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New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
West purchased the property in 2021 for $57 million but left it unfinished after a highly publicized but ill-fated renovation project. Continue Reading New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
West purchased the property in 2021 for $57 million but left it unfinished after a highly publicized but ill-fated renovation project. Continue Reading New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
Survey: More Than Half of Canadians Who Own US Homes Plan to Sell Within Next Year
More than half (54%) of Canadians who currently own residential property in the US say they are planning to sell within the next year, according to a new survey conducted by Royal LePage Real Estate Services. Nearly two-thirds (62%) of those potential Canadian sellers...
Jeff Kellmas Named Director of Leasing at First National Realty Partners
First National Realty Partners (FNRP), a Red Bank, New Jersey-headquartered private equity commercial real estate firm, has hired Jeff Kellams as director of leasing. In his new job, Kellams will lead leasing initiatives across the firm's retail portfolio, with a...
Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
The housing market has lost about 14,000 home sellers over the past two months, according to data from the Rocket Companies (NYSE: RKT) division Redfin. This marked the first decline in sellers in two years. By the end of July, the total number of home sellers was...
NEWS & CURRENT EVENTS
Judge Axes CFPB’s Medical Debt Reporting Rule
US District Judge Sean Jordan stated the CFPB exceeded its’ authority by issuing the rule. Continue Reading Judge Axes CFPB’s Medical Debt Reporting Rule
Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments
The typical homebuyer’s down payment in 2024 was roughly $63,000, equal to 16.3% of the typical home-purchase price. Continue Reading Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments
Wall Street Journal Slams Trump-Pulte Housing Policies
“Now is not the time for the Administration to ease lending standards,” said the editors. Continue Reading Wall Street Journal Slams Trump-Pulte Housing Policies
Ohio’s Governor and Attorney General Pursue Rival Property Tax Reform Initiatives
“Ohioans are as angry as I’ve ever seen them – and rightly so,” Attorney General Dave Yost said. Continue Reading Ohio’s Governor and Attorney General Pursue Rival Property Tax Reform Initiatives
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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.
Can a T-Rex Family Help Spark Interest in a New Hampshire Home?
The listing promises a kitchen that is a “T-Rexcellent space for any chef.” Continue Reading Can a T-Rex Family Help Spark Interest in a New Hampshire Home?
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
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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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