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Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage
Wang’s team closed 430 homes totaling $425 million in sales volume in 2024. Continue Reading Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage
Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage
Wang’s team closed 430 homes totaling $425 million in sales volume in 2024. Continue Reading Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage
LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
The Los Angeles City Council voted 12-1 on a resolution calling for the rejection of a proposed gondola project that would connect Dodger Stadium to the Union Station railroad hub. The Associated Press reports the aerial tramway would cover about one mile and cost...
Former Calgary Office Building to Become 204-Unit Rental Housing Development
The Canadian government, in partnership with the City of Calgary and other entities, announced over $83 million in combined funding to build a 204-unit rental housing development in Calgary. The new 800 Six West development is a conversion of an existing office and...
Mortgage Delinquency Rate Up During Q3
The delinquency rate for mortgages on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.99% of all loans outstanding at the end of the third quarter, according to data from the Mortgage Bankers Association (MBA). The delinquency rate...
NEWS & CURRENT EVENTS
Foreign Interest in US Real Estate Cooled Slightly in Q3
Miami remained the top destination for international shoppers in the third quarter, capturing 8.4% of all views from overseas. Continue Reading Foreign Interest in US Real Estate Cooled Slightly in Q3
FHLBank Topeka Awards $5 Million in Native American Housing Grants
This year’s grants are being presented to 16 tribes and tribally designated housing entities in Colorado, Kansas, Nebraska, and Oklahoma. Continue Reading FHLBank Topeka Awards $5 Million in Native American Housing Grants
Knock Rolls Out New Bridge Loan Plus
The product supports a variety of loan programs, including VA loans, and carries a one-time 2.25% fee Continue Reading Knock Rolls Out New Bridge Loan Plus
Share of First-Time Homebuyers at Record Low
NAR determined the median time in the home before selling was 11 years, an all-time high. Continue Reading Share of First-Time Homebuyers at Record Low
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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.
Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
By the end of July, the total number of home sellers was 1.95 million, down from a peak of 1.96 million in May. Continue Reading Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
The Federal Reserve Drama: Lisa Cook Praised by NY Fed Chief, Slammed by Trump Officials
No Republican senator is publicly backing Trump’s efforts to oust Cook. Continue Reading The Federal Reserve Drama: Lisa Cook Praised by NY Fed Chief, Slammed by Trump Officials
Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity
Among the government programs, the FHA share of total applications remained unchanged at 19.1% from the week prior. Continue Reading Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity
The Agency Expands Central American Presence with New Office in Costa Rica
The new office follows the company’s Central American operations in Panama and Nicaragua. Continue Reading The Agency Expands Central American Presence with New Office in Costa Rica
Braemar Hotels & Resorts Has Put Itself Up for Sale
Braemar’s portfolio includes nine resort and five urban properties operated under multiple brands. Continue Reading Braemar Hotels & Resorts Has Put Itself Up for Sale
Century Communities Begins Home Sales at New Arizona Development
The site is also located near golf courses, Lake Havasu and the Colorado River. Continue Reading Century Communities Begins Home Sales at New Arizona Development
Knock Closes on $100 Million Securitization
The buy-before-you-sell real estate fintech Knock announced the successful close of its inaugural $100 million securitization. According to the Atlanta-based company, the $100 million bond issuance will be used exclusively to fund Knock’s Bridge Loan products. Cantor...
Acres.com Debuts Tool to Track Residential Market Growth
The tool can identify the people behind holding companies and shell entities involved in land deals. Continue Reading Acres.com Debuts Tool to Track Residential Market Growth
Canada Invests $45 Million for Ottawa Rental Housing Complex
The Bayview Wateridge development is located in the Rockcliffe community within a few minutes of downtown Ottawa. Continue Reading Canada Invests $45 Million for Ottawa Rental Housing Complex
Aldi to Open First Grocery Store in Manhattan
The 25,000-square-foot store will be on 42nd Street near Times Square. Continue Reading Aldi to Open First Grocery Store in Manhattan
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