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Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
In majority-white areas, 7.9% of homes for sale within MRED were listed privately. In predominantly minority areas, that share was 3.4%. Continue Reading Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
In majority-white areas, 7.9% of homes for sale within MRED were listed privately. In predominantly minority areas, that share was 3.4%. Continue Reading Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
Report: FICO Increases DC Lobbying Efforts Following Attacks by FHFA’s Pulte
Fair Isaac Corp. (NYSE: FICO) has hired a new lobbying expert to strengthen its position in Washington following a series of attacks against the FICO score provider by Bill Pulte, director of the Federal Housing Finance Agency (FHFA). Politico reports that John...
Mortgage Application Activity Slows Down
Fewer prospective homebuyers were filling out mortgage applications during the week ending July 25, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 3.8% on a...
CoStar Group Files Copyright Infringement Lawsuit Against Zillow
CoStar Group Inc. (NASDAQ: CSGP) filed a lawsuit in New York federal court that accuses Zillow Group (NASDAQ: Z, ZG) of copyright infringement. CoStar alleged that Zillow published over 46,000 of its copyright protected images, with many still bearing the CoStar...
NEWS & CURRENT EVENTS
Foreign Interest in US Housing Continues to Rise, But Not Among Canadians
Austin and San Antonio attracted new levels of attention in the first quarter. Continue Reading Foreign Interest in US Housing Continues to Rise, But Not Among Canadians
Texas Realtor Pleads Guilty to $770,000 Fraud Scheme
Mario Alberto Rodriguez will be sentenced on Aug. 12 and faces up to 20 years in federal prison and a possible $250,000 maximum fine. Continue Reading Texas Realtor Pleads Guilty to $770,000 Fraud Scheme
San Francisco’s Market Center Complex Sold at a Steep Discount
The property, which consists of adjacent 22-story and 40-story towers on Market Street, were 44% leased as of April. Continue Reading San Francisco’s Market Center Complex Sold at a Steep Discount
Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
The Chicago White Sox expressed interest in the site but demanded $1 billion in public funding to cover the development costs. Continue Reading Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
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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.
Angela Cain Named Global CEO at Urban Land Institute
She succeeds Ron Pressman, who retired last October. Continue Reading Angela Cain Named Global CEO at Urban Land Institute
JLL Debuts Commercial Paper Program
Up to $2.5 billion of short-term, unsecured, and unsubordinated commercial paper notes will be sold. Continue Reading JLL Debuts Commercial Paper Program
Northeast Retail Chain Bob’s Stores Files for Bankruptcy, Plans to Shutter Locations
Founded in 1954 as Bob’s Surplus, the company grew to a 34-store chain by 1996. Continue Reading Northeast Retail Chain Bob’s Stores Files for Bankruptcy, Plans to Shutter Locations
A Phil Hall Op-Ed: Biden, Housing and ‘Corporate Greed’
Biden made no mention of the hedge funds that have been buying up affordable single-family homes. Continue Reading A Phil Hall Op-Ed: Biden, Housing and ‘Corporate Greed’
NAR Supports New Biden Plan on Addressing Housing Affordability
NAR’s Chief Advocacy Officer Shannon McGahn met with White House officials last week. Continue Reading NAR Supports New Biden Plan on Addressing Housing Affordability
Sotheby’s International Realty Expands in California’s Central Valley
This marks the company’s 111th office in California. Continue Reading Sotheby’s International Realty Expands in California’s Central Valley
Hotel Executive Jim Alderman Joins Airbnb as Head of Residential Development
He was previously CEO of Radisson Hotel Group Americas. Continue Reading Hotel Executive Jim Alderman Joins Airbnb as Head of Residential Development
YouTube Star MrBeast Builds and Gives Away 100 Homes in New Video
100 single-family homes were built in poverty-stricken areas of Jamaica, El Salvador, Argentina, Mexico and Colombia. Continue Reading YouTube Star MrBeast Builds and Gives Away 100 Homes in New Video
Chris Knapp Named President at Proper Rate
He comes to Proper Rate from Wintrust Mortgage, where he was an associate vice president. Continue Reading Chris Knapp Named President at Proper Rate
Thomas J. Henry Named Co-Chair of Real Estate Practice at Weil, Gotshal & Manges
He was previously co-managing partner at Willkie Farr & Gallagher’s New York City office. Continue Reading Thomas J. Henry Named Co-Chair of Real Estate Practice at Weil, Gotshal & Manges
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