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The Top Luxury Housing Market Is…Detroit?
Within Detroit, the entry level into the top 10% in that market’s luxury housing sector is $721,625. Continue Reading The Top Luxury Housing Market Is…Detroit?
The Top Luxury Housing Market Is…Detroit?
Within Detroit, the entry level into the top 10% in that market’s luxury housing sector is $721,625. Continue Reading The Top Luxury Housing Market Is…Detroit?
Mortgage Application Payments Increased in May
The national median payment carried by purchase loan applicants increased in May to $2,211 from $2,186 in April, according to new data from the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index report. For borrowers applying for lower-payment...
Weis Markets Opens First New Supermarket in 3 Years
Weis Markets Inc. (NYSE: WMK) has opened its first new supermarket in three years. Grocery Dive reports the new 65,000-square-foot store in Linganore, Maryland, is also the first of six new locations that were first announced in May 2024. The company attributed the...
Report: Affordable Homeownership Remains Mostly Elusive
The latest US Home Affordability Report published by ATTOM has determined owning a median-priced home in the second quarter was less affordable than historical averages in 99.3% of the counties (575 out of 579) with sufficient data to analyze. This is up slightly from...
NEWS & CURRENT EVENTS
NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump
State Sen. Brad Hoylman-Sigal said, “We must hold our government officials to the highest standard.” Continue Reading NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump
Investor Indicted in $7 Million Brooklyn Deed Fraud Theft
Wing Fung Chau was arraigned on two counts of first-degree grand larceny and three counts of first-degree falsifying business records. Continue Reading Investor Indicted in $7 Million Brooklyn Deed Fraud Theft
Washington Commanders Announce Plans for New Stadium at DC’s RFK Site
The NFL’s Washington Commanders have agreed to a deal with the District of Columbia that will result in creation of a nearly $4 billion, 65,000-seat stadium on the site of Robert F. Kennedy (RFK) Memorial Stadium. According to combined media reports, the stadium is...
Marriott Acquires CitizenM Hotel Brand for $355 Million
Marriott is now forecasting its full year 2025 net rooms growth to approach 5%. Continue Reading Marriott Acquires CitizenM Hotel Brand for $355 Million
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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.
Real Estate Investors Snagged 19% of Q1 Home Sales
The typical home bought by investors in the first quarter cost $464,560. Continue Reading Real Estate Investors Snagged 19% of Q1 Home Sales
JLL Acquires Data Center Services Provider
The financial terms of the acquisition were not disclosed. Continue Reading JLL Acquires Data Center Services Provider
Builder Confidence Down for First Time in Six Months
Elevated mortgage rates fueled the pessimism among builders. Continue Reading Builder Confidence Down for First Time in Six Months
Foreclosure Activity Down in April
Lenders started the foreclosure process on 21,753 properties last month. Continue Reading Foreclosure Activity Down in April
Mortgage Application Activity Inches Up Slightly
Mortgage applications for new home purchases in April increased 22.1% from one year earlier. Continue Reading Mortgage Application Activity Inches Up Slightly
Minnesota AG Sues Realtor Over Alleged Predatory Lending and Anti-Muslim Bias
Chadwick Banken alleged offered “significantly worse terms” for Muslim customers. Continue Reading Minnesota AG Sues Realtor Over Alleged Predatory Lending and Anti-Muslim Bias
Real Estate Developer Frank McCourt Leads ‘People’s Bid’ to Acquire TikTok
“The foundation of our digital infrastructure is broken, and it’s time to fix it,” said McCourt. Continue Reading Real Estate Developer Frank McCourt Leads ‘People’s Bid’ to Acquire TikTok
Leadership Shifts at Home BancShares
Chief Lending Officer Kevin Hester will become president of Home BancShares and Centennial Bank. Continue Reading Leadership Shifts at Home BancShares
Farmers Resumes Writing Business Insurance Lines in California
The company continues to offer small business insurance policies, including coverage for the retail, office and service industries. Continue Reading Farmers Resumes Writing Business Insurance Lines in California
Grant Cardone on Biden’s Homebuyer Tax Credit Plan: ‘Is Joe Dumb?’
Cardone cited homebuyer costs to dilute the impact of the Biden plan. Continue Reading Grant Cardone on Biden’s Homebuyer Tax Credit Plan: ‘Is Joe Dumb?’
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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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