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Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
Lenders repossessed 3,872 properties through completed foreclosures last month, up 32% from October 2024. Continue Reading Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
Lenders repossessed 3,872 properties through completed foreclosures last month, up 32% from October 2024. Continue Reading Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
Report: New Wave of Texas Data Centers Could Create Elevated Air Pollution Levels
The new wave of data centers being proposed for Texas could generate a massive upswing in air pollution, according to a new report from the Environmental Integrity Project (EIP). TheHill.com reports that more than 100 new gas power data center projects are currently...
Canada’s RARE Real Estate Expands Into US Market
The Canadian brokerage RARE Real Estate has expanded into the US with the launch of operations in South Florida. The company has generated over $4.5 billion in sales in just under four years, and it became a household name through the Amazon Prime series “Luxe...
Mortgage Credit Availability at Highest Level in Nearly 3 Years
Mortgage credit availability was on the rise during May, according to the Mortgage Credit Availability Index (MCAI) data published by the Mortgage Bankers Association (MBA). The MCAI rose by 2.1% to 105.1 in May; the index was benchmarked to 100 in March 2012. The...
NEWS & CURRENT EVENTS
Former Morgan Stanley Financial Advisor Sentenced for Fraud Scheme
n all, Morgan Stanley suffered a total loss of $5,554,968.10 due to Jesus Rodriguez de la Cruz’s scheme. Continue Reading Former Morgan Stanley Financial Advisor Sentenced for Fraud Scheme
Caliber Launches 1031 Exchange Program
Caliber specializes in acquiring and managing multifamily residential, hospitality, and multi-tenant industrial assets in Arizona, Texas, and Colorado. Continue Reading Caliber Launches 1031 Exchange Program
Chicago Mayor Johnson Debuts ‘Build Better Together’ Initiative
Chicago under Johnson’s leadership is operating with a $1 billion deficit. Continue Reading Chicago Mayor Johnson Debuts ‘Build Better Together’ Initiative
Andrea Olshan to Step Down from Leadership at Seritage Growth Properties
Board Chairman Adam Metz, an independent member of the board since 2022, will serve as interim CEO and president. Continue Reading Andrea Olshan to Step Down from Leadership at Seritage Growth Properties
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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.
Asking Rents Record Steepest Decline in Over 3 Years
“Renters are finally catching a break,” said Redfin Chief Economist Daryl Fairweather. Continue Reading Asking Rents Record Steepest Decline in Over 3 Years
Berkshire Hathaway Affiliate Cited in New Lawsuit Over Commissions
This is the latest lawsuit that challenges the longstanding real estate commission protocol. Continue Reading Berkshire Hathaway Affiliate Cited in New Lawsuit Over Commissions
Atlantic Equity Partners Launches Fund II to Decarbonize Hospitality Real Estate
The new fund will target a fundraise of $150 million-plus from limited partners globally, with $25 million in capital already committed. Continue Reading Atlantic Equity Partners Launches Fund II to Decarbonize Hospitality Real Estate
St. Patrick’s Cathedral Sells Air Rights to Ken Griffin
“It is our hope that the money will go to the continued upkeep of the Cathedral,” said Joseph Zwilling, director of communications for the Archdiocese of New York. Continue Reading St. Patrick’s Cathedral Sells Air Rights to Ken Griffin
loanDepot Unveils melloNow Underwriting Engine
The company has been beta-testing the system for the last several quarters. Continue Reading loanDepot Unveils melloNow Underwriting Engine
CoStar Group Completes Acquisition of UK Property Portal
OnTheMarket was founded in 2013 and currently has over 13,000 agent advertisers. Continue Reading CoStar Group Completes Acquisition of UK Property Portal
PREIT Files for Chapter 11 Bankruptcy for Second Time in Three Years
The company expected to emerge from bankruptcy by early February. Continue Reading PREIT Files for Chapter 11 Bankruptcy for Second Time in Three Years
Mortgage Credit Availability Down in November
“Credit availability in November declined to its lowest level in four months, driven by reduced offerings of non-QM and jumbo loan programs,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Down in November
Rocket Homes App Now Available on Apple CarPlay
Rocket noted that more than 98% of cars in the U.S. support CarPlay. Continue Reading Rocket Homes App Now Available on Apple CarPlay
Zillow Offers 3D Virtual Tour of Santa’s Home
The North Pole residencet carries a Zestimate of $1.18 million, up 2% from last year. Continue Reading Zillow Offers 3D Virtual Tour of Santa’s Home
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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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