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New Data Reports Find Easing in Home Prices
“New York again led all metros with a 6.1% annual gain, followed by Chicago at 5.9% and Cleveland at 4.7%,” said Nicholas Godec of S&P Dow Jones Indices. Continue Reading New Data Reports Find Easing in Home Prices
New Data Reports Find Easing in Home Prices
“New York again led all metros with a 6.1% annual gain, followed by Chicago at 5.9% and Cleveland at 4.7%,” said Nicholas Godec of S&P Dow Jones Indices. Continue Reading New Data Reports Find Easing in Home Prices
Hello, Comrade! Russian Investors Take Greater Interest in US Real Estate
Russian nationals are taking a new shine to US real estate, generating a 78.5% year-over-year activity spike in this market. According to The Moscow Times’ analysis of Tranio data, the US ranks ninth among Russian real estate investors seeking global properties,...
Ohio Lawmakers to Consider Overriding Gov. DeWine’s Vetoes on 3 Property Tax Reforms
Ohio legislators are returning to the State House on July 21 to vote on overriding some Gov. Mike DeWine's vetoes on property tax reforms. WSYX reports that DeWine issued 67 line-item vetoes in the state's $60 billion budget bill. The special session will consider...
Asking Rents Down for Fourth Straight Month
The median asking rent in June dropped by 0.5% year-over-year to $1,642, according to data from Redfin. This marked the fourth straight month of annual declines. On a month-over-month basis, asking rents rose 0.6%. June’s median asking rent is $63 below the $1,705...
NEWS & CURRENT EVENTS
Ex-Vancouver Mayor Tapped as Canada’s New Housing Minister
Vancouver housing prices soared 179% while Gregor Robertson was mayor. Continue Reading Ex-Vancouver Mayor Tapped as Canada’s New Housing Minister
A Phil Hall Op-Ed: The New Wave of Taxpayer-Funded Stadiums
Editor Phil Hall questions if taxpayers should be financing new privately-owned stadium projects. Continue Reading A Phil Hall Op-Ed: The New Wave of Taxpayer-Funded Stadiums
Mortgage Lender Lower Acquires Real Estate Portal Movoto
The Austin-based Movoto bills itself as the largest privately-owned residential real estate search website. Continue Reading Mortgage Lender Lower Acquires Real Estate Portal Movoto
Indiana Home Sales Up 12%
Homes sold for a statewide median price of $263,000 in April, up 5% year-over-year. Continue Reading Indiana Home Sales Up 12%
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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.
Pending Home Sales Down in May
“The market is at an interesting point with rising inventory and lower demand,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Down in May
Mortgage Rates Moves Further from the 7% Mark
The 30-year fixed-rate mortgage averaged 6.86% as of June 27. Continue Reading Mortgage Rates Moves Further from the 7% Mark
Walgreens Plans to Close a ‘Meaningful Percent’ of Stores
The company has not decided on the exact number of locations to shutter. Continue Reading Walgreens Plans to Close a ‘Meaningful Percent’ of Stores
Richard Gibbens Named CEO at Bluegrass Realtors
Gibbens will begin his new role in late July. Continue Reading Richard Gibbens Named CEO at Bluegrass Realtors
Tuscany Offers People Up to $32K to Move There
Americans planning to relocate must receive a residence permit “lasting no less than 10 years.” Continue Reading Tuscany Offers People Up to $32K to Move There
Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity
Eight in 10 middle-income households said they were current on their bills. Continue Reading Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity
New Single-Family Home Sales at Lowest Pace in 7 Months
The median sales price of new houses sold in May 2024 was $417,400. Continue Reading New Single-Family Home Sales at Lowest Pace in 7 Months
Caliber to Begin Construction on Phoenix-Area Apartment Development
The project will begin with the conversion of an existing 160-room hotel to 104 apartment units with Class A amenities. Continue Reading Caliber to Begin Construction on Phoenix-Area Apartment Development
Smart Toilet Market Forecast to Grow by $6.21 Billion Over Next 4 Years
Residential and commercial installations focus on digital sustainability solutions Continue Reading Smart Toilet Market Forecast to Grow by $6.21 Billion Over Next 4 Years
Can Minimum Wage Earners Afford to Buy a Home?
Minimum wage earners in Utah have the longest haul to homeownership. Continue Reading Can Minimum Wage Earners Afford to Buy a Home?
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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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