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REMAX: Home Sales Up by 8.5% Year-Over-Year
The median sales price in September was $439,000, a decrease of $6,000 (1.3%) from August, Continue Reading REMAX: Home Sales Up by 8.5% Year-Over-Year
REMAX: Home Sales Up by 8.5% Year-Over-Year
The median sales price in September was $439,000, a decrease of $6,000 (1.3%) from August, Continue Reading REMAX: Home Sales Up by 8.5% Year-Over-Year
Report: Homes Are Taking Longer to Sell
The typical home that went under contract in March was on the market for 47 days, according to new data report from Redfin (NASDAQ: RDFN). This is the longest days on the market period for any March since 2019. Redfin noted that more than one-quarter (27%) of homes...
RE/MAX: Home Sales Up 23% in March
Home sales in March surged by 23% from February, marking the largest month-over-month sales increase since 37.4% in March 2023, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). On a year-over-year measurement, sales were down 1.4%....
Jim Dinegar Named CEO of Society of Industrial Office Realtors
The Society of Industrial and Office Realtors (SIOR) has named Jim Dinegar as its new CEO, effective May 1. He replaced Robert Thornburgh, who stepped down to become regional president of the Southwest Region at Cushman & Wakefield (NYSE: CWK). Dinegar brings more...
NEWS & CURRENT EVENTS
AvantStay Announces Its First Full-Service Hotel to Open in Nashville
The new hotel will open in April with 99 units ranging from studios to four-bedroom suites. Continue Reading AvantStay Announces Its First Full-Service Hotel to Open in Nashville
Case-Shiller: Home Price Index Up 3.8%
The FHFA recorded a 0.3% uptick in home prices during November. Continue Reading Case-Shiller: Home Price Index Up 3.8%
Terravet Real Estate Solutions Acquires Three Atlanta-Area Veterinary Facilities
The combined properties span 19,649 square feet. Continue Reading Terravet Real Estate Solutions Acquires Three Atlanta-Area Veterinary Facilities
Société immobilière Bélanger Acquires Quebec City Multifamily Portfolio for $143 Million
The properties are located on both sides of the St. Lawrence River. Continue Reading Société immobilière Bélanger Acquires Quebec City Multifamily Portfolio for $143 Million
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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.
C-Suite Shake-ups at loanDepot
President and CEO Frank Martell said the changes will “streamline our business and position loanDepot for long-term growth and success.” Continue Reading C-Suite Shake-ups at loanDepot
More Than Half of Americans Report Local Retail Crime is Rising
51% of Americans said law enforcement and the courts were too lenient on those who loot and shoplift from stores. Continue Reading More Than Half of Americans Report Local Retail Crime is Rising
AirBNB Sues NYC Over Short-Term Rental Rules, Calling Them a ‘De Facto Ban’
“These restrictions are punitive and burdensome,” said Theo Yedinsky, Airbnb’s global policy director. Continue Reading AirBNB Sues NYC Over Short-Term Rental Rules, Calling Them a ‘De Facto Ban’
Hits and Misses for the Real Estate Week of May 29-June 2
Elon Musk talks real estate, tenant pulls a fast one on his trusting landlord and a historic theater gets a new lease on life. Continue Reading Hits and Misses for the Real Estate Week of May 29-June 2
Mariah Carey Sells Atlanta Mansion at Discounted Price
She bought the property in November 2021 via an off-market purchase of $5.65 million. Continue Reading Mariah Carey Sells Atlanta Mansion at Discounted Price
Inflation Causes Most Homeowners to Postpone Renovations, But They’re Not Planning to Move
59% of homeowners said their renovation projects focused on energy efficiency. Continue Reading Inflation Causes Most Homeowners to Postpone Renovations, But They’re Not Planning to Move
Feds Seek Input on Updating AVM Quality Control Standards
“The proposed standards are designed to ensure a high level of confidence in the estimates produced by AVMs,” said the agencies. Continue Reading Feds Seek Input on Updating AVM Quality Control Standards
FHLBank Boston Debuts Pilot Program to Assist Nonwhite First-Time Buyers
FHLBank Boston President and CEO Timothy J. Barrett seeks to “overcome some of the barriers to homeownership for people of color.” Continue Reading FHLBank Boston Debuts Pilot Program to Assist Nonwhite First-Time Buyers
MBA: Commercial and Multifamily Mortgage Delinquencies Up in Q1
“Delinquency rates increased for every major capital source during the first quarter,” said MBA’s Jamie Woodwell. Continue Reading MBA: Commercial and Multifamily Mortgage Delinquencies Up in Q1
ESSA Bank & Trust in $3 Million Settlement with Feds Over Redlining Charges
“We are proud of our record of community service,” said Gary S. Olson, the bank’s chief executive. Continue Reading ESSA Bank & Trust in $3 Million Settlement with Feds Over Redlining Charges
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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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