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Trump Says He Made His Pick for Next Fed Chairman
Trump said, “I know who I am going to pick, yeah. We’ll be announcing it.” Continue Reading Trump Says He Made His Pick for Next Fed Chairman
Trump Says He Made His Pick for Next Fed Chairman
Trump said, “I know who I am going to pick, yeah. We’ll be announcing it.” Continue Reading Trump Says He Made His Pick for Next Fed Chairman
Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
The Houston-headquartered manufactured and modular housing provider Oak Creek Homes is conducting a “Tax-Free Weekend Sale” over Aug. 15–16 that is designed to save buyers up to $10,000 on select factory-built residences. “We can deliver homes to Texas, Oklahoma,...
New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
A new report analyzing New York Gov. Kathy Hochul’s 2022 plan to build or preserve 100,000 units of affordable housing over a five-year period has determined the endeavor is falling short of its goal. Hochul allocated $25 billion in state investments to this...
Report: Trump to Expand 401(k) Plans to Include Real Estate as Investment Option
President Donald Trump is reportedly planning to sign an executive order that will enable 401(k) retirement plans to encompass real estate, private equity cryptocurrency, and other alternative assets as part of their investment options. The order, which was first...
NEWS & CURRENT EVENTS
HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.
HomeXpress will operate as a subsidiary of Chimera under the continuing leadership of President and CEO Kyle Walker. Continue Reading HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.
Mortgage Rates Remain Mostly Flat
The 30-year fixed-rate mortgage averaged 6.84% as of June 12. Continue Reading Mortgage Rates Remain Mostly Flat
Report: 28% of Homes Now Selling Above Asking Price
At the same time, new listings are up 5.2% year-over-year. Continue Reading Report: 28% of Homes Now Selling Above Asking Price
California Commercial Real Estate Broker Pleads Guilty to Obstructing the IRS
Gabriel David Guerrero is free on $50,000 bond and is scheduled for a Sept. 15 sentencing hearing. Continue Reading California Commercial Real Estate Broker Pleads Guilty to Obstructing the IRS
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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.
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’
California Home Sales Edged Lower in June
The million-dollar-and-higher market segment rose year-over-year in June by 2%. Continue Reading California Home Sales Edged Lower in June
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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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