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SITE Centers Corp. Sells 5 Retail Plazas
The company did not identify the buyers of the properties. Continue Reading SITE Centers Corp. Sells 5 Retail Plazas
SITE Centers Corp. Sells 5 Retail Plazas
The company did not identify the buyers of the properties. Continue Reading SITE Centers Corp. Sells 5 Retail Plazas
Apartment Rent Growth Continues to Slow
Apartment rent growth slowed during July with the national average holding at $1,717, unchanged from June. According to data from Apartments.com, a marketplace of CoStar Group (NASDAQ: CSGP), July marked the sixth straight month of flat or negative monthly growth....
SBA Disburses Over $1.5 Million to Texas Flood Victims
The US Small Business Administration (SBA) has disbursed more than $1.5 million in disaster relief to Texans impacted by last month's severe storms and flooding. In the first month following the disaster, SBA has approved more than $8 million in federal disaster loans...
NY Attorney General Letitia James Subpoenaed Over Trump Fraud Case
New York Attorney General Letitia James has been subpoenaed by the US Attorney’s Office in Albany as part of a grand jury probe into her $454 million civil fraud case against President Trump. James, who first campaigned for office in 2018 vowing to make Trump a target...
NEWS & CURRENT EVENTS
Survey: One-Third of Baby Boomers Declare They Will Never Sell Their Homes
Roughly two-thirds (67%) of baby boomer homeowners have lived in their home for 16-plus years. Continue Reading Survey: One-Third of Baby Boomers Declare They Will Never Sell Their Homes
Single-Family Housing Starts Inch Up, Permits in Decline
Single-family authorizations in May were at a rate of 898,000, a 2.7% below the revised April figure of 923,000. Continue Reading Single-Family Housing Starts Inch Up, Permits in Decline
Mortgage Application Activity Down by 2.6%
The refinance share of mortgage activity increased to 37.3% of total applications from 36.7% in the previous week. Continue Reading Mortgage Application Activity Down by 2.6%
Home Flipping Profits Down in Q1
The typical investor paid $260,000 for a home they flipped in the first quarter and sold the property for $325,000. Continue Reading Home Flipping Profits Down in Q1
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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.
CFPB Issues Warning on Contract-for-Deed Transactions
Contract-in-deed transactions are covered by the federal Truth in Lending Act. Continue Reading CFPB Issues Warning on Contract-for-Deed Transactions
Blink Fitness, with 101 Gyms in 7 States, Files for Bankruptcy
The company is owned by the luxury fitness group Equinox Holdings. Continue Reading Blink Fitness, with 101 Gyms in 7 States, Files for Bankruptcy
California Housing Affordability Sinks to 17-Year Low
On a year-over-year basis, statewide home prices jumped 9% from the second quarter of 2023. Continue Reading California Housing Affordability Sinks to 17-Year Low
Rents Decline in All Bedroom Counts for First Time in 4 Years
The overall rental vacancy rate has remained at 6.6% for four consecutive quarters. Continue Reading Rents Decline in All Bedroom Counts for First Time in 4 Years
HUD Launches New Initiatives to Expand Affordable Housing
HUD launched a $250 million “Legacy Challenge” for transformative housing investments through the Section 108 Loan Guarantee. Continue Reading HUD Launches New Initiatives to Expand Affordable Housing
Andrew J. Sossen Rejoins Starwood Capital Group as Senior Managing Director
Sossen left the company in 2023 to work for a vertically integrated private equity firm. Continue Reading Andrew J. Sossen Rejoins Starwood Capital Group as Senior Managing Director
Glasshouse Realty Group Recruits Tom Kretz to Build Commercial Division
Kretz comes to Glasshouse after finalizing the sale of his co-ownership stake in Irongate Inc. Realtors. Continue Reading Glasshouse Realty Group Recruits Tom Kretz to Build Commercial Division
Nearly 90% of Metro Areas Recorded Q2 Home Price Gains
On the flip side, nearly 10% of markets experienced home price declines in the second quarter. Continue Reading Nearly 90% of Metro Areas Recorded Q2 Home Price Gains
California Bill Would Mandate Time Limit on Homebuyer Agent Contracts
Currently, 19 states require buyer representation agreements. Continue Reading California Bill Would Mandate Time Limit on Homebuyer Agent Contracts
Another Leadership Turnover at Jacksonville Housing Authority
Roslyn Mixon-Phillips was approved by the agency’s board of commissioners. Continue Reading Another Leadership Turnover at Jacksonville Housing Authority
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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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