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Houston Nonprofit Leader Arrested for Running Fraudulent Rental Housing Scheme
Rosemary Tucker, who operates “Hoodies 4 Healing,” was arrested last week after a months-long investigation by the Houston Police Department’s Major Offenders Division. Continue Reading Houston Nonprofit Leader Arrested for Running Fraudulent Rental Housing Scheme
Houston Nonprofit Leader Arrested for Running Fraudulent Rental Housing Scheme
Rosemary Tucker, who operates “Hoodies 4 Healing,” was arrested last week after a months-long investigation by the Houston Police Department’s Major Offenders Division. Continue Reading Houston Nonprofit Leader Arrested for Running Fraudulent Rental Housing Scheme
Matthew Abrusci Named EVP and General Counsel at Freddie Mac
Freddie Mac (OTCQB: FMCC) has hired Matthew D. Abrusci as executive vice president, general counsel and corporate secretary. Abrusci brings more than three decades of financial services experience spanning banking, capital markets, and securities law. He was...
Housing Supply Drops to 2-Year Low
Active listings of homes for sale during August were down by 1.4% from July, according to data from Redfin. This marked the largest seasonally adjusted decline since June 2023. Although active listings last month were up 9.7% year-over-year, this marked the smallest...
Compass Acquires Anywhere Real Estate for $1.6 Billion in All-Stock Transaction
Compass Inc. (NYSE: COMP) announced its $1.6 billion acquisition of Anywhere Real Estate Inc. (NYSE: HOUS) in an all-stock transaction. Madison, New Jersey-based Anywhere, formerly known as Realogy, is the parent company of the brands Century 21, Coldwell Banker,...
NEWS & CURRENT EVENTS
$110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
The Spelling Manor’s $110 million sale price was far greater than the runner-up on the list, a $51 million transaction in Delray Beach, Florida. Continue Reading $110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
Sandra Howard Named Chief Marketing Officer at Keller Williams
“People don’t choose brands they know; they choose the ones that choose them back,” said Howard. Continue Reading Sandra Howard Named Chief Marketing Officer at Keller Williams
Treasury Secretary Bessent Calls on Fed to Make a 50 Basis Point Rate Cut in September
Bessent added cuts could have occurred if the Fed officials had access to revised labor market data. Continue Reading Treasury Secretary Bessent Calls on Fed to Make a 50 Basis Point Rate Cut in September
Survey: Buyers Turned Off By Sloppily Maintained Neighboring Properties
“The neighboring properties and surrounding community often say a lot about what life might be like there for you, as a resident,” says Don Kottick, President of REMAX Canada. Continue Reading Survey: Buyers Turned Off By Sloppily Maintained Neighboring Properties
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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.
Trump: ‘Interest Rates Are Far Too High’
The next meeting of the central bank’s policymaking Federal Open Market Committee is slated for Jan. 28-29. Continue Reading Trump: ‘Interest Rates Are Far Too High’
Zillow’s Prediction for the Hottest Major Housing Market Is…
This is the second straight year that Zillow has praised Buffalo’s housing market potential. Continue Reading Zillow’s Prediction for the Hottest Major Housing Market Is…
Survey: One-Third of Homeowners Insist They Will Never Sell Their Home
A recent Redfin analysis found that just 25 of every 1,000 U.S. homes changed hands in the first eight months of 2024. Continue Reading Survey: One-Third of Homeowners Insist They Will Never Sell Their Home
CFPB Sues Experian Over Handling Consumer Disputes
“Credit reporting errors can have serious consequences for a family’s finances,” said CFPB Director Rohit Chopra. Continue Reading CFPB Sues Experian Over Handling Consumer Disputes
Fannie Mae’s Home Purchase Sentiment Index Closed 2024 in Decline
The percentage of respondents who say home prices will go up in the next 12 months remained unchanged since last month at 38%, Continue Reading Fannie Mae’s Home Purchase Sentiment Index Closed 2024 in Decline
Ex-Quarterback Colt McCoy to Launch HPI’s New Fort Worth Office
After 14 years in the NFL, McCoy is starting a new career in real estate. Continue Reading Ex-Quarterback Colt McCoy to Launch HPI’s New Fort Worth Office
CFPB Finalizes Rule to Remove Medical Bills from Credit Reports
“People who get sick shouldn’t have their financial future upended,” said CFPB Director Rohit Chopra. Continue Reading CFPB Finalizes Rule to Remove Medical Bills from Credit Reports
Freddie Mac Names James Whitlinger as EVP and CFO
Whitlinger previously served as Freddie Mac’s senior vice president and single-family CFO since 2014. Continue Reading Freddie Mac Names James Whitlinger as EVP and CFO
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
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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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