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Report: California is Home to Four of the Top Five Riskiest Housing Markets
The new report determined that 16 of the 50 highest risk markets were in California. Continue Reading Report: California is Home to Four of the Top Five Riskiest Housing Markets
Report: California is Home to Four of the Top Five Riskiest Housing Markets
The new report determined that 16 of the 50 highest risk markets were in California. Continue Reading Report: California is Home to Four of the Top Five Riskiest Housing Markets
Bank of Canada Announces New Rate Cut
The Bank of Canada has announced a new slate of rate cuts. The nation’s central bank reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. With this announcement, the Bank of Canada noted the...
Nebraska Gov. Pillen Announces $20 Million in Property Tax Relief
Nebraska Gov. Jim Pillen has signed an Executive Order designed to offer $20 million in property tax relief to the state’s households. Pillen cited an increase in casino gambling revenue and unused money remaining in the Property Tax Credit Cash Fund and the School...
A New Agent is Hired at Ryan Serhant’s Brokerage – His Wife
Celebrity real estate executive Ryan Serhant has hired a new agent for his eponymous brokerage – and he didn’t need to use Indeed or LinkedIn to find this employee. Realtor.com reports Emilia Bechrakis Serhant, the boss’ wife, is the brokerage’s new agent, based at...
NEWS & CURRENT EVENTS
Delaware Association of Realtors Seeks Applicants for Minority Real Estate Scholarship
. Applicants must be permanent Delaware residents and preference will be given to American citizens. Continue Reading Delaware Association of Realtors Seeks Applicants for Minority Real Estate Scholarship
Hits and Misses for the Real Estate Week of Aug. 4-8
An unwelcome package in the mail, another retailer declaring bankruptcy, and an unlikely new officer at a tenants’ right nonprofit. Continue Reading Hits and Misses for the Real Estate Week of Aug. 4-8
Apartment Rent Growth Continues to Slow
July marked the sixth straight month of flat or negative monthly growth. Continue Reading Apartment Rent Growth Continues to Slow
SBA Disburses Over $1.5 Million to Texas Flood Victims
In the first month following the disaster, SBA has approved more than $8 million in federal disaster loans to the impacted areas. Continue Reading SBA Disburses Over $1.5 Million to Texas Flood Victims
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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.
Developer Apologizes for Demolishing Sydney Childhood Home of AC/DC Founders
Although it has been on the National Trust Register of Historic Houses in 2013, that did not protect it from demolition. Continue Reading Developer Apologizes for Demolishing Sydney Childhood Home of AC/DC Founders
Toronto Home Sales Up, Prices Down in 2024
“Market conditions varied by market segment in 2024,” said TRREB Chief Market Analyst Jason Mercer. Continue Reading Toronto Home Sales Up, Prices Down in 2024
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
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