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REcore Solutions Drops Breach of Contract Lawsuit Against Homes.com and CoStar Group
CRMLS announced the lawsuit was dismissed with prejudice. Continue Reading REcore Solutions Drops Breach of Contract Lawsuit Against Homes.com and CoStar Group
REcore Solutions Drops Breach of Contract Lawsuit Against Homes.com and CoStar Group
CRMLS announced the lawsuit was dismissed with prejudice. Continue Reading REcore Solutions Drops Breach of Contract Lawsuit Against Homes.com and CoStar Group
Illinois Home Sales Down as Prices Continue to Rise
Illinois recorded 12,674 single-family home and condominium sales during May, a 4.7% decline from the 13,300 residences sold one month earlier. According to data from Illinois Realtors, the decline in sales occurred despite the 6% year-over-year growth in the...
Former NFL Player Sentenced in Real Estate Embezzlement Scheme
Real estate developer and former NFL football player Chris Harrison was sentenced to six years in federal prison and three years of supervised for his coordination of a scheme that embezzled funds intended for the development and construction of two real estate...
Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price
Nearly 6% of homes are at risk of being sold for less than their purchase price, according to a new data report from Redfin (NASDAQ: RDFN) based on active listings on the MLS during May. Last year at this time, the share was at 4.4%. Redfin noted this situation varied...
NEWS & CURRENT EVENTS
Christina Pappas Named President at Illustrated Properties
Pappas succeeds Daniel Dennis, who is leaving to pursue new opportunities. Continue Reading Christina Pappas Named President at Illustrated Properties
New Data Center Alliance Aims to Develop Zero-Emission Facilities
The alliance founders are Innovo Profitable Net Zero, ESS, Arco Design/Build, and Corpus Christi Regional Economic Development Corporation. Continue Reading New Data Center Alliance Aims to Develop Zero-Emission Facilities
NJ AG Sues RealPage and Corporate Landlords Over Alleged Rent-Raising Scheme
Matt Platkin, a Democrat, acknowledged his state has a shortage of over 200,000 affordable rental homes. Continue Reading NJ AG Sues RealPage and Corporate Landlords Over Alleged Rent-Raising Scheme
North Carolina County in Notorious Deed Theft Case Installs New Fraud Alert System
The fraud alerts will not stop the deed transfer from happening. Continue Reading North Carolina County in Notorious Deed Theft Case Installs New Fraud Alert System
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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.
UN Officer Warns Europe’s Housing Crisis Will Fuel a Rise in Far-Right Parties
Data covering the 27-member EU found house prices soared by 47% between 2010 and 2022. Continue Reading UN Officer Warns Europe’s Housing Crisis Will Fuel a Rise in Far-Right Parties
Sam Ash Music to Shut Down Retail Chain
The company opened its first store in 1924. Continue Reading Sam Ash Music to Shut Down Retail Chain
Capitol Hill Lawmakers Create Bipartisan Congressional Real Estate Caucus
The caucus is backed by several prominent housing trade organizations. Continue Reading Capitol Hill Lawmakers Create Bipartisan Congressional Real Estate Caucus
Shawn Malhotra Joins Rocket Companies as Chief Technology Officer
Malhotra previously held several technology leadership roles at Thomson Reuters. Continue Reading Shawn Malhotra Joins Rocket Companies as Chief Technology Officer
Survey: Nearly Half of Buyers Stopped Looking for Homes Due to Inflation
Two-thirds of respondents admitted they would seriously consider a home purchase after 30-year mortgage rates fall below 5%. Continue Reading Survey: Nearly Half of Buyers Stopped Looking for Homes Due to Inflation
AI Platform Sidekick in Partnership with San Francisco Realtors
“As the AI capital of the world, San Francisco is the ideal place to launch Sidekick to sophisticated realtors,” said Michael Martin, co-founder of Sidekick. Continue Reading AI Platform Sidekick in Partnership with San Francisco Realtors
FHLBank Chicago Now Accepting Affordable Housing Program Grant Applications
Applications for this year’s AHP General Fund grants will be accepted through June 14 at 5:00 p.m. CDT. Continue Reading FHLBank Chicago Now Accepting Affordable Housing Program Grant Applications
Utah’s Capital Community Bank Acquires Security Home Mortgage
SMH will become an independently operated subsidiary division of CCBank. Continue Reading Utah’s Capital Community Bank Acquires Security Home Mortgage
Tibor Hollo, a Holocaust Survivor Who Changed Miami’s Skyline, Dies at 96
“You cannot do it alone,” he said about his success in real estate development. Continue Reading Tibor Hollo, a Holocaust Survivor Who Changed Miami’s Skyline, Dies at 96
Steward Health Care, Largest Physician-Owned Hospital Operator, Files for Chapter 11
Steward operates 33 community hospitals in nine states and has more than 30,000 employees. Continue Reading Steward Health Care, Largest Physician-Owned Hospital Operator, Files for Chapter 11
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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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