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New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
West purchased the property in 2021 for $57 million but left it unfinished after a highly publicized but ill-fated renovation project. Continue Reading New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
West purchased the property in 2021 for $57 million but left it unfinished after a highly publicized but ill-fated renovation project. Continue Reading New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
Indiana Home Sales Up 9% From One Year Ago
Indiana recorded 7,749 home sales in July, a 1% increase from one year before, while new pending sales totaled 7,853 transactions, up 9% from the prior year. According to the Indiana Association of Realtors (IAR), July's 10,115 new listings marked a 9% year-over-year...
Foreclosure Activity Up 13% Year-Over-Year
A total of 36,128 residential properties had foreclosure filings in July, up 11% from the prior month and up 13% from one year earlier. According to data from ATTOM, one in every 3,939 housing units had a foreclosure filing in July. The states with the worst...
Playboy Relocates HQ from Los Angeles to ‘Business-Friendly’ Miami Beach
Playboy Inc. (NASDAQ: PLBY) is relocating its global corporate headquarters from Los Angeles to Miami Beach. Playboy was founded in Chicago by Hugh Hefner in 1953 and relocated to California in 1975. In a press statement, the company said the relocation after a...
NEWS & CURRENT EVENTS
Barri Rafferty to Lead PR/Government Relations at Anywhere Real Estate
She will report directly to Anywhere President and CEO Ryan Schneider and will serve on the company’s executive committee. Continue Reading Barri Rafferty to Lead PR/Government Relations at Anywhere Real Estate
Trump Tells Congress to Pressure ‘Very Dumb, Hardheaded’ Powell Over Rate Policy
“Europe has had 10 cuts, we have had ZERO,” said Trump on Truth Social. Continue Reading Trump Tells Congress to Pressure ‘Very Dumb, Hardheaded’ Powell Over Rate Policy
Florida Records Declines in Home Sales and Prices
The statewide median sales price for single-family existing homes last month was $415,000, down 2.7% from the previous year. Continue Reading Florida Records Declines in Home Sales and Prices
New York State Home Sales Down 11% Despite Increase in Listings
The median sales price in New York State for May was $436,000, up 3.8% from the $420,000 price set one year earlier. Continue Reading New York State Home Sales Down 11% Despite Increase in Listings
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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.
Multifamily Lending Down 49% in 2023
During 2023, 51% of the active lenders made five or fewer multifamily loans. Continue Reading Multifamily Lending Down 49% in 2023
A New Record: 1 in 10 Homes Are Worth $1 Million or More
California has the most metros with million-dollar homes. Continue Reading A New Record: 1 in 10 Homes Are Worth $1 Million or More
Housing Starts Tumble by 14.1%
Housing starts were at the lowest level since May 2020. Continue Reading Housing Starts Tumble by 14.1%
Canadian Housing Starts Rise by 16%
CMHC Chief Economist Bob Dugan observed that “developers remain focused on multi-unit construction in Canada’s major centers.” Continue Reading Canadian Housing Starts Rise by 16%
The St. Joe Company Signs Two New Homebuilder Partnerships
St. Joe’s builder program now includes 19 builders. Continue Reading The St. Joe Company Signs Two New Homebuilder Partnerships
T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store
The company expects to create 200 jobs with the new store. Continue Reading T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store
David G. Paulson to Become CEO at Federal Home Loan Bank of Pittsburgh
Paulson replaces Winthrop Watson, who announced his retirement in April. Continue Reading David G. Paulson to Become CEO at Federal Home Loan Bank of Pittsburgh
Harris Pledges to Build 3 Million New Homes if Elected
The Democratic presidential nominee is only now offering a glimpse into her economic proposals. Continue Reading Harris Pledges to Build 3 Million New Homes if Elected
NAR Rival American Real Estate Association Begins Membership Drive
“We’ve been busy behind the scenes these last few months building the foundation for your new trade association,” said the co-founders in their email alert. Continue Reading NAR Rival American Real Estate Association Begins Membership Drive
Investor Home Purchases Recorded Biggest Increase in 2 Years
San Jose and Las Vegas recorded 27% year-over-year increases in investor home purchases during the second quarter. Continue Reading Investor Home Purchases Recorded Biggest Increase in 2 Years
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