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Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Steve Bakke Named EVP/CFO at Postal Realty Trust
Postal Realty Trust, Inc. (NYSE: PSTL), a real estate investment trust that owns and manages over 2,200 properties leased primarily to the US Postal Service, announced the appointment of Steve Bakke as executive vice president, chief financial officer and the...
$48 Million Beverly Hills Estate Topped August’s List of Most Expensive Home Sales
The $48 million price tag on the Beverly Hills estate previously owned by billionaire real estate magnate and 2022 Los Angeles mayoral candidate Rick Caruso topped the list of the most expensive home sales during August, according to a new report from Redfin. Two of...
Mortgage Delinquency Rate Up During August
The national mortgage delinquency rate rose by 16 basis points (bps) in August to 3.43%, a 10-bps year-over-year upswing. According to data from ICE Mortgage Technology, August’s rise follows delinquency rate declines from June and July. FHA loans recorded the largest...
NEWS & CURRENT EVENTS
Acres.com Debuts Tool to Track Residential Market Growth
The tool can identify the people behind holding companies and shell entities involved in land deals. Continue Reading Acres.com Debuts Tool to Track Residential Market Growth
Canada Invests $45 Million for Ottawa Rental Housing Complex
The Bayview Wateridge development is located in the Rockcliffe community within a few minutes of downtown Ottawa. Continue Reading Canada Invests $45 Million for Ottawa Rental Housing Complex
Aldi to Open First Grocery Store in Manhattan
The 25,000-square-foot store will be on 42nd Street near Times Square. Continue Reading Aldi to Open First Grocery Store in Manhattan
A Phil Hall Op-Ed: Is Trump Fighting Mortgage Fraud or Trying to Seize the Fed?
After Trump’s announcement went live last night, US stock futures and international stock markets went into decline out of fear that the Fed’s independence was under attack. Continue Reading A Phil Hall Op-Ed: Is Trump Fighting Mortgage Fraud or Trying to Seize the Fed?
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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.
Fair Housing Nonprofits Sue HUD and DOGE Over Grants Cancellation
“Congress makes the law, and Congress sets the bounds of agency action,” said Lila Miller. Continue Reading Fair Housing Nonprofits Sue HUD and DOGE Over Grants Cancellation
Arizona Attorney General Brings Lawsuit Against Foreclosure Scheme Fraudsters
The lawsuit seeks civil penalties of $10,000 for each instance of consumer fraud. Continue Reading Arizona Attorney General Brings Lawsuit Against Foreclosure Scheme Fraudsters
Tampa Bay Rays Drop Effort to Develop New $1.3 Billion Stadium
“After careful deliberation, we have concluded we cannot move forward with the new ballpark and development project at this moment,” said principal owner Stuart Sternberg. Continue Reading Tampa Bay Rays Drop Effort to Develop New $1.3 Billion Stadium
Report: Compass in Discussions to Acquire Warren Buffett-Owned Brokerage
The potential acquisition price is uncertain. Continue Reading Report: Compass in Discussions to Acquire Warren Buffett-Owned Brokerage
Senate Confirms Bill Pulte to Become FHFA Director
Three Democrats joined the Republican majority in confirming Pulte. Continue Reading Senate Confirms Bill Pulte to Become FHFA Director
The Most Expensive Home Sale in February Is…
Coastal Florida boasted seven of February’s 10 highest-priced home sales. Continue Reading The Most Expensive Home Sale in February Is…
Mortgage Applications for New Home Purchases Down in February
By product type, conventional loans composed 56.7% of loan applications while FHA loans accounted for 32.1%. Continue Reading Mortgage Applications for New Home Purchases Down in February
Canada to Spend $365 Million for Building 767 Rental Homes in Toronto
Of the 767 new rental homes, 384 will be affordable and at least 20% of the units will meet accessibility standards. Continue Reading Canada to Spend $365 Million for Building 767 Rental Homes in Toronto
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.65% as of March 13, up slightly from last week when it averaged 6.63%. Continue Reading Mortgage Rates Remain Flat
Mid-Atlantic Home Sales Slumped in February
Philadelphia recorded 4,631 new pending sales, the lowest February total in more than a decade. Continue Reading Mid-Atlantic Home Sales Slumped in February
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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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