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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
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
Report: ‘Hidden Costs’ of Homeownership Nearly $16,000 Per Year
Homeowners have more than mortgage payments eating away at their budgets, as a new data report from Zillow and Thumbtack determined the so-called “hidden costs of homeownership” now add up to $15,979 per year nationwide – a sum that is outpacing incomes. In addition...
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...
NEWS & CURRENT EVENTS
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
The property’s last owner was financier Gary Winnick, who acquired it in 2000 for $94 million. Continue Reading LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
CMBS Delinquency Rate Surges to 7.46%
“All five of the major property types saw increases in their respective delinquency rates,” said Vivek Denkanikotte, research associate. Continue Reading CMBS Delinquency Rate Surges to 7.46%
DC-Area Brokerage Reverie Residential Expands to Southern New Hampshire
The brokerage has focused on the District of Columbia, Northern Virginia, and Maryland since 2011. Continue Reading DC-Area Brokerage Reverie Residential Expands to Southern New Hampshire
ECGI Holdings Signs LOI to Acquire Mortgage Lender RezyFi for $30 Million
“This acquisition positions ECGI to bridge the gap between traditional mortgage lending and next-generation financial technology,” said Jamie Steigerwald, president of ECGI Holdings. Continue Reading ECGI Holdings Signs LOI to Acquire Mortgage Lender RezyFi for $30 Million
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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.
New Bill Would Quadruple Property Taxes on Baltimore’s Vacant Lots
“We’re not using this as a revenue generator,” Councilwoman Odette Ramos said. Continue Reading New Bill Would Quadruple Property Taxes on Baltimore’s Vacant Lots
RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
Lombardo was previously chief operating officer at Guaranteed Rate Affinity. Continue Reading RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
Geraldine Hayhurst Joins Farmer Mac as Chief Legal Officer
Hayhurst was most recently associate general counsel for corporate and compliance at CoStar Group Inc. Continue Reading Geraldine Hayhurst Joins Farmer Mac as Chief Legal Officer
34% Property Tax Hike in Utah: Is Your City Next?
Unless citizens demand fiscal discipline and accountability, more communities across America will face the same painful reality. Continue Reading 34% Property Tax Hike in Utah: Is Your City Next?
HUD Initiates English-Only Policy for Department Services
The policy aligns with President Trump’s executive order in March that makes English the nation’s official language. Continue Reading HUD Initiates English-Only Policy for Department Services
Report: Residential Building Worker Wage Growth Slowed in Q2
Average hourly earnings for residential building workers rose to $39.35 in June, up 3.5% increase from the $38.02 level recorded one year ago. Continue Reading Report: Residential Building Worker Wage Growth Slowed in Q2
Prince and Princess of Wales Moving to New ‘Forever Home’
The relocation will be funded privately, and the royal couple will pay market rent on the property. Continue Reading Prince and Princess of Wales Moving to New ‘Forever Home’
Builders Continue to Have Little Confidence in the Housing Market
37% of builders reported cutting prices in August, down from 38% in July. Continue Reading Builders Continue to Have Little Confidence in the Housing Market
New Data Reports Highlight a Wobbly Housing Market
The median home sale price rose 1.4% year-over-year in July to $443,867, the highest July level on record. Continue Reading New Data Reports Highlight a Wobbly Housing Market
Utah City Approves 34% Property Tax Hike
The supporters of this measure cited a $540,000 budget shortfall for fiscal year 2026. Continue Reading Utah City Approves 34% Property Tax Hike
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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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