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Report: California is Home to Four of the Top Five Riskiest Housing Markets
The new report determined that 16 of the 50 highest risk markets were in California. Continue Reading Report: California is Home to Four of the Top Five Riskiest Housing Markets
Report: California is Home to Four of the Top Five Riskiest Housing Markets
The new report determined that 16 of the 50 highest risk markets were in California. Continue Reading Report: California is Home to Four of the Top Five Riskiest Housing Markets
Arizona Couple Sued for Running Foreclosure Rescue Schemes
Arizona Attorney General Kris Mayes has filed a lawsuit against two individuals and the more than 50 entities they controlled for allegedly running a predatory real estate scheme that defrauded homeowners of their property using phony foreclosure rescue schemes. The...
21 State Attorneys General Blast Mortgage Fraud Probe of Letitia James as ‘Harassment and Intimidation’
A coalition of 21 Democratic state attorneys general have issued a public letter condemning the US Department of Justice (DOJ) probe of New York State Attorney General Letitia James for alleged mortgage fraud, claiming it is an act of political retribution by the...
ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
ECI Group has broken ground on The Averly Richmond Hill, a $60 million, 291-unit, mixed-use development with retail acreage in the Savannah suburb of Richmond Hill, Georgia. The Averly Richmond Hill will feature 243 apartment-style units plus 48 three-story townhouses...
NEWS & CURRENT EVENTS
A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
The FHFA director’s announcement on the use of VantageScore 4.0 might come with a few problems. Continue Reading A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
Newsom Allocates $101 Million for Multifamily Rebuilding After LA Fires
California Gov. Gavin Newsom announced the state’s Department of Housing and Community Development (HCD) will release $101 million to finance the rebuilding of affordable multifamily rental housing in the Greater Los Angeles Region. According to the governor’s office,...
Hello, Comrade! Russian Investors Take Greater Interest in US Real Estate
The average Russian buyer paid $652,915 per property, while the overall foreign average was $480,695. Continue Reading Hello, Comrade! Russian Investors Take Greater Interest in US Real Estate
Ohio Lawmakers to Consider Overriding Gov. DeWine’s Vetoes on 3 Property Tax Reforms
Ohio’s Senate has not set a date for the consideration of overriding the governor’s votes. Continue Reading Ohio Lawmakers to Consider Overriding Gov. DeWine’s Vetoes on 3 Property Tax Reforms
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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.
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
Report: Affordable Homeownership Remained Elusive in Q3
The national median price for single-family homes and condos was $365,000 in the third quarter. Continue Reading Report: Affordable Homeownership Remained Elusive in Q3
Forecast: California Homes Sales and Prices to Increase in 2025
The state’s median home price is forecast to soar by 4.6% to $909,400 next year. Continue Reading Forecast: California Homes Sales and Prices to Increase in 2025
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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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