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Existing Home Sales Inched Up 0.5% in November
The median existing home price in November was $409,200 for all housing types, up 1.2% from one year ago ($404,400). Continue Reading Existing Home Sales Inched Up 0.5% in November
Existing Home Sales Inched Up 0.5% in November
The median existing home price in November was $409,200 for all housing types, up 1.2% from one year ago ($404,400). Continue Reading Existing Home Sales Inched Up 0.5% in November
Granite Real Estate Investment Trust to Delist from the NYSE
Toronto-based Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) announced its intention to voluntarily delist its trust units from the New York Stock Exchange while remaining actively traded on the Toronto Stock Exchange. The company has its decision...
Fed Cuts Rates by Quarter Point
The Federal Reserve has lowered the target range for the federal funds rate by a quarter-percentage point to 3.5% to 3.75%. The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting – Stephen I....
Mid-Atlantic Region Home Sales Down in November
Closed sales across the Mid-Atlantic region services by Bright MLS were down 4.6% year-over-year in November while new pending sales were 1.6% lower over the same period. The number of new listings coming onto the market last month was 4.4% lower compared to November...
NEWS & CURRENT EVENTS
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
Real Estate Agent Faces Disciplinary Hearing for Moving Families into Condemned Property
The Manitoba Securities Commission accused Rahim Mirza of “conduct unbecoming a registrant.” Continue Reading Real Estate Agent Faces Disciplinary Hearing for Moving Families into Condemned Property
Execution Date Set for Killer of 2 Georgia Realtors
Stacey Ian Humphreys will be put to death by lethal injection on Dec. 17. Continue Reading Execution Date Set for Killer of 2 Georgia Realtors
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
“This should be the end of this case,” said Abbe Lowell, James’ attorney. Continue Reading Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
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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.
$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
The three-acre estate features a 15,000-square-foot residence with seven bedrooms. Continue Reading $37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
Maryland Sues Trump Administration for Blocking FBI HQ Relocation to the State
The administration overturned a Biden-era plan to move the agency’s offices out of Washington to a new building that was planned for Greenbelt, Maryland. Continue Reading Maryland Sues Trump Administration for Blocking FBI HQ Relocation to the State
Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Blackstone has been selling off the properties in a series of one-off transactions. Continue Reading Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Apartment Rents Record Greatest October Decline in Over 15 Years
On an annual measurement, rent growth slowed to 0.8%. Continue Reading Apartment Rents Record Greatest October Decline in Over 15 Years
Scott Neil to Become CEO at Realtor.ca Canada
Neil was previously CEO at the online marketplace Kijiji Canada. Continue Reading Scott Neil to Become CEO at Realtor.ca Canada
$21.5 Million Sale of Charleston Mansion Breaks City Record
The property at 51 East Bay Street encompasses four structures totaling over 15,700 square feet. Continue Reading $21.5 Million Sale of Charleston Mansion Breaks City Record
Whitestone REIT Acquires 90,000 SF Dallas-Area Shopping Plaza
In addition to World Cup Plaza, Whitestone also owns four other shopping centers nearby. Continue Reading Whitestone REIT Acquires 90,000 SF Dallas-Area Shopping Plaza
Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project
“We have to be very careful about how anything is perceived,” Dimon said. Continue Reading Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project
Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Berkshire Hathaway added that Buffett “has rarely commented publicly since Berkshire’s shareholder’s meeting last May.” Continue Reading Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
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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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