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Canadian Home Sales and Prices Down During November
There were 173,000 properties listed for sale across all Canadian MLS Systems at the end of November, up 8.5% from one year earlier. Continue Reading Canadian Home Sales and Prices Down During November
Canadian Home Sales and Prices Down During November
There were 173,000 properties listed for sale across all Canadian MLS Systems at the end of November, up 8.5% from one year earlier. Continue Reading Canadian Home Sales and Prices Down During November
Florida Businessman Sentenced for Construction Loan Fraud Schemes
A Florida businessman was sentenced to 46 months in prison for defrauding clients in four states through loan agreements to finance construction projects and then causing more than $8 million in victim losses by misappropriating funds. David Ingram, 73, previously...
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
A new report from the Lincoln Institute of Land Policy and the Center for Geospatial Solutions (CGS) has determined that corporate entities and investors now own 8.9% of residential parcels in 500 counties, or roughly one in 11 parcels. The report observed that...
Lennard Commercial Realty Opens Vancouver Office
Lennard Commercial Realty has opened a new office in Vancouver, the company’s seventh location across Canada. The Vancouver office will be led by Partners Allon Shapiro and Aaron Ulinder, and will offer a full spectrum of commercial real estate brokerage services...
NEWS & CURRENT EVENTS
Kansas City Chiefs Reportedly Issue RFP for Design of New Stadium
The State of Kansas has offered to finance up to 70% of a new stadium project if the team decides to cross the state line. Continue Reading Kansas City Chiefs Reportedly Issue RFP for Design of New Stadium
Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
One of the unnamed sources in Politico’s coverage complained that Pulte “sold POTUS a bill of goods that wasn’t necessarily accurate.” Continue Reading Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
More than 1,200 New Jersey residents entered into HBAs, including 140 who paid early termination fees ranging from $575 to $42,000 to get out of them. Continue Reading New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
Apartment-Hotel Brand Sonder to Shut Down
Sonder properties were based in 37 cities across nine countries. Continue Reading Apartment-Hotel Brand Sonder to Shut Down
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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.
74-Year-Old Florida Man Arrested in Real Estate Investment Fraud Scheme
This is not the first time that Jerald Benjamin Clawson ran afoul of the law. Continue Reading 74-Year-Old Florida Man Arrested in Real Estate Investment Fraud Scheme
Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
The governor established an annual Maryland Housing Leadership Awards to recognize jurisdictions that make progress on their housing development goals. The Continue Reading Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
Toronto Home Sales Rise as Prices Decline
The average selling price of $1.02 million was down by 5.2% compared to one year earlier. Continue Reading Toronto Home Sales Rise as Prices Decline
Argentina Recovers Nazi-Looted Artwork Spotted in Online Real Estate Listing
Last month, the long-lost painting was seen in the interior of Patricia Kadgien’s Buenos Aires home. Continue Reading Argentina Recovers Nazi-Looted Artwork Spotted in Online Real Estate Listing
San Francisco Mayor Supports Parcel Tax on Properties to Fund Ailing Mass Transit System
“We believe that a parcel tax is the best mechanism to generate the level of funding needed to support Muni service,” said Mayor Lurie. Continue Reading San Francisco Mayor Supports Parcel Tax on Properties to Fund Ailing Mass Transit System
Report: 1 in 4 Homes Exposed to Acute Climate Risks
“Climate risks are no longer a distant threat for U.S. housing—they are a present reality that put a large chunk of US real estate value at risk,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Report: 1 in 4 Homes Exposed to Acute Climate Risks
Experian Updates System to Enable Review of Consumer Rent Histories and Payments
“We’re helping renters take control of their housing journey,” said Manjit Sohal, vice president of product management for Experian Housing. Continue Reading Experian Updates System to Enable Review of Consumer Rent Histories and Payments
Crittora Introduces Tool for Combating Wire Fraud in Real Estate Closings
The new platform’s features include identity-locked encryption that only allows the intended recipient to access a document. Continue Reading Crittora Introduces Tool for Combating Wire Fraud in Real Estate Closings
Mortgage Application Activity Drops by 1.2%
The FHA share of total applications increased to 19.9% from 19.1% the week prior. Continue Reading Mortgage Application Activity Drops by 1.2%
PennyMac Correspondent Group to Launch Non-QM Products
Pennymac intends to retain servicing on all non-QM products. Continue Reading PennyMac Correspondent Group to Launch Non-QM Products
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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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