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Saks Off 5th to Close Most of its Stores
Saks Global, the parent company of the Saks Fifth Avenue department store chain, it is closing 62 of its 70 Saks Off 5th discount outlets as part of its bankruptcy protection restructuring. The Wall Street Journal reports the stores targeted for closing will begin...
Hanover Bancorp Names New Chief Commercial Real Estate Lending Officer
Hanover Bancorp Inc. (NASDAQ: HNVR), the Mineola, New York-based bank holding company for Hanover Community Bank, has hired William J. Newham III as executive vice president and chief commercial real estate lending officer. Prior to joining Hanover Bank, Newham was...
Trump Nominates Kevin Warsh to Become Next Federal Reserve Chairman
President Trump has announced his nomination of Kevin Warsh to become the next chairman of the Federal Reserve. “I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best,” said Trump in a...
NEWS & CURRENT EVENTS
Zillow Unveils New Marketing Campaign
The campaign debuts on Feb. 1 during the telecast of the Grammy Awards on CBS and Paramount+. Continue Reading Zillow Unveils New Marketing Campaign
Mortgage Rates Inch Up for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.10% as of Jan. 29, up from last week when it averaged 6.09%. Continue Reading Mortgage Rates Inch Up for Second Straight Week
Median Sale Price for Homes Hit Record High in 2025
Institutional investors were responsible for only 6.6% of last year’s home purchases, unchanged from one year earlier. Continue Reading Median Sale Price for Homes Hit Record High in 2025
StorageMart Acquires 15-Property Self-Storage Portfolio in NYC
The financial terms of the deal were not disclosed. Continue Reading StorageMart Acquires 15-Property Self-Storage Portfolio in NYC
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Bright MLS Hires Rajeev Sajja as Chief Artificial Intelligence Officer
Sajja most recently served as senior vice president of digital marketing and innovation at Berkshire Hathaway HomeServices Fox & Roach Realtors in Devon, Pennsylvania. Continue Reading Bright MLS Hires Rajeev Sajja as Chief Artificial Intelligence Officer
Arrive Home Launches Down Payment Assistance Program for Manufactured Home Purchasing
New Foundations DPA provides 3.5% down payment assistance on the purchase price of a single- or double-wide manufactured home on a permanent foundation. Continue Reading Arrive Home Launches Down Payment Assistance Program for Manufactured Home Purchasing
MegPrime and Megatel Homes Debut Digital Rewards Program for Buyers and Brokers
All rewards are issued in MegPrime tokens and may be converted to US dollars through the MegPrime app. Continue Reading MegPrime and Megatel Homes Debut Digital Rewards Program for Buyers and Brokers
Attorney Clay Pulliam Joins Real Estate Group at Dorsey & Whitney
Pulliam previously served as in-house counsel for Hillwood Development Company. Continue Reading Attorney Clay Pulliam Joins Real Estate Group at Dorsey & Whitney
New Study Names Salt Lake City as the Most Neighborly US City
Redfin diplomatically refrained from pointing fingers at the least neighborly city. Continue Reading New Study Names Salt Lake City as the Most Neighborly US City
Mill Creek Residential Expands into Colorado with Build-to-Rent Community
The community will feature 162 two-, three- and four-bedroom townhomes with an average size of 1,727 square feet. Continue Reading Mill Creek Residential Expands into Colorado with Build-to-Rent Community
Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
The 5.2-acre property’s residence features 12 bedrooms and 24 bathrooms. Continue Reading Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
Mortgage Application Activity Down 8.5%
The FHA share of total applications increased to 18.6% from 15.9% the week prior. Continue Reading Mortgage Application Activity Down 8.5%
Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
The survey also found 75% of respondents stating the rising cost of housing played a role in accumulating the debt that led them to seek help. Continue Reading Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
Federal Home Loan Bank of Dallas Announces 2026 Community Investment Grant Programs
This year, the bank’s Affordable Housing Program General Fund will provide up to $1.75 million per project. Continue Reading Federal Home Loan Bank of Dallas Announces 2026 Community Investment Grant Programs
ABOUT WEEKLY REAL ESTATE NEWS
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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