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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 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...
Northeast Florida Brokerage First Coast Joins Christie’s International Real Estate
Christie’s International Real Estate has announced the addition of the Northeast Florida brokerages First Coast to its network. The 130-plus agent firm, which was formerly branded under Engel & Völkers, was established in 2018 by Corey Hasting and has six offices...
Polish Hotelier Offers Free Party for Couples Who Conceive While Staying at His Hotels
Now, here’s something we don’t see every day: a hotel developer in Poland has offered to host a party for customers who conceive while staying at one of his venues. CNN reports Wladyslaw Grochowski is offering to host a free event – such as a christening party – for...
NEWS & CURRENT EVENTS
New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
This is the second ongoing effort to put property tax reform on the Nebraska ballot. Continue Reading New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
The 36-story, 382,500-rentable-square-foot building is based directly above the flagship Saks Fifth Avenue department store. Continue Reading Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
Dillard’s Buys Dallas-Area Mall for $34 Million
The 638,000-square-foot Longview Mall opened in 1978. Continue Reading Dillard’s Buys Dallas-Area Mall for $34 Million
New Home Sales Down 0.6% in July
The median sales price of new houses sold in July was $403,800, a 0.8% dip from June’s price of $407,200 and 5.9% below the July 2024 price of $429,000. Continue Reading New Home Sales Down 0.6% in July
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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.
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
Q4 Investor Homebuying Activity at 8-Year Low
Investors purchased $36.5 billion worth of homes in the fourth quarter. Continue Reading Q4 Investor Homebuying Activity at 8-Year Low
Guest Opinion: Expanding Opportunities for the Construction of Starter Homes and Workforce Housing
Outdated land use and building regulations contribute significantly to the undersupply of housing and housing affordability challenges. Continue Reading Guest Opinion: Expanding Opportunities for the Construction of Starter Homes and Workforce Housing
Zillow: Late May is the Best Time to List a Home
Zillow noted the best time for listings varies among markets. Continue Reading Zillow: Late May is the Best Time to List a Home
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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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