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Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
There has been no official announcement from Fannie Mae on the relocation. Continue Reading Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
There has been no official announcement from Fannie Mae on the relocation. Continue Reading Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
The Department of Justice (DOJ) has reportedly hit a new roadblock in its attempts to prosecute New York Attorney General Letitia James on mortgage fraud-related charges. CNN, sourcing its information from an unnamed “person familiar with the development,” is...
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
Ares Commercial Real Estate Corporation (NYSE: ACRE) has acquired a light manufacturing industrial portfolio of 20 properties in eight states. The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. The...
NEWS & CURRENT EVENTS
Report: Trump to Profit from Proposed NYC Casino
The Gaming Commission estimated the new casinos could generate $7 billion in gambling revenues for the state from 2027 to 2036. Continue Reading Report: Trump to Profit from Proposed NYC Casino
New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
West purchased the property in 2021 for $57 million but left it unfinished after a highly publicized but ill-fated renovation project. Continue Reading New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
More Than Two-Thirds of EU Households are Homeowners
Germany was the only EU country where tenants (53% of the population) were in greater numbers than homeowners. Continue Reading More Than Two-Thirds of EU Households are Homeowners
CMBS Delinquency Rate Down for November
November marked only fourth time this year that the overall CMBS delinquency rate decreased. Continue Reading CMBS Delinquency Rate Down for November
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Scott Neil to Become CEO at Realtor.ca Canada
Neil was previously CEO at the online marketplace Kijiji Canada. Continue Reading Scott Neil to Become CEO at Realtor.ca Canada
$21.5 Million Sale of Charleston Mansion Breaks City Record
The property at 51 East Bay Street encompasses four structures totaling over 15,700 square feet. Continue Reading $21.5 Million Sale of Charleston Mansion Breaks City Record
Whitestone REIT Acquires 90,000 SF Dallas-Area Shopping Plaza
In addition to World Cup Plaza, Whitestone also owns four other shopping centers nearby. Continue Reading Whitestone REIT Acquires 90,000 SF Dallas-Area Shopping Plaza
Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project
“We have to be very careful about how anything is perceived,” Dimon said. Continue Reading Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project
Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Berkshire Hathaway added that Buffett “has rarely commented publicly since Berkshire’s shareholder’s meeting last May.” Continue Reading Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
Multifamily Developer Confidence Rises in Q3
But confidence levels are still in negative territory. Continue Reading Multifamily Developer Confidence Rises in Q3
Mortgage Rates Inch Up Again
The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6. Continue Reading Mortgage Rates Inch Up Again
Foundation Mortgage Names Samuel Bjelac as SVP for National Sales, TPO
Bjelac most recently served in the same position at Carrington Mortgage Services. Continue Reading Foundation Mortgage Names Samuel Bjelac as SVP for National Sales, TPO
Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Investors in more affordable states were focused on lower-priced and entry-level homes. Continue Reading Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
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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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