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New ‘Mansion Tax’ Coming to England
Tens of thousands of properties could be impacted by this new tax, with most of the residences located in London. Continue Reading New ‘Mansion Tax’ Coming to England
New ‘Mansion Tax’ Coming to England
Tens of thousands of properties could be impacted by this new tax, with most of the residences located in London. Continue Reading New ‘Mansion Tax’ Coming to England
Wells Fargo CEO Charles Scharf to Become Chairman of the Board
Wells Fargo & Company (NYSE: WFC) has announced CEO Charlie Scharf will become the chairman of the board. When Scharf becomes chairman, the Wells Fargo board intends to appoint a lead independent director. Scharf will receive a one-time special equity grant...
Q2 Commercial and Multifamily Mortgage Originations Up 66% from Last Year
Commercial and multifamily mortgage loan originations during the second quarter were up by 48% from the first quarter and up 66% from one year earlier, according to data from the Mortgage Bankers Association (MBA). On a year-over-year measurement, there was a 140%...
The Link at Uptown, Dallas Office Property, Sells for $218 Million
The Link at Uptown, a Class AA office tower in the Uptown submarket of Dallas, has been sold for $218 million. Built in 2021, the 25-story Link at Uptown totals 292,000 square feet and features a tenant base that includes Houlihan Lokey, PMG and McGuireWoods. The...
NEWS & CURRENT EVENTS
FHFA’s Pulte Continues to Demand Fed Rate Cuts from Powell
Pulte began goading Powell for rate cuts on May 26. Continue Reading FHFA’s Pulte Continues to Demand Fed Rate Cuts from Powell
Reynolds Asset Management Acquires 2 Cleveland Multifamily Communities for $30.6 Million
Park Lamont and The Lumos were completed in 2024. Continue Reading Reynolds Asset Management Acquires 2 Cleveland Multifamily Communities for $30.6 Million
Elevate Community, a Missouri Tiny Home Development, Receives First Residences
The new development recently marked the arrival of the first six tiny homes and more than $5 million in public and private funding to start construction. Continue Reading Elevate Community, a Missouri Tiny Home Development, Receives First Residences
Coldwell Banker Expands Presence to Belgium
The office is located in Uccle, an upscale neighborhood in the Belgian capital of Brussels. Continue Reading Coldwell Banker Expands Presence to Belgium
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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.
Mortgage Rates Moves Further from the 7% Mark
The 30-year fixed-rate mortgage averaged 6.86% as of June 27. Continue Reading Mortgage Rates Moves Further from the 7% Mark
Walgreens Plans to Close a ‘Meaningful Percent’ of Stores
The company has not decided on the exact number of locations to shutter. Continue Reading Walgreens Plans to Close a ‘Meaningful Percent’ of Stores
Richard Gibbens Named CEO at Bluegrass Realtors
Gibbens will begin his new role in late July. Continue Reading Richard Gibbens Named CEO at Bluegrass Realtors
Tuscany Offers People Up to $32K to Move There
Americans planning to relocate must receive a residence permit “lasting no less than 10 years.” Continue Reading Tuscany Offers People Up to $32K to Move There
Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity
Eight in 10 middle-income households said they were current on their bills. Continue Reading Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity
New Single-Family Home Sales at Lowest Pace in 7 Months
The median sales price of new houses sold in May 2024 was $417,400. Continue Reading New Single-Family Home Sales at Lowest Pace in 7 Months
Caliber to Begin Construction on Phoenix-Area Apartment Development
The project will begin with the conversion of an existing 160-room hotel to 104 apartment units with Class A amenities. Continue Reading Caliber to Begin Construction on Phoenix-Area Apartment Development
Smart Toilet Market Forecast to Grow by $6.21 Billion Over Next 4 Years
Residential and commercial installations focus on digital sustainability solutions Continue Reading Smart Toilet Market Forecast to Grow by $6.21 Billion Over Next 4 Years
Can Minimum Wage Earners Afford to Buy a Home?
Minimum wage earners in Utah have the longest haul to homeownership. Continue Reading Can Minimum Wage Earners Afford to Buy a Home?
Winthrop Watson to Step Down as FHLBank Pittsburgh’s Chief Executive
Chief Operating Officer David G. Paulson will succeed Watson on Dec. 31. Continue Reading Winthrop Watson to Step Down as FHLBank Pittsburgh’s Chief Executive
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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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