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Granite Real Estate Investment Trust to Delist from the NYSE
Granite has also filed an application for its units to be quoted on the OTCQX platform, to begin trading on or about Dec. 23. Continue Reading Granite Real Estate Investment Trust to Delist from the NYSE
Granite Real Estate Investment Trust to Delist from the NYSE
Granite has also filed an application for its units to be quoted on the OTCQX platform, to begin trading on or about Dec. 23. Continue Reading Granite Real Estate Investment Trust to Delist from the NYSE
Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
A former Calgary realtor who acknowledged running a Ponzi scheme that defrauded dozens of people out of more than $3.5 million has been banned for life from working in Alberta’s real estate industry. The Calgary Herald reports Eric Drinkwater received his permanent...
Virginia Home Sales Hold Steady Amid Surge in New Listings
A total of 9,423 homes were sold statewide in Virginia during August just 15 more than one year before, marking a scant 0.2% uptick. According to data from Virginia Realtors, August also saw 24,606 active listings statewide, a 26.2% surge from last year. Nearly 13,000...
Forecast Warns of 10% Spike in Electric Heating Costs This Winter
Households that heat their residences with electricity could see a 10.2% increase in their winter heating bills to an average of $1,205 this year, up from $1,093 last winter. According to a forecast from the National Energy Assistance Directors Association (NEADA),...
NEWS & CURRENT EVENTS
Connecticut Cities Increase Fines Against Landlords with Blighted Properties
New Haven and Waterbury are fighting blight in their neighborhoods. Continue Reading Connecticut Cities Increase Fines Against Landlords with Blighted Properties
Essay Contest Offers Unique Grand Prize: A Luxury Home in Virginia
Submissions are due by Sept. 29 and must be accompanied by a $200 entry fee. Continue Reading Essay Contest Offers Unique Grand Prize: A Luxury Home in Virginia
Canadian Home Sales and Prices Up During July
The non-seasonally adjusted national average home price was $672,784 in July Continue Reading Canadian Home Sales and Prices Up During July
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
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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.
Coca-Cola Foundation Awards $200,000 Grant to Operation Homefront
Since 2008, Operation Homefront has provided over 7,000 months of housing to more than 760 families, saving them nearly $8.5 million in rent and utilities. Continue Reading Coca-Cola Foundation Awards $200,000 Grant to Operation Homefront
A Phil Hall Op-Ed: The Buck Doesn’t Stop Here
Editor Phil Hall considers why Gov. Gavin Newsom and Mayor Karen Bass are not taking responsibility for a lack of preparedness over the Los Angeles fires. Continue Reading A Phil Hall Op-Ed: The Buck Doesn’t Stop Here
Texas Luxury Housing Market Sales Up 10% Year-Over-Year
While only 4% of all homes sold in Texas were million-dollar homes, those properties accounted for 15.7% of all residential sales dollar volume in the state. Continue Reading Texas Luxury Housing Market Sales Up 10% Year-Over-Year
Report: The Worst Housing Market for Growth Is…
Among the states, Florida was home to the most housing markets with the worst growth activity. Continue Reading Report: The Worst Housing Market for Growth Is…
North Carolina Realtor Arrested in Triple Murder Case
There was no known relationship between David Lever and the victims. Continue Reading North Carolina Realtor Arrested in Triple Murder Case
Report: Bill Ackman Proposes Merger with Howard Hughes Holdings
The company did not immediately respond to Ackman’s proposal. Continue Reading Report: Bill Ackman Proposes Merger with Howard Hughes Holdings
Sagard Real Estate Acquires Denver-Area Multifamily Community
The real estate investment firm Sagard Real Estate, formerly EverWest Real Estate Investors, has acquired Alta Green Mountain, a Class A multifamily community located in Colorado’s West Denver submarket. Built in 2020, Alta Green Mountain features 260 luxury units...
Supreme Court Declines to Hear NAR’s Attempt to Stop DOJ’s Restart of Investigation
It is unclear if the incoming Trump administration will drop the DOJ’s case against NAR. Continue Reading Supreme Court Declines to Hear NAR’s Attempt to Stop DOJ’s Restart of Investigation
Update: Death Toll in Los Angeles Fires Rises to 24
Rental housing prices have already spiked in the wake of the fires. Continue Reading Update: Death Toll in Los Angeles Fires Rises to 24
Georgia Woman Pleads Guilty for Role in 3-Year Mortgage Fraud Scheme
Kimberly Johnson is scheduled to be sentenced on April 11. Continue Reading Georgia Woman Pleads Guilty for Role in 3-Year Mortgage Fraud Scheme
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