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Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
The 600,000-square-foot shopping destination features retailers such as Nordstrom Rack, Dick’s, Marshalls, Ross, Planet Fitness, and Barnes and Noble. Continue Reading Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
The 600,000-square-foot shopping destination features retailers such as Nordstrom Rack, Dick’s, Marshalls, Ross, Planet Fitness, and Barnes and Noble. Continue Reading Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
Mortgage Rates Drop to 11-Month Low
The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 11, its lowest level since last October. According to the Primary Mortgage Market Survey (PMMS) published by Freddie Mac (OTCQB: FMCC), this week’s mortgage rate is down from last week when it averaged 6.50%....
Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
A total of 35,697 residential properties had foreclosure filings in August, down 1% from July but up 18% year-over-year. “August marked the sixth consecutive month of year-over-year increases in US foreclosure activity and the third straight month with double-digit...
Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable
Most homeowners are concerned they will be unable to afford insurance on their residences, according to a new survey released by Realtor.com. The survey found 88% of respondents fearing they will pay for more homeowners insurance in the future while 42% confirmed they...
NEWS & CURRENT EVENTS
Report: Rising Construction Costs Fueled Cancelation of HGTV Home Renovation Shows
HGTV has canceled seven shows over the past several weeks. Continue Reading Report: Rising Construction Costs Fueled Cancelation of HGTV Home Renovation Shows
More Homes Were Equity Rich During Q2
ATTOM also noted that 2.7% of mortgaged residences were seriously underwater in the second quarter. Continue Reading More Homes Were Equity Rich During Q2
California Woman Pleads Guilty to Rental Housing Fraud
Jenifer Singh was arrested last December at the Newark Airport while attempting to board a flight to Paris. Continue Reading California Woman Pleads Guilty to Rental Housing Fraud
Delaware Lawmakers to Hold Special Session to Mitigate Property Tax Hikes
“I’m getting a ton of phone calls, a ton of emails, messages, text messages, every single day,” Rep. Michael Smith said. Continue Reading Delaware Lawmakers to Hold Special Session to Mitigate Property Tax Hikes
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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.
Construction Completed on First LIHTC Affordable Apartments for Visually Impaired Residents
The podium-style building features nine stories with three levels of parking, six levels of units, and first-floor retail space. Continue Reading Construction Completed on First LIHTC Affordable Apartments for Visually Impaired Residents
CoreLogic: Home Price Growth Slowed in October
Among the major metro markets, Chicago posted the highest year-over-year home price increase in October at 6.4%. Continue Reading CoreLogic: Home Price Growth Slowed in October
Christy Gessler Named 2025 Board Chairman of Texas Realtors
Gessler is broker/owner of Freedom 512 Real Estate Group in Liberty Hill. Continue Reading Christy Gessler Named 2025 Board Chairman of Texas Realtors
Mortgage Application Activity Up Nearly 3%
The seasonally adjusted Purchase Index increased 6% from one week earlier. Continue Reading Mortgage Application Activity Up Nearly 3%
Report: Hunter Biden Owes Landlord $300,000 in Unpaid Rent
The presidential pardon for Biden covers federal crimes, but would not shield him from a civil lawsuit over unpaid rent. Continue Reading Report: Hunter Biden Owes Landlord $300,000 in Unpaid Rent
New Forecast Predicts 3.7% Home Sale Price Growth in 2025
Realtor.com’s forecast is also pointing to an 11.7% increase in existing home inventory. Continue Reading New Forecast Predicts 3.7% Home Sale Price Growth in 2025
New Proposal Seeks to Turn Historic Connecticut Building into Mixed-Use Development
It is unclear how much of the project will be financed by taxpayers. Continue Reading New Proposal Seeks to Turn Historic Connecticut Building into Mixed-Use Development
Mark Bratt to Step Down as CEO at Westwood Financial
Bratt has been Westwood’s CEO since January 2019. Continue Reading Mark Bratt to Step Down as CEO at Westwood Financial
Baltimore Enacts New Special Property Tax on Vacant Homes
The bill will hike taxes on vacant properties threefold, starting in the 2026-2027 tax year. Continue Reading Baltimore Enacts New Special Property Tax on Vacant Homes
NAREIM Begins Search for New CEO
Zoe Hughes, the organization’s current CEO, is stepping down after more than six years. Continue Reading NAREIM Begins Search for New CEO
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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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