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Hits and Misses for the Real Estate Week of Dec. 8-12
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. Continue Reading Hits and Misses for the Real Estate Week of Dec. 8-12
Hits and Misses for the Real Estate Week of Dec. 8-12
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. Continue Reading Hits and Misses for the Real Estate Week of Dec. 8-12
Sutton Group Acquires Real Estate Tech Firm Homicity
Sutton Group, a Canadian-owned real estate brand, is acquiring Homicity Inc., an Ottawa-based real estate technology company. The financial aspects of the deal were not disclosed. As part of the acquisition, Jamie Blades, founder and CEO of Homicity, will join Sutton...
625-Bed Student Housing Development Planned Near North Carolina’s Appalachian State University
Landmark Properties, in a joint venture with HC2 Capital, LLC and Peninsula Investments, announced the acquisition of a 40.05-acre site in Boone, North Carolina, that will be developed into The Retreat at Boone, a cottage-style off-campus student housing community...
Swalwell Sues Pulte Over Mortgage Fraud Allegations
Rep. Eric Swalwell (D-CA) has filed a lawsuit against Bill Pulte, the director of the Federal Housing Finance Agency, accusing him of violating the First Amendment and the Privacy Act of 1974 in his criminal referral to the Department of Justice that alleged the...
NEWS & CURRENT EVENTS
REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New listings were up 0.8% from October 2024 but were down by 0.5% from September. Continue Reading REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Experian’s report also showed roughly 60% of today’s renters have near-prime or better scores. Continue Reading New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Private Connecticut Island Sells at a Discount
The 18-acre Hay’s Island includes an 8,684-square-foot, six-bedroom mansion built in 2010. Continue Reading Private Connecticut Island Sells at a Discount
Builder Confidence Remains Flat
41% of builders were cutting prices in November, a record high in the post-Covid period and the first time this measure has passed 40%. Continue Reading Builder Confidence Remains Flat
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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.
FCP Expands into Las Vegas with Apartment Community Acquisition
The financial terms of the deal were not disclosed. Continue Reading FCP Expands into Las Vegas with Apartment Community Acquisition
169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
CBRE represented the seller, an affiliate of First Atlantic, LLC, and procured the buyer, an affiliate of Heritage Housing Inc. Continue Reading 169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
Corcoran Group Announces First Franchise in New Mexico
The firm will serve clients across the New Mexico capital city and in the surrounding areas up to the Colorado border. Continue Reading Corcoran Group Announces First Franchise in New Mexico
Kendra Newman Named General Counsel at Keller Williams
Newman joined KW in August 2021 as vice president and deputy general counsel. Continue Reading Kendra Newman Named General Counsel at Keller Williams
Attorneys General of 5 States Sue Zillow and Redfin Over Rental Housing Agreement
“This agreement between Zillow and Redfin not to compete is illegal,” said Virginia Attorney General Jason Miyares. Continue Reading Attorneys General of 5 States Sue Zillow and Redfin Over Rental Housing Agreement
Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties
“Climate risk is a reality today, not tomorrow,” said Matthew Eby, founder and CEO of First Street. Continue Reading Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties
Acting FDIC Chairman Travis Hill Nominated for Permanent Role
Hill has been serving as acting chairman since Jan. 20. Continue Reading Acting FDIC Chairman Travis Hill Nominated for Permanent Role
Supreme Court Rules Lisa Cook Can Stay at the Fed for Now
The court will hear the arguments in this case in January, and its ruling will remain in place until there is a final ruling. Continue Reading Supreme Court Rules Lisa Cook Can Stay at the Fed for Now
Mortgage Application Activity Drops by Nearly 13%
The Refinance Index plummeted by 21% from the previous week. Continue Reading Mortgage Application Activity Drops by Nearly 13%
NAR Warns of Disruptions to NFIP if Government Shutdown Drags On
NAR noted that the shutdown has resulted in the halting of NFIP’s authority to issue new policies. Continue Reading NAR Warns of Disruptions to NFIP if Government Shutdown Drags On
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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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