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Maine Home Sales Up 10.73% from Last Year
The median sales price for homes sold hit $426,000, up 7.85% from October 2024. Continue Reading Maine Home Sales Up 10.73% from Last Year
Maine Home Sales Up 10.73% from Last Year
The median sales price for homes sold hit $426,000, up 7.85% from October 2024. Continue Reading Maine Home Sales Up 10.73% from Last Year
Builders Continue to Have Little Confidence in the Housing Market
Home builders continued to express minimal optimism in the market for newly built single-family homes, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which registered a 32 level in August, down one point...
New Data Reports Highlight a Wobbly Housing Market
A pair of new data reports published today are highlighting a growing imbalance across the housing market. A report from the Rocket Companies (NYSE: RKT) division Redfin discovered a considerable slowing the pace of home sales – during July, the typical home that went...
Utah City Approves 34% Property Tax Hike
At a time when most states and municipalities are moving to lower property taxes, a city in southern Utah is going in the opposite direction with a substantial property tax hike. The Salt Lake Tribune reports the City Council in Ivins, Utah, voted 4-1 to raise...
NEWS & CURRENT EVENTS
SEC Charges New Hampshire Developer with Defrauding Real Estate Investors
The US Attorney’s Office for the District of New Hampshire filed criminal charges against Robynne Alexander. Continue Reading SEC Charges New Hampshire Developer with Defrauding Real Estate Investors
Walker & Dunlop Arranges $170 Million Financing for Mixed-Use Salt Lake City Complex
Post District opened in December 2023 and spans five buildings. Continue Reading Walker & Dunlop Arranges $170 Million Financing for Mixed-Use Salt Lake City Complex
Hyatt Sells Playa’s Real Estate Portfolio for $2 Billion
Hyatt Hotels Corporation (NYSE: H) announced the sale of Playa Hotels & Resorts NV’s real estate portfolio for $2 billion to Tortuga Resorts, a joint venture between an affiliate of KSL Capital Partners LLC and Rodina. Hyatt acquired Playa earlier this year for...
North Korea Unveils Shoreline Tourist Mecca
North Korea’s tiny tourism industry was shut down during the pandemic and only began receiving Russian tourists again in 2024. Continue Reading North Korea Unveils Shoreline Tourist Mecca
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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.
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
NAR Sued by Former Employee for Sexual Harassment
Sheth said she was fired in 2019 after reporting male supervisors. Continue Reading NAR Sued by Former Employee for Sexual Harassment
Two Quebec Real Estate Brokers Suspended for Bogus Offer Scheme
The brokers could face fines and the permanent suspension of their licenses. Continue Reading Two Quebec Real Estate Brokers Suspended for Bogus Offer Scheme
Maverick Real Estate Partners Closes Seventh Flagship Fund
The fund will invest in distressed real estate credit opportunities within New York City. Continue Reading Maverick Real Estate Partners Closes Seventh Flagship Fund
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