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Sales to Begin Next Month at Miami’s New Colette Residences
Pricing for the units begins at $3.3 million. Continue Reading Sales to Begin Next Month at Miami’s New Colette Residences
Sales to Begin Next Month at Miami’s New Colette Residences
Pricing for the units begins at $3.3 million. Continue Reading Sales to Begin Next Month at Miami’s New Colette Residences
Report: Fewer Home Purchase Loans During Q1
New data from ATTOM showed that 1.4 million mortgages were secured by residential properties during the first quarter, a 14% drop from the previous quarter. The first quarter’s decline was attributed to a 20% drop in home purchase loans, which shrank from 738,675 in...
Maryland Man Sentenced for Role in Attempted Fraudulent Sale of Property
A Maryland man was sentenced to 15 months in federal prison for his role in trying to sell a parcel without the knowledge of the owner. Duane Dixon Jr. was found guilty last January of conspiracy to commit wire fraud and three counts of wire fraud. Dixon was part of a...
Fund Manager APS Buys $3.4 Million in Tokenized Real Estate on MetaWealth Platform
The British-headquartered fund manager APS Group has become the first institutional investor to directly acquire tokenized real estate assets through the MetaWealth blockchain-based investment platform. Cointelegraph reports APS purchased $3.4 million in tokenized...
NEWS & CURRENT EVENTS
RealPage Sues Berkeley Over Ban on Rent Pricing Software
The company said the ban was unconstitutional. Continue Reading RealPage Sues Berkeley Over Ban on Rent Pricing Software
Lennar to Build 1,500 Colorado Homes with Geothermal Systems
The endeavor will take advantage of Colorado’s state tax credit for geothermal heat pumps. Continue Reading Lennar to Build 1,500 Colorado Homes with Geothermal Systems
Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021
The states with the greatest percentage increase in premiums were Utah (59%), Illinois (50%), Arizona (48%), and Pennsylvania (44%). Continue Reading Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021
Four Real Investors Sentenced for Multimillion-Dollar Loan Fraud Schemes
Aron Puretz, his son, Chaim “Eli” Puretz, Moshe “Mark” Silber and Fredrick Schulman were sentenced. Continue Reading Four Real Investors Sentenced for Multimillion-Dollar Loan Fraud Schemes
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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.
Tech Trends: The Intersection of Housing and AI
Congress and regulators will not need to devise laws and regulations from scratch to achieve these objectives. Continue Reading Tech Trends: The Intersection of Housing and AI
The World’s Fastest-Growing Luxury Property Market Is…
Across the 100 markets analyzed by Knight Frank, overall luxury prices rose on average by 3.1% in 2023. Continue Reading The World’s Fastest-Growing Luxury Property Market Is…
Equiton Teams with Concordia University on Real Estate Investment Research Partnership
Dr. Erkan Yönder, associate professor of real estate and finance, will lead the research in collaboration with Equiton. Continue Reading Equiton Teams with Concordia University on Real Estate Investment Research Partnership
Mortgage Rates Up for Fourth Straight Week
“The recent boomerang in rates has dampened already tentative homebuyer momentum as we approach the spring,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Up for Fourth Straight Week
Pending Home Sales, Buyer Affordability Down in January
The national median payment applied for by purchase applicants increased to $2,134 from $2,055 in December. Continue Reading Pending Home Sales, Buyer Affordability Down in January
Home Mortgage Lending Activity Sank During Q4 2023
The fourth quarter total was also a 16.5% decline from the same period in 2022. Continue Reading Home Mortgage Lending Activity Sank During Q4 2023
Zillow: You Need to Make $106,000 to ‘Comfortably Afford’ to Buy a Home
The monthly mortgage payment on a typical home has nearly doubled since January 2020. Continue Reading Zillow: You Need to Make $106,000 to ‘Comfortably Afford’ to Buy a Home
New Jersey Development Site Sells for $7.5 Million
CBRE procured the buyer for the transaction, which is the third sale that the brokerage completed on behalf of the seller. Continue Reading New Jersey Development Site Sells for $7.5 Million
Matthew M. Partridge to Step Down as SVP/CFO at CTO Realty Growth
Partridge will be leaving the company to pursue another opportunity with a new venture not in the REIT industry. Continue Reading Matthew M. Partridge to Step Down as SVP/CFO at CTO Realty Growth
New Home Star Releases AI Platform for Real Estate Sales Training
CEO David Rice called his offering “the most comprehensive library of sales training tools and resources anywhere online.” Continue Reading New Home Star Releases AI Platform for Real Estate Sales Training
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