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REMAX: Home Sales Down 4.7% in November
Buyers closed on 18.5% fewer home sales from October to November and 4.7% less than in November 2024. Continue Reading REMAX: Home Sales Down 4.7% in November
REMAX: Home Sales Down 4.7% in November
Buyers closed on 18.5% fewer home sales from October to November and 4.7% less than in November 2024. Continue Reading REMAX: Home Sales Down 4.7% in November
Brazil to Conduct Real Estate Auction Using Blockchain Technology
Brazil will conduct its first public real estate auction using blockchain technology. Convergencia Digital reports the Court of Auditors of São Paulo (TCE-SP) will sell off 10 warehouses, with every document and photograph involved in the process to be timestamped and...
Mark E. Patten to Become CFO at Sun Communities
Sun Communities Inc. (NYSE: SUI), a Southfield, Michigan-headquartered real estate investment trust that owns and operates manufactured housing and recreational vehicle communities, announced the appointment of Mark E. Patten as chief financial officer (CFO),...
Silicon Valley and Aspen Top November’s List of Most Expensive Home Sales
A Silicon Valley villa and an Aspen estate were the most home sales during November, according to a new report from Redfin. Aspen was home to four of the 10 most expensive home sales of November – perfect timing for ski season. The most expensive home sales of...
NEWS & CURRENT EVENTS
New Coalition Seeks to Protect Quartz Industry Jobs
“The US quartz industry is an American success story built by small and family-owned American businesses,” said Rupesh Shah, co-CEO of the distributor M S International. Continue Reading New Coalition Seeks to Protect Quartz Industry Jobs
Von Maur Department Stores to Open First New Jersey Location
The three-level, approximately 164,000 square foot Von Maur location expects to employ approximately 150 full-time and part-time associates. Continue Reading Von Maur Department Stores to Open First New Jersey Location
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
New Report Names Detroit as America’s Neediest City
“The city has the third-highest share of households lacking complete plumbing facilities and the 10th-highest share lacking complete kitchen facilities,” the report said. Continue Reading New Report Names Detroit as America’s Neediest City
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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.
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Newsom did not publicly comment on the lawsuit. Continue Reading Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Granite Real Estate Investment Trust to Delist from the NYSE
Granite has also filed an application for its units to be quoted on the OTCQX platform, to begin trading on or about Dec. 23. Continue Reading Granite Real Estate Investment Trust to Delist from the NYSE
Fed Cuts Rates by Quarter Point
The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting. Continue Reading Fed Cuts Rates by Quarter Point
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
eXp Announces Additions to C-Suite
“Growth isn’t just learned, it’s lived,” said CEO Leo Pareja. Continue Reading eXp Announces Additions to C-Suite
The Agency Expands in Texas with New Office in Waco
The Agency Waco will be led by Managing Partners Amanda Cunningham and Matthew Cunningham. Continue Reading The Agency Expands in Texas with New Office in Waco
Houston Nonprofit Leader Arrested for Running Fraudulent Rental Housing Scheme
Rosemary Tucker, who operates “Hoodies 4 Healing,” was arrested last week after a months-long investigation by the Houston Police Department’s Major Offenders Division. Continue Reading Houston Nonprofit Leader Arrested for Running Fraudulent Rental Housing Scheme
Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
New Venture Plans to Tokenize Manufactured Home Loans On-Chain
ETHZilla will acquire a 15% fully diluted ownership stake in Zippy for $5 million in cash and $14 million in shares of common stock. Continue Reading New Venture Plans to Tokenize Manufactured Home Loans On-Chain
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