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Report: HUD Lays Off Nearly 500 Employees
The department did not make an official announcement of the layoffs. Continue Reading Report: HUD Lays Off Nearly 500 Employees
Report: HUD Lays Off Nearly 500 Employees
The department did not make an official announcement of the layoffs. Continue Reading Report: HUD Lays Off Nearly 500 Employees
Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud
A pair of Fiji nationals residing in California were sentenced for leading a multimillion-dollar mortgage fraud scheme. According to court records, Jyoteshna Karan and Praveen Singh Karan conspired to make straw purchases and short sales of approximately 15 homes from...
Two-Thirds of Condos Sold at Less Than Asking Price in February
February was a rough month for the condominium market, with roughly two-thirds (68.4%) of these properties selling for less than their original asking price, according to new data from Redfin (NASDAQ: RDFN). This is up from 63.3% a year earlier and the highest...
Crescent Seas Adds Second Ship to Nautical Residential Portfolio
Crescent Seas, a provider of residential luxury living at sea, has added of a second ship to its portfolio. The Crescent Seas' second ship, Insignia, will undergo a more than $50 million comprehensive revitalization and will feature 290 residences priced from $650,000...
NEWS & CURRENT EVENTS
Firm Named for Redevelopment of Historic Bronx Armory
The armory opened in 1917 and was used by the New York National Guard during the two World Wars. Continue Reading Firm Named for Redevelopment of Historic Bronx Armory
Mortgage Application Activity Starts 2025 in Decline
The Refinance Index increased 2% from the previous week and was 6% lower than the same week one year ago. Continue Reading Mortgage Application Activity Starts 2025 in Decline
California’s Harvest Realty Joins The Real Brokerage
Harvest joins Real under the company’s Private Label program. Continue Reading California’s Harvest Realty Joins The Real Brokerage
S2 Capital Acquires Portfolio of 5 Multifamily Properties
The transaction was sourced off-market. Continue Reading S2 Capital Acquires Portfolio of 5 Multifamily Properties
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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.
Revive and NextHome Partner to Deliver More Move-In Ready Homes to Real Estate Agents
Revive, a national presale home renovation solution for sellers, and NextHome, a national real estate franchise company, are joining forces to deliver more move-in ready homes to more than 5,500 NextHome agents in 610 offices across 48 states. NextHome, by...
Rocket Mortgage Promoting Freddie Mac Affording Housing Produce in 10 Metro Areas
Rocket Mortgage has partnered with Freddie Mac to offer their BorrowSmart Access program. The Freddie Mac program can offer up to a $2,500 credit for first-time homebuyers to use toward their down payment. According to a Rocket Mortgage press release, its version of...
The History of Homeownership for Women in the United States
For centuries, women in the United States have faced many challenges as they seek to gain access to homeownership. Women of various races and backgrounds were often discriminated against and denied access to homeownership for multiple reasons. Despite this, brave and...
Los Angeles Historic Stilt Home, As Seen In the Movie “Heat”, Is For Sale
As California’s fortunes rose and development boomed following World War II, Los Angeles offered a proving ground for new ideas about architecture and design. One striking variation of the typical modern aesthetic was the stilt home, designed to take advantage of...
Zillow Names Austin, TX the Top Pet-Friendly City for Renters Looking to Move
he most pet-friendly city in the country for renters is Austin, Texas, with more than 4 out of every 5 rental listings allowing pets. What's more, cities in Texas claimed the top three spots, and four of the top six. This is according to Zillow’s latest Consumer Home...
VergeSense Introduces New Occupancy Intelligence Platform
VergeSense, providing enterprises with an understanding of their occupancy, has built upon its foundation of occupancy sensors to introduce its new Occupancy Intelligence Platform. Customers now benefit from two complementary solutions: Occupancy Intelligence for...
Utah Governor Considers Support of SB 271- Second Home Co-Ownership Bill
Pacaso, a real estate platform that helps people buy and co-own a luxury second home, celebrates a monumental moment for co-ownership with the passage of Utah SB 271. The passage of the bill, sponsored by Sen. Michael McKell and Rep. Val Peterson, means the...
Lincoln Property Company Expands Pacific Northwest Leadership Team
National real estate firm Lincoln Property Company announced two key Pacific Northwest leadership moves to support the firm’s continued commitment to the region. Real estate professional Ryan Feigelson has joined the firm as Senior Vice President, responsible...
Redfin Reports Half as Many Affordable Homes for Sale in 2022 as in 2021
Roughly one in five (21%) U.S. homes for sale in 2022 was affordable for the typical household, according to a new report from Redfin, the technology-powered real estate brokerage. That’s down from two in five (40%) in 2021 and the lowest share on record. A...
New Again Houses Partners with Veracrest to Expand its Brokerage
Veracrest, a real estate brokerage-as-a-service (BaaS) company, has partnered with New Again Houses® (NAH) to unlock untapped value streams in the NAH Network by providing a turnkey brokerage solution for their ecosystem. NAH franchise owners currently serve over...
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