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$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
Oh No, Boomer! Survey Finds 61% of Boomers Say They’ll Never Sell Their Homes
A new survey has found 61% of baby boomer homeowners claiming they never plan to sell their homes, up by 7% from one year ago. The new survey from Clever Offers, a platform owned by Clever Real Estate, also found the number of boomer homeowners expecting to sell...
Fairway Home Mortgage in New Partnership with OpenAI
Fairway Home Mortgage has announced a new strategic partnership with OpenAI, the company behind ChatGPT. According to the companies, Fairway will tap into OpenAI’s technology “to leverage cutting-edge capabilities in natural language processing, intelligent...
Newmark Opens Middle Eastern Flagship Office in Dubai
The commercial real estate advisor and service provider Newmark Group Inc. (NASDAQ: NMRK) has established a Middle Eastern flagship office in Dubai. Stefan Burch will head up the new office and build the firm’s business in the region. Burch, who holds the title of...
NEWS & CURRENT EVENTS
Judge Rejects DOJ Request of Early End to Redlining Settlement with Pennsylvania Bank
Last week, ESSA’s parent company ESSA Bancorp completed a merger with CNB Financial Corporation. Continue Reading Judge Rejects DOJ Request of Early End to Redlining Settlement with Pennsylvania Bank
New Record High for Delaware’s Median Sales Price
Delaware recorded 1,300 home sales during June, a slight 0.7% uptick from the 1,291 transactions recorded in May. Continue Reading New Record High for Delaware’s Median Sales Price
Starter Homes Sales and Prices on the Rise
The typical starter home sold for a record $260,000 last month, up 3.1% from June 2024. Continue Reading Starter Homes Sales and Prices on the Rise
New Report Details Skyrocketing NYC Rental Housing Costs
Danielle Hale, chief economist at Realtor.com, question the viability of Zohran Mamdani’s rent freeze campaign pledge. Continue Reading New Report Details Skyrocketing NYC Rental Housing Costs
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Work Begins on 1,484-Unit Transit-Oriented Housing in Toronto
The project is a public-private partnership. Continue Reading Work Begins on 1,484-Unit Transit-Oriented Housing in Toronto
Greystar Real Estate Partners Opens First Modular Housing Development
The developer has six additional modular housing projects in the works. Continue Reading Greystar Real Estate Partners Opens First Modular Housing Development
CMBS Delinquency Rate Soars to 6.40%
Trepp attributed the upswing to substantial increases in the delinquency rates for the office, multifamily and lodging property sectors. Continue Reading CMBS Delinquency Rate Soars to 6.40%
Trump Nominates Real Estate Developer Charles Kushner as Next Ambassador to France
Reaction to Kushner’s appointment in France has been mixed to negative. Continue Reading Trump Nominates Real Estate Developer Charles Kushner as Next Ambassador to France
Three Bay Area Real Estate Professionals Sentenced for Mortgage Fraud Scams
“The defendants tried to line their own pockets at the expense of homebuyers, lenders, and federally insured programs,” said US Attorney Ismail J. Ramsey. Continue Reading Three Bay Area Real Estate Professionals Sentenced for Mortgage Fraud Scams
Vivek Ramaswamy Condemns NYC’s $220 Million Deal to House Migrants at Pakistan-Owned Hotel
It is unclear what role the new DOGE can have in disrupting the contract between the hotel and the city government. Continue Reading Vivek Ramaswamy Condemns NYC’s $220 Million Deal to House Migrants at Pakistan-Owned Hotel
New GenAI App Enables Homeowners to ‘Talk’ to Their Homes
App users can ask questions about the specifics of the property and get immediate answers. Continue Reading New GenAI App Enables Homeowners to ‘Talk’ to Their Homes
Hits and Misses for the Real Estate Week of Nov. 25-29
A new wrinkle in the NAR settlement, a Trump-hating Airbnb host and an upcoming 24-hour stock exchange. Continue Reading Hits and Misses for the Real Estate Week of Nov. 25-29
Redevelopment Plan for Detroit’s Renaissance Center Calls for Demolishing Two Towers
The plan involves $250 million in state support and $100 million from Detroit’s Downtown Development Authority. Continue Reading Redevelopment Plan for Detroit’s Renaissance Center Calls for Demolishing Two Towers
Maine Lawmaker Seeks Property Tax Assessment Cap for Seniors
“We’ve got to figure out a way to help [older Mainers] that’s very direct,” said State Sen. Joe Baldacci. Continue Reading Maine Lawmaker Seeks Property Tax Assessment Cap for Seniors
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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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