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CoStar’s Matterport 3D Home Tours Removed from Zillow’s Platforms
Zillow (NASDAQ: Z, ZG) has announced that CoStar Group (NASDAQ: CSGP) declined to renew its API agreement that enables the use of its Matterport 3D home tour on the Zillow and StreetEasy platforms. Matterport was founded in 2011 and provides a 3D digital twin...
CoStar’s Matterport 3D Home Tours Removed from Zillow’s Platforms
Zillow (NASDAQ: Z, ZG) has announced that CoStar Group (NASDAQ: CSGP) declined to renew its API agreement that enables the use of its Matterport 3D home tour on the Zillow and StreetEasy platforms. Matterport was founded in 2011 and provides a 3D digital twin...
Tiffany Stanley Named Chief Operating Officer at Maxx Properties
Maxx Properties, a Purchase, New York-based company that owns and manages apartment communities in seven states, announced the appointment of Tiffany Stanley as chief operating officer. In her new job, Stanley will lead all revenue, expense, operations and capital...
FHFA’s Pulte Continues to Demand Fed Rate Cuts from Powell
For the fifth time in 10 days, Federal Housing Finance Agency Director Bill Pulte has challenged Federal Reserve Chairman Jerome Powell to enact rate cuts. Earlier today on his X account, Pulte wrote, “Jerome Powell must lower rates, and now. Enough is enough.” Pulte...
Reynolds Asset Management Acquires 2 Cleveland Multifamily Communities for $30.6 Million
The Paramus, New Jersey-based real estate investment and development firm Reynolds Asset Management has acquired two multifamily communities – Park Lamont and The Lumos – in Cleveland for $30.6 million Reynolds completed the transaction in partnership with The...
NEWS & CURRENT EVENTS
FBI Warns of Rise in Quit Claim Deed Fraud Across New England
The FBI noted that 58,141 victims reported $1.3 billion in losses relating to real estate fraud nationwide between 2019 through 2023. Continue Reading FBI Warns of Rise in Quit Claim Deed Fraud Across New England
Slowing in Refinance Drives Down Mortgage Application Activity
The median sales price of new houses sold in February was $414,500. Continue Reading Slowing in Refinance Drives Down Mortgage Application Activity
Builders Call on Congress to Reform Regulations on Home Construction
NAHB cited a shortage of roughly 1.5 million housing units that the organization blamed on the regulatory process. Continue Reading Builders Call on Congress to Reform Regulations on Home Construction
GAO, at Democrats’ Behest, to Probe Cuts to HUD’s Fair Housing Program
The GAO said “staff with the required skills will be available shortly to initiate an engagement.” Continue Reading GAO, at Democrats’ Behest, to Probe Cuts to HUD’s Fair Housing Program
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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.
Trump Seeks to Post $100 Million Bond in Real Estate Fraud Case
New York Attorney General Letitia James called the request by Trump “especially inappropriate.” Continue Reading Trump Seeks to Post $100 Million Bond in Real Estate Fraud Case
US Housing Market Gained $2 Trillion in Value in 2023
The total value of homes in urban areas rose 3.6% year over year to $10.1 trillion in December. Continue Reading US Housing Market Gained $2 Trillion in Value in 2023
New REIT Focuses on North Dakota and Upper Midwest Real Estate
EPIC Companies focuses on developing commercial rentals with office and retail space, industrial rentals, and multifamily spaces. Continue Reading New REIT Focuses on North Dakota and Upper Midwest Real Estate
Now Open For Vacation Rentals: The Eggo House of Pancakes
The tourist rental features a stick-of-butter-shaped chimney and breakfast-inspired decor. Continue Reading Now Open For Vacation Rentals: The Eggo House of Pancakes
Mortgage Application Activity Down By 5.6%
U.S. home prices were up 6.5% year-over-year during the fourth quarter of 2023. Continue Reading Mortgage Application Activity Down By 5.6%
Wanted: 7.2 Million Homes to Fill Housing Market Void
Realtor.com’s Danielle Hale warned of a “long-term housing shortage with the construction of new homes failing to keep pace with a growing population.” Continue Reading Wanted: 7.2 Million Homes to Fill Housing Market Void
Former Silverstein Properties CEO Marty Burger Launches Infinity Global Real Estate Partners
Burger was CEO of Silverstein Properties from 2010 through 2023. Continue Reading Former Silverstein Properties CEO Marty Burger Launches Infinity Global Real Estate Partners
Real Estate Attorney Evan Levy Joins Amherst Group as Vice Chairman
Levy was previously at Weil, Gotshal & Manges LLP, where he served as co-head of the firm’s real estate group since 2019. Continue Reading Real Estate Attorney Evan Levy Joins Amherst Group as Vice Chairman
Whole Foods to Anchor New Mixed-Use Development in Central Connecticut
The project will include retail, lodging and a master-planned community. Continue Reading Whole Foods to Anchor New Mixed-Use Development in Central Connecticut
Macy’s to Close 150 Stores
The company insisted these locations generate less than 10% of its sales. Continue Reading Macy’s to Close 150 Stores
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