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Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
Mortgage Rates at 10-Month Low
The 30-year fixed-rate averaged 6.58% as of Aug. 14, 2025, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.63%; it also marked the lowest level recorded year-to-date. A year...
Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
Treasury Secretary Scott Bessent is walking back demands he made yesterday that the Federal Reserve cut rates by 50 basis points at its next policy meeting in September. In an interview on Fox Business this morning, Bessent insisted, “I didn't tell the Fed what to do....
Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
The number of residential properties sold in Texas to international buyers is up by nearly 9% year-over-year, according to the 2025 Texas International Residential Transactions Report released by Texas Realtors. The new report found nearly 7,500 buyers from other...
NEWS & CURRENT EVENTS
FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
No deadline was set, but Pulte asked that the directive “should be implemented as soon as reasonably practical.” Continue Reading FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
Al Sharpton Recruited to Encourage Low-Income Investors for Times Square Casino Project
“A New York casino belongs in Times Square, and it should be designed to benefit all New Yorkers,” said Sharpton. Continue Reading Al Sharpton Recruited to Encourage Low-Income Investors for Times Square Casino Project
Ouch! New Home Sales Down by 13.7%
The median sales price of new houses sold in May was $426,600, a 3.7% uptick from the April price of $411,400. Continue Reading Ouch! New Home Sales Down by 13.7%
$110 Million Los Angeles Estate is May’s Most Expensive Home Sale
The most expensive current listing is 1960 S. Ocean Blvd, Manalapan, Florida 33462 at $285 million. Continue Reading $110 Million Los Angeles Estate is May’s Most Expensive Home Sale
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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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