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Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
Home Sale Profits Up Slightly During Q2
The typical seller made a 50% profit selling single-family homes and condos during the second quarter of the year, according to new data from ATTOM. The second quarter figure marked a slight increase from the 48.9% national median profit margin posted in the first...
Fannie Mae Sued for Discrimination by Over 60 Former Employees
More than 60 former employees of Fannie Mae (OTCQB; FNMA), all of whom are US citizens of Indian nationality, have filed a lawsuit in federal court accusing the government-sponsored enterprise of discrimination. The lawsuit stated the plaintiffs learned of their...
Chicago Mayor Downplays CFO’s Remarks of a ‘Likely’ Property Tax Hike
Chicago Mayor Brandon Johnson is downplaying comments made by his chief financial officer (CFO) that the city could raise property taxes to fill its $1 billion budget deficit. WLS.com reports CFO Jill Jaworski told a Bloomberg that a property tax increase was a...
NEWS & CURRENT EVENTS
Trump: Decision on Ending Conservatorship on Fannie Mae and Freddie Mac Coming Soon
Fannie Mae and Freddie Mac were put in federal conservatorship in September 2008. Continue Reading Trump: Decision on Ending Conservatorship on Fannie Mae and Freddie Mac Coming Soon
Listings Featuring Swimming Pools at an All-Time High
Realtor.com acknowledged that homes with pools are generally larger than those without. Continue Reading Listings Featuring Swimming Pools at an All-Time High
Pennsylvania Home Sales Up 11%
April’s median sales price of $295,000 was up 3.5% month-over-month and up 7% since the beginning of the year. Continue Reading Pennsylvania Home Sales Up 11%
Mattamy Homes in New Partnership to Bring Geothermal Energy to its Housing
The new geothermal installations will span Mattamy Homes’ range of single-family residences, townhouses, and multifamily mid-rise and high-rise developments. Continue Reading Mattamy Homes in New Partnership to Bring Geothermal Energy to its Housing
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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.
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%
First National Realty Partners Acquires Illinois Retail Center
The financial terms of this off-market acquisition were not disclosed. Continue Reading First National Realty Partners Acquires Illinois Retail Center
Naples, Florida, Tops List of the Best Places to Live in the US
On the flip side, Puerto Rico’s capital city San Juan placed last among the 150 cities. Continue Reading Naples, Florida, Tops List of the Best Places to Live in the US
The Most Affordable Beach Town in America Is…
Pascagoula, Mississippi, topped the rankings thanks to a housing market with a median list price of $164,900. Continue Reading The Most Affordable Beach Town in America Is…
Former Deathcore Singer Starts New Career as a Real Estate Agent
“I have a new path and future in real estate and I want to hit the ground running,” said C.J. McMahon. Continue Reading Former Deathcore Singer Starts New Career as a Real Estate Agent
Tokenization Platform RedSwan CRE Secures FINRA Membership
“Tokenization will prove to be a game changer for the commercial real estate capital markets,” said Will Powers, president of RedSwan Markets. Continue Reading Tokenization Platform RedSwan CRE Secures FINRA Membership
Real Estate Attorney Douglas Heitner Joins Latham & Watkins
He was formerly chief legal officer at the real estate investment trust Safehold. Continue Reading Real Estate Attorney Douglas Heitner Joins Latham & Watkins
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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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