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Report: Average Buyer’s Agent Commission Up Slightly Since New NAR Rules
The average buyer’s agent commission during the third quarter was 2.42%, up from 2.36% one year earlier, while commissions were virtually flat compared to the previous quarter. According to a new data report from Redfin, commissions are at roughly the same level they...
Report: Average Buyer’s Agent Commission Up Slightly Since New NAR Rules
The average buyer’s agent commission during the third quarter was 2.42%, up from 2.36% one year earlier, while commissions were virtually flat compared to the previous quarter. According to a new data report from Redfin, commissions are at roughly the same level they...
New Forecast Predicts Slight Decline in Q4 Apartment Rent Growth
National apartment rent growth is projected to decline by 0.1% in the fourth quarter of this year, a downward revision of 160 basis points from a previous projection, according to Houseview forecast from CoStar Group (NASDAQ: CSGP). Vacancy is expected to hold at 8.2%...
Kansas City Chiefs Reportedly Issue RFP for Design of New Stadium
The Kansas City Chiefs have reportedly issued a request for proposals (RFP) for the design of a new stadium located across the Mississippi River from their Missouri home. KCUR reports the team is considering land adjacent to the Kansas Speedway for a new stadium and...
Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
White House officials are reportedly angry with Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), for influencing President Trump to announce his poorly received plan for a 50-year mortgage to encourage affordable homeownership. Politico, sourcing...
NEWS & CURRENT EVENTS
Mortgage Application Activity Rebounds After 4 Weeks in Decline
The Refinance Index increased by 9% and was also 111% higher than the same week one year ago. Continue Reading Mortgage Application Activity Rebounds After 4 Weeks in Decline
Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
The bill is now before the Select Committee on Property Taxes. Continue Reading Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
Mortgage Cadence Acquired by Enterprise Software Group PartnerOne
The terms of the deal were not disclosed. Continue Reading Mortgage Cadence Acquired by Enterprise Software Group PartnerOne
Tel Aviv Stock Exchange to Launch New Index for Israel’s Top Real Estate Companies
The real estate sector currently accounts for 18% of TASE’s total market capitalization. Continue Reading Tel Aviv Stock Exchange to Launch New Index for Israel’s Top Real Estate Companies
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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.
Chinese Nationals Sue to Block Texas Law Banning Foreign Ownership of Property
The plaintiffs stated the law, which goes into effect on Sept. 1, is unconstitutional and discriminates based on race and ethnicity. Continue Reading Chinese Nationals Sue to Block Texas Law Banning Foreign Ownership of Property
REMAX Teams With Green Bay’s Matthew Golden in New Marketing Campaign
“It was such a blessing to work with REMAX and Nimesh to help me achieve this goal,” said Golden in a statement. Continue Reading REMAX Teams With Green Bay’s Matthew Golden in New Marketing Campaign
Prudent Growth Partners Pays $7.25 Million for Atlanta-Area Shopping Center
Built in 2008, the property has 17 tenants encompassing a mix of businesses and service providers. Continue Reading Prudent Growth Partners Pays $7.25 Million for Atlanta-Area Shopping Center
New Platform Focuses on Temporary Housing for Traveling Healthcare Professionals
The new platform will enable nurses, allied health professionals, and other healthcare travelers to secure fully furnished homes near healthcare facilities. Continue Reading New Platform Focuses on Temporary Housing for Traveling Healthcare Professionals
Robert Harper Named Interim CEO at BREIT
Harper will continue to serve as the company’s co-president and a director. Continue Reading Robert Harper Named Interim CEO at BREIT
Financial Services Software Provider MeridianLink Sold for $2 Billion
Upon closing of the transaction, MeridianLink will become a private company. Continue Reading Financial Services Software Provider MeridianLink Sold for $2 Billion
Trump Hints at Merged Fannie-Freddie with November Listing on NYSE
Trump has recently met at the White House with several chief executives at major banks to discuss strategies for the privatization of Fannie Mae and Freddie Mac. Continue Reading Trump Hints at Merged Fannie-Freddie with November Listing on NYSE
Report: Cash-Out Refinances Fuels Most Refinancing Activity
The report also found tappable equity hit another record high during the second quarter. Continue Reading Report: Cash-Out Refinances Fuels Most Refinancing Activity
Cindy Konich to Retire as Chief Executive at FHLBank Indianapolis
The bank’s board of directors has named Brendan McGrath as her successor, effective Oct. 1. Continue Reading Cindy Konich to Retire as Chief Executive at FHLBank Indianapolis
Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
The three-story, Tudor-style 5,300-square-foot residence on a 2.02-acre property was built in 1901. Continue Reading Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
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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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