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Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20. Continue Reading Mortgage Rates Inch Up Slightly
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20. Continue Reading Mortgage Rates Inch Up Slightly
BlackRock Acquires ElmTree Funds
BlackRock Inc. (NYSE: BLK) announced it is acquiring ElmTree Funds, a St. Louis-based net-lease real estate investment firm with $7.3 billion in total assets under management. The financial details of the acquisition were not disclosed. Founded in 2011, ElmTree has...
Ex-NYPD Detective Among Trio Charged in Bronx Deed Theft Scheme
A former New York Police Department (NYPD) detective was among three individuals arrested for a deed theft scheme in the Bronx, New York. The retired detective, Chenenne Guevarra-Francis, teamed with his mother Barbara Guevarra-Francis, a retired nurse, and attorney...
Dubai Partners With Crypto.com to Tokenize Real Estate
The Dubai Land Department (DLD) has signed a memorandum of cooperation with the Singapore-based cryptocurrency platform Crypto.com for the creation of a digital investment environment for virtual real estate assets. Under the terms of the agreement, procedures will be...
NEWS & CURRENT EVENTS
Houston’s ‘Darth Vader House’ Sells for $3.4 Million
The property has been on and off the market for the last three years. Continue Reading Houston’s ‘Darth Vader House’ Sells for $3.4 Million
Obama’s Former Martha’s Vineyard Rental Listed at $39 Million
The Obamas rented the property during the summers of 2009, 2010 and 2011 at $50,000 per week. Continue Reading Obama’s Former Martha’s Vineyard Rental Listed at $39 Million
Bankrupt Canadian Retailer Hudson’s Bay to Shutter 7 Remaining Stores
Hudson’s Bay filed for creditor protection earlier in March, owing $950 million to nearly 2,000 secured and unsecured creditors. Continue Reading Bankrupt Canadian Retailer Hudson’s Bay to Shutter 7 Remaining Stores
Hits and Misses for the Real Estate Week of April 21-25
This week’s Hits and Misses feature homebuyers who regret their purchase, a new approach to data center development, and another attempt to combat homelessness. Continue Reading Hits and Misses for the Real Estate Week of April 21-25
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
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
Whoops! Real Estate Agent Accidentally Burns Down Client’s $3 Million Home
Bedding thrown on a metal shelf under a wall-mounted light started the blaze. Continue Reading Whoops! Real Estate Agent Accidentally Burns Down Client’s $3 Million Home
Janine Lind to Become President of Enterprise Community Development
Lind was previously chief operating officer at MidPen Housing Corporation. Continue Reading Janine Lind to Become President of Enterprise Community Development
Federal Reserve Keeps Interest Rates Steady
Fed Chairman Jerome Powell said there was no hurry to change the current status. Continue Reading Federal Reserve Keeps Interest Rates Steady
NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices
“I’m calling on realtors to follow through on lowering commissions to protect homebuyers,” said Biden. Continue Reading NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices
Mortgage Applications Down by 1.6%
Both the seasonally adjusted and unadjusted Purchase Index were 1% lower from one week earlier. Continue Reading Mortgage Applications Down by 1.6%
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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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