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St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Eligible tenants will receive funds for one-time assistance, equal to one month of rent, based on the federal government’s fair market rates established. Continue Reading St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Eligible tenants will receive funds for one-time assistance, equal to one month of rent, based on the federal government’s fair market rates established. Continue Reading St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Commercial and Multifamily Mortgage Debt Outstanding Increased During Q2
The level of commercial/multifamily mortgage debt outstanding reached $4.88 trillion by the end of the second quarter, an increase of $47.1 billion (1%) from the first quarter, according to data from the Mortgage Bankers Association (MBA). Multifamily mortgage debt...
Michael Bailey Promoted to CEO at Zeman Homes
Zeman Homes, the Chicago-headquartered owner-operator of manufactured home communities, has promoted Executive Vice President Michael Bailey to CEO. Bailey will replace interim CEO Jeff Fannon, who returns to his previous post as vice chairman. Prior to joining Zeman...
Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes
Homes that are listed as fixer-uppers receive 52% more page views per property than comparable older, affordable homes, according to a data analysis report by Realtor.com. The typical fixer-upper has three bedrooms, two bathrooms and was built in 1958. These homes had...
NEWS & CURRENT EVENTS
San Antonio Realtors Group Rebrands MLS
The LERA acronym stands for “Local, Expertise, Regional Access.” Continue Reading San Antonio Realtors Group Rebrands MLS
Pittsburgh Universities Put Students in Hotels as Enrollment Overwhelms Dorm Availability
University of Pittsburgh is placing 250 students in a Hampton Inn while Point Park University is housing 90 students at a Wyndham Grand. Continue Reading Pittsburgh Universities Put Students in Hotels as Enrollment Overwhelms Dorm Availability
Trump on Fed Governor Accused of Mortgage Fraud: ‘I’ll Fire Her if She Doesn’t Resign’
There is no precedent for president firing a Federal Reserve governor. Continue Reading Trump on Fed Governor Accused of Mortgage Fraud: ‘I’ll Fire Her if She Doesn’t Resign’
Virginia Home Sales Up 2.4%
The statewide median sales price in July was $435,000, a $9,000 increase for a 2.1% year-over-year bump-up. Continue Reading Virginia Home Sales Up 2.4%
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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.
Alpha Residential to Launch 352-Unit Community in Pittsburgh Area
The development will be located 13 miles from downtown Pittsburgh. Continue Reading Alpha Residential to Launch 352-Unit Community in Pittsburgh Area
FHA Union Claims Workplace Layoffs are Imminent
Antonio Gaines said it was uncertain how many FHA workers would be laid off Continue Reading FHA Union Claims Workplace Layoffs are Imminent
Shant Banosian Named President of Rate Mortgage
Banosian joined the company (formerly Guaranteed Rate) in 2007 and was most recently executive vice president for sales. Continue Reading Shant Banosian Named President of Rate Mortgage
Ohio Real Estate Agent Fired After Leaving Hateful Message on Mexican Restaurant Receipt
Stephanie Lovins wrote “I hope Trump deports you!!!” on the receipt. Continue Reading Ohio Real Estate Agent Fired After Leaving Hateful Message on Mexican Restaurant Receipt
GSA Identifies 440 Federal Buildings as ‘Non-Core Assets’
The properties encompass nearly 80 million rentable square feet across the nation with over $8.3 billion in recapitalization needs. Continue Reading GSA Identifies 440 Federal Buildings as ‘Non-Core Assets’
Refinancing Fuels 20.4% Upswing in Mortgage Application Activity
The seasonally adjusted Purchase Index increased 9% from one week earlier. Continue Reading Refinancing Fuels 20.4% Upswing in Mortgage Application Activity
FCP Acquires 400-Unit Florida Multifamily Community
Built in 1998, the property has a 94% occupancy rate and offers an array of amenities including a swimming pool, clubhouse, and fitness center. Continue Reading FCP Acquires 400-Unit Florida Multifamily Community
BGIS CEO Gordon Hicks Awarded the King Charles III Coronation Medal
The medal celebrates Canadians who have made a significant contribution to Canada or an outstanding achievement abroad that brings credit to Canada. Continue Reading BGIS CEO Gordon Hicks Awarded the King Charles III Coronation Medal
A Phil Hall Op-Ed: Taking a New Look at the Community Reinvestment Act
Editor Phil Hall considers the role of the Carter-era legislation in today’s financial services industry. Continue Reading A Phil Hall Op-Ed: Taking a New Look at the Community Reinvestment Act
Real Estate Agent Starts Effort to Recall LA Mayor Bass
Sahil Nandwani is a donor to the state Republican Party. Continue Reading Real Estate Agent Starts Effort to Recall LA Mayor Bass
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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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