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Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million
The 19-acre property was constructed in the 1960s as an enclosed mall and redeveloped as a mixed-use development in 2008. Continue Reading Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million
Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million
The 19-acre property was constructed in the 1960s as an enclosed mall and redeveloped as a mixed-use development in 2008. Continue Reading Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million
ALTA Taps Chris Morton as New CEO
The American Land Title Association (ALTA) announced the appointment of Chris Morton as its new CEO. He succeeds Diane Tomb, who stepped down after serving six years in the leadership role. Morton previously served as ALTA's senior vice president of public affairs and...
Affordable Housing Activists Plan March Through Toronto
A coalition of affordable housing, tenants’ rights and anti-poverty activist groups is planning to hold a march through downtown Toronto on June 14 to protest what they describe as a housing crisis created by “corporate greed and government inaction.” In a press...
Top CFPB Enforcement Officer Quits, Claiming Agency is ‘Under Attack’ by Trump
The highest-ranking enforcement official at the Consumer Financial Protection Bureau (CFPB) has resigned with an angry rebuke of how the Trump administration is treating the agency. Acting Enforcement Director Cara Petersen said the administration "has no intention to...
NEWS & CURRENT EVENTS
Hits and Misses for the Real Estate Week of April 7-11
Selling stocks to buy a house, the continued delay on confirming the new CFPB director, and layoffs at Fannie Mae. Continue Reading Hits and Misses for the Real Estate Week of April 7-11
Kansas Real Estate Agent Indicted for Tax Evasion and Wire Fraud
By 2020, Michelle O’Connor owed the IRS nearly $500,000 in taxes, penalties, and interest. Continue Reading Kansas Real Estate Agent Indicted for Tax Evasion and Wire Fraud
Cincinnati Bengals Want $350 Million from Ohio to Renovate Stadium
The NFL’s Cincinnati Bengals and the commissioners of Ohio’s Hamilton County are asking the state government for $350 million for what they describe as an “overhaul of Paycor Stadium.” The Cincinnati Business Courier reports the requested money would cover 42% of an...
New Jersey Shopping Plaza Sells for $44 Million
The property is approximately 90% leased and anchored by Aldi, Burlington and Urban Air. Continue Reading New Jersey Shopping Plaza Sells for $44 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.
Community Associations Institute Seeks Exemptions from Corporate Transparency Act
Last month, a federal court ruled the act was unconstitutional but did not issue an injunction blocking its enforcement. Continue Reading Community Associations Institute Seeks Exemptions from Corporate Transparency Act
Chicago’s Qamar Group Joins The Real Brokerage
Qamar Group offers 36 agents who serve the Chicago metro area, along with markets across Michigan and Wisconsin. Continue Reading Chicago’s Qamar Group Joins The Real Brokerage
Utah’s Sundance Film Festival Seeks New Host Venue
Sundance has been held since 1981 in the luxury resort setting of Park City, Utah. Continue Reading Utah’s Sundance Film Festival Seeks New Host Venue
Commercial Real Estate Foreclosures Up 117% From Last Year
California had the highest number of commercial foreclosures last month at 187. Continue Reading Commercial Real Estate Foreclosures Up 117% From Last Year
Florida Home Sales Down While Property Prices Rise
The statewide median sales price for single-family existing homes in March was $420,600, up 3.9% from the previous year. Continue Reading Florida Home Sales Down While Property Prices Rise
California Home Sales Down in March
The sales pace in March represented the 18th consecutive month where the activity level was below the 300,000-threshold. Continue Reading California Home Sales Down in March
New York State’s Housing Inventory Sinks to New Record Low
Closed sales fell from 7,790 sales in March 2023 to 6,685 homes last month, a 14.2% decline. Continue Reading New York State’s Housing Inventory Sinks to New Record Low
HUD Updates Multifamily Insurance Deductibles, Citing Wind and Storm Coverage Costs
The updates are designed to provide lenders and property owners with greater flexibility in obtaining and negotiating property insurance premiums/ Continue Reading HUD Updates Multifamily Insurance Deductibles, Citing Wind and Storm Coverage Costs
Mortgage Rates Soar Above 7%
The 30-year fixed-rate mortgage averaged 7.10% as of April 18, up from last week when it averaged 6.88%. Continue Reading Mortgage Rates Soar Above 7%
Existing Home Sales Drop in March
The median existing-home price for all housing types in March was $393,500. Continue Reading Existing Home Sales Drop in March
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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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