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Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
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...
Judge Rules Work Can Resume on Trump-Blocked New England Offshore Wind Project
A federal judge has granted a preliminary injunction that will temporarily allow for the continued construction on a nearly completed offshore wind project that was shut down by the Trump administration. The Hill reports Judge Royce Lamberth, a Reagan appointee, said...
New Pilot Program Aimed at Expanding Homeownership in Detroit
The Michigan State Housing Development Authority (MSHDA) is partnering with the Tobias Harris Homeownership Initiative (THHI), a program backed by Detroit Pistons icon Tobias Harris, on a new shared-appreciation mortgage pilot with Guild Mortgage and Homium that is...
NEWS & CURRENT EVENTS
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
Revived Bed Bath & Beyond Retail Chain Will Not Open Stores in California
Marcus Lemonis faulted the California business environment for “higher taxes, higher fees, higher wages that many businesses simply cannot sustain.” Continue Reading Revived Bed Bath & Beyond Retail Chain Will Not Open Stores in California
Report: Trump May Try to Fire Fed Governor Following Mortgage Fraud Accusation
Pulte ignored questions posed to him on X on who authorized an investigation into Cook’s mortgage papers. Continue Reading Report: Trump May Try to Fire Fed Governor Following Mortgage Fraud Accusation
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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.
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
Single-Family Housing Starts Down by 8.4%
Single-family housing completions in January were at a rate of 982,000, a 7.1% rise from the revised December rate of 917,000. Continue Reading Single-Family Housing Starts Down by 8.4%
Mortgage Application Activity and Forbearance Levels Go in Decline
The MBA reported the total number of loans now in forbearance decreased to 0.40% as of Jan. 31. Continue Reading Mortgage Application Activity and Forbearance Levels Go in Decline
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