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The Top Luxury Housing Market Is…Detroit?
Within Detroit, the entry level into the top 10% in that market’s luxury housing sector is $721,625. Continue Reading The Top Luxury Housing Market Is…Detroit?
The Top Luxury Housing Market Is…Detroit?
Within Detroit, the entry level into the top 10% in that market’s luxury housing sector is $721,625. Continue Reading The Top Luxury Housing Market Is…Detroit?
RE/MAX: Home Sales Up for Fifth Straight Month
The latest housing data from RE/MAX (NYSE: RMAX) determined home sales during June were up across the 50 metro areas surveyed by the company. This marked the fifth consecutive month of increased sales. Last month’s sales activity was 1.3% higher compared to May and...
Q2 Home Sales in Texas Up 1.4%
Closed sales across Texas during the second quarter totaled 95,364, a year-over-year uptick of 1.4%. According to data from Texas Realtors, closed sales were up in 16 of the state’s metro areas and down in 10. Statewide, active listings increased 27.8% from the same...
New Legislation Seeks to Address Systemic Bias in Home Appraisals
Six Democratic senators have introduced legislation designed to address the potential for systemic bias in the home appraisal process. The Appraisal Modernization Act would require the Federal Housing Finance Agency to publish an online database of property-level...
NEWS & CURRENT EVENTS
Realty One Group International Expands Into the Dominican Republic
This is the 27th country where the company has a presence. Continue Reading Realty One Group International Expands Into the Dominican Republic
6-Unit Connecticut Multifamily Property Sells for $2 Million
Company president Matt Cawley represented the seller and procured the buyer, a local real estate investor in the transaction. Continue Reading 6-Unit Connecticut Multifamily Property Sells for $2 Million
Egypt Unveils Plans for New City
Egyptian Prime Minister Moustafa Madbouli declared the project to be “an urban and development revolution” that will create 250,000 jobs. Continue Reading Egypt Unveils Plans for New City
Hits and Misses for the Real Estate Week of May 26-30
This week’s Hits and Misses include Gov. Ron DeSantis and Kim Reynolds, former Vice President Kamala Harris, and NAR’s newest executives. Continue Reading Hits and Misses for the Real Estate Week of May 26-30
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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.
Zombie Foreclosure Rate Sinks in Q3
“Zombie foreclosures continue to be a mere blip on the radar screen,” said Rob Barber, CEO for ATTOM. Continue Reading Zombie Foreclosure Rate Sinks in Q3
GSEs Update Private Mortgage Insurer Eligibility Requirements
The updated standards will be implemented through a 24-month phased-in approach, with a fully effective date of Sept. 30, 2026. Continue Reading GSEs Update Private Mortgage Insurer Eligibility Requirements
Connecticut Mayor Sparks Online Anger by Celebrating ‘Ghetto’ Mural by Banksy
Mayor Joe Ganim told his Facebook audience the mural was a “lovely piece of artwork.” Continue Reading Connecticut Mayor Sparks Online Anger by Celebrating ‘Ghetto’ Mural by Banksy
Kroger Sues FTC Over Attempt to Block Merger with Albertsons
The merger was designed to create a combined company with more than 4,000 stores. Continue Reading Kroger Sues FTC Over Attempt to Block Merger with Albertsons
Wider Inventory Helps Boost Virginia Home Sales
Last month saw the sale of 9,947 homes across the state, a 10.7% year-over-year increase. Continue Reading Wider Inventory Helps Boost Virginia Home Sales
Alabama Records Sixth Straight Month of Rising Home Sales
Sales volume in July reached $1.51 billion. Continue Reading Alabama Records Sixth Straight Month of Rising Home Sales
Utah Files Lawsuit Challenging Federal Control Over Most BLM Land
“It is not a secret that we live in the most beautiful state in the nation,” said Gov. Spencer Cox. Continue Reading Utah Files Lawsuit Challenging Federal Control Over Most BLM Land
Jeremy Cramer Named Head of California CRE Lending at IDB Bank
Cramer was previously senior managing director at First Republic Bank. Continue Reading Jeremy Cramer Named Head of California CRE Lending at IDB Bank
Study: Homeowners Are Less Likely to Move Than Renters
Colorado had the largest share of residents who moved. Continue Reading Study: Homeowners Are Less Likely to Move Than Renters
Fannie Mae: Home Sales to Stay Weak Deep Into 2025
Mortgage rates are not forecast to go below 6% until the end of 2025. Continue Reading Fannie Mae: Home Sales to Stay Weak Deep Into 2025
ABOUT WEEKLY REAL ESTATE NEWS
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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