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Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
Mamdani will be trading in his one-bedroom, $2,300 a month rent-stabilized apartment for the rent-free, five-bedroom mansion. Continue Reading Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
Mamdani will be trading in his one-bedroom, $2,300 a month rent-stabilized apartment for the rent-free, five-bedroom mansion. Continue Reading Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
Canadian Housing Starts Drop 16% in August
Housing starts mostly were down 16% in Canada during August, with a total of 245,791 units compared to July’s total of 293,537 units. According to data from the Canada Mortgage and Housing Corporation (CMHC), actual housing starts were up 10% year-over-year in centers...
Report: Trump to Take Lisa Cook Ouster Efforts to the Supreme Court
The Trump administration is planning to continue its effort to remove Federal Reserve Gov. Lisa Cook by taking its case to the US Supreme Court. The New York Times, sourcing its information from an unnamed “administration official who spoke on the condition of...
Brian Vieaux Named President and CEO at MISMO
MISMO, the real estate finance industry's standards organization, has named Brian Vieaux as its new president, effective Oct. 16. Vieaux is currently president and chief operating officer at FinLocker, a financial fitness platform that prepares consumers to achieve...
NEWS & CURRENT EVENTS
Freddie Mac Expands CHOICEHome Mortgage Program to Single-Section Manufactured Homes
Freddie Mac (OTCQB: FMCC) announced the expansion of its CHOICEHome conventional financing options to include modern single-section manufactured homes. Previously, Freddie Mac provided multi-section factory-built homes with a 3% down payment option. As of today,...
ESPN to Gain 75,000 SF Studio in LA in Deal to Acquire NFL Network
ESPN and the NFL still need to negotiate a final agreement and clear approval from the league’s team owners and federal regulators. Continue Reading ESPN to Gain 75,000 SF Studio in LA in Deal to Acquire NFL Network
Citadel Credit Union Debuts Program to Aid Philadelphia-Area Black and Hispanic Homeowners
The program will provide provides up to $18,000 in assistance for purchase, refinance, or improvement of a primary residence in qualified communities. Continue Reading Citadel Credit Union Debuts Program to Aid Philadelphia-Area Black and Hispanic Homeowners
Las Vegas CRE Executive Receives Bloodied Pig’s Head in the Mail from AI Hater
“Perhaps this person watched too much of ‘The Godfather,’” said Agrippa CEO Blake J. Owens. Continue Reading Las Vegas CRE Executive Receives Bloodied Pig’s Head in the Mail from AI Hater
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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.
Florida Home Sales and Prices Decline
The statewide median sales price for single-family existing homes in November was $410,700. Continue Reading Florida Home Sales and Prices Decline
LRT Company Expands to Rhode Island with Senior Housing Development
Groundbreaking on the project is expected to occur next summer. Continue Reading LRT Company Expands to Rhode Island with Senior Housing Development
California Home Sales Record Largest Yearly Increase in Over Three Years
The statewide median price of $852,880 was down 4% from October but was up 3.8% from November 2023. Continue Reading California Home Sales Record Largest Yearly Increase in Over Three Years
Canadian Home Sales Rise by Nearly 3%
The sales spike occurred despite the 0.5% month-over-month drop in newly listed properties. Continue Reading Canadian Home Sales Rise by Nearly 3%
NAR Hires Advertising Agency to Help Improve Its Image
The terms of the contract were not disclosed. Continue Reading NAR Hires Advertising Agency to Help Improve Its Image
RFK Stadium’s Fate Uncertain After Continuing Resolution is Pulled
Earlier this year, the National Park Service (NPS) has given its approval for the demolition of RFK Stadium. Continue Reading RFK Stadium’s Fate Uncertain After Continuing Resolution is Pulled
Report: Home Affordability Worsened in Q4
The national median home price has climbed to $364,750 during the fourth quarter. Continue Reading Report: Home Affordability Worsened in Q4
Real Estate Developer Sentenced for Role in Chicago Bank Failure
Marek Matczuk was convicted by a jury in federal court last year. Continue Reading Real Estate Developer Sentenced for Role in Chicago Bank Failure
CFPB: Mortgage Servicers Preying on Divorced and Widowed Borrowers
The CFPB report also noted that domestic violence survivors face additional problems with servicers. Continue Reading CFPB: Mortgage Servicers Preying on Divorced and Widowed Borrowers
Lafayette RE Management in $680,000 Settlement Over PPP Loan Fraud
The company claimed it was settling the charges to avoid lengthy and costly litigation. Continue Reading Lafayette RE Management in $680,000 Settlement Over PPP Loan Fraud
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