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Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
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...
Homebuyer’s Lawsuit Accuses Zillow of Deceptive Practices
A Portland homebuyer is suing Zillow (NASDAQ: Z, ZG) for allegedly tricking him into splitting his agent’s commission with the Seattle-based brokerage. The Seattle Times is reporting the lawsuit filed with the US District Court for the Western District of Washington...
NEWS & CURRENT EVENTS
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.58% as of Aug. 21. Continue Reading Mortgage Rates Remain Flat
Ben Sizemore Named Chief Information Officer at Land Gorilla
Sizemore previously served as chief technology officer at Bayview Loans and Lakeview Loan Servicing. Continue Reading Ben Sizemore Named Chief Information Officer at Land Gorilla
Appeals Court Voids $524 Million Penalty in Trump Fraud Case
The president declared “total victory.” Continue Reading Appeals Court Voids $524 Million Penalty in Trump Fraud Case
How Sweet It Is! Jackie Gleason’s UFO-Inspired Home Listed for $5.5 Million
Completed in 1959 and nicknamed “The Mothership,” the 7,000-square-foot roundhouse design took five years to construct with a no-expense-spared budget. Continue Reading How Sweet It Is! Jackie Gleason’s UFO-Inspired Home Listed for $5.5 Million
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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.
Buy a House, Get Free Eggs? Viral Video Highlights Unlikely Buyer Incentive
The signs were the work of Raleigh-based Diane Kleckner of eXp Realty. Continue Reading Buy a House, Get Free Eggs? Viral Video Highlights Unlikely Buyer Incentive
Ex-Real Estate Attorney Charged with Stealing Client’s Funds
Brian Schmidt pleaded not guilty and was released on his own recognizance pending further proceedings. Continue Reading Ex-Real Estate Attorney Charged with Stealing Client’s Funds
NYC’s Historic Roosevelt Hotel to Cease Operating as Migrant Shelter
More than 173,000 migrants have registered at the hotel. Continue Reading NYC’s Historic Roosevelt Hotel to Cease Operating as Migrant Shelter
SEC Brings New Charges Against Elie Schwartz
Schwartz’s previous guilty plea to one count of wire fraud could result in a maximum penalty of 20 years in prison. Continue Reading SEC Brings New Charges Against Elie Schwartz
Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million
The sale was facilitated by Institutional Property Advisors (IPA) Phoenix, who served as the selling broker. Continue Reading Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million
Survey: 70% of Remote/Hybrid Workers Would Rather Get New Job Than Return to Office
Geographically, employees in the Northeast (45%) and the South (45%) were most likely to seek alternative employment. Continue Reading Survey: 70% of Remote/Hybrid Workers Would Rather Get New Job Than Return to Office
A Phil Hall Op-Ed: 60 Minutes vs. DOGE vs. CFPB
Editor Phil Hall dissects a “60 Minutes” piece on the state of the CFPB. Continue Reading A Phil Hall Op-Ed: 60 Minutes vs. DOGE vs. CFPB
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
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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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