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91-Unit Rental Home Community Opens in Edmonton
The Parkside North Townhomes were built on the former military base Griesbach Barracks. Continue Reading 91-Unit Rental Home Community Opens in Edmonton
91-Unit Rental Home Community Opens in Edmonton
The Parkside North Townhomes were built on the former military base Griesbach Barracks. Continue Reading 91-Unit Rental Home Community Opens in Edmonton
Zillow Bans Private Listings from Platform
Zillow (NASDAQ: Z, ZG) has announced it is enacting the National Association of Realtors’ (NAR) Clear Cooperation Policy with “new standards for listing transparency” that bans private listings from its platform. According to the Seattle-headquartered company, the new...
Pending Home Sales in Mid-Atlantic Region Up by Nearly 40%
A total of 22,021 homes went under contract in March across the Mid-Atlantic market serviced by Bright MLS, which reflects a 39.5% month-over-month upswing. On a year-over-year basis, pending sales were up 2.8%. There were 24,654 new listings coming onto the market...
Blackstone Acquires Texas Industrial Portfolio for $718 Million
Blackstone (NYSE: BX) has acquired a 95% stake in an industrial portfolio developed by Crow Holdings for $718 million. Crow Holdings and its partners will retain 5% ownership. The portfolio consists of 25 Class A buildings totaling 6 million square feet and is...
NEWS & CURRENT EVENTS
IMF Warns of Housing Affordability Crisis in The Bahamas
The study went one step further by questioning what the local population is being paid. Continue Reading IMF Warns of Housing Affordability Crisis in The Bahamas
Inmate Charged with Running $10 Million Real Estate Fraud Scheme from Prison
Seth Adam Depiano was sentenced in 2018 to more than 12 years in prison for running a $24 million fraud scheme. Continue Reading Inmate Charged with Running $10 Million Real Estate Fraud Scheme from Prison
State Farm, in a Reversal, to Renew Los Angeles County Homeowner Policies
“We are putting tens of millions of dollars back into customers’ hands,” the company said. Continue Reading State Farm, in a Reversal, to Renew Los Angeles County Homeowner Policies
California Home Sales Up Nearly 20% Year-Over-Year
The December statewide median price of $861,020 was up by 1% from November’s price of $852,880. Continue Reading California Home Sales Up Nearly 20% Year-Over-Year
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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.
Profit Margins on Home Sales Down 44.2% During Q1
This marked the third straight quarterly decrease nationwide and resulted in the lowest investment return since mid-2021. Continue Reading Profit Margins on Home Sales Down 44.2% During Q1
Mortgage Delinquency Rate Remains Near Record Low
No state posted an annual increase in overall delinquency rates in February. Continue Reading Mortgage Delinquency Rate Remains Near Record Low
MBA: Mortgage Application Payments Up 1.6% to $2,093 in March
The national PAPI rose to 171.5 in March from 168.9 in February, a record high. Continue Reading MBA: Mortgage Application Payments Up 1.6% to $2,093 in March
Guest Opinion: Can Solar Tax Credits Help Make Housing More Affordable?
Many states offer their own state tax credits for solar installs that work in tandem with the federal-level credit. Continue Reading Guest Opinion: Can Solar Tax Credits Help Make Housing More Affordable?
MBA: Mortgage Applications Up 3.7%
The seasonally adjusted Purchase Index increased 5%. Continue Reading MBA: Mortgage Applications Up 3.7%
Is A New Housing Bubble Being Formed?
“Plainly put, a generational housing bubble is on the horizon,” the authors said in Kelley Real Estate Outlook. Continue Reading Is A New Housing Bubble Being Formed?
Half of the Top 20 US Brokerages Were Founded After 2000
“The transition from the old paradigm of brokerages to the new paradigm is complete,” Said T3 Sixty’s Stefan Swanepoel. Continue Reading Half of the Top 20 US Brokerages Were Founded After 2000
Marriott Announces First 19 Projects in ‘Bridging the Gap’ Program
“We see hotel ownership as a powerful economic generator,” said Anthony Capuano, president and CEO of Marriott International. Continue Reading Marriott Announces First 19 Projects in ‘Bridging the Gap’ Program
Real Estate Trade Groups Voice Support of Federal Fair Housing Rule
“Realtors are champions for diverse, inclusive communities where everyone can thrive,” said 2023 NAR President Kenny Parcell. Continue Reading Real Estate Trade Groups Voice Support of Federal Fair Housing Rule
CFPB Issues Guidance to Debt Collectors on Zombie Mortgages
CFPB Director Rohit Chopra said that “threatening to sue to collect on expired zombie mortgage debt is illegal.” Continue Reading CFPB Issues Guidance to Debt Collectors on Zombie Mortgages
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