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Hits and Misses for the Real Estate Week of Nov. 17-21
An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. Continue Reading Hits and Misses for the Real Estate Week of Nov. 17-21
Hits and Misses for the Real Estate Week of Nov. 17-21
An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. Continue Reading Hits and Misses for the Real Estate Week of Nov. 17-21
Developers of Manhattan’s Mixed-Use Freedom Plaza Commit to 1,080 Affordable Housing Units
The developers of the planned $11.2 billion mixed-use Freedom Plaza in Manhattan announced a commitment to make 1,080 residential units on site permanently affordable. The five-acre site, which is being developed by Soloviev Group and Mohegan, will stretch from 38th...
Chinese EB-5 Investors File Fraud Lawsuit Tied to Northern Marianas Casino-Resort Project
More than 20 Chinese EB-5 investors have filed a $13.4 million lawsuit against developers, immigration agents, and lawyers whom they accuse of duping them into putting placing more than $12 million of EB-5 funds into a casino-resort project in the Northern Marianas....
Report: US Attorney Plans to Resign Under Trump Pressure for Not Bringing Mortgage Fraud Charges Against Letitia James
Erik Siebert, who is serving as the interim US Attorney for the Eastern District of Virginia, has announced plans to resign his position after informing the Department of Justice (DOJ) that his office found insufficient evidence to bring criminal charges over alleged...
NEWS & CURRENT EVENTS
Leadership Shake-Up at Target with New CEO
Brian Cornell became CEO in 2014, the first chief executive to come into the leadership role from outside of the company. Continue Reading Leadership Shake-Up at Target with New CEO
FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud
Pulte said “the DOJ should go wherever the facts may lead them.” Continue Reading FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud
Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations
Last month, President Trump accused Schiff of mortgage fraud while the lawmaker was a member of the House of Representatives. Continue Reading Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations
Mortgage Application Activity Down Slightly
Among the federal program, the FHA share of total applications increased to 19.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Down Slightly
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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.
Craft Retailer Jo-Ann to Close All 800 Stores
On Feb. 12, the company stated it would close 500 stores. Continue Reading Craft Retailer Jo-Ann to Close All 800 Stores
Blackstone Pays $5.65 Billion for Safe Harbor Marinas
Sun Communities acquired Safe Harbor Marinas in September 2020 for $2.11 billion. Continue Reading Blackstone Pays $5.65 Billion for Safe Harbor Marinas
New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
The average loan size for new homes increased from $400,930 in December to $403,416 in January. Continue Reading New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
TECfusions Acquires 73 Acres for Virginia Data Center Expansion
The financial aspects of the acquisition were not disclosed Continue Reading TECfusions Acquires 73 Acres for Virginia Data Center Expansion
Apollo Global Management Acquires Bridge Investment Group Holdings for $1.5 Billion
Bridge Executive Chairman Bob Morse will become an Apollo partner and lead Apollo’s real estate equity franchise. Continue Reading Apollo Global Management Acquires Bridge Investment Group Holdings for $1.5 Billion
AI-Produced Video of Trump Kissing Musk’s Feet Broadcast at HUD HQ
HUD spokesperson Kasey Lovett said in a statement, “Another waste of taxpayer dollars and resources. Appropriate action will be taken for all involved.” Continue Reading AI-Produced Video of Trump Kissing Musk’s Feet Broadcast at HUD HQ
Newsom Asks Congress for $40 Billion for Wildfire Recovery Aid
“Make no mistake, Los Angeles will use this money wisely,” Newsom stated. Continue Reading Newsom Asks Congress for $40 Billion for Wildfire Recovery Aid
Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop
The statewide inventory in January for existing single-family homes was up year-over-year by 31.3% and up 39.3% for condo-townhouse units. Continue Reading Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop
New York State Home Sales Up for Second Straight Month
Median sales prices swelled by 10.5% to $420,000 from $380,000 one year earlier. Continue Reading New York State Home Sales Up for Second Straight Month
Data Study Finds Trump Has Not Disrupted DC-Area Housing Market
The only notable change to occur was an uptick in the listings and buyers for the ultra-luxury real estate markets. Continue Reading Data Study Finds Trump Has Not Disrupted DC-Area Housing Market
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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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