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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
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
Cincinnati Bengals Sign Lease to Stay at Paycor Stadium
The Cincinnati Bengals announced it has finalized a new lease that will keep the team at Paycor Stadium through June 2036, with the option for a 10-year extension through June 2046. As part of the lease deal, the Bengals will invest $120 million in a renovation...
UBS in $300 Million Settlement Over Credit Suisse RMBS Case
UBS (NYSE: UBS) has agreed to a $300 million settlement with the Department of Justice that will settle the legacy Credit Suisse case regarding the improper sales of residential mortgage-backed securities (RMBS) prior to the 2008 financial crisis. The...
Hits and Misses for the Real Estate Week of July 28-Aug. 1
The Fed ignores the president, FICO lobbies Congress, and Grant Cardone needs a CFO. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 28-Aug. 1. Miss: If You Can’t Say Something Nice. For the past several weeks, President...
NEWS & CURRENT EVENTS
RE/MAX: Home Sales Up for Fourth Consecutive Month
The median sales price also increased year-over-year for the 23rd straight month to reach $442,000. Continue Reading RE/MAX: Home Sales Up for Fourth Consecutive Month
Bing Crosby’s Northern California Estate Sells at Discounted $25 Million
The French chateau-style residence in Silicon Valley enclave of Hillsborough was built in 1929. Continue Reading Bing Crosby’s Northern California Estate Sells at Discounted $25 Million
Manhattan’s Rental Market Breaks New Price Record
Among property types, studio apartments in Manhattan recorded the greatest rent increase with a 9.5% year-over-year surge to an average of $3,400. Continue Reading Manhattan’s Rental Market Breaks New Price Record
25,000 SF Retail Plaza in Pennsylvania Sells for $12 Million
The property is occupied by a Wawa convenience store and gas station and a Tractor Supply center. Continue Reading 25,000 SF Retail Plaza in Pennsylvania Sells for $12 Million
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Hits and Misses for the Real Estate Week of Sept. 9-13
This week’s Hits and Misses include a near-silence on housing in the presidential debate and newly listed homes with sketchy histories. Continue Reading Hits and Misses for the Real Estate Week of Sept. 9-13
American Real Estate Association Offers Update on Launch
The AREA website stated plans for a national multiple listing service. Continue Reading American Real Estate Association Offers Update on Launch
Unregistered Mortgage Broker Fined $33,000 by British Columbia Regulator
Charles Funaro and his companies will also be required to pay $3,500 to cover the regulator’s investigation costs. Continue Reading Unregistered Mortgage Broker Fined $33,000 by British Columbia Regulator
Portugal Allocates $2.2 Billion to Build 33,000 Homes by 2030
Rents spiked by 94% since 2015 in Lisbon while house prices soared by 186%. Continue Reading Portugal Allocates $2.2 Billion to Build 33,000 Homes by 2030
NAR Warns Members Against Fake Web Domain Email Offers
NAR said the messaging was not originating from its office, but instead were coming from DomainNetworks.com. Continue Reading NAR Warns Members Against Fake Web Domain Email Offers
Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032
The Asia-Pacific region led the 3D printing construction market in 2023 with a 42% revenue share. Continue Reading Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032
New Hotel Planned at NYC’s Rockefeller Center
The 33-story Kimpton Rockefeller Center is set to open in late 2025 on West 48th Street between Fifth and Sixth Avenues. Continue Reading New Hotel Planned at NYC’s Rockefeller Center
Medical Properties Trust Regains Control of Its Real Estate from Steward Health Care
Medical Properties Trust acquired Steward for $1.25 billion in 2016. Continue Reading Medical Properties Trust Regains Control of Its Real Estate from Steward Health Care
Report: Ex-Trump Administration Officials Formulating New GSE Reform Plan
Fannie Mae and Freddie Mac have been in conservatorship for 16 years. Continue Reading Report: Ex-Trump Administration Officials Formulating New GSE Reform Plan
Blockchain Real Estate Platform Propy Names Former SEC Commissioner as Advisory Board Member
Propy also appointed former Wall Street Journal columnist Michael Casey to its board of directors. Continue Reading Blockchain Real Estate Platform Propy Names Former SEC Commissioner as Advisory Board Member
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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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