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Newmark Grows Global Presence in Korea and Middle East
The new South Korean office is based in the capital city of Seoul and will be led by John Pritchard serving as managing director and country head. Continue Reading Newmark Grows Global Presence in Korea and Middle East
Newmark Grows Global Presence in Korea and Middle East
The new South Korean office is based in the capital city of Seoul and will be led by John Pritchard serving as managing director and country head. Continue Reading Newmark Grows Global Presence in Korea and Middle East
New Data Points to Deceleration in Home Prices
Two new data reports show home prices are still rising, albeit at a slower pace. The S&P Cotality Case-Shiller U.S. National Home Price NSA Index posted a 1.3% annual gain for September, down from a 1.4% rise in the previous month. The 10-City Composite annual...
Alabama Home Sales Down During October
Home sales across Alabama slumped in October, falling 4.7% from the previous month and slipping by 1.7% from one year earlier. A total of 5,773 sales were transacted last month, according to the Alabama Association of Realtors. The 20,866 active monthly listings at...
Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
The national mortgage delinquency rate fell by 7 basis points (bps) in October to 3.34%, down 11% year-over-year and down 53 bps from the October 2019 pre-pandemic benchmark, according to a data report from ICE Mortgage Technology, a division of Intercontinental...
NEWS & CURRENT EVENTS
NAR Announces Updates to MLS Handbook
The 2026 MLS Handbook is scheduled to be published in January. Continue Reading NAR Announces Updates to MLS Handbook
Historic Baltimore Multifamily Community Sells for $5.95 Million
Built in 1927, The Baltimorean offers a mix of studios and one- and two-bedroom apartments with units averaging 385 square feet in size. Continue Reading Historic Baltimore Multifamily Community Sells for $5.95 Million
PulteGroup Expands Ohio Presence into Cincinnati
PulteGroup already has an Ohio presence in the Cleveland and Columbus markets. Continue Reading PulteGroup Expands Ohio Presence into Cincinnati
Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
The company expects to welcome its first residents in February 2027. Continue Reading Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
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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.
Commercial and Multifamily Mortgage Debt Outstanding Increased During Q2
The level of commercial/multifamily mortgage debt outstanding reached $4.88 trillion by the end of the second quarter, an increase of $47.1 billion (1%) from the first quarter, according to data from the Mortgage Bankers Association (MBA). Multifamily mortgage debt...
Michael Bailey Promoted to CEO at Zeman Homes
Prior to joining Zeman Homes last June, Bailey spent over a decade with Equity Lifestyle Properties. Continue Reading Michael Bailey Promoted to CEO at Zeman Homes
Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes
During July, homes marketed as fixer-uppers came with a median list price tag of just $200,000, which is 54% below the $436,250 median for all single-family homes. Continue Reading Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes
Homebuyer’s Lawsuit Accuses Zillow of Deceptive Practices
The plaintiff, who was not publicly identified, is seeking class-action status for the lawsuit that will include financial compensation of up to $25,000 a person. Continue Reading Homebuyer’s Lawsuit Accuses Zillow of Deceptive Practices
Judge Rules Work Can Resume on Trump-Blocked New England Offshore Wind Project
The judge ruled the developers behind the project, were “likely to suffer irreparable harm in the absence of an injunction.” Continue Reading Judge Rules Work Can Resume on Trump-Blocked New England Offshore Wind Project
New Pilot Program Aimed at Expanding Homeownership in Detroit
The mortgage product will provide qualified borrowers with up to 40% of a home’s purchase price in down payment assistance without adding any monthly debt. Continue Reading New Pilot Program Aimed at Expanding Homeownership in Detroit
Tony Sertich Named Executive Director at the California Housing Finance Agency
Sertich was most recently the assistant deputy director at the Division of State Financial Assistance at the California Department of Housing and Community Development. Continue Reading Tony Sertich Named Executive Director at the California Housing Finance Agency
A Phil Hall Op-Ed: The Smearing of Erik Siebert
The Interim US Attorney was slandered by President Trump after concluding the mortgage fraud case against Letitia James would not stand up in court. Continue Reading A Phil Hall Op-Ed: The Smearing of Erik Siebert
California Home Sales Edged Up During August
The statewide median home price hit $899,140 in August, up by 1.7% from the prior month and up 1.2% from one year before. Continue Reading California Home Sales Edged Up During August
Pennsylvania Home Sales Hold Steady
The median home sales price rose 6.4% to $319,250 in August, up from $300,000 one year earlier. Continue Reading Pennsylvania Home Sales Hold Steady
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