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Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
NYC Real Estate Executives Hold Strategy Meeting to Prevent Mamdani Becoming Mayor
A circle of New York City real estate executives is meeting this morning to discuss supporting Andrew Cuomo as the candidate to defeat Zohran Mamdani in the city’s upcoming mayoral election. The New York Times reports Jeff Blau, the developer of Hudson Yards, and his...
Housing Market Hit Record $55.1 Trillion
Today’s housing market is worth a record $55.1 trillion, according to new data from Zillow (NASDAQ: Z, ZG). This marked an $862 billion surge in the past year and $20 trillion increase since 2020. Seven states saw their housing markets lose value over the past year,...
Edmonton Duo Charged with Real Estate Investing Scam
A pair of Edmonton residents have been charged with running a real estate investment scam that included mortgage fraud. According to the charges brought against them, Yuvraj Verma and Rohit Sethi used several corporations, including Cancom Development Ltd. and Roxdale...
NEWS & CURRENT EVENTS
Wells Fargo CEO Charles Scharf to Become Chairman of the Board
When Scharf becomes chairman, the Wells Fargo board intends to appoint a lead independent director. Continue Reading Wells Fargo CEO Charles Scharf to Become Chairman of the Board
Q2 Commercial and Multifamily Mortgage Originations Up 66% from Last Year
On a year-over-year measurement, there was a 140% spike in the dollar volume of loans for office properties. Continue Reading Q2 Commercial and Multifamily Mortgage Originations Up 66% from Last Year
The Link at Uptown, Dallas Office Property, Sells for $218 Million
The property’s leases were all signed post-pandemic. Continue Reading The Link at Uptown, Dallas Office Property, Sells for $218 Million
NYC Housing Lottery Applicants Impacted by Data Breach
The online platform at the center of the breach is managed by Reside New York, a third-party vendor. Continue Reading NYC Housing Lottery Applicants Impacted by Data Breach
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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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