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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
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
Mortgage Rates Inch Up Slightly
Mortgage rates inched up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of Sept. 25, up from last week when it averaged 6.26%. A year ago at this time, it averaged 6.08%. The...
Existing Home Sales Remain Flat
Existing home sales were mostly flat in August, dipping by a scant 0.2% from July to a seasonally adjusted annual rate of 4 million, according to the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.8%. Regionally, month-over-month...
Report: Housing in Q3 Grows Less Affordable Across Most of the Country
Median-priced single-family homes and condos were less affordable during the third quarter compared to historical averages in 99% of counties with sufficient data to analyze, according to a new report from ATTOM. While that was the same high rate as the second...
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.
NYC Completed Nearly 34,000 New Homes in 2024
Only 15,626 permits for new housing were received last year. Continue Reading NYC Completed Nearly 34,000 New Homes in 2024
Winnipeg Real Estate Agents Disciplined for Withholding Information from Homebuyer
The exact nature of the disciplinary measures was not disclosed. Continue Reading Winnipeg Real Estate Agents Disciplined for Withholding Information from Homebuyer
Franklin BSP Realty Trust Acquires NewPoint Holdings
The financial terms of the deal were not disclosed. Continue Reading Franklin BSP Realty Trust Acquires NewPoint Holdings
Lack of Affordable Housing Blamed for Corporations Not Placing HQ in Cyprus
The Association of Large Investment Projects called on the Cypriot government to cut delaying red tape. Continue Reading Lack of Affordable Housing Blamed for Corporations Not Placing HQ in Cyprus
Report: Housing Supply Gap at Nearly 4 Million in 2024
Total housing starts last year were at their lowest level since 2020. Continue Reading Report: Housing Supply Gap at Nearly 4 Million in 2024
Wells Fargo Sues JPMorgan Over Defaulted $481 Million Loan
The lawsuit alleged JPMorgan knew the seller overstated the properties’ historical net operating income by 25%. Continue Reading Wells Fargo Sues JPMorgan Over Defaulted $481 Million Loan
Data Analysis Warns Banks Face Exposure to Ongoing Commercial Real Estate Troubles
Flagstar Bank, Zion Bancorp, Valley National Bank, Synovus Bank, Umpqua Bank and Old National Bank were cited as the banks most at risk. Continue Reading Data Analysis Warns Banks Face Exposure to Ongoing Commercial Real Estate Troubles
Former Quebec Penitentiary to be Transferred to Canada Lands Company
CLC’s plans for the site were not announced. Continue Reading Former Quebec Penitentiary to be Transferred to Canada Lands Company
Denver’s Rampart Medical Campus Sells for $8.6 Million
The two buildings last changed hands in December 2019 in an $18.8 million transaction. Continue Reading Denver’s Rampart Medical Campus Sells for $8.6 Million
Matthew Brown Named CFO / Treasurer at Seven Hills Realty Trust
Brown is a senior vice president of The RMR Group (NASDAQ: RMR), an alternative asset management company. Continue Reading Matthew Brown Named CFO / Treasurer at Seven Hills Realty Trust
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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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