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Mortgage Rates Tick Up Slightly
The 30-year fixed-rate mortgage averaged 6.22% as of Dec. 11, up from last week when it averaged 6.19% Continue Reading Mortgage Rates Tick Up Slightly
Mortgage Rates Tick Up Slightly
The 30-year fixed-rate mortgage averaged 6.22% as of Dec. 11, up from last week when it averaged 6.19% Continue Reading Mortgage Rates Tick Up Slightly
Median for Luxury Home Sales Prices Hit New Record High for October
Luxury home sale prices reached a median of $1.28 million, a record high for the month of October, according to new data from Redfin. Last month’s price was a 5.5% year-over-year increase. Luxury home prices increased by roughly three times faster than non-luxury...
Virginia Home Sales Jumped by 3.1% in October
A total of 9,006 closed home sales were recorded in Virginia in October, more than 274 sales or a 3.1% increase from one year earlier. According to data from Virginia Realtors, there were 25,196 active listings on the market last month, which represents 5,154 more...
Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Reston, Virginia-headquartered Stanley Martin Homes is expanding into the Savannah market with the launch of Brunson Station, a master-planned community coming to Guyton, Georgia. The development spans a total of 170 acres, with 104 acres planned for the construction...
NEWS & CURRENT EVENTS
Disbarred Attorney Sentenced for Deed Theft Schemes
Sanford Solny’s law license was suspended in 2012 before he was disbarred in 2023. Continue Reading Disbarred Attorney Sentenced for Deed Theft Schemes
Former NYC Home of Lena Horne Listed for $1.2 Million
The 2,276-square-foot Tudor-Style house in the Addisleigh Park section of the St. Albans neighborhood in Queens was built in 1935 and includes six bedrooms and two-and-a-half bathrooms. Continue Reading Former NYC Home of Lena Horne Listed for $1.2 Million
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
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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.
Ex-NASA Manager and Husband Plead Guilty in Mortgage Fraud Case
Khan and Mayberry face up to five years in federal prison and a possible $250,000 maximum fine in addition to the possible forfeiture of their luxury home. Continue Reading Ex-NASA Manager and Husband Plead Guilty in Mortgage Fraud Case
Katie Keenan Named CEO at Blackstone Real Estate Income Trust
She succeeds Wesley M. LePatner, who served in both roles until she was murdered in a shooting at her Manhattan office building on July 28. Continue Reading Katie Keenan Named CEO at Blackstone Real Estate Income Trust
Report: Prosecutors Balking at Trump-Pulte Demands to Indict Letitia James for Mortgage Fraud
The five-month investigation into the case has yet to generate any clear evidence that James intentionally made false statements to secure favorable terms on a mortgage for her Virginia home. Continue Reading Report: Prosecutors Balking at Trump-Pulte Demands to Indict Letitia James for Mortgage Fraud
Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
The survey polled 1,276 responses from Hispanic professionals in the real estate industry in 39 states, including Puerto Rico. Continue Reading Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
Sierra Club Condemns DC Council’s Approval of Commanders Stadium as ‘Giveaways to Billionaires’
The group said the DC Council only offered “insignificant penalties if the Commanders delay or never build affordable housing.” Continue Reading Sierra Club Condemns DC Council’s Approval of Commanders Stadium as ‘Giveaways to Billionaires’
New Ohio Homeowner Initiative Seeks to Aid Lower-Income Seniors and Disabled Residents
The Ohio Senate will consider the bill when it convenes for its next session on Sept. 30. Continue Reading New Ohio Homeowner Initiative Seeks to Aid Lower-Income Seniors and Disabled Residents
New Venture Encourages Brands to Explore In-Mall Retail with Micro Spaces Platform
IEM said it partnered with six consumer brands to launch experiential retail environments. Continue Reading New Venture Encourages Brands to Explore In-Mall Retail with Micro Spaces Platform
Homes Built For American Hires Greg Balen as Chief Operating Officer
Balen has over three decades of experience as a builder, land developer, architect, contractor, engineer and asset manager. Continue Reading Homes Built For American Hires Greg Balen as Chief Operating Officer
Corcoran Group Announces New German Franchise
The new franchise is based in Frankfurt and led by founder and Managing Director Moritz Fischer. Continue Reading Corcoran Group Announces New German Franchise
Survey: One-Third of Realtors Have Yet to Use AI Tools
The top AI tools used by the realtors polled for the survey were ChatGPT by OpenAI (58%), Gemini by Google (20%), and Copilot by Microsoft (15%). Continue Reading Survey: One-Third of Realtors Have Yet to Use AI Tools
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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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