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Today’s Housing Market Has Nearly 37% More Sellers Than Buyers
There have been over 30% more sellers than buyers since April. Continue Reading Today’s Housing Market Has Nearly 37% More Sellers Than Buyers
Today’s Housing Market Has Nearly 37% More Sellers Than Buyers
There have been over 30% more sellers than buyers since April. Continue Reading Today’s Housing Market Has Nearly 37% More Sellers Than Buyers
CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings
Andy Florance, the founder and CEO of CoStar Group (NASDAQ: CSGP) and Homes.com, took aim at Zillow (NASDAQ: Z, ZG) for its new ban on private listings. In April, Zillow announced it was enacting the National Association of Realtors’ Clear Cooperation Policy with “new...
Court Dismisses Homie’s Lawsuit Against NAR
A federal court has dismissed an antitrust lawsuit filed by the Utah-based real estate brokerage Homie against the National Association of Realtors (NAR) that claimed the organization’s member agents have steered prospective buyers away from Homie’s listings. In the...
Report: REITs Raised $22.5 Billion in Q2
US real estate investment trusts (REITs) raised $22.5 billion from secondary debt and equity offerings in the second quarter, with $16.3 billion coming from debt offerings, $6.1 billion coming from common equity offerings, and $100 million coming from preferred equity...
NEWS & CURRENT EVENTS
Mortgage Lender Lower Acquires Real Estate Portal Movoto
The Austin-based Movoto bills itself as the largest privately-owned residential real estate search website. Continue Reading Mortgage Lender Lower Acquires Real Estate Portal Movoto
Indiana Home Sales Up 12%
Homes sold for a statewide median price of $263,000 in April, up 5% year-over-year. Continue Reading Indiana Home Sales Up 12%
Shake Shack Expands Into Central America, Opening 12 Eateries in Panama
“Bringing Shake Shack to Central America marks a major milestone as we continue to grow globally,” said Michael Kark, president of global licensing. Continue Reading Shake Shack Expands Into Central America, Opening 12 Eateries in Panama
PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio
The portfolio is currently 99.7% leased to a roster of 26 tenants. Continue Reading PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio
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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.
Anywhere, Keller Williams and RE/MAX Receive Court OK on Settlement Agreements
The companies noted the settlements are not an admission of wrongdoing or liability. Continue Reading Anywhere, Keller Williams and RE/MAX Receive Court OK on Settlement Agreements
Bank of Canada Acknowledges Housing Cost Stress Created by High Interest Rates
“More borrowers will face pressure as they refinance existing mortgages at higher rates,” said the central bank. Continue Reading Bank of Canada Acknowledges Housing Cost Stress Created by High Interest Rates
Mortgage Rates Down for First Time in Five Weeks
The 30-year fixed-rate mortgage averaged 7.09% as of May 9. Continue Reading Mortgage Rates Down for First Time in Five Weeks
Guest Opinion: Housing’s Fundamental Role in Economic Inclusion
Historic barriers to quality affordable housing are among the root causes of persistent economic disparities. Continue Reading Guest Opinion: Housing’s Fundamental Role in Economic Inclusion
Judge Rejects Bid by Batton 1 Plaintiffs to Block Brokerage Settlements
District Court Judge Andrea R. Wood said the request was “neither necessary nor appropriate.” Continue Reading Judge Rejects Bid by Batton 1 Plaintiffs to Block Brokerage Settlements
ATTOM: Fewer Residences Were Equity Rich During Q1
The portion of mortgaged homes that were seriously underwater inched up to 2.7%. Continue Reading ATTOM: Fewer Residences Were Equity Rich During Q1
Median Monthly Housing Costs at New Record High
Redfin reported the median sale price reached $384,721, up 4.5% for a new record high. Continue Reading Median Monthly Housing Costs at New Record High
Report: Bay Area Affordable Housing Development Falling Short of Target
“The need for affordable housing transcends jurisdictional boundaries,” said BAHFA Director Kate Hartley. Continue Reading Report: Bay Area Affordable Housing Development Falling Short of Target
Q1 Commercial and Multifamily Mortgage Originations Remain Muted
During the first quarter, there was a 31% year-over-year decline in the dollar volume of loans for retail properties. Continue Reading Q1 Commercial and Multifamily Mortgage Originations Remain Muted
Massachusetts Governor Proposes ‘Mansion Tax’ to Fund Affordable Housing Projects
The average Massachusetts home value is $612,509, up 8.7% over the past year. Continue Reading Massachusetts Governor Proposes ‘Mansion Tax’ to Fund Affordable Housing Projects
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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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