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California Home Sales at 3-Year High
November also saw the statewide median home price drop by 3.9% from $886,960 in October to $852,680 in November. Continue Reading California Home Sales at 3-Year High
California Home Sales at 3-Year High
November also saw the statewide median home price drop by 3.9% from $886,960 in October to $852,680 in November. Continue Reading California Home Sales at 3-Year High
Disney Files 15 Lawsuits Against ‘Excessive’ Property Tax Assessments on Florida Assets
The Walt Disney Company (NYSE: DIS) has filed 15 lawsuits over what it calls “excessive” property tax assessments for its four Florida theme parks, its failed Star Wars hotel and other properties from its real estate portfolio in Orange County. Florida Politics...
Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
New York City Mayor-elect Zohran Mamdani and his wife, Rama, will take up residence in Gracie Mansion, the official residence for the mayor, after he is sworn into office on New Year’s Day. According to combined media reports, Mamdani will be trading in his...
Pre-Leasing Begins on Greystar’s New Denver High-Rise Community
Greystar has begun pre-leasing at The Parson, a high-rise apartment community in Denver's Golden Triangle neighborhood. The Parson will offer 309 luxury residences and include a mix of 21 studios, 161 one-bedrooms, 95 two-bedrooms, 9 three-bedrooms, and 23 penthouses,...
NEWS & CURRENT EVENTS
$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...
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
Miami Dade College Reapproves Land Transfer for Trump Presidential Library
“This is a waste of time to come here,” said activist Marvin Dunn after the vote. Continue Reading Miami Dade College Reapproves Land Transfer for Trump Presidential Library
Dave McKinstray to Become SVP and CFO at Champion Homes
McKinstray most recently served as senior vice president and chief financial officer at WK Kellogg. Continue Reading Dave McKinstray to Become SVP and CFO at Champion Homes
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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.
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
Q3 Home Prices Up in 77% of Metro Markets
Eight of the 10 most expensive markets were in California, led by the San Jose-Sunnyvale-Santa Clara metro at $1.9 million, up by 0.8% from one year earlier. Continue Reading Q3 Home Prices Up in 77% of Metro Markets
Commercial/Multifamily Borrowing Surged During Q3
Originations for office, retail, hotel, and multifamily properties fueled the year-over-year upswing. Continue Reading Commercial/Multifamily Borrowing Surged During Q3
Denver Broncos Submit Preliminary Plan for New Stadium
The team unveiled its plans for a new stadium in September, with the goal of having the facility opened in time for the 2031 NFL season. Continue Reading Denver Broncos Submit Preliminary Plan for New Stadium
David Saavedra Named CEO at the New Mexico Association of Realtors
He is the fourth CEO in two-and-a-half years. Continue Reading David Saavedra Named CEO at the New Mexico Association of Realtors
Bank of England Opts to Hold Rates Steady
The Monetary Policy Committee voted 5-4 not to cut rates at a time when the UK’s annual rate of consumer price inflation stood at 3.8%. Continue Reading Bank of England Opts to Hold Rates Steady
Report: Increasing Number of VA Loans Being Used in Homebuying
Nationwide, the number of VA loans rose 3% year-over-year in August, while the number of conventional loans declined 9%. Continue Reading Report: Increasing Number of VA Loans Being Used in Homebuying
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