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Q3 Home Sales Profits Near 50% Margin
The median national sales price in the third quarter was $370,000. Continue Reading Q3 Home Sales Profits Near 50% Margin
Q3 Home Sales Profits Near 50% Margin
The median national sales price in the third quarter was $370,000. Continue Reading Q3 Home Sales Profits Near 50% Margin
New Reports Highlight Michigan’s Affordable Homeownership and Power Outages
Two new data reports have identified Michigan as the state with the most affordable cities for homebuyers while a third report warns that the state leads the nation for power outages. A newly published report from WalletHub ranked Michigan’s Flint and Detroit as the...
Tempus Realty Partners Buys Pittsburgh Office/Retail Property for $43.75 Million
Tempus Realty Partners, an Arkansas-based real estate investment partnership, has acquired a Class A+ office and retail property in Pittsburgh's Strip District for $43.75 million. Originally constructed as a warehouse, the property covers 94,580 square feet of office...
RE/MAX: April Home Sales Up 11.3%
April home sales were up 11.3% from March, according to the latest RE/MAX National Housing Report, continuing the month-over-month growth trend that began in January within the 51 metro areas surveyed for the data analysis. Compared to one year earlier, sales were...
NEWS & CURRENT EVENTS
Retailer Forever 21 Files for Bankruptcy
The Forever 21 trademark and intellectual property are owned by Authentic Brands, which licenses them to F21 OpCo. Continue Reading Retailer Forever 21 Files for Bankruptcy
HUD and Interior Team to Identify Federal Lands for Developing Affordable Housing
20% of the nation’s landmass is owned by the Department of Interior. Continue Reading HUD and Interior Team to Identify Federal Lands for Developing Affordable Housing
Tariff Agita Drives Down Builder Confidence Levels
“Construction firms are facing added cost pressures from tariffs,” said NAHB Chief Economist Robert Dietz. Continue Reading Tariff Agita Drives Down Builder Confidence Levels
NAR: Black Homeownership Rate Rising, But Still Below Other Demographics
The overall US homeownership rate was higher in 2023 (65.2%) than a decade ago (63.5% in 2013). Continue Reading NAR: Black Homeownership Rate Rising, But Still Below Other Demographics
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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: Your Partners Should Offer You a Better Process, Too
Why should your business partners slow you down from helping your clients reach their goals? Continue Reading Tech Trends: Your Partners Should Offer You a Better Process, Too
Study: Less Than 16% of Homes for Sale in 2023 Were Affordable to Typical US Households
“Many of the factors that made 2023 the least affordable year for homebuying on record are easing,” said Redfin Senior Economist Elijah de la Campa. Continue Reading Study: Less Than 16% of Homes for Sale in 2023 Were Affordable to Typical US Households
$25.2 Million Refinance Loan Closing for Two Atlanta-Area Storage Facilities
The two facilities are approximately 152,239 net rentable square footage combined and are approaching stabilized physical occupancy. Continue Reading $25.2 Million Refinance Loan Closing for Two Atlanta-Area Storage Facilities
Mathieu Bolté to Exit Leadership Ranks at BTB Real Estate Investment Trust
Bolté joined BTB in May 2020 as vice president and chief financial officer and was promoted to his current positions last March. Continue Reading Mathieu Bolté to Exit Leadership Ranks at BTB Real Estate Investment Trust
Four Seasons to Open New Hotel in Shanghai
“The return of Four Seasons to Shanghai will present a new luxury hospitality offering that captures the vibrant character of this world-class city,” said Four Seasons’ Bart Carnahan Continue Reading Four Seasons to Open New Hotel in Shanghai
Hits and Misses for the Real Estate Week of Dec. 18-22
This week’s Hits and Misses include an incredibly tall building for Oklahoma City, bad news for California’s housing market and a historic lovers’ rendezvous for sale. Continue Reading Hits and Misses for the Real Estate Week of Dec. 18-22
Camber Property Group Offers Updates on Two NYC Projects
The new affordable housing complexes are in The Bronx and Brooklyn. Continue Reading Camber Property Group Offers Updates on Two NYC Projects
Bundled Management in Partnership with Private Equity Firm
Bundled offers property management, maintenance, and other ancillary services to homeowner associations and real estate investors. Continue Reading Bundled Management in Partnership with Private Equity Firm
Crown Realty Partners Acquires Five-Asset Industrial Portfolio in Ottawa
Three of the buildings were acquired in partnership with Ripple Developments. Continue Reading Crown Realty Partners Acquires Five-Asset Industrial Portfolio in Ottawa
New Home Sales Down in November
The median sales price of new houses sold in November was $434,700 and the average sales price was $488,900. Continue Reading New Home Sales Down in November
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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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