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Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Lennar Begins Home Sales at New Florida Community
Lennar Corp. (NYSE: LEN) is now selling homes at its new master-planned community, New Port Corners in New Port Richey, Florida. The new community features 22 floorplans across single- and multifamily homes, and the development includes a 55+ active adult...
Newsom Issues Executive Order Curbing Housing Density in Fire-Impacted Areas
California Gov. Gavin Newsom issued an executive order designed to limit the construction of high-density housing in the Los Angeles County areas impacted by the recent wildfires. The order dilutes Senate Bill 9 (SB 9), which was signed into law four years ago to...
Trump Calls on Fed Board of Governors to Overthrow Powell
Two days after the Federal Reserve opted to hold rates again, President Trump has renewed his attacks on Chairman Jerome Powell – and this time, he is calling for a leadership revolt within the central bank’s leadership team. In a posting on Truth Social, the...
NEWS & CURRENT EVENTS
Montreal Area Home Sales Up 10% from Last Year
Last month’s total of 22,462 active listings for single-family homes was unchanged from one year earlier. Continue Reading Montreal Area Home Sales Up 10% from Last Year
Grant Cardone Urges Trump to Fire ‘Idiot’ Jerome Powell
The real estate investor has publicly toyed with running for governor of California. Continue Reading Grant Cardone Urges Trump to Fire ‘Idiot’ Jerome Powell
California Program to Offer Mortgage Relief to Disaster Victims
Eligible homeowners will be able to apply for grants covering up to three months of mortgage payments, up to $20,000 total. Continue Reading California Program to Offer Mortgage Relief to Disaster Victims
Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
Simmons acquired the property for $670,000 in the early 1980s when his celebrity status began to rise. Continue Reading Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
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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.
Report: Justice Department Begins ‘Formal Inquiry’ Into California Association of Realtors
The exact focus of the DOJ’s inquiry is unclear. Continue Reading Report: Justice Department Begins ‘Formal Inquiry’ Into California Association of Realtors
NHP Foundation Acquires Historic Section 8 Property in Massachusetts
This acquisition is one of the largest transactions by the foundation. Continue Reading NHP Foundation Acquires Historic Section 8 Property in Massachusetts
All Units Sold at NYC Luxury Condo Giorgio Armani Residences
Sales began in October, with Armani himself purchasing a unit the 12-story complex. Continue Reading All Units Sold at NYC Luxury Condo Giorgio Armani Residences
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.77% as of July 18. Continue Reading Mortgage Rates Drop Again
California Leads the Nation with Commercial Property Foreclosures
June’s data marked California’s first monthly decline after seven consecutive months of rising commercial foreclosure levels. Continue Reading California Leads the Nation with Commercial Property Foreclosures
RE/MAX: June Home Sales Decline Amid Inventory Upswing
“It’s good to see inventory levels rising, as more listings represent more options for buyers,” said Amy Lessinger, President of RE/MAX. Continue Reading RE/MAX: June Home Sales Decline Amid Inventory Upswing
Japanese Firm Acquires Majority Stake in Utah’s Visionary Homes
Visionary Homes was founded in 2004 and has 30 active Utah communities. Continue Reading Japanese Firm Acquires Majority Stake in Utah’s Visionary Homes
European Central Bank Holds Interest Rate
The ECB stated it was “not pre-committing to a particular rate path.” Continue Reading European Central Bank Holds Interest Rate
David Schreiber Named Chief Investment Officer at Cullinan Properties
Schreiber currently serves as vice chairman for Urban Land Institute’s national Commercial and Retail Development Council. Continue Reading David Schreiber Named Chief Investment Officer at Cullinan Properties
JD Vance: ‘Absurd Cost of Housing is the Result of So Many Failures’
“Joe Biden’s inflation crisis, my friends, is really an affordability crisis,” he said. Continue Reading JD Vance: ‘Absurd Cost of Housing is the Result of So Many Failures’
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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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