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Fed Cuts Rates by Quarter Point
The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting. Continue Reading Fed Cuts Rates by Quarter Point
Fed Cuts Rates by Quarter Point
The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting. Continue Reading Fed Cuts Rates by Quarter Point
Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
The Department of Justice (DOJ) and the FBI have opened a probe into Federal Housing Finance Agency (FHFA) Director Bill Pulte for potential misconduct in the criminal investigations of President Trump’s political enemies. ABC News, citing input from unnamed “sources...
Florida Home Sales Rise While Prices Decline
Florida recorded a total of 21,191 closed sales of existing single-family homes in October, up 13.8% year-over-year, while existing condo-townhouse sales totaled 7,223, up 11.1% over the same period. According to data from Florida Realtors, single-family existing...
Home Sales Activity Climbs in New York State
A total of 10,265 homes were sold in New York State during October, up 3.2% from the 9,949 homes sold one year earlier. According to data from the New York State Association of Realtors, pending home sales were up 2.9% from the 9,795 accepted offers in October 2024 to...
NEWS & CURRENT EVENTS
Nationwide Median Price Up Slightly During October
New listings rose 10.1% year-over-year last month, marking the highest October listing volume since 2021. Continue Reading Nationwide Median Price Up Slightly During October
Washington Commanders Select Architect for New Stadium
The approximately 65,000-seat, roofed stadium will host more than 200 activations every year. Continue Reading Washington Commanders Select Architect for New Stadium
Redfin Debuts AI-Fueled Conversational Home Search Tool
The tool is now available on Redfin.com and mobile web, with support for the Redfin iOS app launching in December. Continue Reading Redfin Debuts AI-Fueled Conversational Home Search Tool
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
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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.
Matthew Abrusci Named EVP and General Counsel at Freddie Mac
He was previously general counsel at Mitsubishi UFJ Financial Group (MUFG) Americas. Continue Reading Matthew Abrusci Named EVP and General Counsel at Freddie Mac
Housing Supply Drops to 2-Year Low
Redfin attributed the decline to sellers responding to sluggish homebuyer activity, with sales far below pre-pandemic levels. Continue Reading Housing Supply Drops to 2-Year Low
Compass Acquires Anywhere Real Estate for $1.6 Billion in All-Stock Transaction
This transaction will bring together approximately 340,000 real estate professionals globally onto a shared network operating in every major US city and approximately 120 countries and territories. Continue Reading Compass Acquires Anywhere Real Estate for $1.6 Billion in All-Stock Transaction
Peachtree Group Recruits Billy Gilchrist as SVP of Originations
In his new role, Gilchrist will be responsible for originating commercial real estate and hotel investments across Peachtree’s lending platform. Continue Reading Peachtree Group Recruits Billy Gilchrist as SVP of Originations
Stellar MLS in Data Access Pact with Miami Association of Realtors
. The collaboration between Florida’s two largest MLSs will expand listing visibility across Miami, Tampa, and Orlando. Continue Reading Stellar MLS in Data Access Pact with Miami Association of Realtors
Developers of Manhattan’s Mixed-Use Freedom Plaza Commit to 1,080 Affordable Housing Units
The five-acre site will stretch from 38th to 41st Streets on First Avenue, just south of the United Nations headquarters complex Continue Reading Developers of Manhattan’s Mixed-Use Freedom Plaza Commit to 1,080 Affordable Housing Units
Chinese EB-5 Investors File Fraud Lawsuit Tied to Northern Marianas Casino-Resort Project
The Northern Marianas is a US commonwealth in the Western Pacific Ocean, north of Guam and roughly 3,800 miles west of Hawaii. Continue Reading Chinese EB-5 Investors File Fraud Lawsuit Tied to Northern Marianas Casino-Resort Project
Report: US Attorney Plans to Resign Under Trump Pressure for Not Bringing Mortgage Fraud Charges Against Letitia James
When a reporter asked if he would fire Siebert, Trump answered, “Yeah, I want him out.” Continue Reading Report: US Attorney Plans to Resign Under Trump Pressure for Not Bringing Mortgage Fraud Charges Against Letitia James
Hits and Misses for the Real Estate Week of Sept. 15-18
Curious new legislation to encourage affordable housing, Treasury Secretary Bessent’s unlikely sense of humor, and Robert Redford’s impact on Utah real estate. Continue Reading Hits and Misses for the Real Estate Week of Sept. 15-18
Report: Colorado’s Housing Shortfall is Narrowing
To prevent the shortfall from growing, the report recommended the creation of approximately 34,100 new homes per year over the next decade. Continue Reading Report: Colorado’s Housing Shortfall is Narrowing
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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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