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Pennsylvania Home Sales Down While Prices Keep Rising
The Pennsylvania median home price was up 5.2% year-over-year to $305,000, compared to $290,000 in November 2024. Continue Reading Pennsylvania Home Sales Down While Prices Keep Rising
Pennsylvania Home Sales Down While Prices Keep Rising
The Pennsylvania median home price was up 5.2% year-over-year to $305,000, compared to $290,000 in November 2024. Continue Reading Pennsylvania Home Sales Down While Prices Keep Rising
Fate of Decaying Frank Lloyd Wright House in Chicago Uncertain After Failed Foreclosure Auction
A Frank Lloyd Wright-designed residence in Chicago that has been in a state of dilapidation faces an uncertain future after its ownership was transferred to a mortgage company following a failed foreclosure auction. Artnet.com reports the Prairie style Walser House...
Utah Property Manager Sentenced on Embezzlement and Bank Fraud Charges
Blake Floyd Cozzens of Cedar City, Utah, was sentenced today to 25 months’ imprisonment for wire fraud and bank fraud for embezzling money from homeowners associations (HOAs), property owners, and tenants, as well as fraudulently obtaining money from a bank and a...
Report: Median Asking Rent Down for 28th Straight Month
The median asking rent for 0–2 bedroom units fell for the 28th consecutive month on a year-over-year basis during November, according to the Realtor.com November Rental Report. The national median is now at $1,693, down $17 (or 1.0%) from last November. However, it is...
NEWS & CURRENT EVENTS
Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Matthew Thomas Onofrio netted at least $35 million from his fraudulent scheme before being caught. Continue Reading Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Report: Home Price Appreciation Up During November
The inventory of homes available for purchase rose 17.9% year-over-year to the highest November level since 2015. Continue Reading Report: Home Price Appreciation Up During November
Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
With this transaction, HCP’s portfolio now exceeds 1,500 rooms. Continue Reading Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
Architects Urge New Designer on White House East Wing Ballroom to Reject the Project’s Commission
Shalom Baranes Associates replaced James McCrery, who stepped down as the project’s original architect in October. Continue Reading Architects Urge New Designer on White House East Wing Ballroom to Reject the Project’s Commission
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Real Estate Finance Firm KV Capital Expands to Toronto
The new office is the company’s third location, joining its Edmonton headquarters that opened in 2006 and a Calgary office that opened in 2023. Continue Reading Real Estate Finance Firm KV Capital Expands to Toronto
CFPB to Continue Regulatory Operations into 2026
Last week, the White House nominated Stuart Levenbach, an associate director in the Office of Management and Budget, to become the next CFPB director. Continue Reading CFPB to Continue Regulatory Operations into 2026
Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
The 1.5 million-square-foot mall was foreclosed on last week, selling for $134 million. Continue Reading Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46
Prior to his career in real estate, he was a sports reporter for the Washington Post. Continue Reading Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46
Leadership Shift at Brixmor Property Group
Brian T. Finnegan, the company’s president and chief operating officer, will succeed Taylor. Continue Reading Leadership Shift at Brixmor Property Group
Judge Dismisses Mortgage Fraud Case Against Letitia James
The judge ruled prosecutor Lindsey Halligan was not eligible to pursue the case. Continue Reading Judge Dismisses Mortgage Fraud Case Against Letitia James
MBA Chief Calls for Federal Probe into Price Hikes on Credit Reporting Products
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...
Investor James Fishback Announces Bid for Governor of Florida with Pledge to End Property Taxes
Rep. Byron Donalds has been endorsed for the GOP nomination by Trump. Continue Reading Investor James Fishback Announces Bid for Governor of Florida with Pledge to End Property Taxes
Ex-Realtor Association CEO Arrested on Grand Theft Charges
Jennifer Garula-Mers cost EPCAR a total loss of $81,453.92. Continue Reading Ex-Realtor Association CEO Arrested on Grand Theft Charges
A Pair of San Francisco Hotels Sold at Steep Discount
The hotels account for nearly 10% of San Francisco’s lodging units. Continue Reading A Pair of San Francisco Hotels Sold at Steep Discount
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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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