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Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
New foreclosure filings across the city nearly doubled over the first six months of 2025 compared to the second half of last year. Continue Reading Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
New foreclosure filings across the city nearly doubled over the first six months of 2025 compared to the second half of last year. Continue Reading Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
$110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
A Los Angeles estate known as the “Spelling Manor” after its former owner, producer Aaron Spelling, topped the list of July’s most expensive home sales, according to new data from Redfin. The Spelling Manor’s $110 million sale price was far greater than the runner-up...
Sandra Howard Named Chief Marketing Officer at Keller Williams
Keller Williams Realty LLC (KW) has announced the appointment of Sandra Howard as chief marketing officer, effective Aug. 18. In her new role, Howard will focus on growing KW’s revenue via strategic marketing, branding, and communications-driven initiatives. Before...
Treasury Secretary Bessent Calls on Fed to Make a 50 Basis Point Rate Cut in September
Treasury Secretary Scott Bessent ratcheted up the Trump administration’s pressure for Federal Reserve rate cuts by bluntly stating the central bank’s benchmark is at least 1.5 percentage points too high. “I think we could go into a series of rate cuts here, starting...
NEWS & CURRENT EVENTS
FHFA’s Pulte Continues Attacks on Powell, Joined by Commerce Secretary Lutnick
“The United States of America is the greatest country in the world yet it has to suffer with the highest interest rates of any first class country,” Lutnick wrote. Continue Reading FHFA’s Pulte Continues Attacks on Powell, Joined by Commerce Secretary Lutnick
Hits and Misses for the Real Estate Week of June 16-20
Another sports team eyeing public funds for a new stadium, property tax relief comes to Texas, and a social media influencer who gave very bad advice. Continue Reading Hits and Misses for the Real Estate Week of June 16-20
Pennsylvania’s Rising Home Sales Benefit from Increased Listings
The median sales price also climbed to $305,000 in May, up by 3% from the prior month and up 6% from one year earlier. Continue Reading Pennsylvania’s Rising Home Sales Benefit from Increased Listings
Fed Governor Waller: ‘We’re in the Position’ to Cut Rates
“That would be my view, whether the committee would go along with it or not,” he added. Continue Reading Fed Governor Waller: ‘We’re in the Position’ to Cut Rates
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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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