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Report: 53% of All Homes Lost Value Since Last Year
Only 4% of homes have lost value since they were last sold, a smaller share than before the pandemic. Continue Reading Report: 53% of All Homes Lost Value Since Last Year
Report: 53% of All Homes Lost Value Since Last Year
Only 4% of homes have lost value since they were last sold, a smaller share than before the pandemic. Continue Reading Report: 53% of All Homes Lost Value Since Last Year
North Korea Unveils Shoreline Tourist Mecca
A highly unlikely new player has emerged in the Pacific Rim tourism industry – North Korea. The Associated Press reports North Korean leader Kim Jong Un has inaugurated the Wonsan-Kalma coastal tourist zone, which encompasses hotels, restaurants and cafeterias, and...
Sen. Tim Sheehy Lists Montana Estate for $10.25 Million
US Sen. Tim Sheehy (R-MT) has listed his seven-acre estate on Montana’s Flathead Lake for $10.25 million. The property, called Bird Point, is located on a peninsula along 2,400 feet of protected shoreline and encompasses three residences – the 4,925-square-foot main...
Hits and Misses for the Real Estate Week of June 23-27
Cryptocurrency permeates housing policy, HUD muscles its way into a new headquarters, and Cincinnati will not have a new football stadium. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 23-27. Hit: The Future is Here....
NEWS & CURRENT EVENTS
44.4% of Q1 Home Sales Included Seller Concessions
Seattle sellers offered concessions to buyers in 71.3% of home sale transactions, Continue Reading 44.4% of Q1 Home Sales Included Seller Concessions
Faropoint Acquires Second California Industrial Property
The financial aspects of the transaction were not disclosed. Continue Reading Faropoint Acquires Second California Industrial Property
Historic NYC Office Property is Subject to UCC Foreclosure
The 26-story, 511,000-square-foot property was built in 1926 and is located in Midtown Manhattan near Grand Central Terminal. Continue Reading Historic NYC Office Property is Subject to UCC Foreclosure
NAR’s Historic Settlement Continues to Shift the Real Estate Industry
The challenge for lawmakers, and those who enforce those laws, is that those reactions almost always include unintended consequences. When the Federal Court gave its final approval for NAR’s settlement of the Sitzer/Burnett case back in November, it sent shockwaves through the real estate industry. Continue Reading NAR’s Historic Settlement Continues to Shift the Real Estate Industry
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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.
Ted Welter Named Executive Chairman at Hazelview Investments
He was previously managing director and chief investment officer of alternative investments at TD Asset Management. Continue Reading Ted Welter Named Executive Chairman at Hazelview Investments
A Phil Hall Op-Ed: Will the Housing Affordability Shortage Cost Biden the Election?
“What the housing market needs most to address the affordability crisis is more supply,” said Redfin Chief Economist Daryl Fairweather. Continue Reading A Phil Hall Op-Ed: Will the Housing Affordability Shortage Cost Biden the Election?
Former Crypto Exec Zac Prince Becomes CEO at RE Cost Seg
Prince was formerly the founder and CEO of BlockFi, a cryptocurrency financial services business. Continue Reading Former Crypto Exec Zac Prince Becomes CEO at RE Cost Seg
Bascom Group Acquires Santa Fe Multifamily Property
Built in 1974, the 96-unit San Miguel Court features a mix of including one-, two- and three-bedroom units. Continue Reading Bascom Group Acquires Santa Fe Multifamily Property
HUD Secretary Marcia Fudge to Step Down
HUD Deputy Secretary Adrianne Todman will serve as acting secretary after Fudge’s departure. Continue Reading HUD Secretary Marcia Fudge to Step Down
MBA CEO Broeksmit Challenges CFPB Claims of ‘Junk Fees’ in Closing Costs
President Biden has spent several months denouncing “junk fees” and raised the subject in his politically charged State of the Union speech last Thursday. Continue Reading MBA CEO Broeksmit Challenges CFPB Claims of ‘Junk Fees’ in Closing Costs
Austin Board of Realtors to Provide Members with Forewarn Services
“We are thrilled to be announcing this important new member benefit,” said ABOR CEO Emily Chenevert. Continue Reading Austin Board of Realtors to Provide Members with Forewarn Services
New Fund Focuses on Discounted Arizona Multifamily Properties
“This is a golden opportunity to invest in multifamily apartment buildings at a discount,” said Neighborhood Ventures CEO Jamison Manwaring. Continue Reading New Fund Focuses on Discounted Arizona Multifamily Properties
LandGate and CoreLogic in Data Partnership
LandGate’s data and Software-as-a-Service platform for asset analysis will now be paired with CoreLogic’s property data and insights. Continue Reading LandGate and CoreLogic in Data Partnership
Historic NYC Church Selling Air Rights to Ken Griffin
The deal was negotiated last spring but was not made public until a court filing last week. Continue Reading Historic NYC Church Selling Air Rights to Ken Griffin
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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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