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Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
The company expects to welcome its first residents in February 2027. Continue Reading Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
The company expects to welcome its first residents in February 2027. Continue Reading Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
Matthew Abrusci Named EVP and General Counsel at Freddie Mac
Freddie Mac (OTCQB: FMCC) has hired Matthew D. Abrusci as executive vice president, general counsel and corporate secretary. Abrusci brings more than three decades of financial services experience spanning banking, capital markets, and securities law. He was...
Housing Supply Drops to 2-Year Low
Active listings of homes for sale during August were down by 1.4% from July, according to data from Redfin. This marked the largest seasonally adjusted decline since June 2023. Although active listings last month were up 9.7% year-over-year, this marked the smallest...
Compass Acquires Anywhere Real Estate for $1.6 Billion in All-Stock Transaction
Compass Inc. (NYSE: COMP) announced its $1.6 billion acquisition of Anywhere Real Estate Inc. (NYSE: HOUS) in an all-stock transaction. Madison, New Jersey-based Anywhere, formerly known as Realogy, is the parent company of the brands Century 21, Coldwell Banker,...
NEWS & CURRENT EVENTS
New Home Sales Down 0.6% in July
The median sales price of new houses sold in July was $403,800, a 0.8% dip from June’s price of $407,200 and 5.9% below the July 2024 price of $429,000. Continue Reading New Home Sales Down 0.6% in July
Long-Lost Nazi-Looted Artwork Spotted in Online Real Estate Listing
An 18th century painting that was stolen by the Nazis from a Dutch Jewish art dealer and disappeared for decades has been spotted in an online real estate listing in Argentina. The Dutch newspaper AD reports “Portrait of a Lady” by the Italian painter Vittore...
Morgan Properties Acquires Dream Residential REIT for $354 Million
Following the conclusion of the acquisition, Dream Residential REIT will cease to be publicly traded. Continue Reading Morgan Properties Acquires Dream Residential REIT for $354 Million
St. Louis-Area Man Pleads Not Guilty for Conspiring to Steal 16 Homes and a Duplex
James L. Townes Jr. is accused of falsely claiming to be disabled. Continue Reading St. Louis-Area Man Pleads Not Guilty for Conspiring to Steal 16 Homes and a Duplex
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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.
Herschen Acquires Palace Entertainment’s Theme Parks
The financial terms of the deal were not disclosed. Continue Reading Herschen Acquires Palace Entertainment’s Theme Parks
Four Real Estate Scammers Indicted for NYC Deed Theft Schemes
The victims included an 82-year-old woman and a 76-year-old woman. Continue Reading Four Real Estate Scammers Indicted for NYC Deed Theft Schemes
Q4 Renter Population Up by Less Than 1%
Home prices are more than 40% above pre-pandemic levels and rent prices are roughly 20% above pre-pandemic levels. Continue Reading Q4 Renter Population Up by Less Than 1%
Mortgage Applications Down, Homeowner Equity Up
“Overall, purchase application volume is up 6% compared to last year at this time,” said MBA’s Mike Fratantoni. Continue Reading Mortgage Applications Down, Homeowner Equity Up
Report: Las Vegas Has Greatest Shortage of Affordable Housing for Extremely Low-Income Renters
Dallas, Austin, San Diego and Houston also have shortages of affordable housing. Continue Reading Report: Las Vegas Has Greatest Shortage of Affordable Housing for Extremely Low-Income Renters
Hawaiian Legislators Consider Redefining ‘Historic Property’
The state’s current definition of “historic property” is entirely age-focused. Continue Reading Hawaiian Legislators Consider Redefining ‘Historic Property’
California Records Highest Home Sales in Over 2 Years
The statewide median home price of $829,060 represented a 1.2% drop from January’s $838,850 price. Continue Reading California Records Highest Home Sales in Over 2 Years
14,500-Seat NWSL Stadium Announced for Denver
The venue is scheduled to open in the spring of 2028. Continue Reading 14,500-Seat NWSL Stadium Announced for Denver
HUD Secretary Turner Would Like to Move Agency from HQ Building
The building was added to the National Register of Historic Places in 2008. Continue Reading HUD Secretary Turner Would Like to Move Agency from HQ Building
Sotheby’s International Realty Opens First Philippines Office
The new Philippines Sotheby’s International Realty is headquartered in Makati, the nation’s financial and commercial hub. Continue Reading Sotheby’s International Realty Opens First Philippines Office
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