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Report: Home Delistings Up 28% Year-Over-Year
Roughly one in five homes that were delisted over the summer were re-listed within three months. Continue Reading Report: Home Delistings Up 28% Year-Over-Year
Report: Home Delistings Up 28% Year-Over-Year
Roughly one in five homes that were delisted over the summer were re-listed within three months. Continue Reading Report: Home Delistings Up 28% Year-Over-Year
Detroit City FC Will Pay Property Taxes on New Soccer Stadium
The CEO of Detroit City FC announced that his team will pay property taxes on its new soccer stadium. Axios reports Sean Mann pledged his team will cover property taxes for the 15,000-seat AlumniFi Field only – the property will also include an affordable housing...
Connecticut Cities Increase Fines Against Landlords with Blighted Properties
A pair of Connecticut cities are taking a tougher new approach to fighting neighborhood blight by upping fines against the owners of the rundown properties. WFSB reports the City of New Haven announced a new plan that increases the fine for a blighted property from...
Essay Contest Offers Unique Grand Prize: A Luxury Home in Virginia
A new contest is underway with a $1.8 million property in Fredericksburg, Virginia, as the grand prize – and the winner of this competition will be judged solely on their literary skills. The new "Write Your Way Home" Contest challenges entrants to submit a 250- to...
NEWS & CURRENT EVENTS
Kennedy Wilson Acquires 2 Apartment Communities for $166 Million
The fund invested $61 million of equity in these transactions. Continue Reading Kennedy Wilson Acquires 2 Apartment Communities for $166 Million
Blackstone Pays $2 Billion for CRE Loans from Atlantic Union
Blackstone has acquired $20 billion of CRE loan portfolios in the last 24 months. Continue Reading Blackstone Pays $2 Billion for CRE Loans from Atlantic Union
Virginia Home Sales Remain Flat While Prices Continue to Rise
Virginia’s median sales price was $440,000 in May, up $15,000 since last year, reflecting a 3.5% increase. Continue Reading Virginia Home Sales Remain Flat While Prices Continue to Rise
Mortgage Rates Decline Again
The 30-year fixed-rate mortgage averaged 6.77% as of June 26. Continue Reading Mortgage Rates Decline Again
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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.
Realtor.com Debuts AI Design Tool for Homeowners
The new tool is powered by the residential 3D property data provider Hover. Continue Reading Realtor.com Debuts AI Design Tool for Homeowners
Landlord Agrees to Sell Colorado Complex Overrun by Venezuelan Crime Gang
Aspen Grove was shut down last month by the city amid charges that the property carried multiple health and safety issues. Continue Reading Landlord Agrees to Sell Colorado Complex Overrun by Venezuelan Crime Gang
Four-Property Commercial Portfolio in Connecticut Sells for $26.5 Million
The property had a total appraised value of $29.45 million. Continue Reading Four-Property Commercial Portfolio in Connecticut Sells for $26.5 Million
Frank Lloyd Wright’s First Commission Residence Listed at Nearly $2 Million
The Winslow House was added to the National Register of Historic Places in 1970. Continue Reading Frank Lloyd Wright’s First Commission Residence Listed at Nearly $2 Million
Big Lots Declares Bankruptcy, Announces Sale to Nexus; Future of Stores Uncertain
The company said it will “assess its operational footprint, which will include closing additional store locations.” Continue Reading Big Lots Declares Bankruptcy, Announces Sale to Nexus; Future of Stores Uncertain
Hits and Misses for the Real Estate Week of Sept. 2-6
The multiple levels of illegal immigration’s effects on housing and a 1,700-page report on a deadly building fire are part of this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Sept. 2-6
Real Estate Developer Convicted with Menendez Pleads Guilty to Bank Fraud Charge
He faces a maximum penalty of 30 years in prison and a top fine of $1 million. Continue Reading Real Estate Developer Convicted with Menendez Pleads Guilty to Bank Fraud Charge
Newsom Vetoes Bill to Provide Homebuying Assistance to Illegal Immigrants
The bill’s author, State Rep. Joaquin Arambula (D-Fresno), sought to downplay the immigrant status nature of his bill. Continue Reading Newsom Vetoes Bill to Provide Homebuying Assistance to Illegal Immigrants
Montreal Home Sales Up 9% in August
Active listings rose by 18% year-over-year to reach 17,200 listings. Continue Reading Montreal Home Sales Up 9% in August
Toll Brothers Unveils New Community in Florida
Homes will be priced from $1.9 million, and the community is expected to open for sale in early 2025. Continue Reading Toll Brothers Unveils New Community in Florida
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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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