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Florida Businessman Sentenced for Construction Loan Fraud Schemes
David Ingram, 73, previously pleaded guilty to one count of wire fraud. Continue Reading Florida Businessman Sentenced for Construction Loan Fraud Schemes
Florida Businessman Sentenced for Construction Loan Fraud Schemes
David Ingram, 73, previously pleaded guilty to one count of wire fraud. Continue Reading Florida Businessman Sentenced for Construction Loan Fraud Schemes
Kentucky Home Sales and Prices in August Decline
Kentucky recorded 4,581 home sales in August, a 4.23% decline from the prior month but also a 5.9% year-over-year increases. According to data from Kentucky Realtors, the state recorded 6,320 new listings last month, an 8.71% decline from July and a 0.8% uptick from...
South Dakota Task Force Seeks Public Input on Property Tax Relief
South Dakota has become the latest state to put a renewed focus on property tax relief with an upcoming legislative task force meeting that will hear input from homeowners. The Comprehensive Property Tax Task Force will meet on Sept. 22 at the South Dakota State...
Landmark Group Joins The Real Brokerage
The Real Brokerage Inc. (NASDAQ: REAX) announced that Landmark Group, a brokerage serving the Washington, DC metropolitan area, has joined the company. Founded in 2008 and led by Bernadette Cole, Landmark Group brings more than 250 agents who serve the District of...
NEWS & CURRENT EVENTS
Opendoor Technologies Seeks New Leader After CEO Steps Down
Shrisha Radhakrishna, Opendoor’s chief technology and product officer, was named president and interim CEO. Continue Reading Opendoor Technologies Seeks New Leader After CEO Steps Down
Rocket Companies Taps Viral Nation for Social Media Marketing
The new contract follows the success of Rocket’s “Own the Dream” campaign that debuted earlier this year as an advertisement seen during the Super Bowl. Continue Reading Rocket Companies Taps Viral Nation for Social Media Marketing
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
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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.
Vought Pauses Defunding of CFPB Following Lawsuit
The lawsuit alleged Vought could not unilaterally close a federal agency that was created by an act of Congress. Continue Reading Vought Pauses Defunding of CFPB Following Lawsuit
Survey: 1 in 4 Remote Workers Ordered Back to Office No Longer Live Near Their Job
Among the relocating workers, 56% attempted to secure a different job before moving, but most failed to secure a lucrative job offer. Continue Reading Survey: 1 in 4 Remote Workers Ordered Back to Office No Longer Live Near Their Job
New Owner of Michael Jordan’s Chicago Mansion Renting It Out for $230,000 Per Month
Jordan custom-built the residence in 1995 and listed it for $29 million in 2012. Continue Reading New Owner of Michael Jordan’s Chicago Mansion Renting It Out for $230,000 Per Month
Union Claims HUD Plans to Cut Half of Its Workforce
Employees in the Federal Housing Administration will not be impacted by the layoffs. Continue Reading Union Claims HUD Plans to Cut Half of Its Workforce
NYC Real Estate Executive Indicted for $30 Million Bank Fraud Scheme
Kevin Feng Gao is charged with one count of bank fraud, which carries a maximum sentence of 30 years in prison. Continue Reading NYC Real Estate Executive Indicted for $30 Million Bank Fraud Scheme
Crypto-Only Buyer Sought for $28 Million Manhattan Office Property
Okada & Co. acquired 111 West 24th Street in 2021 for $16 million. Continue Reading Crypto-Only Buyer Sought for $28 Million Manhattan Office Property
Tennessee Homeowners Impacted by Hurricane Helene to Receive 130% Refund on Property Taxes
Applications for relief will need to be filed by June 30. Continue Reading Tennessee Homeowners Impacted by Hurricane Helene to Receive 130% Refund on Property Taxes
KKR Raises $850 Million for New Real Estate Credit Strategy
“We believe it is a great time to invest real estate credit,” said Matt Salem, partner and head of real estate credit. Continue Reading KKR Raises $850 Million for New Real Estate Credit Strategy
Housing Supply at 5-Year High, Demand at 5-Year Low
Roughly 41,000 home-purchase agreements were canceled in January. Continue Reading Housing Supply at 5-Year High, Demand at 5-Year Low
Multifamily Developers Express Mixed Views on Market
NAHB Chief Economist Robert Dietz is projecting “multifamily construction will decline again in the first half of 2025.” Continue Reading Multifamily Developers Express Mixed Views on 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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