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Virginia Home Sales Up 9% in September
The statewide median sales price continued in September was $420,000, a mild $800 increase from one year earlier. Continue Reading Virginia Home Sales Up 9% in September
Virginia Home Sales Up 9% in September
The statewide median sales price continued in September was $420,000, a mild $800 increase from one year earlier. Continue Reading Virginia Home Sales Up 9% in September
Burlington to Acquire 45 Store Locations from Bankrupt Retailer Jo-Ann
The retailer Burlington Stores Inc. (NYSE: BURL) has signed a deal to take over the leases of 45 store locations that formerly housed the bankrupt craft company Jo-Ann. Burlington’s acquisition follows an expansion strategy by the company that saw the opening of 101...
Warren Buffett to Retire as Berkshire Hathaway’s Chief Executive at Year’s End
Warren Buffett announced that he will retire as chief executive of Berkshire Hathaway (NYSE: BRK) at the end of the year. The Wall Street Journal reports the 94-year-old made the surprise announcement at the close of the company’s annual meeting in Omaha, Nebraska....
Hits and Misses for the Real Estate Week of April 28-May 2
The too-high cost for homebuying, the effects of plumbing mishaps on household budgets, and an XL-sized lease in New York City’s office market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 28-May 2. Miss: A Dent to...
NEWS & CURRENT EVENTS
Tech Trends: Updates on the Data Center Sector
Four new data center projects expand the sector’s prominence. Continue Reading Tech Trends: Updates on the Data Center Sector
Ohio’s Glasshouse Realty Group Debuts Luxury Business Line
The company noted that properties sold for $500,000 or more accounted for 5.4% of its transactions in 2024. Continue Reading Ohio’s Glasshouse Realty Group Debuts Luxury Business Line
Yardi Teams with SentiLink on Property Application Fraud Initiative
SentiLink technology will be integrated directly into Yardi’s ScreeningWorks Pro platform. Continue Reading Yardi Teams with SentiLink on Property Application Fraud Initiative
Mortgage Rates Inch Lower
The 30-year fixed-rate mortgage averaged 6.85% as of Feb. 20. Continue Reading Mortgage Rates Inch Lower
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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.
MBA Open Doors Foundation Reports Helping More Than 15,000 Families Since 2012
The Foundation first partnered with Children’s National Medical System in Washington, D.C., in 2012. Continue Reading MBA Open Doors Foundation Reports Helping More Than 15,000 Families Since 2012
Mystery Buyer of 52K Acres of California Land is Revealed
The Flannery initiative was created by Jan Sramek, a former Goldman Sachs trader. Continue Reading Mystery Buyer of 52K Acres of California Land is Revealed
NAR President Kenny Parcell Resigns Following Media Report on Sexual Harassment
“My resignation comes after a series of accusations against me that are categorically false,” said Parcell in his resignation letter. Continue Reading NAR President Kenny Parcell Resigns Following Media Report on Sexual Harassment
A Phil Hall Op-Ed: A Future That Could Have Been
Mark Olson, co-chairman of the board of Corporate Risk Advisors, said, “Anything with a discreet income stream can be privatized.” Continue Reading A Phil Hall Op-Ed: A Future That Could Have Been
ICE’s Long-Delayed Acquisition of Black Knight Slated for Sept. 5
Black Knight informed its stockholders they had until Sept. 1 to decide if they want to receive cash or ICE stock in exchange for their shares. Continue Reading ICE’s Long-Delayed Acquisition of Black Knight Slated for Sept. 5
New Initiative Seeks to Bring Solar Energy to Lower-Income Households
Solstice stated that community solar farms enable access solar power without having to own a home or report a credit score. Continue Reading New Initiative Seeks to Bring Solar Energy to Lower-Income Households
Kimco Realty Pays $2 Billion to Acquire RPT Realty
The transaction will add 56 open-air shopping centers comprising 13.3 million square feet of gross leasable area to Kimco’s existing portfolio. Continue Reading Kimco Realty Pays $2 Billion to Acquire RPT Realty
AXS Investments Launches Real Estate Income ETF
RINC is equally weighted by sector – 50% commercial real estate lending, 25% non-agency residential real estate debt, and 25% agency residential real estate debt. Continue Reading AXS Investments Launches Real Estate Income ETF
Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion
Philadelphia-based Hersha will no longer be listed on any public securities exchange after the closing of the transaction. Continue Reading Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion
Guild Mortgage Acquires First Centennial Mortgage
San Diego-headquartered Guild Mortgage (NYSE: GHLD) has acquired First Centennial Mortgage, an Illinois-based privately held residential mortgage lender focused on the Midwest markets. First Centennial Mortgage was founded by brothers Steven and David McCormick in...
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