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Compass Unveils Buyer Demand, a Proprietary Tool for Real-Time Market Insight
The company said the tool will enable agents and their clients to identify dynamics across different price points. Continue Reading Compass Unveils Buyer Demand, a Proprietary Tool for Real-Time Market Insight
Compass Unveils Buyer Demand, a Proprietary Tool for Real-Time Market Insight
The company said the tool will enable agents and their clients to identify dynamics across different price points. Continue Reading Compass Unveils Buyer Demand, a Proprietary Tool for Real-Time Market Insight
Top CFPB Enforcement Officer Quits, Claiming Agency is ‘Under Attack’ by Trump
The highest-ranking enforcement official at the Consumer Financial Protection Bureau (CFPB) has resigned with an angry rebuke of how the Trump administration is treating the agency. Acting Enforcement Director Cara Petersen said the administration "has no intention to...
HUD Secretary Turner: Los Angeles Rioters Forced Closure of 3 Field Offices
Housing and Urban Development (HUD) Secretary Scott Turner took to X with photographs showing the level of vandalism inflicted on his department’s Los Angeles office building by the rioters who have disrupted the city's downtown area and shut down the department's...
Real Estate Investor Selling Hit Record High in 2024
Real estate investors accounted for 10.8% of home sellers in 2024, a record high level, according to a new data report from Realtor.com. Last year, 13.0% of homes were bought by investors, a slight increase from 2023 but below the 2022 peak of 13.3%. On the sell side,...
NEWS & CURRENT EVENTS
Turnbridge Equities Acquires LA Industrial Park for $28 Million
The property is currently 70% occupied, which the company noted was below the submarket average of 98%. Continue Reading Turnbridge Equities Acquires LA Industrial Park for $28 Million
Newmark Promotes Lou Alvarado to Chief Operating Officer
Alvarado first joined Newmark in 2015 as executive vice president and Boston market leader. Continue Reading Newmark Promotes Lou Alvarado to Chief Operating Officer
New Task Force to Investigate Potential Fraud in Addressing LA-Area Homelessness
US Attorney Bill Essayli has launched the Homelessness Fraud and Corruption Task Force to investigate fraud, waste, abuse, and corruption involving funds allocated for addressing homelessness in the seven counties within the jurisdiction of the Central District of...
Buffalo Homeowners Face Prospect of 8% Property Tax Hike
Acting Mayor Scanlon insisted the 8% property tax levy increase will generate around $13.7 million. Continue Reading Buffalo Homeowners Face Prospect of 8% Property Tax Hike
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
NY Attorney General Begins Process to Seize Trump’s Westchester Properties
James’ office entered judgments on March 6 with the clerk’s office in Westchester County, where Trump has a golf course and a private estate called Seven Springs. Continue Reading NY Attorney General Begins Process to Seize Trump’s Westchester Properties
HUD Plans Publicity Tour Trumpeting Biden’s ‘Key Milestones and Accomplishments’ in Housing
HUD Secretary Marcia Fudge previously ran afoul of the Hatch Act in 2021. Continue Reading HUD Plans Publicity Tour Trumpeting Biden’s ‘Key Milestones and Accomplishments’ in Housing
AOC and Sanders Reintroduce ‘Green New Deal for Public Housing’
“We are going to provide decent-quality, affordable housing for millions of Americans,” said Sanders Continue Reading AOC and Sanders Reintroduce ‘Green New Deal for Public Housing’
Mortgage Rates Rise Again, Nearing the 7% Mark
Last week, the mortgage rate averaged 6.74%; one year ago at this time, it was at 6.42%. Continue Reading Mortgage Rates Rise Again, Nearing the 7% Mark
Existing Home Sales Up 9.5%
First-time buyers were responsible for 26% of sales in February, down from 28% in January and 27% in February 2023. Continue Reading Existing Home Sales Up 9.5%
Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023
Roughly one out of every nine flipped home sales were sold to buyers using a loan backed by the FHA. Continue Reading Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023
The State with the Greatest Increase in Mortgage Debt Is…
“Even small increases in home prices can lead to thousands of dollars in extra mortgage interest costs,” said John Kiernan, WalletHub editor. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
$475 Million Financing Secured for 800,000-Square-Foot Burbank Office Project
Noted architect Frank Gehry and the team at Gehry Partners designed the buildings, which stand seven and nine stories in height. Continue Reading $475 Million Financing Secured for 800,000-Square-Foot Burbank Office Project
DXL Big + Tall Taps Beta Agency for Retail Store Expansion
DXL’s expansion plans includes the opening of nine new stores in 2024. Continue Reading DXL Big + Tall Taps Beta Agency for Retail Store Expansion
Switzerland Cuts Interest Rates, The First for a Major Western Economy
The Swiss example was not followed elsewhere in Europe. Continue Reading Switzerland Cuts Interest Rates, The First for a Major Western Economy
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