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Alabama Home Sales Down During October
The state’s median sales price was $253,201, up by 7.6% from September and by 19.7% from October 2024. Continue Reading Alabama Home Sales Down During October
Alabama Home Sales Down During October
The state’s median sales price was $253,201, up by 7.6% from September and by 19.7% from October 2024. Continue Reading Alabama Home Sales Down During October
Company to Pay $16 Million for Selling Faulty Air Conditioners
The US Department of Justice announced Royal Sovereign International Inc., a now-defunct New Jersey company that sold office and home appliances, pleaded guilty to a criminal charge for failing to report information on portable air conditioners that were allegedly...
11th Century Italian Castle Listed at $4.16 Million
An Italian castle dating back to the early 11th century is now on the market for $4.16 million. Mansion Global reports the 102,257-square-foot residence with 10 bedrooms and 10 bathrooms is located on a 1.2-acre property in Landriano, roughly 15 miles south of Milan....
Leader of Movement to End Michigan’s Property Taxes Announces Bid for Governor
A leader of the movement to abolish Michigan’s property taxes announced her candidacy to become the state’s governor. MLive.com reports Karla Wagner, the executive director of Ax MI Tax, has filed to become a candidate in next year’s gubernatorial race. In addition to...
NEWS & CURRENT EVENTS
256-Unit Luxury Residential Tower to Rise Over Nairobi
Taher Saleh, managing director of SMB Properties, said, “Le Mirage Residences by CityBlue represents the pinnacle of luxury and architectural innovation in Kenya.” Continue Reading 256-Unit Luxury Residential Tower to Rise Over Nairobi
Premier Mortgage Resources Debuts Specialty Products Division
“The mortgage landscape is evolving, and so are the needs of our clients,” said Cory Swain, CEO. Continue Reading Premier Mortgage Resources Debuts Specialty Products Division
Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
His most recent effort to lure investor money came on April 25, when he used a Substack posting to solicit input from people seeking to improve their credit scores. Continue Reading Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
“Brokers who facilitate private marketplaces are likely to find themselves on the wrong side of history,” said Damian Eales. Continue Reading Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
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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.
Minnesota Foreclosure Rescue Service in $240K Settlement Over Compliance Errors
Dwell Equities agreed to stop engaging or continuing a foreclosure rescue service or engage in equity stripping. Continue Reading Minnesota Foreclosure Rescue Service in $240K Settlement Over Compliance Errors
West Virginia Governor Blames James Dimon for Foreclosure Auction of Historic Hotel
The Justice family accused the foreclosure to be a “political stunt” by Dimon. Continue Reading West Virginia Governor Blames James Dimon for Foreclosure Auction of Historic Hotel
Connecticut Supreme Court Rules in Favor of Homeowners Making Short-Term Rentals
The court’s 5-2 ruling determined that a “residence” is not synonymous with a permanent presence. Continue Reading Connecticut Supreme Court Rules in Favor of Homeowners Making Short-Term Rentals
Louis CK Lists Shelter Island Estate for $9.25 Million
The Tudor-stye 5,300-square-foot residence on a 2.02-acre property was built in 1901. Continue Reading Louis CK Lists Shelter Island Estate for $9.25 Million
CMBS Delinquency Rate Rises, Fueled by Office Sector
Year-over-year, the overall CMBS delinquency rate is up 102 basis points. Continue Reading CMBS Delinquency Rate Rises, Fueled by Office Sector
Furniture Retailer Badcock to Shut Down, Closing 380 Stores
The company’s shuttering follows last week’s bankruptcy filing by its parent company Conn’s. Continue Reading Furniture Retailer Badcock to Shut Down, Closing 380 Stores
Blackstone in Talks to Acquire Retail-Focused REIT
ROIC owns 95 shopping centers covering roughly 10.7 million square feet. Continue Reading Blackstone in Talks to Acquire Retail-Focused REIT
Colibri Real Estate to Host Virtual Career Expos
Both expos will take place virtually and there is no cost to attend. Continue Reading Colibri Real Estate to Host Virtual Career Expos
Mortgage Rates Drop to 6-Month Low
The 30-year fixed-rate mortgage averaged 6.73% as of Aug. 1. Continue Reading Mortgage Rates Drop to 6-Month Low
Housing Inventory Reaches Post-Pandemic High
The amount of time that homes are spending on the market is also growing. Continue Reading Housing Inventory Reaches Post-Pandemic High
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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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