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Pennsylvania Home Sales Up 10% Year-Over-Year
The median home price continued to hold steady at $299,900. Continue Reading Pennsylvania Home Sales Up 10% Year-Over-Year
Pennsylvania Home Sales Up 10% Year-Over-Year
The median home price continued to hold steady at $299,900. Continue Reading Pennsylvania Home Sales Up 10% Year-Over-Year
Paramount Group Begins Review of ‘Strategic Alternatives to Maximize Shareholder Value’
Paramount Group Inc. (NYSE: PGRE), a real estate investment trust focused on New York City and San Francisco office properties, announced that its board of directors has begun a review of what it described as “a review and evaluation of strategic alternatives to...
Martha J. Mosier Named President at Pacific Sotheby’s International Realty
Pacific Sotheby’s International Realty, a San Diego-based luxury brokerage firm serving the Southern California market, has hired Martha J. Mosier as president. Mosier previously served as president and general counsel of San Diego-based Berkshire Hathaway...
Gavin Swartzman Named President at Christie’s International Real Estate
Christie’s International Real Estate announced the appointment of Gavin Swartzman as its new president. Swartzman previously served as CEO of Toronto-based Peerage Realty Partners from January 2014 through last March. Prior to Peerage, he spent 10 years at MDC...
NEWS & CURRENT EVENTS
Don King Punched with $5.35 Million Foreclosure Lawsuit
The property in question is a 40-year-old, 46,467-square-foot warehouse that King acquired for $3 million in 2000. Continue Reading Don King Punched with $5.35 Million Foreclosure Lawsuit
Mortgage Application Activity Up 11.2%
The VA share of total applications increased to 15.9% from 14.6% from the week before. Continue Reading Mortgage Application Activity Up 11.2%
Report: HUD to End Biden Program for Energy Efficiency Upgrades to Affordable Housing
The Green and Resilient Retrofit Program was passed by Congress in 2022. Continue Reading Report: HUD to End Biden Program for Energy Efficiency Upgrades to Affordable Housing
HUD Rejects Asheville Hurricane Relief Aid Plan Over DEI Criteria in Funds Disbursement
HUD Secretary Turner stated, “Once again, let me be clear DEI is dead at HUD.” Continue Reading HUD Rejects Asheville Hurricane Relief Aid Plan Over DEI Criteria in Funds Disbursement
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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.
CBRE CEO Robert Sulentic Appointed Chairman of the Board
He succeeds Brandon Boze, who has served as chairman since May 2018 and will remain on the board. Continue Reading CBRE CEO Robert Sulentic Appointed Chairman of the Board
Larry E. Thompson to Become FHLBNY Board Chairman
Thompson is also the chairman-elect of the Council of Federal Home Loan Banks. Continue Reading Larry E. Thompson to Become FHLBNY Board Chairman
EAH Housing to Develop Affordable Housing Complex in Maui
“We are thrilled to be moving forward on this much-needed housing community in Kahului,” said Laura Hall, CEO of EAH Housing. Continue Reading EAH Housing to Develop Affordable Housing Complex in Maui
RE/MAX: Home Sales Down While Inventory Grows
“October had some encouraging signs – especially compared to a year ago,” said Nick Bailey, President and CEO of RE/MAX LLC. Continue Reading RE/MAX: Home Sales Down While Inventory Grows
Builder Confidence Mixed in Market for New Multifamily Housing
“High operating costs are creating problems for existing properties, especially affordable properties,” said Lance Swank, chairman of NAHB’s Multifamily Council. Continue Reading Builder Confidence Mixed in Market for New Multifamily Housing
Housing Starts Inched Up in October
Single‐family housing completions in October were down 0.9% from the revised September rate of 1 million. Continue Reading Housing Starts Inched Up in October
New Home Purchase Applications Up Nearly 40% in October
The average loan size for new homes decreased from $397,550 in September to $390,225 in October. Continue Reading New Home Purchase Applications Up Nearly 40% in October
Builder Confidence Down for Fourth Consecutive Month
NAHB is forecasting approximately a 5% increase for single-family starts in 2024. Continue Reading Builder Confidence Down for Fourth Consecutive Month
The Most Expensive ZIP Code Is…
The town’s residents include venture capitalists and billionaires. Continue Reading The Most Expensive ZIP Code Is…
Mortgage Rates Drop for Third Straight Week
The 30-year fixed-rate mortgage averaged 7.44% as of Nov. 16, down from last week when it averaged 7.5%. Continue Reading Mortgage Rates Drop for Third Straight Week
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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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