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CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court
“CoStar is focused on a fast, fair decision to remedy Zillow’s mass infringement of nearly 50,000 images,” said general counsel Gene Boxer. Continue Reading CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court
CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court
“CoStar is focused on a fast, fair decision to remedy Zillow’s mass infringement of nearly 50,000 images,” said general counsel Gene Boxer. Continue Reading CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court
Chicago Bears Announce Move to New Suburban Stadium
The Chicago Bears have confirmed plans to move out of their longtime home at Soldier Field for a new stadium outside of their city. In an open letter, Bears President and CEO Kevin Warren stated the team will be leaving its namesake city for Arlington Heights, a...
NYC Real Estate Executives Hold Strategy Meeting to Prevent Mamdani Becoming Mayor
A circle of New York City real estate executives is meeting this morning to discuss supporting Andrew Cuomo as the candidate to defeat Zohran Mamdani in the city’s upcoming mayoral election. The New York Times reports Jeff Blau, the developer of Hudson Yards, and his...
Housing Market Hit Record $55.1 Trillion
Today’s housing market is worth a record $55.1 trillion, according to new data from Zillow (NASDAQ: Z, ZG). This marked an $862 billion surge in the past year and $20 trillion increase since 2020. Seven states saw their housing markets lose value over the past year,...
NEWS & CURRENT EVENTS
Case-Shiller: Home Price Momentum Continues to Slow
The FHFA reported home prices were down in May by 0.2% month-over-month, but were up 2.8% year-over-year. Continue Reading Case-Shiller: Home Price Momentum Continues to Slow
Wesley LePatner, CEO of Blackstone Real Estate Investment Trust, Killed in Manhattan Office Shooting
LePatner succeeded the retiring Frank Cohen at the helm of $55 billion BREIT. Continue Reading Wesley LePatner, CEO of Blackstone Real Estate Investment Trust, Killed in Manhattan Office Shooting
Green Street Acquires Student Housing Data Provider College House
The financial terms of the deal were not disclosed. Continue Reading Green Street Acquires Student Housing Data Provider College House
Judge Rejects Effort by Trump Ally to Open Fed Policy Meetings to the Public
US District Judge Beryl Howell ruled against Azoria Capital, stating the Sunshine Act did not apply to the FOMC meeting. Continue Reading Judge Rejects Effort by Trump Ally to Open Fed Policy Meetings to the Public
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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.
Paris Cracks Down on Short-Term Rentals, Citing Housing Shortage
There are an estimated 25,000 apartments in Paris that are now available for unauthorized short-term rentals. Continue Reading Paris Cracks Down on Short-Term Rentals, Citing Housing Shortage
$295 Million Sale of Warsaw Unit Marks Europe’s Biggest Office Property Transaction This Year
The property was sold by the Belgian developer Ghelamco to the Swedish investment firm Eastnine AB. Continue Reading $295 Million Sale of Warsaw Unit Marks Europe’s Biggest Office Property Transaction This Year
Woman at Center of North Carolina Deed Theft Case Continuing Her Scams
A woman who gained notoriety for attempting a deed theft scam on the mansion of a dentist in Raleigh, North Carolina, has obviously not learned any lessons from her miscreant shenanigans. WRAL reported that Dawn Mangum was arrested and charged with felony last...
Mortgage Rates Stay Flat Ahead of Holiday Weekend
The 30-year fixed-rate mortgage averaged 6.81% as of Nov. 27. Continue Reading Mortgage Rates Stay Flat Ahead of Holiday Weekend
Diana Whitmire Named Chief Operations Officer at Diamond Residential Mortgage Corp.
Whitmire has been with DRMC since its inception in 2009. Continue Reading Diana Whitmire Named Chief Operations Officer at Diamond Residential Mortgage Corp.
Pending Home Sales Up for Third Straight Month
All four major regions experienced month-over-month gains in transactions. Continue Reading Pending Home Sales Up for Third Straight Month
Mortgage Application Activity Rises by 6.3%
The refinance share of mortgage activity decreased to 38.8% of total applications from 41% the previous week. Continue Reading Mortgage Application Activity Rises by 6.3%
Sterling Organization Sells Charlotte-Area Retail Center for $70 Million
The 661,156-square-foot retail center was completed in 1987 and underwent a $16 million renovation between 2012 and 2014. Continue Reading Sterling Organization Sells Charlotte-Area Retail Center for $70 Million
Lovett Industrial Breaks Ground on 27-Acre Texas Business Park
The site is located directly off State Highway 121. Continue Reading Lovett Industrial Breaks Ground on 27-Acre Texas Business Park
Sandra Kainer Joins Keener Management as Regional Vice President
Prior to joining Keener, she served as senior regional supervisor at AOG Living. Continue Reading Sandra Kainer Joins Keener Management as Regional Vice President
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