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New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
Redfin has reported the number of Canadians using its platform to search for US home purchases or rental housing declined 19.5% year-over-year in August. The Seattle-based division of Rocket Companies (NYSE: RKT) began tracking a drop in Canadians searching for US...
Bridge Housing Launches Its First Private Equity Fund
Bridge Housing, the San Francisco-based nonprofit affordable housing owner and developer focused on West Coast markets, has launched its first private equity fund. Bridge Housing Impact Fund I is in the process of raising $350 million of equity, enabling about $1...
Canada Creates Federal Agency Focused on Affordable Housing While Home Sales Continue to Rise
Canadian Prime Minister Mark Carney has created a new endeavor designed to expand affordable housing opportunities, while new data shows Canadian home sales are rebounding. According to a statement from Carney’s office, the newly launched Build Canada Homes is a...
NEWS & CURRENT EVENTS
Three Out of Four Metro Areas Saw Q2 Home Price Increases
The national median single-family existing-home price reached a record high at $429,400. Continue Reading Three Out of Four Metro Areas Saw Q2 Home Price Increases
Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing
By the end of July, there were 23,804 listings available for sale across the Bright MLS service area, a 26.2% year-over-year spike. Continue Reading Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing
Lawsuit Accuses LA Dodgers’ Ohtani and Agent of Disrupting $240 Million Hawaii Real Estate Deal
The lawsuit said the developers spent 11 years working on the project and signed an endorsement deal in 2023 with Ohtani. Continue Reading Lawsuit Accuses LA Dodgers’ Ohtani and Agent of Disrupting $240 Million Hawaii Real Estate Deal
New Rental Housing Community Planned for Downtown Toronto
The developers, who previously collaborated on condominium projects, said they planned to identify and pursue additional purpose-built rental opportunities. Continue Reading New Rental Housing Community Planned for Downtown Toronto
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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.
New Initiative Targets $1 Billion for Nordic Real Estate Financing
The partnership will deploy $1 billion on whole loan lending in Denmark, Finland, Norway, and Sweden. Continue Reading New Initiative Targets $1 Billion for Nordic Real Estate Financing
A Phil Hall Op-Ed: Real Estate, Crypto and the Trump Agenda
Editor Phil Hall opines on the intersection of real estate, cryptocurrency and federal regulations. Continue Reading A Phil Hall Op-Ed: Real Estate, Crypto and the Trump Agenda
CMBS Delinquency Rate Down by 1 Basis Point
One year ago, the CMBS delinquency rate was 4.66%. Continue Reading CMBS Delinquency Rate Down by 1 Basis Point
North Dakota Lawmakers Consider Expanding Homestead Property Tax Credit
Rep. Nels Christianson, the bill’s sponsor, said his legislation provides property tax relief to residents who need it the most. Continue Reading North Dakota Lawmakers Consider Expanding Homestead Property Tax Credit
Cornerstone Capital Bank Launches Community Lending Division
The bank stated it will seek “to close racial and economic gaps in homeownership and help families achieve their dream of owning a home.” Continue Reading Cornerstone Capital Bank Launches Community Lending Division
NAR Accepting Applications for 2025 Good Neighbor Awards
Five winners will each receive a $10,000 grant for their nonprofit organization. Continue Reading NAR Accepting Applications for 2025 Good Neighbor Awards
Trump Names Treasury Secretary Bessent as Acting CFPB Director
Bessent will take the leadership role from Rohit Chopra, who was fired on Saturday. Continue Reading Trump Names Treasury Secretary Bessent as Acting CFPB Director
Home Builders Give Thumbs Down to Trump’s Tariffs on Canada and Mexico
“Tariffs on lumber and other building materials increase the cost of construction,” said NAHB Chairman Carl Harris. Continue Reading Home Builders Give Thumbs Down to Trump’s Tariffs on Canada and Mexico
GOP Cheers, Democrats Slam Trump’s Firing of CFPB Director Rohit Chopra
Sen. Chuck Schumer predicted a “Golden Age of predatory lending.” Continue Reading GOP Cheers, Democrats Slam Trump’s Firing of CFPB Director Rohit Chopra
Pittsburgh-Area Mall Sells for $34 Million
The company bought the mail in 2004 for $231.2 million. Continue Reading Pittsburgh-Area Mall Sells for $34 Million
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