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New 135-Unit Apartment Community Being Built in Twin Cities Metro Area
Pre-leasing is set to begin in fall 2026 with apartments ready for residents by late 2026. Continue Reading New 135-Unit Apartment Community Being Built in Twin Cities Metro Area
New 135-Unit Apartment Community Being Built in Twin Cities Metro Area
Pre-leasing is set to begin in fall 2026 with apartments ready for residents by late 2026. Continue Reading New 135-Unit Apartment Community Being Built in Twin Cities Metro Area
Gene Simmons Lists Beverly Hills Mansion for $14 Million
Kiss bassist and singer Gene Simmons has listed his Beverly Hills mansion for $13.995 million. The Wall Street Journal reports Simmons acquired the property in 2021 shortly after selling his longtime Benedict Canyon residence for $16 million. Simmons and his wife,...
Survey: Nearly One-Third of First-Time Homebuyers Express Buyer’s Remorse
Nearly one-third of first-time homebuyers settled into their new residences in a state of regret. According to a nationwide survey of 1,005 homeowners conducted by Guardian Service, 31% of first-time homebuyers admitted they experienced buyer’s remorse after buying...
Three Multifamily Properties Adjacent to Utah Governor’s Mansion to be Demolished
Three multifamily properties adjacent to the Utah Governor’s Mansion in Salt Lake City are scheduled to be demolished as part of a plan to improve security around the governor’s residence. Building Salt Lake reports the Utah Division of Facilities Construction filed a...
NEWS & CURRENT EVENTS
Canadian Airport Owes $500,000 Property Tax
“I’m confident that this year that will be taken care of,” said Stephenville Mayor Tom Rose. Continue Reading Canadian Airport Owes $500,000 Property Tax
Vietnam Considers New Taxes to Address Growing Real Estate Speculation
The proposed tax measures would include a new tax on the gap between land use fees and sale prices. Continue Reading Vietnam Considers New Taxes to Address Growing Real Estate Speculation
121 Net-Leased JCPenney Properties Now Available for Sale
Most of the portfolio’s properties are based in major metropolitan areas surrounding such cities as Austin, Miami, Houston, Los Angeles, and New York. Continue Reading 121 Net-Leased JCPenney Properties Now Available for Sale
1 in 4 Homebuyers in Texas Come from Out of State
The median listing price in Texas was $360,000 as of the end of 2024. Continue Reading 1 in 4 Homebuyers in Texas Come from Out of State
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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.
Foreclosure Activity Increased in First Half of 2023
The first half of the year saw a recorded total of 185,580 U.S. properties with foreclosure filings, according to new data from ATTOM. This represents a 13% year-over-year increase. Nationwide, 0.13% of all housing units (one in every 752) had a foreclosure filing in...
UnlistedHomes.com Debuts ChatGPT-Backed Home Search Engine
CEO Katie Hill said her company was “to offer ChatGPT-enabled home search.” Continue Reading UnlistedHomes.com Debuts ChatGPT-Backed Home Search Engine
AG Mortgage Investment Trust Makes Unsolicited Bid for Western Asset Mortgage Capital
Western Asset did not issue a public response to the proposed takeover. Continue Reading AG Mortgage Investment Trust Makes Unsolicited Bid for Western Asset Mortgage Capital
New Program Seeks to Convert Boston Office Properties into Multifamily Housing
“One building could potentially create hundreds of new housing units that could include a lot of affordable units,” Wu said. Continue Reading New Program Seeks to Convert Boston Office Properties into Multifamily Housing
Fidelity Investments Teams with Brookfield on Canadian Private Real Estate Investment Portfolio
“We are pleased to be working with Fidelity to bring the benefits of private real estate to individual investors in Canada,” said Brian Kingston, CEO of Brookfield’s real estate business. Continue Reading Fidelity Investments Teams with Brookfield on Canadian Private Real Estate Investment Portfolio
U.S. Bank Debuts Product to Expand Minority Homeownership Access
U.S. Bank has committed $100 million over the next five years to the Access Home Loan program. Continue Reading U.S. Bank Debuts Product to Expand Minority Homeownership Access
Tech Trends: Let’s Start by Chatting About ChatGPT
I want to start this weekly column by sharing my thoughts on ChatGPT. Just in case you don’t know what this technology is, I did some research to try and find the best, most understandable description. The most common-sense explainer that I found comes from Mashable. They say, “ChatGPT is, in essence, a simple online artificial intelligence chatbot. Continue Reading Tech Trends: Let’s Start by Chatting About ChatGPT
Stephen Sondheim’s Manhattan Townhome Listed for $7 Million
The property was built in 1899 and served as Sondheim’s home since 1959. Continue Reading Stephen Sondheim’s Manhattan Townhome Listed for $7 Million
MBA: Mortgage Application Activity Up Slightly
The MBA also reported a scant 0.1% rise in its Mortgage Credit Availability Index for June, to a level of 96.6. Continue Reading MBA: Mortgage Application Activity Up Slightly
Zillow: Home Values at New Record High
Housing inventory was up 2.4% from May to June but was 28% lower on a year-over-year measurement. Continue Reading Zillow: Home Values at New Record High
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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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