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Trump Organization to Develop Luxury Hotel Resort in Maldives
The resort is set to open by the end of 2028. Continue Reading Trump Organization to Develop Luxury Hotel Resort in Maldives
Trump Organization to Develop Luxury Hotel Resort in Maldives
The resort is set to open by the end of 2028. Continue Reading Trump Organization to Develop Luxury Hotel Resort in Maldives
Kentucky Home Sales Up During July
A total number of 4,737 listings were sold in Kentucky during July, a 1.68% uptick from the previous month and a 3.6% year-over-year increase. According to data from Kentucky Realtors, the state had 6,802 new listings last month a 4.8% increase from June and an 8.7%...
America’s Most Expensive ZIP Code Is…
Among the neighborhoods where the rich folks live, the median price for a home in the top 10% nationwide is $1.3 million, while the top 5% of homes list for around $5.5 million. But that’s affordable housing compared to the top 1% where homes are priced at $5.7...
FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
Federal Housing Finance Agency (FHFA) Director Bill Pulte has unveiled a video advertisement that reinforces the goal of merging privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) into a new entity called the Great American Mortgage Corporation. On his...
NEWS & CURRENT EVENTS
Residential Transition Lender Dunmor Opens Wholesale Broker Division
Products will include bridge loans, fix and flip loans, ground-up construction loans, and multifamily loans. Continue Reading Residential Transition Lender Dunmor Opens Wholesale Broker Division
Capital One to Close Discover’s Home Equity Lending Business
The company said it “will continue to process applications that are in progress.” Continue Reading Capital One to Close Discover’s Home Equity Lending Business
Slate Asset Management Acquires 6-Property Multifamily Portfolio for $226.5 Million
The properties in the portfolio are garden-style apartments concentrated in and around the Tampa, Atlanta, and Phoenix metro areas. Continue Reading Slate Asset Management Acquires 6-Property Multifamily Portfolio for $226.5 Million
Jade Miller Named CEO at ADISA
Earlier in her career, she was president of capital markets at Bourne Financial Group, a real estate investment firm managing more than $1 billion in assets. Continue Reading Jade Miller Named CEO at ADISA
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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.
Report: Chicago Mayor Johnson to Propose Property Tax Hike to Fix Budget Gap
The depth and scope of the potential tax increase was not disclosed. Continue Reading Report: Chicago Mayor Johnson to Propose Property Tax Hike to Fix Budget Gap
Data Reports: Home Prices Up, But Cooling
New York City again reported the highest annual gain among the 20 cities with an 8.1% increase in August. Continue Reading Data Reports: Home Prices Up, But Cooling
Canadian Real Estate Developer Cantiro Debuts Investment Fund
The new fund will initially target the development of purpose-built, multifamily rental properties. Continue Reading Canadian Real Estate Developer Cantiro Debuts Investment Fund
Dream Finders Homes Acquires Alliant National Title Insurance
The financial terms of the acquisition were not disclosed. Continue Reading Dream Finders Homes Acquires Alliant National Title Insurance
Hyatt in Joint Venture with Spain’s Grupo Piñero
Hyatt plans to appoint Bahia Principe CEO Julio Pérez as the chief executive to lead the management company. Continue Reading Hyatt in Joint Venture with Spain’s Grupo Piñero
Douglas Elliman Fires President and CEO Scott Durkin
No explanation was given for Durkin’s termination. Continue Reading Douglas Elliman Fires President and CEO Scott Durkin
Guest Opinion: MBA Chief Broeksmit on the Election and Housing Policy
MBA President and CEO Bob Broeksmit considers housing policy after Election Day. Continue Reading Guest Opinion: MBA Chief Broeksmit on the Election and Housing Policy
NAR Delays Decision on Clear Cooperation Policy
Council of Multiple Listing Services put its support behind the organization’s course of action. Continue Reading NAR Delays Decision on Clear Cooperation Policy
FHFA Updates GSEs’ Appraisal Policies
The maximum LTV ratio of purchase loans eligible for appraisal waivers increasing from 80% to 90%. Continue Reading FHFA Updates GSEs’ Appraisal Policies
More Homes for Sale in Wisconsin, Yet Sales are Down
Year-to-date, home sales in Wisconsin are up 3.8% compared to the first nine months of 2023. Continue Reading More Homes for Sale in Wisconsin, Yet Sales are Down
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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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