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Federal Reserve Cuts Rates Again
The Fed warned that “uncertainty about the economic outlook remains elevated.” Continue Reading Federal Reserve Cuts Rates Again
Federal Reserve Cuts Rates Again
The Fed warned that “uncertainty about the economic outlook remains elevated.” Continue Reading Federal Reserve Cuts Rates Again
CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings
Andy Florance, the founder and CEO of CoStar Group (NASDAQ: CSGP) and Homes.com, took aim at Zillow (NASDAQ: Z, ZG) for its new ban on private listings. In April, Zillow announced it was enacting the National Association of Realtors’ Clear Cooperation Policy with “new...
Court Dismisses Homie’s Lawsuit Against NAR
A federal court has dismissed an antitrust lawsuit filed by the Utah-based real estate brokerage Homie against the National Association of Realtors (NAR) that claimed the organization’s member agents have steered prospective buyers away from Homie’s listings. In the...
Report: REITs Raised $22.5 Billion in Q2
US real estate investment trusts (REITs) raised $22.5 billion from secondary debt and equity offerings in the second quarter, with $16.3 billion coming from debt offerings, $6.1 billion coming from common equity offerings, and $100 million coming from preferred equity...
NEWS & CURRENT EVENTS
New Home Sales Surged in April
The median sales price of new houses sold in April was $407,200. Continue Reading New Home Sales Surged in April
RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
The RE/MAX network has a presence in over 110 countries and territories. Continue Reading RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
Housing Inventory Up 30.6%, a New Post-Pandemic High
A greater choice of homes for sale did not translate into a surge in homebuying. Continue Reading Housing Inventory Up 30.6%, a New Post-Pandemic High
Illinois Home Sales Decline While Housing Inventory Grows
For the nine-county Chicago metro area, a total of 7,857 homes were sold last month, down 4.2% from April 2024. Continue Reading Illinois Home Sales Decline While Housing Inventory Grows
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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.
Hits and Misses for the Real Estate Week of July 22-26
This week’s Hits and Misses includes a problematic affordable housing plan, a historic theater’s surprise honor and a real estate professional becomes Miss Florida USA 2024. Continue Reading Hits and Misses for the Real Estate Week of July 22-26
Tim Hudak to Step Down as CEO at Ontario Real Estate Association
Hudak did not say if he was leaving OREA for another opportunity. Continue Reading Tim Hudak to Step Down as CEO at Ontario Real Estate Association
Rent2Cash Closes on $3.25 Million Pre-Seed Round
The company also plans to recruit 30 new hires across its product, sales and marketing teams. Continue Reading Rent2Cash Closes on $3.25 Million Pre-Seed Round
Wisconsin Home Prices Rise Amid Declining Sales and Fewer New Listings
June’s home sales were down 10.5% year-over-year. Continue Reading Wisconsin Home Prices Rise Amid Declining Sales and Fewer New Listings
Mr. Cooper Pays $1.4 Billion For Flagstar’s Mortgage Operations
The acquisition encompasses Flagstar’s MSRs, advances, subservicing contracts, and a third-party origination platform. Continue Reading Mr. Cooper Pays $1.4 Billion For Flagstar’s Mortgage Operations
MBA: Homebuyer Affordability Conditions Improve
The national median mortgage payment for conventional loan applicants in June was $2,180. Continue Reading MBA: Homebuyer Affordability Conditions Improve
Donald Cherry Named VP of Sustainability at eXp Realty
Cherry joins eXp Realty with nearly 20 years of experience at USANA Health Sciences. Continue Reading Donald Cherry Named VP of Sustainability at eXp Realty
Kroger and Albertsons Pause Merger
In April, the companies said they would divest an additional 166 supermarkets to gain regulatory approval. Continue Reading Kroger and Albertsons Pause Merger
Williston Financial Group Adds 1031 Exchange
1031 Exchange services will be offered in partnership with Accruit LLC. Continue Reading Williston Financial Group Adds 1031 Exchange
Hollywood A-Listers Seek to Revive Long-Vacant Historic NYC Theater
Since its closure, multiple attempts were made to lease the space for nontheatrical tenants. Continue Reading Hollywood A-Listers Seek to Revive Long-Vacant Historic NYC Theater
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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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