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Median for Luxury Home Sales Prices Hit New Record High for October
Last month’s price was a 5.5% year-over-year increase. Continue Reading Median for Luxury Home Sales Prices Hit New Record High for October
Median for Luxury Home Sales Prices Hit New Record High for October
Last month’s price was a 5.5% year-over-year increase. Continue Reading Median for Luxury Home Sales Prices Hit New Record High for October
Forecast Warns of 10% Spike in Electric Heating Costs This Winter
Households that heat their residences with electricity could see a 10.2% increase in their winter heating bills to an average of $1,205 this year, up from $1,093 last winter. According to a forecast from the National Energy Assistance Directors Association (NEADA),...
Florida Records Surge in Pending Home Sales
Florida recorded 21,798 closed sales of existing single-family homes in August, down 3.9% year-over-year, while existing condo-townhouse sales totaled 7,424, down 6% from one year earlier. According to data from Florida Realtors, new pending sales of single-family...
California Man Sentenced for Belize-Based Real Estate Scam
A California man was sentenced to eight years in prison for coordinating real estate scam in Belize that defrauded hundreds of victims out of approximately $77 million. Newport Beach-based Andris Pukke, who also went by the aliases Marc Romeo and Andy Storm,...
NEWS & CURRENT EVENTS
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
New Website Offers Information for Households Moving to Texas
The site will offer advice on moving plus the cost of living, and cultural differences that are unique to Texas. Continue Reading New Website Offers Information for Households Moving to Texas
Trump Halts Work on Offshore Wind Project to Power 350,000 CT and RI Homes
The $1.5 billion was 80% completed at the time of Giacona’s letter, according to Orsted. Continue Reading Trump Halts Work on Offshore Wind Project to Power 350,000 CT and RI Homes
Lennar Debuts New San Diego-Area Master-Planned Community
Pricing at the community starts in the mid-$900,000s. Continue Reading Lennar Debuts New San Diego-Area Master-Planned Community
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Builders Thank Trump for Partial Tariff Pause, But Express Concern Over Possible Trade War
“NAHB will continue to work with the administration to cut regulations, boost domestic lumber output and further rein in housing costs,” said Chairman Buddy Hughes. Continue Reading Builders Thank Trump for Partial Tariff Pause, But Express Concern Over Possible Trade War
Conservation Group Buys 3,100-Acre New York Forest Parcel for $6.2 Million
The property had been the subject of a mixed-use development proposal encompassing housing, resort, and commercial uses. Continue Reading Conservation Group Buys 3,100-Acre New York Forest Parcel for $6.2 Million
Rocket Mortgage to Exit the Canadian Market
Rocket Mortgage plans to complete its exit from the market by June 27. Continue Reading Rocket Mortgage to Exit the Canadian Market
Bipartisan Bill Seeks to Expand Section 8 Voucher Program
The bill would also “encourage HUD to reform its annual evaluation of PHAs to promote an increase in the diversity of neighborhoods where vouchers are used.” Continue Reading Bipartisan Bill Seeks to Expand Section 8 Voucher Program
Study: Municipal Fees Drive Up Canadian Homebuilding Costs
CHBA predicted the 2022-2031 period will become the decade with the fewest homes built per new persons added to the Canadian population since at least 1972. Continue Reading Study: Municipal Fees Drive Up Canadian Homebuilding Costs
Executive Shake-Up at loanDepot
Frank Martell will step down as president, CEO and a board member. Continue Reading Executive Shake-Up at loanDepot
Matthew Cenedella Named CFO at National Association of Realtors
Cenedella will succeed NAR’s longtime CFO John Pierpoint, who will retire at the end of the month. Continue Reading Matthew Cenedella Named CFO at National Association of Realtors
Tulsa’s McGraw Realtors Acquires Arkansas Brokerage
McGraw was founded in 1938 and operates 21 offices across Oklahoma, Arkansas, and Colorado. Continue Reading Tulsa’s McGraw Realtors Acquires Arkansas Brokerage
Harbert South Bay Partners to Construct San Francisco Area Luxury Senior Living Community
The Whitford of Dublin will host a groundbreaking ceremony on April 8. Continue Reading Harbert South Bay Partners to Construct San Francisco Area Luxury Senior Living Community
Habitat for Humanity to Create $82.5 Million Property Acquisition Fund
The new initiative is a projected 5% increase over Habitat’s most recent baseline production of 3,482 housing units. Continue Reading Habitat for Humanity to Create $82.5 Million Property Acquisition Fund
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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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