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New York State Home Sales Decline as Prices Keep Rising
The median sales price increased 5.0%, rising from $400,000 in November 2024 to $420,000 last month. Continue Reading New York State Home Sales Decline as Prices Keep Rising
New York State Home Sales Decline as Prices Keep Rising
The median sales price increased 5.0%, rising from $400,000 in November 2024 to $420,000 last month. Continue Reading New York State Home Sales Decline as Prices Keep Rising
Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
Provident Industrial, a division of Dallas-based Provident, has acquired 27 acres in Phoenix for the development of Aldea Exchange, a three-building Class A industrial park. According to the company Aldea Exchange will be located in the center of the 101 Corridor...
Avalon Risk Management Debuts Hurricane Insurance Product
Avalon Risk Management, a provider of commercial property insurance, is now offering a hurricane insurance product for multifamily and commercial property owners in most Tier 1 wind zones. The Scottsdale, Arizona-based company stated the new product can provide...
Homeowners Face 73% Spike in Mortgage Payments If They Move
The typical mortgage holder pays roughly $1,300 in principal and interest per month, according to a new data report from Realtor.com. However, to purchase a typical home in today's market, these homeowners would need to make a monthly payment of nearly $2,236, or a...
NEWS & CURRENT EVENTS
CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court
“CoStar is focused on a fast, fair decision to remedy Zillow’s mass infringement of nearly 50,000 images,” said general counsel Gene Boxer. Continue Reading CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court
Miami Dade College Reapproves Land Transfer for Trump Presidential Library
“This is a waste of time to come here,” said activist Marvin Dunn after the vote. Continue Reading Miami Dade College Reapproves Land Transfer for Trump Presidential Library
Dave McKinstray to Become SVP and CFO at Champion Homes
McKinstray most recently served as senior vice president and chief financial officer at WK Kellogg. Continue Reading Dave McKinstray to Become SVP and CFO at Champion Homes
Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
The university cannot receive public funding for this endeavor unless it specifically requests an appropriation from the state. Continue Reading Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
The company added that NV REIT is actively pursuing additional UPREIT and direct acquisitions across the Sunbelt and Mountain West Continue Reading Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
Federal Reserve Cuts Rates Again
The Fed warned that “uncertainty about the economic outlook remains elevated.” Continue Reading Federal Reserve Cuts Rates Again
Pending Home Sales Flat in September
Month-over-month and year-over-year pending home sales were up in the Northeast and South but declined in the Midwest and West. Continue Reading Pending Home Sales Flat in September
Report: Sales of Newly Built Homes at 4-Year Low
“Builders are hesitant to start new projects because in today’s buyer’s market, it doesn’t make financial sense,” said Jesse Landin, a Redfin Premier agent in San Antonio. Continue Reading Report: Sales of Newly Built Homes at 4-Year Low
Mortgage Application Activity Rebounds After 4 Weeks in Decline
The Refinance Index increased by 9% and was also 111% higher than the same week one year ago. Continue Reading Mortgage Application Activity Rebounds After 4 Weeks in Decline
Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
The bill is now before the Select Committee on Property Taxes. Continue Reading Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
Mortgage Cadence Acquired by Enterprise Software Group PartnerOne
The terms of the deal were not disclosed. Continue Reading Mortgage Cadence Acquired by Enterprise Software Group PartnerOne
Tel Aviv Stock Exchange to Launch New Index for Israel’s Top Real Estate Companies
The real estate sector currently accounts for 18% of TASE’s total market capitalization. Continue Reading Tel Aviv Stock Exchange to Launch New Index for Israel’s Top Real Estate Companies
Q3 Texas Home Sales Rise While Prices Decline
The median home price of $335,000 was down by 1.5% from the third quarter in 2024. Continue Reading Q3 Texas Home Sales Rise While Prices Decline
Toll Brothers Debuts Luxury Townhome Community in New York’s Westchester County
Homes are priced from $1.39 million. Continue Reading Toll Brothers Debuts Luxury Townhome Community in New York’s Westchester County
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