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Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Nationwide, 8% of homes investors offloaded in the third quarter were sold at a loss, up from 6.5% a year earlier. Continue Reading Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Nationwide, 8% of homes investors offloaded in the third quarter were sold at a loss, up from 6.5% a year earlier. Continue Reading Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Argentina Recovers Nazi-Looted Artwork Spotted in Online Real Estate Listing
Police in Argentina has recovered an 18th-century painting stolen by the Nazis from a Dutch Jewish art dealer during World War II that re-emerged in an online real estate listing. The Guardian reports the long-lost “Portrait of a Lady” by Giuseppe Ghislandi was handed...
San Francisco Mayor Supports Parcel Tax on Properties to Fund Ailing Mass Transit System
San Francisco Mayor Daniel Lurie is supporting a proposed parcel tax on properties that will be used to finance the city’s financially ailing mass transit system. The San Francisco Standard reports the San Francisco Municipal Transportation Agency (SFMTA, also known...
Report: 1 in 4 Homes Exposed to Acute Climate Risks
More than one in four homes (26%) representing $12.7 trillion in real estate value are exposed to severe or extreme climate risks, according to a new data report by Realtor.com. The new reported nearly 6 million homes valued at $3.4 trillion are likely to experience...
NEWS & CURRENT EVENTS
Peachtree Group Debuts $250 Million Special Situations Fund Focused on Hotel Market Dislocation
“This fund is about capitalizing on dislocation, not chaos,” said CEO Greg Friedman. Continue Reading Peachtree Group Debuts $250 Million Special Situations Fund Focused on Hotel Market Dislocation
Hits and Misses for the Real Estate Week of July 14-18
A spike in foreclosure filings, Ohio’s dueling property tax relief efforts, and a congressman facing eviction. Continue Reading Hits and Misses for the Real Estate Week of July 14-18
RE/MAX: Home Sales Up for Fifth Straight Month
June’s median sales price of $440,000 was a 2/8% increase from the prior month. Continue Reading RE/MAX: Home Sales Up for Fifth Straight Month
Q2 Home Sales in Texas Up 1.4%
The statewide median price was $340,000, down 1.4% from the same quarter last year. Continue Reading Q2 Home Sales in Texas Up 1.4%
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NYC Passes New Law Requiring Licenses for Hotel Operators
The new law also calls for direct employment of hotel workers, with exemptions for small hotels with fewer than 100 rooms. Continue Reading NYC Passes New Law Requiring Licenses for Hotel Operators
Maine Home Sales and Prices Continue to Rise
The state’s median sales price last month was $409,450 Continue Reading Maine Home Sales and Prices Continue to Rise
Real Estate Developer Sentenced for Bribing Michigan Mayor
Shady Awad’s offerings to Mayor Richard Sollars were valued at $85,011.73 Continue Reading Real Estate Developer Sentenced for Bribing Michigan Mayor
Canada to Lower Immigration Levels, Citing Pressures on Housing Market
“Immigration is essential for Canada’s future, but it must be controlled and it must be sustainable,” said Prime Minister Trudeau. Continue Reading Canada to Lower Immigration Levels, Citing Pressures on Housing Market
San Francisco’s Biggest Mall Going to Foreclosure Auction
Mayor London Breed proposed turning the property into a soccer stadium. Continue Reading San Francisco’s Biggest Mall Going to Foreclosure Auction
LA Home Where Matthew Perry Died Sold in Off-Market Deal
Perry acquired the 3,000-square-foot, four-bedroom Pacific Palisades property in 2020 for $6 million. Continue Reading LA Home Where Matthew Perry Died Sold in Off-Market Deal
Rhode Island Association of Realtors Installs Chris Whitten as 2025 President
Whitten is the broker/owner of Premeer Real Estate. Continue Reading Rhode Island Association of Realtors Installs Chris Whitten as 2025 President
Idaho Real Estate Firm Offers Free Listings for Liberals Planning to Move Out of State
“The liberalism of today is not the liberalism of decades past,” said Mark Fitzpatrick of Idaho Wild. Continue Reading Idaho Real Estate Firm Offers Free Listings for Liberals Planning to Move Out of State
Final Offer Platform Expands to 3 More States
Final Offer is now available in 11 states and Washington, DC, as well as Ontario and Alberta in Canada. Continue Reading Final Offer Platform Expands to 3 More States
New Affordable Housing Development Approved in Ottawa
The project is being created by First Unitarian Congregation of Ottawa, Theia Partners and Ontario Aboriginal Housing Services. Continue Reading New Affordable Housing Development Approved in Ottawa
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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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