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Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
The 1.5 million-square-foot mall was foreclosed on last week, selling for $134 million. Continue Reading Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
The 1.5 million-square-foot mall was foreclosed on last week, selling for $134 million. Continue Reading Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
The Best Housing Markets? Two New Data Reports Offer Different Opinions
Question: What housing markets are currently considered to be the hottest? Answer: It depends which data report you consult. And a pair of newly Realtor.com published its list of Top Metros for New Construction, which involves an analysis of the 100 largest metros...
Kentucky Home Sales Up During July
A total number of 4,737 listings were sold in Kentucky during July, a 1.68% uptick from the previous month and a 3.6% year-over-year increase. According to data from Kentucky Realtors, the state had 6,802 new listings last month a 4.8% increase from June and an 8.7%...
America’s Most Expensive ZIP Code Is…
Among the neighborhoods where the rich folks live, the median price for a home in the top 10% nationwide is $1.3 million, while the top 5% of homes list for around $5.5 million. But that’s affordable housing compared to the top 1% where homes are priced at $5.7...
NEWS & CURRENT EVENTS
Report: Active Listings Exceed Pre-Pandemic Levels in 22 of 50 Largest Metros
Denver recorded the largest recovery from the pandemic era with a 100% increase in available homes compared to 2017–2019 averages. Continue Reading Report: Active Listings Exceed Pre-Pandemic Levels in 22 of 50 Largest Metros
FBI to Move HQ to DC’s Ronald Reagan Building Complex
The FBI will take over the space that was recently occupied by the US Agency for International Development. Continue Reading FBI to Move HQ to DC’s Ronald Reagan Building Complex
Fairway Independent Mortgage Changes Its Name
The newly named Fairway Home Mortgage will highlight the tagline “All Roads Lead Home.” Continue Reading Fairway Independent Mortgage Changes Its Name
Jesse Hill Named CFO at eXp World Holdings
Hill has served as the company’s interim CFO and principal financial officer since April. Continue Reading Jesse Hill Named CFO at eXp World Holdings
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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.
Hurricane Helene Forecast to Hit Florida as Category 4 Storm
A state of emergency was declared in 61 of the Florida’s 67 counties. Continue Reading Hurricane Helene Forecast to Hit Florida as Category 4 Storm
30-Year Fixed-Rate Mortgage at 2-Year Low
The 30-year fixed-rate mortgage averaged 6.08% as of Sept. 26. Continue Reading 30-Year Fixed-Rate Mortgage at 2-Year Low
Three Lawyers and a Realtor in New Jersey Indicted in Short Sale Fraud Scheme
Lawyers Bruce Egert, Nelson Kong, Seung Han Shin (aka Aaron Shin) and realtor Francisco Sanchez were each indicted by a federal grand jury. Continue Reading Three Lawyers and a Realtor in New Jersey Indicted in Short Sale Fraud Scheme
Housing Starts Up in Canada’s Largest Cities
Housing starts decreased in Toronto, Vancouver, and Ottawa. Continue Reading Housing Starts Up in Canada’s Largest Cities
Vanderbilt University Leases 2.2-Acre Campus in Manhattan
The Wall Street Journal reported the property is valued at more than $100 million. Continue Reading Vanderbilt University Leases 2.2-Acre Campus in Manhattan
Cardone Capital Acquires 331-Unit Multifamily Property in Fort Lauderdale
The property last sold in 2016 for $114.4 million. Continue Reading Cardone Capital Acquires 331-Unit Multifamily Property in Fort Lauderdale
Pending Home Sales Up Slightly in August
On a regional basis, the Midwest, South and West posted monthly gains in transactions. Continue Reading Pending Home Sales Up Slightly in August
Tech Trends: Help for the Property Owners
This week’s edition for Tech Trends highlights four new tools designed to help current and prospective property owners. Continue Reading Tech Trends: Help for the Property Owners
Mortgage Application Payments Down by Nearly 4%
The national median mortgage payment for conventional loan applicants was $2,056. Continue Reading Mortgage Application Payments Down by Nearly 4%
Asking Rents for New Apartments at Lowest Level in 2 Years
Rents for one-bedroom apartments were down 9% year-over-year to $1,566. Continue Reading Asking Rents for New Apartments at Lowest Level in 2 Years
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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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