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New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
A Phil Hall Op-Ed: The Smearing of Erik Siebert
A Phil Hall Op-Ed: There is absolutely nothing in Erik Siebert’s background to suggest he has a penchant for chicanery and dishonesty. A graduate of the prestigious Virginia Military Institute, he served as a police officer with the Metropolitan Police Department in...
California Home Sales Edged Up During August
California recorded a seasonally adjusted annualized rate of 264,240 closed escrow sales of existing, single-family detached homes in August, up 0.9% from 261,820 homes in July but down by a slight 0.2% from 264,640 homes in August 2024. According to the California...
Pennsylvania Home Sales Hold Steady
Pennsylvania recorded 11,470 home sales in August, up by a slight 0.5% from 11,402 transactions. According to data from the Pennsylvania Association of Realtors, the home listing levels reached 41,497 last month, which is up nearly 7% year-over-year from the 38,775...
NEWS & CURRENT EVENTS
Construction Costs on New Las Vegas Baseball Stadium Rises to $2 Billion
The new stadium will receive $350 million in public financing, with the team absorbing the remaining costs on the project. Continue Reading Construction Costs on New Las Vegas Baseball Stadium Rises to $2 Billion
Toronto Realtor Assures Social Media Crowd That He’s Not a Criminal with the Same Name
Zain Merchant added that his employer has also been receiving phone calls from people wondering why they have a criminal on their payroll. Continue Reading Toronto Realtor Assures Social Media Crowd That He’s Not a Criminal with the Same Name
MaestroX Debuts Document Platform for Title Searches
The platform provides direct integrations into title production software including SoftPro and Ramquest. Continue Reading MaestroX Debuts Document Platform for Title Searches
New York State Median Home Sale Price Breaks Record High
Closed sales were down from 10,286 homes last year to 10,046 last month, a 2.3% decline. Continue Reading New York State Median Home Sale Price Breaks Record High
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Beazer Homes Launches Charity Home Insurance Agency
Beazer Homes is partnering with Westwood Insurance Agency to power Charity Home Insurance Agency. Continue Reading Beazer Homes Launches Charity Home Insurance Agency
W. Jeffrey Beckham Named Chief Investment Officer at Buckingham
Beckham previously served as head of portfolio and asset management at GID. Continue Reading W. Jeffrey Beckham Named Chief Investment Officer at Buckingham
7-Eleven’s Japanese Parent Company to Spin Off North American Operations
Seven & i operates more than 85,000 stores with different brands across US and Asia. Continue Reading 7-Eleven’s Japanese Parent Company to Spin Off North American Operations
European Central Bank Cuts Rates Again
“The disinflation process is well on track,” said the ECB. Continue Reading European Central Bank Cuts Rates Again
Mortgage Rates Continue to Drop
The 30-year fixed-rate mortgage averaged 6.63% as of March 6. Continue Reading Mortgage Rates Continue to Drop
Tech Trends: The Latest AI Developments in the Real Estate Industry
New developments in the use of AI in the real estate industry. Continue Reading Tech Trends: The Latest AI Developments in the Real Estate Industry
Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area
Roughly half the markets considered least likely to decline fell in Wisconsin, Virginia, Tennessee and Pennsylvania. Continue Reading Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area
Wyoming Governor Signs 25% Property Tax Exemption into Law
The new law takes effect immediately and does not have a sunset date. Continue Reading Wyoming Governor Signs 25% Property Tax Exemption into Law
Richmond American Homes to Open Arden at Bedford in Corona, California
Pricing on the homes begins in the $900,000s. Continue Reading Richmond American Homes to Open Arden at Bedford in Corona, California
Joint Venture to Develop $400 Million, 670-Unit Residential Project in New Jersey
BNY led the financing of a $225 million senior secured construction loan in a three-bank deal. Continue Reading Joint Venture to Develop $400 Million, 670-Unit Residential Project in New Jersey
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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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