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SITE Centers Corp. Sells 5 Retail Plazas
The company did not identify the buyers of the properties. Continue Reading SITE Centers Corp. Sells 5 Retail Plazas
SITE Centers Corp. Sells 5 Retail Plazas
The company did not identify the buyers of the properties. Continue Reading SITE Centers Corp. Sells 5 Retail Plazas
Mortgage Rates Dip, Homebuyer Affordability Up Slightly
A pair of new data reports showed a slight decline in mortgage rates and a slight uptick in homebuyer affordability. The 30-year fixed-rate mortgage averaged 6.72% as of July 31, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC)....
Tri Pointe Homes Opens First Community in Utah
Tri Pointe Homes Inc. (NYSE: TPH) has opened its first Utah community with Polaris at Terraine in West Jordan. The new community will begin sales on Aug. 2 with an initial 32 single-family homes up to 3,400 square feet (including finished basements), featuring three...
CMBS Delinquency Rate Rises for Fifth Straight Month
The delinquency rate for commercial mortgage-backed securities (CMBS) rose for the first consecutive month during July, with a 10-basis-point uptick to 7.23%. Year over year, the overall CMBS delinquency rate is up 180 basis points from 5.23%. According to data from...
NEWS & CURRENT EVENTS
NAR Updates Hate Speech Policy Within Code of Ethics
The updated language aligns the definition of “harassment” with the NAR Member Code of Conduct. Continue Reading NAR Updates Hate Speech Policy Within Code of Ethics
Joseph Yi Named Chief Investment Officer at Palette Hotels
Yi previously held chief investment officer roles at Frontier Development & Hospitality Group and Real Hospitality Group. Continue Reading Joseph Yi Named Chief Investment Officer at Palette Hotels
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down from last week when it averaged 6.89%. Continue Reading Mortgage Rates in Mild Decline
Wyoming Lawmakers Consider Abolishing Property Taxes
Sen. Bob Ide, a Republican, advocated for the ending of all property taxes – residential, commercial, industrial and personal. Continue Reading Wyoming Lawmakers Consider Abolishing Property Taxes
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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.
5-Floor NYC Penthouse Sells for $135 Million
The 12,500-square-foot unit is one of 22 residences located above the Aman New York hotel in the historic Crown Building in Manhattan. Continue Reading 5-Floor NYC Penthouse Sells for $135 Million
ARIA Property Services Seeks Texas-Based Wholesale Realtors
Candidates must hold a current Texas Real Estate License and demonstrate a strong track record in wholesale real estate. Continue Reading ARIA Property Services Seeks Texas-Based Wholesale Realtors
New Pennsylvania Law Addresses Residential Wholesaling Abuses
Wholesalers typically seek distressed properties from an owner who wants to sell quickly and is unaware of the home’s market value. Continue Reading New Pennsylvania Law Addresses Residential Wholesaling Abuses
Mortgage Application Activity Takes a Downturn
The seasonally adjusted Purchase Index increased 1% from one week earlier, but the unadjusted index fell by 19%. Continue Reading Mortgage Application Activity Takes a Downturn
John Park to Step Down as President at W.P. Carey
Park joined W.P. Carey as an investment analyst in 1987. Continue Reading John Park to Step Down as President at W.P. Carey
The City with the Biggest Annual Rent Hike Is…
New York City leads the nation with the highest typical rents. Continue Reading The City with the Biggest Annual Rent Hike Is…
FHA Updates 203(k) Program for Home Repair Financing
“The changes we are announcing today for the 203(k) program are long overdue,” said FHA Commissioner Julia Gordon. Continue Reading FHA Updates 203(k) Program for Home Repair Financing
EMM Loans and Calque to Offer The Trade-In Mortgage
The product will be offered by EMM Loans and its DBAs – Ideal Mortgage Group, Maximus Mortgage Advisors and Fidelity Lending LLC. Continue Reading EMM Loans and Calque to Offer The Trade-In Mortgage
Guaranteed Rate Announces Rebranding
The rebranding process will be gradual, the company stated. Continue Reading Guaranteed Rate Announces Rebranding
Canadian City Sells Historic Building Valued at $475,000 for $1,000
The building will be repurposed as a 17-unit rental housing property. Continue Reading Canadian City Sells Historic Building Valued at $475,000 for $1,000
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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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