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Historic Baltimore Multifamily Community Sells for $5.95 Million
Built in 1927, The Baltimorean offers a mix of studios and one- and two-bedroom apartments with units averaging 385 square feet in size. Continue Reading Historic Baltimore Multifamily Community Sells for $5.95 Million
Historic Baltimore Multifamily Community Sells for $5.95 Million
Built in 1927, The Baltimorean offers a mix of studios and one- and two-bedroom apartments with units averaging 385 square feet in size. Continue Reading Historic Baltimore Multifamily Community Sells for $5.95 Million
CMBS Delinquency Rate Rises to 7.13%; Office Sector Delinquency at New Record High
The commercial mortgage-backed securities (CMBS) delinquency rate rose by 5 basis points in June to 7.13%, according to new data from Trepp Inc. The overall delinquent balance was $42.3 billion this month, down from $42.6 billion in May, while the outstanding balance...
Florida Gov. DeSantis Vetoes Bill for $1 Million Study on Ending Property Tax
Florida Gov. Ron DeSantis has vetoed a bill that would have allocated $1 million to study the potential impacts of eliminating the property tax. The study would have been conducted through the Office of Economic and Demographic Research, with a deadline scheduled for...
Cathie Wood Praises FHFA Directive on Cryptocurrencies in Housing Policy
The decision by Federal Housing Finance Agency (FHFA) Director Bill Pulte to explore the viability of incorporating cryptocurrencies into the secondary mortgage market received a major vote of approval from high-profile investor Cathie Wood, CEO of Ark Invest. Last...
NEWS & CURRENT EVENTS
Q1 Texas Home Sales Down Despite Boost in Active Listings
The median Texas home sales price for the quarter was $331,000, a mild 0.3% rise from one year earlier. Continue Reading Q1 Texas Home Sales Down Despite Boost in Active Listings
Pennsylvania Home Sales Up 21%
The median sales price for residential properties last month was $285,000, up 2% from $279,000 in the previous month. Continue Reading Pennsylvania Home Sales Up 21%
Mark Skender, Former CEO of Chicago’s Skender Construction, Dies at 61
Most recently, Skender served as president and co-founder of RaaP. Continue Reading Mark Skender, Former CEO of Chicago’s Skender Construction, Dies at 61
Lenders Offering Creative Financing Options
To address affordability issues due to higher rates, some lenders are advancing creative financing offers to their borrowers and the real estate agents who serve them. Continue Reading Lenders Offering Creative Financing Options
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
The Best Market for Buying Single-Family Rentals Is…
Median three-bedroom rents are rising faster than average wages in 197 of the 341 counties analyzed. Continue Reading The Best Market for Buying Single-Family Rentals Is…
NYC’s Population Continues to Decline
Between April 2020 to July 2023, the city lost nearly 550,000 residents, which was more than 6% of its population. Continue Reading NYC’s Population Continues to Decline
Angela Johnson Joins Noble Investment Group as Managing Principal
Johnson has more than 20 years of experience in the real estate sector. Continue Reading Angela Johnson Joins Noble Investment Group as Managing Principal
New Click n’ Close Loan Program Aimed at Rural Markets
The new product is designed to aid homebuyers with down payment assistance, with availability in select markets. Continue Reading New Click n’ Close Loan Program Aimed at Rural Markets
R.M. Woodworth & Associates and Core Hospitality Advisors to Merge
WCG’s clients include lenders, hotel owners, developers, public REITS, private equity firms, major hotel companies, municipalities, universities, and public agencies. Continue Reading R.M. Woodworth & Associates and Core Hospitality Advisors to Merge
NAHREP Installs Nora Aguirre as 2024 President
NAHREP also installed Oralia Herrera was installed as 2024 President-Elect. Continue Reading NAHREP Installs Nora Aguirre as 2024 President
Person of the Week: Lou Reynolds, Founder and CEO of Reynolds Asset Management
“I’m an empty nester and the last thing I want to do now is maintain a big house with just my wife and me,” he said. Continue Reading Person of the Week: Lou Reynolds, Founder and CEO of Reynolds Asset Management
Georgia Homeowners Sought for Upcoming Home Design Television Series
The casting company asked, “Do you have an interesting family story or emotional connection to your house?” Continue Reading Georgia Homeowners Sought for Upcoming Home Design Television Series
Tokenized Real Estate Project PropyKeys Moves Out of Beta for Public Use
PropyKeys is a decentralized application that enables users to mint a digital address corresponding to a tangible property. Continue Reading Tokenized Real Estate Project PropyKeys Moves Out of Beta for Public Use
Yardi: Average Asking Rents Up $1 in February
Markets in the Northeast and Midwest recorded rent increases while rent declines were seen “high-supply Sun Belt markets.” Continue Reading Yardi: Average Asking Rents Up $1 in February
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