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Mortgage Rates Inch Up Again
The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6. Continue Reading Mortgage Rates Inch Up Again
Mortgage Rates Inch Up Again
The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6. Continue Reading Mortgage Rates Inch Up Again
Arizona’s JBRE & Co. Joins The Real Brokerage
The Real Brokerage Inc. (NASDAQ: REAX), that the JBRE & Co. real estate team in Northern Arizona has joined the company. Founded in 2017 and led by Justin Bemis, the nine-agent team serves Flagstaff, Sedona and Prescott and is on track to exceed $100 million in...
Compass Expands in North Carolina with Addition of Cottingham Chalk
Compass Inc. (NYSE: COMP) expanded its presence in the North Carolina market with the addition of Cottingham Chalk, an independent brokerage based in Charlotte. Co-founded by Dan Cottingham and John D. Chalk in 1983, Cottingham Chalk’s 70 agents closed $589 million in...
Rental Housing Developer Sunstone Two Tree Opens Phoenix Office
Sunstone Two Tree, a developer and operator of rental housing communities in high-growth markets, announced that it has opened an office in Phoenix. Based in The Promenade office park in North Scottsdale, the new space will support the company's operations in the...
NEWS & CURRENT EVENTS
HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.
HomeXpress will operate as a subsidiary of Chimera under the continuing leadership of President and CEO Kyle Walker. Continue Reading HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.
Mortgage Rates Remain Mostly Flat
The 30-year fixed-rate mortgage averaged 6.84% as of June 12. Continue Reading Mortgage Rates Remain Mostly Flat
Report: 28% of Homes Now Selling Above Asking Price
At the same time, new listings are up 5.2% year-over-year. Continue Reading Report: 28% of Homes Now Selling Above Asking Price
California Commercial Real Estate Broker Pleads Guilty to Obstructing the IRS
Gabriel David Guerrero is free on $50,000 bond and is scheduled for a Sept. 15 sentencing hearing. Continue Reading California Commercial Real Estate Broker Pleads Guilty to Obstructing the IRS
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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.
Mixed-Use Development Planned Next to NJ’s Monmouth Park Racetrack
The first phase of this project is slated to break ground in the fourth quarter of 2025. Continue Reading Mixed-Use Development Planned Next to NJ’s Monmouth Park Racetrack
University of Colorado to Offer New Property Management and Real Estate Program
The four-year degree program begins in 2025. Continue Reading University of Colorado to Offer New Property Management and Real Estate Program
Chartwell Retirement Residents Acquires 3 British Columbia Properties for $226.9 Million
Chartwell Retirement Residences (TSX: CSH.UN) (OTCMKTS: CWSRF), Canada’s largest provider of senior housing, has acquired three retirement residences on Vancouver Island for an aggregate purchase price of $226.9 million. The three properties have a combined total 384...
Police: Suspect in Toronto-Area Realtor’s Murder Fled to Hong Kong
Zhixiong Marko Hu left Canada on Aug. 12, the day that the burned remains of Yuk-Ying (Anita) Mui were discovered Continue Reading Police: Suspect in Toronto-Area Realtor’s Murder Fled to Hong Kong
NAR Seeks Supreme Court Input to Stop DOJ’s Relaunched Probe
NAR plans to file a writ of certiorari to the Supreme Court by Oct. 10. Continue Reading NAR Seeks Supreme Court Input to Stop DOJ’s Relaunched Probe
District of Columbia in $3.3 Million Settlement with Title Insurance Firms Over Kickback Schemes
The four companies were accused of violating the District’s Consumer Protection Procedures Act. Continue Reading District of Columbia in $3.3 Million Settlement with Title Insurance Firms Over Kickback Schemes
Forecast: Global Real Estate Software Market to Grow by $7 Billion Through 2028
The market’s potential expansion is attributed in part to technology advancements, particularly with blockchain applications. Continue Reading Forecast: Global Real Estate Software Market to Grow by $7 Billion Through 2028
Suspect in Toronto-Area Realtor’s Murder Believed to Have Fled Canada
Zhixiong Marko Hu was wanted for first-degree murder in the death of Yuk-Ting (Anita) Mui. Continue Reading Suspect in Toronto-Area Realtor’s Murder Believed to Have Fled Canada
California Senate Approves Bill to Expand Down Payment Program to Illegal Immigrants
It is uncertain if Gov. Newsom will sign or veto the bill. Continue Reading California Senate Approves Bill to Expand Down Payment Program to Illegal Immigrants
Atlanta Fed Chief Recommends Waiting on Rate Cuts
The Fed has kept its policy rate in the 5.25%-5.50% range for more than year as a strategy to bring down high inflation. Continue Reading Atlanta Fed Chief Recommends Waiting on Rate Cuts
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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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