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Toronto Home Sales and Prices Down in November
The average selling price of $1.03 million was 6.4% lower compared to November 2024. Continue Reading Toronto Home Sales and Prices Down in November
Toronto Home Sales and Prices Down in November
The average selling price of $1.03 million was 6.4% lower compared to November 2024. Continue Reading Toronto Home Sales and Prices Down in November
Existing Home Sales Up 2%
Existing home sales during July recorded a 2% month-over-month upswing to a seasonally adjusted annual rate of 4.01 million, according to the National Association of Realtors (NAR). On a year-over-year measurement, sales were up by 0.8%. The sales increase was matched...
15% of Home Purchase Agreements Fell Through in July
Approximately 58,000 home purchase agreements were canceled in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin. The rate of cancelations accounted for 15.3% of homes that went under contract last month, up from 14.5% one year ago....
Zombie Properties on the Rise
Roughly 1.4 million residential properties, or about 1.3% of all US homes, were vacant during the third quarter, according to data from ATTOM, which also found 7,519 pre-foreclosure homes, or 3.38% of the 222,318 properties in the process of foreclosure, were “zombie”...
NEWS & CURRENT EVENTS
Florida Man Sentenced for Hijacking Company’s Control to Commit Real Estate Fraud Scams
Robert Houston fraudulently claimed control of Sarasota-based Glenco Properties in 2022 with the Florida Division of Corporations. Continue Reading Florida Man Sentenced for Hijacking Company’s Control to Commit Real Estate Fraud Scams
NAR, MBA Praise Senate-Amended Passage of One Big Beautiful Bill
The bill will now go back to the House of Representatives for a reconciliation process. Continue Reading NAR, MBA Praise Senate-Amended Passage of One Big Beautiful Bill
Report: US Laundry Appliances Market to Reach $9.79 Billion by 2030
Upgraded appliance design that incorporates smart technology – including advanced sensors and Internet of Things capabilities – will further improve the user experience. Continue Reading Report: US Laundry Appliances Market to Reach $9.79 Billion by 2030
Missouri to Host Public Meetings to Discuss Property Tax Reform
Six public meetings will be held from mid-July through early September. Continue Reading Missouri to Host Public Meetings to Discuss Property Tax Reform
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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.
S2 Capital Acquires Denver-Area Multifamily Community
Dartmouth Woods was built in 1990 and consists of modern two- and three-story buildings. Continue Reading S2 Capital Acquires Denver-Area Multifamily Community
Gregory Raap Named SVP of Property Management at CONAM
Raap brings over two decades of multifamily real estate experience involving conventional, affordable and military housing. Continue Reading Gregory Raap Named SVP of Property Management at CONAM
Report: Many Sellers Still Covering Buyer’s Agent Fee Despite NAR Settlement Changes
Redfin agents in the Dallas and Portland markets have seen instances of “3%” written on a lockbox. Continue Reading Report: Many Sellers Still Covering Buyer’s Agent Fee Despite NAR Settlement Changes
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
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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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