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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%
Katie Keenan Named CEO at Blackstone Real Estate Income Trust
Blackstone (NYSE: BX) announced the appointment of Katie Keenan as CEO and a director of Blackstone Real Estate Income Trust Inc. (BREIT) and global head of the Core+ Real Estate business. She succeeds Wesley M. LePatner, who served in both roles until she was...
Report: Prosecutors Balking at Trump-Pulte Demands to Indict Letitia James for Mortgage Fraud
The Trump administration is putting pressure on federal prosecutors in Virginia to proceed with a mortgage fraud case against New York Attorney General Letitia Grant, but the prosecutors are pushing by citing a lack of sufficient evidence to proceed with the case....
Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
Hispanic homeowners are increasingly using short-term rentals of their residences to generate income, according to a new survey conducted by the Hispanic Wealth Project and Airbnb (NASDAQ: ABNB). More than 70% of the survey’s Hispanic respondents said short-term...
NEWS & CURRENT EVENTS
34% Property Tax Hike in Utah: Is Your City Next?
Unless citizens demand fiscal discipline and accountability, more communities across America will face the same painful reality. Continue Reading 34% Property Tax Hike in Utah: Is Your City Next?
HUD Initiates English-Only Policy for Department Services
The policy aligns with President Trump’s executive order in March that makes English the nation’s official language. Continue Reading HUD Initiates English-Only Policy for Department Services
Report: Residential Building Worker Wage Growth Slowed in Q2
Average hourly earnings for residential building workers rose to $39.35 in June, up 3.5% increase from the $38.02 level recorded one year ago. Continue Reading Report: Residential Building Worker Wage Growth Slowed in Q2
Prince and Princess of Wales Moving to New ‘Forever Home’
The relocation will be funded privately, and the royal couple will pay market rent on the property. Continue Reading Prince and Princess of Wales Moving to New ‘Forever Home’
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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.
Ukraine Records First Real Estate Purchase by Western Private Fund Since Russian Invasion
The Amsterdam-based Arcona Property Fund (APF) acquired a land plot in central Kyiv for $2 million. Continue Reading Ukraine Records First Real Estate Purchase by Western Private Fund Since Russian Invasion
Redfin to Lay Off 450 Employees Following Partnership with Zillow
The Seattle-based company did not release a press statement on the layoffs. Continue Reading Redfin to Lay Off 450 Employees Following Partnership with Zillow
Craft Retailer Jo-Ann Plans to Close 500 Stores
The company blamed rising inflation and the disruptions created by the Covid-19 pandemic for its current financial difficulties. Continue Reading Craft Retailer Jo-Ann Plans to Close 500 Stores
DHS Claws Back $59 Million Given to NYC Hotels Housing Illegal Immigrants
Four FEMA employees who conducted the transaction, including Chief Financial Officer Mary Comans, have been fired by the DHS. Continue Reading DHS Claws Back $59 Million Given to NYC Hotels Housing Illegal Immigrants
Report: Typical Homebuyer Pays Roughly 2% Less Than the List Price
The typical home that sells takes 56 days to go under contract, the longest span in nearly five years. Continue Reading Report: Typical Homebuyer Pays Roughly 2% Less Than the List Price
PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
The first installment of the series will feature 20 short videos. Continue Reading PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
New Report Highlights Multiple Obstacles Facing First-Time Canadian Homebuyers
Canada is dealing with a population that swelled by 17.4% between 2006 and 2021. Continue Reading New Report Highlights Multiple Obstacles Facing First-Time Canadian Homebuyers
Democrat Lawmakers Demand Removal of Elon Musk’s DOGE From CFPB HQ
“Your efforts to dismantle the CFPB are dangerous, and we will fight them at every turn,” the lawmakers stated. Continue Reading Democrat Lawmakers Demand Removal of Elon Musk’s DOGE From CFPB HQ
Indiana Developer Sentenced for Real Estate Fraud Scheme
In addition to the prison term, Whalen was sentenced to three years of supervised release. Continue Reading Indiana Developer Sentenced for Real Estate Fraud Scheme
Trump Nominates Jonathan McKernan to Become CFPB Director
McKernan stepped down from the board of directors of the Federal Deposit Insurance Corporation to be considered for the CFPB directorship. Continue Reading Trump Nominates Jonathan McKernan to Become CFPB Director
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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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