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SITE Centers Corp. Sells 5 Retail Plazas
The company did not identify the buyers of the properties. Continue Reading SITE Centers Corp. Sells 5 Retail Plazas
SITE Centers Corp. Sells 5 Retail Plazas
The company did not identify the buyers of the properties. Continue Reading SITE Centers Corp. Sells 5 Retail Plazas
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...
Matthew Abrusci Named EVP and General Counsel at Freddie Mac
Freddie Mac (OTCQB: FMCC) has hired Matthew D. Abrusci as executive vice president, general counsel and corporate secretary. Abrusci brings more than three decades of financial services experience spanning banking, capital markets, and securities law. He was...
Housing Supply Drops to 2-Year Low
Active listings of homes for sale during August were down by 1.4% from July, according to data from Redfin. This marked the largest seasonally adjusted decline since June 2023. Although active listings last month were up 9.7% year-over-year, this marked the smallest...
NEWS & CURRENT EVENTS
15% of Home Purchase Agreements Fell Through in July
San Antonio led the nation with 730 aborted home-purchase agreements in July, equal to 22.7% of homes that went under contract last month. Continue Reading 15% of Home Purchase Agreements Fell Through in July
Zombie Properties on the Rise
“Vacant and zombie homes can hurt the value of surrounding properties and start a negative spiral in a local housing market,” said Rob Barber, CEO of ATTOM. Continue Reading Zombie Properties on the Rise
Single-Family Built-for-Rent Construction Down in Q2
Approximately 12,000 SFBFRs were started, down from 25,000 starts in the second quarter of 2024. Continue Reading Single-Family Built-for-Rent Construction Down in Q2
REMAX: Homes Sales Steady, But Taking Longer to Sell
The median sales price in July was $450,000, down 1.1% from June. Continue Reading REMAX: Homes Sales Steady, But Taking Longer to Sell
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
New Single-Family Home Sales Sank in January
The median sales price of new houses sold last month was $446,300 while the average sales price was $510,000. Continue Reading New Single-Family Home Sales Sank in January
Missouri Woman Pleads Guilty to Graceland Foreclosure Scheme
Lisa Jeanine Findley, who was arrested last August, entered her guilty plea in a Memphis federal court. Continue Reading Missouri Woman Pleads Guilty to Graceland Foreclosure Scheme
Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community
District South will be located on a 21-acre site and will feature 365 multifamily units, 90 for-rent townhomes, six carriage homes, and 13 retail spaces. Continue Reading Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community
Mortgage Application Activity Slows Down
The Refinance Index decreased 4% from the previous week and was 45% higher than the same week one year ago. Continue Reading Mortgage Application Activity Slows Down
Georgia Home Sales Up 2% from Last Year
The median sales price increased by 3% to $349,900 while the average sales price rose by 6% to $426,710. Continue Reading Georgia Home Sales Up 2% from Last Year
Report: 13% of GSA’s Real Estate Shop Workforce Takes Deferred Resignation Offer
The departures do not include employees in their probationary period that were recently fired by the GSA. Continue Reading Report: 13% of GSA’s Real Estate Shop Workforce Takes Deferred Resignation Offer
Invitation Homes Promotes Timothy J. Lobner to Chief Operating Officer
Before beginning his real estate career, Lobner served as a nuclear submarine officer in the United States Navy from 1999 to 2005. Continue Reading Invitation Homes Promotes Timothy J. Lobner to Chief Operating Officer
CFPB Acting Director Vought Says White House Will Not Shut Down the Agency
President Trump nominated Jonathan McKernan to become the next CFPB director. Continue Reading CFPB Acting Director Vought Says White House Will Not Shut Down the Agency
Electric Vehicle Chargers to be Turned Off at Federal Buildings
The Trump administration has aggressively pushed to roll back the EV policies of former President Joe Biden. Continue Reading Electric Vehicle Chargers to be Turned Off at Federal Buildings
Ex-Zillow Executives Launch HouseWhisper, AI-Powered Assistant for Real Estate Professionals
HouseWhisper has been in beta for about eight months and is already used by over 4,000 agents nationwide. Continue Reading Ex-Zillow Executives Launch HouseWhisper, AI-Powered Assistant for Real Estate Professionals
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