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NYC Rents Soared in Month Before Mamdani’s Election
In Manhattan’s luxury real estate market, median prices reached $11,995, a 20% year-over-year spike. Continue Reading NYC Rents Soared in Month Before Mamdani’s Election
NYC Rents Soared in Month Before Mamdani’s Election
In Manhattan’s luxury real estate market, median prices reached $11,995, a 20% year-over-year spike. Continue Reading NYC Rents Soared in Month Before Mamdani’s Election
Kanye West’s Unfinished Malibu Beach House Back on the Market at Reduced Price
The saga of Kanye West’s one-time Malibu beach house took another melodramatic turn as the property is back on the market months after the announcement that a buyer was secured. Mansion Global reports the house is back on the market for $34.9 million, down from its...
Mortgage Rates at 10-Month Low
The 30-year fixed-rate averaged 6.58% as of Aug. 14, 2025, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.63%; it also marked the lowest level recorded year-to-date. A year...
Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
Treasury Secretary Scott Bessent is walking back demands he made yesterday that the Federal Reserve cut rates by 50 basis points at its next policy meeting in September. In an interview on Fox Business this morning, Bessent insisted, “I didn't tell the Fed what to do....
NEWS & CURRENT EVENTS
New Oregon Agency to Bolster State’s Housing Production
“My North Star is for every Oregonian to be able to afford a home,” said Gov. Tina Kotek in a statement. Continue Reading New Oregon Agency to Bolster State’s Housing Production
Florida Man Sentenced for Hijacking Company’s Control to Commit Real Estate Fraud Scams
Robert Houston fraudulently claimed control of Sarasota-based Glenco Properties in 2022 with the Florida Division of Corporations. Continue Reading Florida Man Sentenced for Hijacking Company’s Control to Commit Real Estate Fraud Scams
NAR, MBA Praise Senate-Amended Passage of One Big Beautiful Bill
The bill will now go back to the House of Representatives for a reconciliation process. Continue Reading NAR, MBA Praise Senate-Amended Passage of One Big Beautiful Bill
Report: US Laundry Appliances Market to Reach $9.79 Billion by 2030
Upgraded appliance design that incorporates smart technology – including advanced sensors and Internet of Things capabilities – will further improve the user experience. Continue Reading Report: US Laundry Appliances Market to Reach $9.79 Billion by 2030
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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.
SBA to Pause New Disaster Loan Origination, Citing Lack of Funds
SBA can make disaster loans up to $500,000 to homeowners to repair or replace disaster-damaged or destroyed real estate. Continue Reading SBA to Pause New Disaster Loan Origination, Citing Lack of Funds
Hankin Group Debuts First Phius ZERO Multifamily Community in Pennsylvania
Phius ZERO is an industry-setting standard for net zero energy design. Continue Reading Hankin Group Debuts First Phius ZERO Multifamily Community in Pennsylvania
Forecast: Property Damage from Hurricane Milton Could Cost up to $50 Billion
Verisk noted that while Milton is expected to have a significantly higher insured loss tally than Helene. Continue Reading Forecast: Property Damage from Hurricane Milton Could Cost up to $50 Billion
Dolby Theatre, Longtime Venue for Academy Awards Show, is Sold
The venue has hosted the Academy Awards show since 2002. Continue Reading Dolby Theatre, Longtime Venue for Academy Awards Show, is Sold
Mortage Application Activity and Credit Availability in Decline
The Mortgage Credit Availability Index (MCAI) dropped by 0.5% to 98.5 in September. Continue Reading Mortage Application Activity and Credit Availability in Decline
A Phil Hall Op-Ed: What’s Next for NAR’s Clear Cooperation Policy?
Editor Phil Hall opines on the future of a contentious mandate for NAR members. Continue Reading A Phil Hall Op-Ed: What’s Next for NAR’s Clear Cooperation Policy?
Spirit Halloween to Test Christmas Season Pop-Up Stores
The company is planning to operate 10 Spirit Christmas stores in the Northeast. Continue Reading Spirit Halloween to Test Christmas Season Pop-Up Stores
True Value Files for Bankruptcy, Sells Business to Hardware Rival
Only one of the company’s 4,500 stores will be subject to closing. Continue Reading True Value Files for Bankruptcy, Sells Business to Hardware Rival
Walgreens to Close 1,200 Stores by 2027
Approximately 500 closures planned for Fiscal Year 2025. Continue Reading Walgreens to Close 1,200 Stores by 2027
RE/MAX: Housing Inventory Up for 7th Straight Month
September home sales were down by 13.3% from August. Continue Reading RE/MAX: Housing Inventory Up for 7th Straight Month
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