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Maine Home Sales Up 10.73% from Last Year
The median sales price for homes sold hit $426,000, up 7.85% from October 2024. Continue Reading Maine Home Sales Up 10.73% from Last Year
Maine Home Sales Up 10.73% from Last Year
The median sales price for homes sold hit $426,000, up 7.85% from October 2024. Continue Reading Maine Home Sales Up 10.73% from Last Year
Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations
A former bishop in the African Methodist Episcopal Zion Church (AME Zion) pleaded guilty to multiple fraud charges in federal court in connection with a scheme to obtain control of church properties in California. According to court documents and the plea agreement,...
White House Demands Access to Fed HQ Renovation Site
The Trump administration is demanding access to the ongoing renovation project at the Federal Reserve’s headquarters as part of its ongoing campaign against the central bank’s chairman, Jerome Powell. The New York Times reports Russell T. Vought, the director of the...
Mortgage Applications on New Home Purchases Up 8.5% from Last Year
Mortgage applications for new home purchases increased 8.5% year-over-year in June, although applications were also down 4% from May. According to new data from the Mortgage Bankers Association, new single-family home sales were running at a seasonally adjusted annual...
NEWS & CURRENT EVENTS
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
The Cheapest Metro Area for Buying a Home Is…
The Rust Belt and the South dominate the top 10 list. Continue Reading The Cheapest Metro Area for Buying a Home Is…
Homelessness Advocacy Groups Blast Newsom in Blaming Cities for Encampments
“There’s nothing compassionate about letting people die on the streets,” said Newsom in a statement. Continue Reading Homelessness Advocacy Groups Blast Newsom in Blaming Cities for Encampments
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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.
Backflip Closes $15 Million Series A Funding Round
The funding round comes after the company crossed $10 million in net revenue run rate. Continue Reading Backflip Closes $15 Million Series A Funding Round
Florida Real Estate Broker Pleads Guilty for Disability Payment Fraud
Allen R. Jenkins could face up to 10 years in federal prison. Continue Reading Florida Real Estate Broker Pleads Guilty for Disability Payment Fraud
Case-Shiller: Home Prices Spike in February
San Diego continued to report the highest year-over-year gain among the 20 cities with an 11.4% increase in February. Continue Reading Case-Shiller: Home Prices Spike in February
Fannie Mae Updates Equitable Housing Finance Plan
The 2024 Plan includes two new actions. Continue Reading Fannie Mae Updates Equitable Housing Finance Plan
Median Rent Prices Down for Eighth Consecutive Month
Nonetheless, the median rent of $1,722 was only $36 less than the peak seen in August 2022. Continue Reading Median Rent Prices Down for Eighth Consecutive Month
East Chop Capital Closes Fund Focused on Luxury Vacation Rental Homes
East Chop closed its first fund in December 2020 at $4 million. Continue Reading East Chop Capital Closes Fund Focused on Luxury Vacation Rental Homes
Bryan Cranston Lists NYC Apartment for $3.5 Million
“Sometimes you just have to recognize when it’s time to move on,” said Cranston about the listing. Continue Reading Bryan Cranston Lists NYC Apartment for $3.5 Million
Yardi to Become Majority Owner of WeWork in Bankruptcy Exit Plan
This plan shuts down efforts by WeWork co-founder and former chief executive Adam Neumann to regain control of the company. Continue Reading Yardi to Become Majority Owner of WeWork in Bankruptcy Exit Plan
First American: Overvalued Housing Market Squashes Affordable Homeownership
“Of the top 50 markets tracked, 22 markets were overvalued in March,” said Chief Economist Mark Fleming. Continue Reading First American: Overvalued Housing Market Squashes Affordable Homeownership
A Phil Hall Op-Ed: Another Postage Rate Hike?
Editor Phil Hall considers why the U.S. Postal Service is enacting its second postage rate hike of the year. Continue Reading A Phil Hall Op-Ed: Another Postage Rate Hike?
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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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