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15% of Home Purchase Agreements Canceled During October
San Antonio led the nation in canceled deals, with over one in five (21%) pending home sales falling through in October. Continue Reading 15% of Home Purchase Agreements Canceled During October
15% of Home Purchase Agreements Canceled During October
San Antonio led the nation in canceled deals, with over one in five (21%) pending home sales falling through in October. Continue Reading 15% of Home Purchase Agreements Canceled During October
Developers of Manhattan’s Mixed-Use Freedom Plaza Commit to 1,080 Affordable Housing Units
The developers of the planned $11.2 billion mixed-use Freedom Plaza in Manhattan announced a commitment to make 1,080 residential units on site permanently affordable. The five-acre site, which is being developed by Soloviev Group and Mohegan, will stretch from 38th...
Chinese EB-5 Investors File Fraud Lawsuit Tied to Northern Marianas Casino-Resort Project
More than 20 Chinese EB-5 investors have filed a $13.4 million lawsuit against developers, immigration agents, and lawyers whom they accuse of duping them into putting placing more than $12 million of EB-5 funds into a casino-resort project in the Northern Marianas....
Report: US Attorney Plans to Resign Under Trump Pressure for Not Bringing Mortgage Fraud Charges Against Letitia James
Erik Siebert, who is serving as the interim US Attorney for the Eastern District of Virginia, has announced plans to resign his position after informing the Department of Justice (DOJ) that his office found insufficient evidence to bring criminal charges over alleged...
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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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
EQT Real Estate Buys 12-Building Logistics Assemblage in Italy
The properties hold an average building age of 10 years and feature Grade A technical specifications. Continue Reading EQT Real Estate Buys 12-Building Logistics Assemblage in Italy
Hits and Misses for the Real Estate Week of Jan. 20-24
The unlikely blame for a mansion’s lack of buyers, AREA’s first local chapter and a grim forecast on Los Angeles’ housing market. Continue Reading Hits and Misses for the Real Estate Week of Jan. 20-24
Florida Home Sales Down Nearly 2% in 2024
For December, Florida recorded 20,784 closed sales of single-family homes, up 12.8% from the prior year. Continue Reading Florida Home Sales Down Nearly 2% in 2024
Forecast: Construction Industry Needs 439,000 Workers in 2025
A new forecast by the Associated Builders and Contractors (ABC) is estimating that an estimated 439,000 net new workers are needed this year to meet anticipated demand for construction services. The forecast also predicted the construction industry will need to bring...
Wyoming Lawmakers Consider Property Tax Exemption for Gold Star Families
Traditionally, the property tax exemption was only extended to a surviving spouse. Continue Reading Wyoming Lawmakers Consider Property Tax Exemption for Gold Star Families
Liberty SBF Launches $100 Million Real Estate Credit Fund
The fund intends to make quarterly income distributions and expects to return investor capital within four years. Continue Reading Liberty SBF Launches $100 Million Real Estate Credit Fund
Sen. Elizabeth Warren Leads Democrats in Opposing Scott Turner for HUD Secretary
Warren said she could not support Turner without first seeing his FBI background check. Continue Reading Sen. Elizabeth Warren Leads Democrats in Opposing Scott Turner for HUD Secretary
Existing Home Sales Up in December
First-time buyers were responsible for 31% of sales in December. Continue Reading Existing Home Sales Up in December
California Attorney General Charges Real Estate Agent with Price Gouging Wildfire Victims
The real estate agent was not identified by Bonta’s office, although media reports identified him as Mike Kobeissi of Kobeissi Properties. Continue Reading California Attorney General Charges Real Estate Agent with Price Gouging Wildfire Victims
Wisconsin Home Sales Up 9.2% Year-Over-Year
The median price rose 13% to $305,000, the strongest price appreciation of the year. Continue Reading Wisconsin Home Sales Up 9.2% Year-Over-Year
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