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Florida’s Single-Family Home Sales Up 13.6% in September
Single-family existing homes were at a 5.1-months’ supply in September and the third quarter. Continue Reading Florida’s Single-Family Home Sales Up 13.6% in September
Florida’s Single-Family Home Sales Up 13.6% in September
Single-family existing homes were at a 5.1-months’ supply in September and the third quarter. Continue Reading Florida’s Single-Family Home Sales Up 13.6% in September
Compass Sues Zillow Over ‘Anticompetitive’ Ban on Private Listings
Compass Inc. (NYSE: COMP) has filed a lawsuit against Zillow Group (NASDAQ: Z, ZG), accusing the company of trying to maintain a monopoly on digital home listings. The lawsuit is the latest chapter in the feud between the real estate giants over private listings –...
Existing Home Sales Up in May
There is good news in the housing market – existing home sales were up in May by 0.8% month-over-month to a seasonally adjusted annual rate of 4.03 million, according to the National Association of Realtors (NAR). However, last month also saw a 0.7% year-over-year...
Pennsylvania Governor Declines to Rule Out Using Public Funds for New NFL Stadiums
Pennsylvania Gov. Josh Shapiro refused to directly answer whether he would approve or reject public funding for the state’s NFL teams. The Associated Press reports Shapiro – who was cited as a potential running mate for Kamala Harris in last year’s election – faces...
NEWS & CURRENT EVENTS
Pennsylvania Home Sales Up 21%
The median sales price for residential properties last month was $285,000, up 2% from $279,000 in the previous month. Continue Reading Pennsylvania Home Sales Up 21%
Mark Skender, Former CEO of Chicago’s Skender Construction, Dies at 61
Most recently, Skender served as president and co-founder of RaaP. Continue Reading Mark Skender, Former CEO of Chicago’s Skender Construction, Dies at 61
Lenders Offering Creative Financing Options
To address affordability issues due to higher rates, some lenders are advancing creative financing offers to their borrowers and the real estate agents who serve them. Continue Reading Lenders Offering Creative Financing Options
More Down Payment Assistance Programs Introduced During Q1
A total of 990 programs (39%) were offered through local housing finance agencies. Continue Reading More Down Payment Assistance Programs Introduced During Q1
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Mackenzie Realty Capital Now Listed on the OTCQX
The company began trading today on OTCQX under the symbol “MKZR.” Continue Reading Mackenzie Realty Capital Now Listed on the OTCQX
Cher’s One-Time Beverly Hills Home Listed for $4.1 Million
Ed O’Neill lived at the residence before Cher purchased it in 2011. Continue Reading Cher’s One-Time Beverly Hills Home Listed for $4.1 Million
Douglas Elliman Announces Settlement Over Commission Fees
The settlement agreement is related to the pending Gibson and Umpa cases. Continue Reading Douglas Elliman Announces Settlement Over Commission Fees
The Richest Billionaire in Real Estate Is…
Lee’s current net worth is $28.3 billion. Continue Reading The Richest Billionaire in Real Estate Is…
Kennedy Wilson and Haseko Buy Two Washington Multifamily Communities for $90 Million
The communities are located off Interstate 205 and within 10 minutes of Portland, Oregon. Continue Reading Kennedy Wilson and Haseko Buy Two Washington Multifamily Communities for $90 Million
Connecticut Home Built in 1738 Listed for $1.95 Million
The new listing is the third time in five years that the home is being sold. Continue Reading Connecticut Home Built in 1738 Listed for $1.95 Million
Rick Miller, Leader of Aon’s US Property Practice, Dies at 62
He gained national prominence for running Aon’s annual property symposium. Continue Reading Rick Miller, Leader of Aon’s US Property Practice, Dies at 62
Virtual Reality Tech Firm Seeks Partnership with Luxury Real Estate Sales Group
Company founder John Deters defined VRComfort Labs as “a research and development company, not an expert in any vertical market.” Continue Reading Virtual Reality Tech Firm Seeks Partnership with Luxury Real Estate Sales Group
Regulators Seize Philadelphia’s Republic Bank as the Year’s First Bank Failure
Republic Bank had approximately $6 billion in total assets and $4 billion in total deposits as of Jan. 31. Continue Reading Regulators Seize Philadelphia’s Republic Bank as the Year’s First Bank Failure
Hits and Misses for the Real Estate Week of April 22-26
This week’s Hits and Misses includes a new stadium in Chicago, a new player in Sun Belt rental housing and cleaning up moldy residences in London. Continue Reading Hits and Misses for the Real Estate Week of April 22-26
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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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