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New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low
Two new data reports are offering a rocky view of today’s home selling market. Zillow (NASDAQ: Z, ZG) reports 1.36 million homes were for sale in June, the most since November 2019, with 28 of the nation’s largest metros being defined as either balanced or in buyers’...
Trump Praises Pulte, Refuting Media Reports on Problems with the FHFA Chief
President Trump has voiced his unconditional support of Bill Pulte following media reports based on anonymous sourcing that claim the director of the Federal Housing Finance Agency (FHFA) has fallen out of favor with the White House. In a post on Truth Social, Trump...
Four Corners Property Trust Acquires 6 Novant Health Urgent Care Properties for $12 Million
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of net-leased restaurant and retail properties, has expanded further into the healthcare real estate sector with its acquisition of six Novant...
NEWS & CURRENT EVENTS
Gavin Swartzman Named President at Christie’s International Real Estate
Swartzman previously served as CEO of Toronto-based Peerage Realty Partners from January 2014 through last March. Continue Reading Gavin Swartzman Named President at Christie’s International Real Estate
Michigan Lawmakers Consider Bill to Eliminate Property Taxes for Seniors
Senate Bill 292 introduced by State Sen. Michele Hoitenga, a Republican. Continue Reading Michigan Lawmakers Consider Bill to Eliminate Property Taxes for Seniors
April’s Top 10 Expensive Home Sales Centered in Florida, Beverly Hills and NYC
2200 Gordon Dr. in Naples, Florida, sold for $133.2 million. Continue Reading April’s Top 10 Expensive Home Sales Centered in Florida, Beverly Hills and NYC
United Homes Group Announces Leadership Shifts and Review of Potential Company Sale
“We are committed to maximizing value for all of our shareholders,” said Michael Nieri, co-founder and executive chairman. Continue Reading United Homes Group Announces Leadership Shifts and Review of Potential Company Sale
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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.
Boston’s Median Sales Price on Single-Family Homes at Record-Breaking $950K
The previous record high price for single-family homes in this market was $910,000 in July 2023. Continue Reading Boston’s Median Sales Price on Single-Family Homes at Record-Breaking $950K
Refinancing Drives Uptick in Mortgage Application Activity
“VA refinances had a double-digit increase for the third consecutive week,” said MBA’s Joel Kan. Continue Reading Refinancing Drives Uptick in Mortgage Application Activity
Median Asking Rents Down for Ninth Straight Month
Rents remain only $33 (-1.9%) below their August 2022 peak. Continue Reading Median Asking Rents Down for Ninth Straight Month
Global Tiny Home Market Forecast to Grow by $4.82 Billion
“Mobile homes play a critical role in the affordable housing market in various countries,” said the research report. Continue Reading Global Tiny Home Market Forecast to Grow by $4.82 Billion
VA to Publish Circular Addressing Buyer Commission Policy
The circular is planned to be issued by June 12. Continue Reading VA to Publish Circular Addressing Buyer Commission Policy
Commerce Dept. Pushes for More Women in Construction Jobs
“Right now, women make up less than 11% of jobs in construction and only 4% in skilled trades,” said Commerce Secretary Raimondo. Continue Reading Commerce Dept. Pushes for More Women in Construction Jobs
Guest Opinion: Reinventing Federal Housing Policy
“To be clear, not all the rules were bad.” Continue Reading Guest Opinion: Reinventing Federal Housing Policy
NAR Seeks Appeal of Decision Reopening Justice Dept. Probe
“The panel’s errors are far-reaching and exceptionally important,” said NAR in its filing. Continue Reading NAR Seeks Appeal of Decision Reopening Justice Dept. Probe
Alabama Home Sales and Prices in Decline
The decline in sales and prices amid 15,072 active listings, up 37.2% from one year ago. Continue Reading Alabama Home Sales and Prices in Decline
Share of Mortgages in Forbearance at 0.22%
Last month, the share of Fannie Mae and Freddie Mac loans in forbearance declined 1 basis point to 0.11%. Continue Reading Share of Mortgages in Forbearance at 0.22%
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