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Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
Chinese Nationals Sue to Block Texas Law Banning Foreign Ownership of Property
Two Chinese citizens have filed a federal lawsuit to block a new Texas law designed to prohibit nationals of several countries from buying or leasing property in the state. The Houston Chronicle reports Peng Wang and Qinlin Li, Chinese nationals with visas, are...
REMAX Teams With Green Bay’s Matthew Golden in New Marketing Campaign
REMAX, a subsidiary of RE/MAX Holdings (NYSE: RMAX), has recruited Green Bay Packers wide receiver Matthew Golden as the subject of its latest marketing campaign. The Denver-based company tapped into comments made by Golden after his selection as a first-round draft...
Prudent Growth Partners Pays $7.25 Million for Atlanta-Area Shopping Center
The North Carolina-based private equity real estate firm Prudent Growth Partners LLC has completed its $7.25 million acquisition of Sugarloaf Village, a 32,000-square-foot shopping center located in the Atlanta suburb of Lawrenceville, Georgia. Built in 2008, the...
NEWS & CURRENT EVENTS
Kentucky Home Sales Rise Amid Wider Number of New Listings
The median sales price during the month was $279,000, up 6% month-over-month and up 3.4% year-over-year. Continue Reading Kentucky Home Sales Rise Amid Wider Number of New Listings
Newmark Represents United Nations in Office Lease Transaction
The lease encompasses 425,190 square feet across 26 stories. Continue Reading Newmark Represents United Nations in Office Lease Transaction
Washington Attorney General Sues 5 Properties for Deceiving Low-Income Senior Tenants
The lawsuit said these were violations of the Consumer Protection Act. Continue Reading Washington Attorney General Sues 5 Properties for Deceiving Low-Income Senior Tenants
Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
Year-to-date, Ginnie Mae facilitated the pooling and securitization of 268,000 loans for first-time homebuyers. Continue Reading Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
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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.
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
A Modular Constructed Commercial Property Grows in Brooklyn
The 58 Grattan project is expected to be completed by early 2025. Continue Reading A Modular Constructed Commercial Property Grows in Brooklyn
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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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