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Builder Confidence Remains Flat
41% of builders were cutting prices in November, a record high in the post-Covid period and the first time this measure has passed 40%. Continue Reading Builder Confidence Remains Flat
Builder Confidence Remains Flat
41% of builders were cutting prices in November, a record high in the post-Covid period and the first time this measure has passed 40%. Continue Reading Builder Confidence Remains Flat
Report: White House Offers NYC Mayor Adams a HUD Position if He Drops Re-Election Bid
The Trump administration is reportedly planning to offer New York City Mayor Eric Adams a position in the Department of Housing and Urban Development if he drops his re-election campaign. A Politico report sourced from an unnamed “person with direct knowledge of the...
Developers of Offshore Wind Project Halted by Trump Sue to Void Stop-Work Order
The developers behind the New England-area offshore wind project that was 80% completely before being abruptly halted by the Trump administration has filed a lawsuit to overturn the stop-work order. The New York Times reports Revolution Wind LLC, a joint venture...
Trump’s Fed Pick Says He Will Take Unpaid Leave from White House Job if Confirmed
Stephen Miran, President Trump’s choice to fill a temporary vacancy on the Federal Reserve Board of Governors, surprised a Senate Banking Committee confirmation hearing today by announcing he would not resign his position as chairman of the administration’s Council of...
NEWS & CURRENT EVENTS
Compass Expands in North Carolina with Addition of Cottingham Chalk
Cottingham Chalk’s 70 agents closed $589 million in sales volume during 2024. Continue Reading Compass Expands in North Carolina with Addition of Cottingham Chalk
Rental Housing Developer Sunstone Two Tree Opens Phoenix Office
The new office joins the company’s Westlake Village, California-based headquarters. Continue Reading Rental Housing Developer Sunstone Two Tree Opens Phoenix Office
New Senate Bill Would Recognize Cryptocurrency as Mortgage Collateral
“The American dream of homeownership is not a reality for many young people,” said Sen. Cynthia Lummis. Continue Reading New Senate Bill Would Recognize Cryptocurrency as Mortgage Collateral
Pending Home Sales Down During June
The Northeast recorded a 2.1% uptick in pending home sales from May but remained unchanged from June 2024. Continue Reading Pending Home Sales Down During June
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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.
CFPB Sues Berkshire Hathaway Unit Vanderbilt Mortgage, Alleging ‘Risky Loans’
“Vanderbilt knowingly traps people in risky loans in order to close the deal on selling a manufactured home,” said CFPB Director Rohit Chopra. Continue Reading CFPB Sues Berkshire Hathaway Unit Vanderbilt Mortgage, Alleging ‘Risky Loans’
LaSalle Investment Management Acquires Arizona Industrial Complex
The complex is 92% leased to eight tenants. Continue Reading LaSalle Investment Management Acquires Arizona Industrial Complex
MBA Promotes Jamie Woodwell to SVP
He most recently served as vice president and head of commercial real estate research. Continue Reading MBA Promotes Jamie Woodwell to SVP
CBRE, Citadel Sign New Leases for Manhattan Office Spaces
CBRE will move into the Lever House while Citadel will occupy the Tishman Building. Continue Reading CBRE, Citadel Sign New Leases for Manhattan Office Spaces
Real Estate Veteran Sherry Chris Hired as Special Advisor to NAR’s CEO
Chris was previously an executive advisor at Anywhere Real Estate Inc. Continue Reading Real Estate Veteran Sherry Chris Hired as Special Advisor to NAR’s CEO
Redfin: Housing Affordability Improved Slightly in 2024
The median monthly housing payment for homebuyers hit a record of $2,920 in 2024, rising 4.3% from 2023 and 86% from 2019. Continue Reading Redfin: Housing Affordability Improved Slightly in 2024
The Appraisal Foundation and Farm Credit System Launch Rural Appraisal Practicum Model
The initiative will create a structured, hands-on model tailored to rural and agricultural property appraisals. Continue Reading The Appraisal Foundation and Farm Credit System Launch Rural Appraisal Practicum Model
Saudi Arabia to Create Securitization Market for RMBS
The endeavor is designed to “attract a diverse base of local and global investors in the secondary mortgage market.” Continue Reading Saudi Arabia to Create Securitization Market for RMBS
Michael S. Barr Steps Down as Federal Reserve’s Vice Chairman for Supervision
Barr served as vice chairman for supervision since July 19, 2022. Continue Reading Michael S. Barr Steps Down as Federal Reserve’s Vice Chairman for Supervision
Justin Trudeau Resigns as Canada’s Prime Minister
Justin Trudeau has announced his resignation as Canada’s 23rd prime minister. Continue Reading Justin Trudeau Resigns as Canada’s Prime Minister
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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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