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Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Northeast Florida Brokerage First Coast Joins Christie’s International Real Estate
Christie’s International Real Estate has announced the addition of the Northeast Florida brokerages First Coast to its network. The 130-plus agent firm, which was formerly branded under Engel & Völkers, was established in 2018 by Corey Hasting and has six offices...
Polish Hotelier Offers Free Party for Couples Who Conceive While Staying at His Hotels
Now, here’s something we don’t see every day: a hotel developer in Poland has offered to host a party for customers who conceive while staying at one of his venues. CNN reports Wladyslaw Grochowski is offering to host a free event – such as a christening party – for...
New Home Sales Surge by 20.5%
Sales of new single-family houses in August were at a seasonally adjusted annual rate of 800,000, a 20.5% surge from the July rate of 664,000 and a 15.4% rise above the August 2024 rate of 693,000. According to estimates released by the US Census Bureau and the...
NEWS & CURRENT EVENTS
New Data Reports Highlight a Wobbly Housing Market
The median home sale price rose 1.4% year-over-year in July to $443,867, the highest July level on record. Continue Reading New Data Reports Highlight a Wobbly Housing Market
Utah City Approves 34% Property Tax Hike
The supporters of this measure cited a $540,000 budget shortfall for fiscal year 2026. Continue Reading Utah City Approves 34% Property Tax Hike
Mortgage Applications for New Home Purchases Surged in July
The average loan size for new homes decreased from $376,077 in June to $372,745 in July. Continue Reading Mortgage Applications for New Home Purchases Surged in July
Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity
The Browns planned to begin construction on the new stadium early next year. Continue Reading Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity
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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.
Mortgage Bankers Association Brings Undergraduate Course to Cleveland State University
The program offers a three-credit undergraduate course on residential mortgage origination and processing. Continue Reading Mortgage Bankers Association Brings Undergraduate Course to Cleveland State University
Jenny Coupland Named CEO of Visio Lending
She replaces co-founders CEO Jeff Ball and President Matt Matza upon their recent retirements. Continue Reading Jenny Coupland Named CEO of Visio Lending
Report: Mauricio Umansky Slapped with $20,000 in Tax Liens
Prominent real estate broker and “Buying Beverly Hills” star Mauricio Umansky was back in the spotlight, albeit for the wrong reasons – the CEO of The Agency and co-founder of the American Real Estate Association was hit with four tax liens totaling $20,000....
Mortgage Application Activity Soars by 33%
The Refinance Index increased 44% from the previous week and was 22% higher than the same week one year ago. Continue Reading Mortgage Application Activity Soars by 33%
Housing and Real Estate Trade Groups Back Scott Turner as Next HUD Secretary
The trade organizations said Turner “understands the value of strengthening public-private partnerships.” Continue Reading Housing and Real Estate Trade Groups Back Scott Turner as Next HUD Secretary
Former Redfin Executive Adam Wiener Becomes President at Lower
Wiener gained industry prominence at Redfin, which he left in 2023 as president of real estate operations. Continue Reading Former Redfin Executive Adam Wiener Becomes President at Lower
D.R. Horton Begins Sales at New South Carolina Community
The new home community will celebrate its Grand Opening on Jan. 18 from 11:00 a.m. to 2:00 p.m. Continue Reading D.R. Horton Begins Sales at New South Carolina Community
William Raveis Real Estate Launches Platform Focused on Nantucket Vacation Rental Market
CEO Bill Raveis called the platform “an invaluable resource for both renters and homeowners.” Continue Reading William Raveis Real Estate Launches Platform Focused on Nantucket Vacation Rental Market
Chris Lim Named EVP and Chief Growth Officer at RE/MAX Holdings
Lim previously served as president of Christie’s International Real Estate. Continue Reading Chris Lim Named EVP and Chief Growth Officer at RE/MAX Holdings
QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash
Beacon did not publicly comment on Jacobs’ letter. Continue Reading QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash
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