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Wells Fargo Opens New 22-Acre Texas Campus
The company said this is its first energy net-positive campus. Continue Reading Wells Fargo Opens New 22-Acre Texas Campus
Wells Fargo Opens New 22-Acre Texas Campus
The company said this is its first energy net-positive campus. Continue Reading Wells Fargo Opens New 22-Acre Texas Campus
Bill Ackman’s Pershing Square Invests $900 Million for More Control of Howard Hughes Holdings
Bill Ackman’s Pershing Square Capital Management is investing $900 million into Howard Hughes Holdings Inc. (NYSE: HHH), enabling it to acquire 9 million newly issued shares of the company. The investment increases Pershing's stake in Howard Hughes to 46.9% from its...
Homa, a New AI-Powered Homebuying Platform, Debuts in Florida
Homa, a new homebuying platform powered by artificial intelligence (AI), has launched today in Florida. Homa eschews human real estate agents and enables buyers to navigate the homebuying process using AI tools trained on state-specific laws and the same coursework...
Survey: 43% of Canadian Homeowners Needed Family Assistance to Buy Their Property
One of the most popular financial entities for Canadian homeowners has been the Bank of Mom and Dad. According to a new survey by BMO (NYSE: BMO), 43% of Canada's homeowners said they could not have purchased their home without assistance from family. The survey also...
NEWS & CURRENT EVENTS
American Developer Shot to Death at His Luxury Project in Belize
An American real estate developer was shot to death on Friday at his luxury project in Belize. Boris Mannsfeld, 56, was found dead from a gunshot to the back of his neck at the Cocoplum Villas in Maya Beach with his personal belongings intact, including his wallet...
Report: Trump Administration Plans to Sell San Francisco Office Property Named for Nancy Pelosi
The building was declared by Trump in 2020 as “one of the ugliest structures in their city.” Continue Reading Report: Trump Administration Plans to Sell San Francisco Office Property Named for Nancy Pelosi
Hits and Misses for the Real Estate Week of Feb. 17-21
HUD’s erasure of DEI contracts, builders expressing apprehension and Australia’s first rate cut in more than four years. Continue Reading Hits and Misses for the Real Estate Week of Feb. 17-21
Florida Legislature Considers Launching Study to Determine Feasibility of Ending Property Taxes
Gov. Ron DeSantis expressed support for ending property taxes. Continue Reading Florida Legislature Considers Launching Study to Determine Feasibility of Ending Property Taxes
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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.
The New Normal: Monthly Mortgage Payments of $2,000+ a Month
“Just when did the $2,000 monthly mortgage payment become the norm?” said Black Knight Vice President of Enterprise Research Andy Walden. Continue Reading The New Normal: Monthly Mortgage Payments of $2,000+ a Month
Redwood Trust Announces Launch of Home Equity Investment Platform
“Redwood has a history of bringing innovative solutions to the non-Agency housing market and we are thrilled to begin directly offering HEI,” said Christopher Abate, CEO of Redwood. Continue Reading Redwood Trust Announces Launch of Home Equity Investment Platform
Home Buyers of America Expands into Connecticut
“Our investment in Connecticut and plans to expand into other major U.S. markets signifies the expanded demand we’re seeing across the board,” said CEO Nick Ron. Continue Reading Home Buyers of America Expands into Connecticut
Overseas Buyers Spent $4.3 Billion on Texas Residential Properties
Most of the overseas buyers seeking Texas residences came from Mexico (41%), followed by China (8%), India (7%), Nigeria (5%) and Venezuela (5%). Continue Reading Overseas Buyers Spent $4.3 Billion on Texas Residential Properties
Ouch! Mortgage Application Activity Sinks to 27-Year Low
“Both purchase and refinance applications fell, with the purchase index hitting a 28-year low,” said MBA’s Joel Kan. Continue Reading Ouch! Mortgage Application Activity Sinks to 27-Year Low
Pretium Recruits Morgan Stanley’s Jonathan Pruzan as President
The company has more than $50 billion in assets under its management. Continue Reading Pretium Recruits Morgan Stanley’s Jonathan Pruzan as President
Phoenix Investors Acquires Industrial Portfolio from United Furniture Industries
The financial terms of the acquisition were not disclosed. Continue Reading Phoenix Investors Acquires Industrial Portfolio from United Furniture Industries
Biden Names Real Estate Executive Jeff Worthe to UN Delegation
Jeff Worthe is also a prominent donor to Democratic politicians. Continue Reading Biden Names Real Estate Executive Jeff Worthe to UN Delegation
Zillow: Most Buyers Consider Climate Risks When Buying a Home
Climate risk is a greater concern among millennials (86%) and lower among baby boomers (70%). Continue Reading Zillow: Most Buyers Consider Climate Risks When Buying a Home
BGO Offers Move-in Ready Offices for Smaller Businesses
BGO, a New York City-based real estate investment management advisor and a provider of real estate services, has launched MIRO by BGO to provide workspaces for small and medium sized businesses. The MIRO acronym stands for “Move-in Ready Offices” and the MIRO suites...
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