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Private Connecticut Island Sells at a Discount
The 18-acre Hay’s Island includes an 8,684-square-foot, six-bedroom mansion built in 2010. Continue Reading Private Connecticut Island Sells at a Discount
Private Connecticut Island Sells at a Discount
The 18-acre Hay’s Island includes an 8,684-square-foot, six-bedroom mansion built in 2010. Continue Reading Private Connecticut Island Sells at a Discount
Congressional Real Estate Caucus Introduces Bill to Address Housing Affordability
The leadership of the Congressional Real Estate Caucus have introduced a new bill that seeks to address the nation’s housing affordability challenges. The bipartisan Saving the American Dream Act will create an interagency task force to confront issues including...
Canadian Housing Starts Drop 16% in August
Housing starts mostly were down 16% in Canada during August, with a total of 245,791 units compared to July’s total of 293,537 units. According to data from the Canada Mortgage and Housing Corporation (CMHC), actual housing starts were up 10% year-over-year in centers...
Report: Trump to Take Lisa Cook Ouster Efforts to the Supreme Court
The Trump administration is planning to continue its effort to remove Federal Reserve Gov. Lisa Cook by taking its case to the US Supreme Court. The New York Times, sourcing its information from an unnamed “administration official who spoke on the condition of...
NEWS & CURRENT EVENTS
Kanye West’s Unfinished Malibu Beach House Back on the Market at Reduced Price
West purchased the property in 2021 for $57 million but left unfinished after a highly publicized but ill-fated renovation project. Continue Reading Kanye West’s Unfinished Malibu Beach House Back on the Market at Reduced Price
Mortgage Rates at 10-Month Low
“Purchase application activity is improving as borrowers take advantage of the decline in mortgage rates,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates at 10-Month Low
Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
“I didn’t tell the Fed what to do,” Bessent said. Continue Reading Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Most of the international buyers of Texas houses came from Mexico (30%), followed by Canada and China (each at 8%), India (7%), and Nigeria (6%). T Continue Reading Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
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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.
Zillow: 62% of Black Buyers Purchased Their First Home in 2024
Zillow found that St. Louis was the most affordable housing market for typical Black households last year. Continue Reading Zillow: 62% of Black Buyers Purchased Their First Home in 2024
RE/MAX: New Listings and Inventory Up in January
The markets with the biggest year-over-year increase in new listings percentage were Seattle (+32.9%), Anchorage (+29.0%), and Des Moines (+28.4%). Continue Reading RE/MAX: New Listings and Inventory Up in January
Ground Broken for New 770-Acre Master-Planned Community in Texas
The community will include approximately 2,400 single-family home lots. Continue Reading Ground Broken for New 770-Acre Master-Planned Community in Texas
Retailer Forever 21 Plans Store Closures While Mulling Bankruptcy
If a buyer cannot be secured, Forever 21 will most likely be forced to shut down its entire 350-store chain. Continue Reading Retailer Forever 21 Plans Store Closures While Mulling Bankruptcy
HUD’s Turner Cancels $4 Million in DEI Contracts
“DEI here at HUD is dead,” said Secretary Scott Turner. Continue Reading HUD’s Turner Cancels $4 Million in DEI Contracts
Warren and Schiff Claim Elon Musk Brings Conflicts of Interest to DOGE Actions at CFPB
Musk did not immediately comment on the senators’ assertions and demands. Continue Reading Warren and Schiff Claim Elon Musk Brings Conflicts of Interest to DOGE Actions at CFPB
California Home Sales Slumped in January
January’s statewide median price of $838,850 was down 2.6% from December’s $861,020. Continue Reading California Home Sales Slumped in January
Buyers Willing to Pay Nearly 4% More for a Remodeled Home Rather Than a Fixer-Upper
Zillow found that remodeled listings on its platform generated 26% more daily saves. Continue Reading Buyers Willing to Pay Nearly 4% More for a Remodeled Home Rather Than a Fixer-Upper
Feds Shut Down NYC’s Congestion Pricing Toll Program
The program was introduced in early January and charged most drivers who entered Manhattan between 60th Street and the lower tip of the island. Continue Reading Feds Shut Down NYC’s Congestion Pricing Toll Program
Duracell Relocates R&D Headquarters from Connecticut to Atlanta
The new R&D facility is scheduled to open in Summer 2026. Continue Reading Duracell Relocates R&D Headquarters from Connecticut to Atlanta
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