% as of July, up from 6.3% one year before and the highest level since October 2021. Continue Reading Black Homeownership Rate Drops to 4-Year Low
Senate Democrats Debut Bill to Assist Faith-Based Groups in Creating Affordable Housing
The legislation creates $50 million per year in grants for communities that adopt policies removing barriers to affordable housing on property owned by faith-based organizations or colleges. Continue Reading Senate Democrats Debut Bill to Assist Faith-Based Groups in Creating Affordable Housing
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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.
Foot Locker Moves HQ from NYC to St. Petersburg, Florida
Foot Locker Inc. (NYSE: FL), the footwear and apparel retailer, is relocating is global headquarters from New York City to a 110,998-square-foot office in St. Petersburg, Florida. The company, which first announced its relocation plans last summer, has signed a lease...
Rocket Companies Acquires Mr. Cooper for $9.4 Billion
This is Rocket’s second acquisition this month, following its earlier announcement of the $1.75 billion purchase of Redfin. Continue Reading Rocket Companies Acquires Mr. Cooper for $9.4 Billion
Report: Real Estate Developer to Run for Mayor of Boston
Thomas O’Brien is CEO and managing partner of The HYM Investment Group. Continue Reading Report: Real Estate Developer to Run for Mayor of Boston
Cathy Polan Installed as 2025 President of Ontario Real Estate Association
OREA also named Sault Ste. Marie-based realtor Kimberly Fairley as 2025 president-elect. Continue Reading Cathy Polan Installed as 2025 President of Ontario Real Estate Association
Newsom Suspends Environmental Laws for Utilities in Rebuilding After LA Fires
The executive order suspends compliance requirements related to the California Environmental Quality Act (CEQA) and the California Coastal Act by utilities. Continue Reading Newsom Suspends Environmental Laws for Utilities in Rebuilding After LA Fires
Bank of America Reports 80% Surge in Q1 Mortgage Applications
“We’re seeing a steady increase in home buying activity, and it’s beyond what we would normally see from a seasonality perspective,” said Matt Vernon, head of consumer lending. Continue Reading Bank of America Reports 80% Surge in Q1 Mortgage Applications
Ottawa Man Arrested for Real Estate Investment Scam
Timothy LaFlamme identified himself in a now-deleted LinkedIn account as a “mental health and financial consultant.” Continue Reading Ottawa Man Arrested for Real Estate Investment Scam
Judge Blocks Trump Effort to Whittle Down the CFPB
A federal judge has halted the Trump administration’s actions to downsize and realign the Consumer Financial Protection Bureau (CFPB). In a 112-page ruling by US District Judge Amy Berman Jackson, an Obama administration appointee, the Trump administration was ordered...
Hits and Misses for the Real Estate Week of March 24-28
The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. Continue Reading Hits and Misses for the Real Estate Week of March 24-28
Proposed Texas Development Accused of Seeking Muslim-Only Community Under Sharia Law
“The proposed community will never see the light of day,” said Gov. Abbott. Continue Reading Proposed Texas Development Accused of Seeking Muslim-Only Community Under Sharia Law
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