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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
eXp Realty Expands Into Ecuador
eXp Realty, the subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), has expanded its global presence with the launch of operations in Ecuador. The new office will be led by Kléver Guanoluisa Torres, who previously led the RE/MAX team in Ecuador. “Kléver’s reputation...
Hits and Misses for the Real Estate Week of May 12-16
Canada’s unlikely new housing minister, two high profile property sales where the sellers took a big loss, and HUD’s commitment to Indian Country housing. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 12-16. Miss: The...
Kash Patel: FBI to Vacate DC Headquarters
FBI Director Kash Patel announced the law enforcement agency will be leaving its Washington, DC headquarters in the J. Edgar Hoover Building and transferring 1,500 employees to locations around the country. In an interview with Fox Business, Patel stated, “This FBI is...
NEWS & CURRENT EVENTS
The Market with the Highest Potential SFR Returns Is…
The report analyzed single-family rental returns in 361 counties with sufficient rental and home-price data. Continue Reading The Market with the Highest Potential SFR Returns Is…
New Hampshire Home Sales Up Despite Decline in New Listings
For New Hampshire’s condo/townhome sector, there were 220 closed sales, down 4.3% from one year ago Continue Reading New Hampshire Home Sales Up Despite Decline in New Listings
Nobu Hospitality Expands into the Netherlands
The new destinations were developed in partnership with Dutch real estate firm Breevast. Continue Reading Nobu Hospitality Expands into the Netherlands
Gladstone Investment Sells Nocturne Luxury Villas
McLean, Virginia-based Gladstone Investment Corporation (NASDAQ:GAIN) has sold its portfolio company Nocturne Luxury Villas Inc. to an affiliate of Calera Capital. According to Gladstone Investment, the company “received full repayment of its debt investment and...
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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.
MG Properties Acquires Denver Apartment Community for $76 Million
“This investment reflects our confidence in Denver’s economic growth potential,” said Jeff Gleiberman, president of MG Properties. Continue Reading MG Properties Acquires Denver Apartment Community for $76 Million
AARP Foundation Joins Class Action Lawsuit Against Reverse Mortgage Companies
The lawsuit claims the companies allegedly added unlawful fees for appraisals, inspections, property preservation, and attorneys’ fees or costs. Continue Reading AARP Foundation Joins Class Action Lawsuit Against Reverse Mortgage Companies
Study: Americans Spent an Average of $13K on Home Repairs and Renovations This Year
For the first year since 2020, Covid was not among the most common reasons for projects not being completed. Continue Reading Study: Americans Spent an Average of $13K on Home Repairs and Renovations This Year
Chris Hipps Named Texas Managing Principal for Cushman & Wakefield
Hipps will start on Jan. 2 and will be based in Dallas. Continue Reading Chris Hipps Named Texas Managing Principal for Cushman & Wakefield
Ashcroft Capital Adds South Florida Community to its Portfolio
The acquisition marks Ashcroft’s 10th apartment community within Florida and its first in the South Florida market. Continue Reading Ashcroft Capital Adds South Florida Community to its Portfolio
Axos Closes Purchase of Two Loan Portfolios from the FDIC
“We believe that we purchased these performing loans at an attractive valuation that will be accretive to our net interest margin and net interest income,” said Greg Garrabrants, president and CEO of Axos. Continue Reading Axos Closes Purchase of Two Loan Portfolios from the FDIC
Off-Duty NYPD Officers Stop Arsonist Trying to Torch Martin Luther King Jr. Home in Atlanta
“That action saved an important part of American history tonight,” said Atlanta Police Chief Darin Schierbaum. Continue Reading Off-Duty NYPD Officers Stop Arsonist Trying to Torch Martin Luther King Jr. Home in Atlanta
New Bill Would Ban Hedge Funds from Owning Single-Family Homes
“The housing in our neighborhoods should be homes for people, not profit centers for Wall Street,” said Sen. Jeff Merkley. Continue Reading New Bill Would Ban Hedge Funds from Owning Single-Family Homes
eXp Realty Expands Luxury Program to Four Countries
eXp Luxury launched in October 2022 in the U.S. and expanded in Canada last September and Puerto Rico last month. Continue Reading eXp Realty Expands Luxury Program to Four Countries
Redfin Launches AI-Powered Tool to Redesign Listing Photos
The new feature is available for all active Redfin listings and eligible sold Redfin listings in the U.S. on Redfin.com and iPhone. Continue Reading Redfin Launches AI-Powered Tool to Redesign Listing Photos
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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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