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Report: Home Delistings Up 28% Year-Over-Year
Roughly one in five homes that were delisted over the summer were re-listed within three months. Continue Reading Report: Home Delistings Up 28% Year-Over-Year
Report: Home Delistings Up 28% Year-Over-Year
Roughly one in five homes that were delisted over the summer were re-listed within three months. Continue Reading Report: Home Delistings Up 28% Year-Over-Year
Steve Bakke Named EVP/CFO at Postal Realty Trust
Postal Realty Trust, Inc. (NYSE: PSTL), a real estate investment trust that owns and manages over 2,200 properties leased primarily to the US Postal Service, announced the appointment of Steve Bakke as executive vice president, chief financial officer and the...
$48 Million Beverly Hills Estate Topped August’s List of Most Expensive Home Sales
The $48 million price tag on the Beverly Hills estate previously owned by billionaire real estate magnate and 2022 Los Angeles mayoral candidate Rick Caruso topped the list of the most expensive home sales during August, according to a new report from Redfin. Two of...
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...
NEWS & CURRENT EVENTS
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
Long-Lost Nazi-Looted Artwork Spotted in Online Real Estate Listing
An 18th century painting that was stolen by the Nazis from a Dutch Jewish art dealer and disappeared for decades has been spotted in an online real estate listing in Argentina. The Dutch newspaper AD reports “Portrait of a Lady” by the Italian painter Vittore...
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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.
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
Report: HUD Cuts Grants to Nonprofits Investigating Fair Housing Complaints
Nearly half of the 162 active grants going to the nonprofits are slated for cancellation. Continue Reading Report: HUD Cuts Grants to Nonprofits Investigating Fair Housing Complaints
BlackRock Acquires Panama Canal Ports for $23 Billion
he Hong Kong-based CK Hutchison is selling the ports. Continue Reading BlackRock Acquires Panama Canal Ports for $23 Billion
Guten Tag, Miami! Germany Tops List of International Property Seekers Aimed at South Florida
Buyers from Argentina purchased the most South Florida real estate among foreign countries in 2024. Continue Reading Guten Tag, Miami! Germany Tops List of International Property Seekers Aimed at South Florida
Rental Housing Groups Ask White House to Review Regulations Impacting Construction and Affordability
The organizations argued the regulations have created more problems than solutions. Continue Reading Rental Housing Groups Ask White House to Review Regulations Impacting Construction and Affordability
J. Blake Sanderson to Lead First Internet Bank’s Commercial Real Estate Business
Sanderson succeeds Nick Campbell, who has been promoted to senior credit officer. Continue Reading J. Blake Sanderson to Lead First Internet Bank’s Commercial Real Estate Business
$2 Billion Construction Loan Originated for Utah AI Data Center
The new data center is designed to provide 175 megawatts of continuous power. Continue Reading $2 Billion Construction Loan Originated for Utah AI Data Center
Former RE/MAX Executive Larry Oberly Teams with Realty One Group on Global Franchise Expansion
“This is just the beginning of our massive efforts to paint the globe gold,” said Kuba Jewgieniew, CEO and founder. Continue Reading Former RE/MAX Executive Larry Oberly Teams with Realty One Group on Global Franchise Expansion
Union Home Mortgage Acquires Nations Reliable Lending
The financial terms of the deal were not disclosed. Continue Reading Union Home Mortgage Acquires Nations Reliable Lending
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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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