Featured Real Estate News
Sale Price for San Francisco’s Transamerica Pyramid is Revealed
The previously undisclosed sale price of San Francisco’s iconic Transamerica Pyramid has been reported at approximately $700 million, the city’s largest office property transaction since 2021. Greet Street News confirmed the price being paid by the Cyprus-based...
Sale Price for San Francisco’s Transamerica Pyramid is Revealed
The sale is only the second time since the property’s opening in 1972 that it has changed hands. Continue Reading Sale Price for San Francisco’s Transamerica Pyramid is Revealed
Government Watchdog Agency Opens Probe into FHFA’s Pulte
The Government Accountability Office (GAO) is opening an investigation into Bill Pulte to determine if he abused his authority as director of the Federal Housing Finance Agency (FHFA) by ordering investigations into perceived political enemies of President Trump....
Starter Home Sales Up Nearly 5%
Starter home sales during October were up by 4.9% from one year according to a new data report from Redfin. In comparison, home sales for mid-priced (+0.7%) and high-priced (+0.8%) residences were also up from one year earlier. Among pending home sales, the starter...
Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations
School officials in Indiana are pushing back at the state’s new property tax relief efforts by claiming the reforms are destabilizing their budgets to the point that employees are being laid off and services are being reduced. The Indiana Capital Chronicle reports...
News & Current Events
Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Qualification can be obtained through 12 months of personal or business bank statements, or one year’s full documentation. Continue Reading Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Mortgage Rates Drop for Second Straight Week
The 30-year fixed-rate averaged 6.19% as of Dec. 4. Continue Reading Mortgage Rates Drop for Second Straight Week
US Institute of Peace HQ in Washington Renamed for Trump
The new name for the building comes ahead of today’s scheduled meeting between Trump and leaders from Rwanda and the Democratic Republic of Congo. Continue Reading US Institute of Peace HQ in Washington Renamed for Trump
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In today’s fast-moving real estate industry, staying ahead requires more than just market knowledge—it demands strong connections and access to valuable resources. That’s where WRE Member Benefits come in, offering real estate professionals’ exclusive advantages that...
Zillow: Climate Risks Threaten Trillions of Dollars in Real Estate
The New York City metro area has the highest total value of homes at major risk of flood and extreme wind Continue Reading Zillow: Climate Risks Threaten Trillions of Dollars in Real Estate
Report: Typical Homeowner Stays in Residence for 11.8 Years
The median homeownership tenure is shortest in Louisville, Kentucky (8 years). Continue Reading Report: Typical Homeowner Stays in Residence for 11.8 Years
Advocus Debuts 1031 Exchange Service Offering
“A 1031 exchange lets investors keep more of their money working for them by delaying taxes on their gains,” said Advocus’ Karen Courtney. Continue Reading Advocus Debuts 1031 Exchange Service Offering
Evergreen Home Loans Expands into New Mexico
The company is opening new branches in Albuquerque and Carlsbad, under the leadership of Area Manager Barry Abt. Continue Reading Evergreen Home Loans Expands into New Mexico
New Coalition Seeks to Address Challenges Facing Canadian Housing Market
Problems from the new trade war exacerbate pre-existing issues. Continue Reading New Coalition Seeks to Address Challenges Facing Canadian Housing Market
Don King Punched with $5.35 Million Foreclosure Lawsuit
The property in question is a 40-year-old, 46,467-square-foot warehouse that King acquired for $3 million in 2000. Continue Reading Don King Punched with $5.35 Million Foreclosure Lawsuit
Mortgage Application Activity Up 11.2%
The VA share of total applications increased to 15.9% from 14.6% from the week before. Continue Reading Mortgage Application Activity Up 11.2%
Report: HUD to End Biden Program for Energy Efficiency Upgrades to Affordable Housing
The Green and Resilient Retrofit Program was passed by Congress in 2022. Continue Reading Report: HUD to End Biden Program for Energy Efficiency Upgrades to Affordable Housing