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LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
The property’s last owner was financier Gary Winnick, who acquired it in 2000 for $94 million. Continue Reading LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
The property’s last owner was financier Gary Winnick, who acquired it in 2000 for $94 million. Continue Reading LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales
Rep. Marjorie Taylor Greene (R-GA) has introduced the No Tax on Home Sales Act, which is designed to eliminate the federal capital gains tax on the sale of primary residences. Greene noted the IRS allows an exclusion of up to $250,000 ($500,000 for joint filers) in...
NJ Real Estate Investor Charged in Multimillion-Dollar Ponzi Fraud Scheme
A New Jersey real estate investor who gained a social media following for his house flipping advice was indicted by a federal jury for creating a multimillion-dollar Ponzi-like investment fraud scheme. According to documents filed in this case and statements made in...
Saudi Arabia to Allow Property Ownership by Foreigners
The government of Saudi Arabia has enacted a new law permitting non-Saudis to own property in certain markets across the kingdom. The new law, which goes into effect in January 2026. According to a report in Construction Business News, non-Saudis will be able to...
NEWS & CURRENT EVENTS
Zillow: New Listings Are Outpacing Home Sales
New listings were up year-over-year in 44 of the 50 largest metros. Continue Reading Zillow: New Listings Are Outpacing Home Sales
Foreclosure Activity Continues to Rise
According to data from ATTOM, one in every 3,950 housing units had a foreclosure filing in April. Continue Reading Foreclosure Activity Continues to Rise
Nora Creedon Named CEO at Starwood Real Estate Income Trust
She will succeed Sean Harris who is stepping down to pursue other opportunities. Continue Reading Nora Creedon Named CEO at Starwood Real Estate Income Trust
Bastyr University Plans to Sell Seattle-Area Campus
Once a full or partial sale occurs, Bastyr University plans to relocate to a new campus in the Seattle area. Continue Reading Bastyr University Plans to Sell Seattle-Area Campus
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Pennsylvania’s Median Home Sales Price at $295K
The number of listings on the market totaled 37,463 in May, up about 5% from the previous month. Continue Reading Pennsylvania’s Median Home Sales Price at $295K
Zillow: Americans Need to Put More Than $127K Down for Typical House
“Down payments have always been important, but even more so today,” said Skylar Olsen, chief economist at Zillow. Continue Reading Zillow: Americans Need to Put More Than $127K Down for Typical House
Mortgage Application Activity on the Rise
“Purchase volume is still more than 10% behind last year’s pace,” said Mike Fratantoni, MBA’s senior vice president and chief economist. Continue Reading Mortgage Application Activity on the Rise
Home Flipping Activity Enjoys Q1 Upswing
Roughly two-thirds of homes flipped in the first quarter were purchased by investors with cash. Continue Reading Home Flipping Activity Enjoys Q1 Upswing
Housing Starts Slumped in May
Single‐family authorizations in May were down 2.9% from the revised April figure of 977,000. Continue Reading Housing Starts Slumped in May
Switzerland Cuts Interest Rates for Second Time, UK Holds Rates Steady
Norway’s central bank held its key policy rate at 4.5%. Continue Reading Switzerland Cuts Interest Rates for Second Time, UK Holds Rates Steady
Survey: Nearly Half of Americans Struggling to Maintain Financial Stability
“A large segment of the American public feels it is financially behind the eight ball,” said Monmouth University’s Patrick Murray. Continue Reading Survey: Nearly Half of Americans Struggling to Maintain Financial Stability
CRMLS and BeachesMLS in Reciprocal Access Agreement
The reciprocal access between systems will be made available to users of both MLSs immediately. Continue Reading CRMLS and BeachesMLS in Reciprocal Access Agreement
Seven-Building Affordable Housing Portfolio in Brooklyn is Sold
Tredway and ELH said they were investing upwards of $10 million for quality-of-life and energy efficiency upgrades in the portfolio. Continue Reading Seven-Building Affordable Housing Portfolio in Brooklyn is Sold
CBRE Acquires Data Center Infrastructure Provider Direct Line Global
CBRE Group Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm, has acquired Direct Line Global, a portfolio company of Guardian Capital Partners. Founded in 1997 and based in Fremont, California, Direct Line Global provides...
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