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Nationwide Median Price Up Slightly During October
New listings rose 10.1% year-over-year last month, marking the highest October listing volume since 2021. Continue Reading Nationwide Median Price Up Slightly During October
Nationwide Median Price Up Slightly During October
New listings rose 10.1% year-over-year last month, marking the highest October listing volume since 2021. Continue Reading Nationwide Median Price Up Slightly During October
Bethenny Frankel Sells Connecticut Estate for $7.83 Million
Reality TV star Bethenny Frankel has sold her historic Connecticut estate in an off-market $7.83 million transaction. Architectural Digest reports Frankel acquired the three-acre property in the swanky New York City suburb of Greenwich in 2021 for $4.25 million. The...
ALTA Taps Chris Morton as New CEO
The American Land Title Association (ALTA) announced the appointment of Chris Morton as its new CEO. He succeeds Diane Tomb, who stepped down after serving six years in the leadership role. Morton previously served as ALTA's senior vice president of public affairs and...
Affordable Housing Activists Plan March Through Toronto
A coalition of affordable housing, tenants’ rights and anti-poverty activist groups is planning to hold a march through downtown Toronto on June 14 to protest what they describe as a housing crisis created by “corporate greed and government inaction.” In a press...
NEWS & CURRENT EVENTS
Foot Locker Moves HQ from NYC to St. Petersburg, Florida
Foot Locker Inc. (NYSE: FL), the footwear and apparel retailer, is relocating is global headquarters from New York City to a 110,998-square-foot office in St. Petersburg, Florida. The company, which first announced its relocation plans last summer, has signed a lease...
Rocket Companies Acquires Mr. Cooper for $9.4 Billion
This is Rocket’s second acquisition this month, following its earlier announcement of the $1.75 billion purchase of Redfin. Continue Reading Rocket Companies Acquires Mr. Cooper for $9.4 Billion
Report: Real Estate Developer to Run for Mayor of Boston
Thomas O’Brien is CEO and managing partner of The HYM Investment Group. Continue Reading Report: Real Estate Developer to Run for Mayor of Boston
Cathy Polan Installed as 2025 President of Ontario Real Estate Association
OREA also named Sault Ste. Marie-based realtor Kimberly Fairley as 2025 president-elect. Continue Reading Cathy Polan Installed as 2025 President of Ontario Real Estate Association
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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.
21.8% Increase in New Home Purchase Mortgage Applications
The average loan size for new homes decreased from $390,225 in October to $390,049 in November. Continue Reading 21.8% Increase in New Home Purchase Mortgage Applications
Housing Starts Surged in November
Single‐family authorizations in November were at a rate of 976,000, a 0.7% uptick from the revised October figure of 969,000. Continue Reading Housing Starts Surged in November
A Phil Hall Op-Ed: What Will 2024 Offer Us?
Editor Phil Hall offers a few predictions on the state of the economy and housing world in 2024. Continue Reading A Phil Hall Op-Ed: What Will 2024 Offer Us?
Study: 1 in 5 Canadians Struggling to Cover Their Basic Needs
“We understand this is a very difficult time for many Canadians,” says Lt. Col. John Murray, Salvation Army Canada territorial secretary for communications. Continue Reading Study: 1 in 5 Canadians Struggling to Cover Their Basic Needs
Institutional Property Advisors Brokers $171 Million California Multifamily Portfolio Sale
“The properties represent 11% of the total market-rate housing stock in Thousand Oaks,” said Kevin Green, IPA executive managing director investments. Continue Reading Institutional Property Advisors Brokers $171 Million California Multifamily Portfolio Sale
Builder Confidence Rises for First Time in Four Months
NAHB Chairman Alicia Huey said, “Boosting new home production is the best way to ease the affordability crisis, expand housing inventory and lower inflation.” Continue Reading Builder Confidence Rises for First Time in Four Months
Real Estate Investor Pleads Guilty to $165 Million Mortgage Fraud Conspiracy
Boruch “Barry” Drillman pleaded guilty to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Pleads Guilty to $165 Million Mortgage Fraud Conspiracy
Study: Self Storage Industry Being Impacted by Housing Market’s Headwinds
The report found the asking rates for same-store climate-controlled units fell in all major metros. Continue Reading Study: Self Storage Industry Being Impacted by Housing Market’s Headwinds
Royal LePage du Quartier Adds Montreal Brokerage to its Network
“We are thrilled to welcome Royal LePage Alliance to our family of brokers,” says Fadi Kaouk, co-owner of Royal LePage du Quartier. Continue Reading Royal LePage du Quartier Adds Montreal Brokerage to its Network
Hits and Misses for the Real Estate Week of Dec. 11-15
This week’s Hits and Misses include the Fed’s mixed messaging, Dolly Parton’s embrace of commercial real estate and startling new data on homelessness. Continue Reading Hits and Misses for the Real Estate Week of Dec. 11-15
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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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