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California Home Flipper Indicted for Defrauding Lenders Over Six Years
Steven Taylor is currently free on a $3.6 million bond. Continue Reading California Home Flipper Indicted for Defrauding Lenders Over Six Years
California Home Flipper Indicted for Defrauding Lenders Over Six Years
Steven Taylor is currently free on a $3.6 million bond. Continue Reading California Home Flipper Indicted for Defrauding Lenders Over Six Years
Anna Paulson to Become Chief Executive at Philadelphia Fed
The Federal Reserve Bank of Philadelphia has announced the appointment of Anna Paulson as its new president and CEO, effective July 1. She succeeds Patrick T. Harker, whose 10-year tenure will conclude on June 30, as per Federal Reserve mandatory age and...
Vitamin Shoppe Retail Chain Sold to Private Equity Firms
The Vitamin Shoppe, a retailer of vitamins and nutritional supplements, has been acquired from the private equity firms Kingswood Capital Management LP and Performance Investment Partners LLC. Headquartered in Secaucus, New Jersey, The Vitamin Shoppe conducts business...
HUD HQ Building Listed for ‘Accelerated Disposal’
The Department of Housing and Urban Development (HUD) may soon need to find new housing for itself. The department’s headquarters building in Washington, DC, was added to the list of federal buildings designated by the General Services Administration for “accelerated...
NEWS & CURRENT EVENTS
Sen. Ted Cruz Introduces Defund the CFPB Act
Companion legislation was introduced in the House of Representatives by Rep. Keith Self (R-TX). Continue Reading Sen. Ted Cruz Introduces Defund the CFPB Act
Offsite Solar Energy Sources Procured for NYC’s First All-Electric Residential Tower
Alloy said it was the first developer to pursue such a program following a Local Law 97 rule issuance by the New York City Department of Buildings. Continue Reading Offsite Solar Energy Sources Procured for NYC’s First All-Electric Residential Tower
European Central Bank Enacts Fifth Rate Cut Since June
“The disinflation process is well on track,” said the ECB. Continue Reading European Central Bank Enacts Fifth Rate Cut Since June
Home Equity Level Held Steady in Q4
Rhode Island recorded the greatest year-over-year increase during the quarter. Continue Reading Home Equity Level Held Steady in Q4
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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.
Redfin: Nearly 92% of Mortgaged Homeowners Have Rates Below 6%
23.5% of mortgaged homeowners have a rate below 3%. Continue Reading Redfin: Nearly 92% of Mortgaged Homeowners Have Rates Below 6%
Proptech Startup Propertymate Raises $5.5M in Seed Funding
The new infusion of funds will enable the company to rebrand as NewHomesMate. Continue Reading Proptech Startup Propertymate Raises $5.5M in Seed Funding
JLL Debuts CRE Decarbonization Solution
JLL is also hosting a June 27 webinar on how to develop a decarbonization strategy. Continue Reading JLL Debuts CRE Decarbonization Solution
Mortgage Application Activity Records an Uptick
“The average loan size on a purchase loan decreased for the third straight week,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Records an Uptick
Mortgage Credit Availability Tightens Again
“Mortgage credit availability decreased for the third consecutive month,” lamented MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Tightens Again
Hollywood Super-Agent Cindy Ambuehl Joins AKG | Christie’s International Real Estate
Ambuehl sells between $200 million and $300 million annually. Continue Reading Hollywood Super-Agent Cindy Ambuehl Joins AKG | Christie’s International Real Estate
Massachusetts Debuts Green Bank Aimed at Affordable Housing
This new endeavor is financed with $50 million from the state’s Department of Environmental Protection. Continue Reading Massachusetts Debuts Green Bank Aimed at Affordable Housing
Westfield to Surrender San Francisco Centre Mall to Lender
“San Francisco Centre’s debt is non-recourse and this action has no impact on the rest of [Unibail-Rodamco-Westfield’s] debt,” said the company. Continue Reading Westfield to Surrender San Francisco Centre Mall to Lender
Coalition Seeks to Turn NYC Psychiatric Hospital into Affordable Housing
New York Gov. Kathy Hochul has not publicly embraced the proposal. Continue Reading Coalition Seeks to Turn NYC Psychiatric Hospital into Affordable Housing
Guild Mortgage Debuts 1% Down Payment Advantage Program
Homebuyers can purchase a home with a minimal down payment of only 1% of the purchase price. Continue Reading Guild Mortgage Debuts 1% Down Payment Advantage Program
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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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