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New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
MG Properties Expands into Texas with Acquisition of Dallas-Area Apartment Community
MG Properties, a San Diego-headquartered real estate investment firm specializing in multifamily properties, has expanded into the Texas market with the acquisition of Ovation at Galatyn Park, a luxury apartment community located in the Dallas suburb of Richardson,...
Broadshore Capital Partners Announces Management Buyout
Broadshore Capital Partners, a Los Angeles-headquartered real estate investment and advisory firm, announced that its management team led by CEO Brad Howe acquired the majority ownership interest formerly held by The Guardian Life Insurance Company of America. With...
Georgetown Law Professor: Trump and Pulte Attacks on Lisa Cook are ‘Illegal’ and ‘Outlandish’
A Georgetown University law professor is questioning the legal foundations of the Trump administration’s attempts to force Federal Reserve Gov. Lisa Cook from her job with accusations that she committed mortgage fraud, calling President Trump’s actions “illegal” and...
NEWS & CURRENT EVENTS
Mortgage Rates on the Rise Again
The 30-year fixed-rate mortgage averaged 6.75% as of July 17. Continue Reading Mortgage Rates on the Rise Again
Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations
Staccato Powell pleaded guilty to wire fraud, mail fraud, conspiracy to commit wire fraud and mail fraud as part of a scheme to gain control of church properties via forged documents and false statements. Continue Reading Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations
White House Demands Access to Fed HQ Renovation Site
The president has sent mixed signals on whether he wants to dismiss the central bank chief. Continue Reading White House Demands Access to Fed HQ Renovation Site
Mortgage Applications on New Home Purchases Up 8.5% from Last Year
The average loan size for new homes decreased from $379,209 in May to $376,077 in June. Continue Reading Mortgage Applications on New Home Purchases Up 8.5% from Last Year
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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.
Maine Brokerage Joins eXp Realty
Brackett decided to join eXp Realty after six years with Realty ONE Group. Continue Reading Maine Brokerage Joins eXp Realty
California Leads Nation with Commercial Foreclosures
California topped the states in this happening with 264 commercial foreclosures, a 238% spike from September 2023. Continue Reading California Leads Nation with Commercial Foreclosures
Shari’s Restaurants Closes All 42 Oregon Locations
The company now operates 17 locations in California, Idaho, and Washington. Continue Reading Shari’s Restaurants Closes All 42 Oregon Locations
Arizona Blocks Wildcat Development in Water-Challenged Community
Morning Vista Homes LLC, 2PHDS LLC and Andrei Polukhtin were accused of selling parcels without obtaining a public report. Continue Reading Arizona Blocks Wildcat Development in Water-Challenged Community
The Rattiest City in America Is…
New York State had the most cities among the top 50. Continue Reading The Rattiest City in America Is…
Report: 3 in 5 Gen Zers are Rent Burdened
Zillow noted that while 58.6% of today’s Gen Zers are rent burdened. Continue Reading Report: 3 in 5 Gen Zers are Rent Burdened
Alabama Home Sales and Median Sales Price Down in September
The 435 foreclosures in September represented a 1.4% drop from the previous month and a 6% decrease from the previous year. Continue Reading Alabama Home Sales and Median Sales Price Down in September
Input Sought on Whether Property Controls Impact Canada’s Grocery Retailers
The Competition Bureau is probing where property controls have restricted the operations of a food retailer. Continue Reading Input Sought on Whether Property Controls Impact Canada’s Grocery Retailers
Lake Michigan Credit Union Unveils Down Payment Assistance Program
The program has been initially funded with $1 million for its launch. Continue Reading Lake Michigan Credit Union Unveils Down Payment Assistance Program
Empire State Building Unveils 10,000 SF of New Amenities Space
The space also includes a basketball/pickleball court for the exclusive use of the building’s Fitness Center’s tenant members. Continue Reading Empire State Building Unveils 10,000 SF of New Amenities Space
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