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LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
Councilmember Eunisses Hernandez called the plan “a private development scheme disguised as transportation.” Continue Reading LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
Councilmember Eunisses Hernandez called the plan “a private development scheme disguised as transportation.” Continue Reading LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
Mortgage Rates Trickle Lower
Mortgage rates continued to inch down in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.81% as of June 18, down from last week when it averaged 6.84%. A year ago at this time, it averaged...
Gen Z Accounts for 12% of VA Purchase Loan Market
Gen Z homebuyers accounted for a record-high 12% share of the VA purchase loan market during the first half of fiscal year 2025, triple their share from just three years ago. According to an analysis of Department of Veterans Affairs data published by Veterans United...
PNC Announces $208 Million Affordable Housing Fund
Pittsburgh-based PNC Bank, a member of The PNC Financial Services Group Inc. (NYSE: PNC), announced the closing of Low-Income Housing Tax Credit (LIHTC) Fund 98, which is investing more than $208 million in the development and rehabilitation of affordable rental...
NEWS & CURRENT EVENTS
Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment
Among homeowners, Redfin found roughly one in eight (13%) said they sold stocks to help fund their down payment. Continue Reading Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment
Port of Seattle Files Appeal to Prevent Residential Development in Industrial District
The Port said the rezoning “appears that substantially all of the developable land covered by the Council’s action is controlled by one property owner.” Continue Reading Port of Seattle Files Appeal to Prevent Residential Development in Industrial District
California Company Settles Charges of Predatory Practices and Unlawful Contracts
HomeOptions was accused of violating California’s Real Estate Law, state and federal telemarketing laws, and federal lending laws. Continue Reading California Company Settles Charges of Predatory Practices and Unlawful Contracts
Start-Up to Offer Continuing Education and Training for Mortgage Professionals
Next Level Education was co-founded by longtime mortgage industry professionals JR Huber and Debbie Gadberry. Continue Reading Start-Up to Offer Continuing Education and Training for Mortgage Professionals
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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.
A Phil Hall Op-Ed: Xi Jinping Has a US Farm, E-I-E-I-O
The GAO found the USDA “does not sufficiently verify and conduct quality reviews to track the accuracy and completeness” of the data being collected. Continue Reading A Phil Hall Op-Ed: Xi Jinping Has a US Farm, E-I-E-I-O
Gucci Owner Kering Buys NYC Fifth Avenue Retail Space for $963 Million
The company paid $963 million for the 715-717 Fifth Ave. property on the southeast corner of 56th Street. Continue Reading Gucci Owner Kering Buys NYC Fifth Avenue Retail Space for $963 Million
Carnell Elliott Named SVP of Sales at Built
In his new role, Elliott will oversee all sales functions across Built’s lender, owner, and contractor segments. Continue Reading Carnell Elliott Named SVP of Sales at Built
Private Equity Firm Bascom Group Acquires New Mexico Multifamily Property
The property marks Bascom’s first multifamily acquisition in New Mexico. Continue Reading Private Equity Firm Bascom Group Acquires New Mexico Multifamily Property
Wall Street Journal Editors Accuse Biden of Using FHFA Policy to Win Re-Election Support
The editors claimed the policy change’s “main beneficiaries are the housing lobby.” Continue Reading Wall Street Journal Editors Accuse Biden of Using FHFA Policy to Win Re-Election Support
Rob DeContreras Named Executive Director for Growth at Caroline K. Huo Group
“Rob is well-known for his wealth of experience and success during 23 years in the real estate finance and lending industry,” said company founder Caroline K. Huo. Continue Reading Rob DeContreras Named Executive Director for Growth at Caroline K. Huo Group
Bryan Crane Joins Carmel Partners as Chief Investment Officer
Crane was previously chief investment officer at Veritas Investments. Continue Reading Bryan Crane Joins Carmel Partners as Chief Investment Officer
New Three-Volume Book Focuses on Commercial Real Estate Ground Leasing
“The treatise focuses on ground lease transactions and negotiations, not on court decisions,” said author and attorney Joshua Stein. Continue Reading New Three-Volume Book Focuses on Commercial Real Estate Ground Leasing
The Homeowner’s Collection Announces ‘Spring Fever’ Promotion
Guests booking a stay from March 7 to May 22 can save 20% on most Seaside cottages. Continue Reading The Homeowner’s Collection Announces ‘Spring Fever’ Promotion
Hits and Misses for the Real Estate Week of Jan. 15-19
This week’s Hits and Misses include another broker commission lawsuit, an accounting giant exiting its namesake building and Alec Baldwin’s unlikely home selling strategy. Continue Reading Hits and Misses for the Real Estate Week of Jan. 15-19
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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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