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Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
The financial aspects of the deal were not disclosed. Continue Reading Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
The financial aspects of the deal were not disclosed. Continue Reading Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
Simon Property Group Debuts Rewards Program for Mall and Online Shoppers
Just in time for the holiday shopping season, the real estate investment trust Simon Property Group (NYSE: SPG) has rolled out Simon+, a free rewards program that provides members with cash back, points and perks for shopping at Simon Malls and Premium Outlets and...
Dirk Wakeham Named President and CEO at RealPage
The property management software company RealPage Inc. has named Dirk Wakeham as its new president and CEO, effective immediately. Wakeham, who also joins the Richardson, Texas-based company’s board of directors, previously served as managing director for Vista Equity...
Mortgage Application Activity Takes a 0.6% Uptick
Mortgage applications inched up for the week ending Nov. 7, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.6% on a seasonally adjusted basis from one week...
NEWS & CURRENT EVENTS
Federal Reserve Cuts Rates Again
The Fed warned that “uncertainty about the economic outlook remains elevated.” Continue Reading Federal Reserve Cuts Rates Again
Pending Home Sales Flat in September
Month-over-month and year-over-year pending home sales were up in the Northeast and South but declined in the Midwest and West. Continue Reading Pending Home Sales Flat in September
Report: Sales of Newly Built Homes at 4-Year Low
“Builders are hesitant to start new projects because in today’s buyer’s market, it doesn’t make financial sense,” said Jesse Landin, a Redfin Premier agent in San Antonio. Continue Reading Report: Sales of Newly Built Homes at 4-Year Low
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
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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.
NY Attorney General Letitia James Subpoenaed Over Trump Fraud Case
A spokesperson for James issued a statement that said,”Any weaponization of the justice system should disturb every American.” Continue Reading NY Attorney General Letitia James Subpoenaed Over Trump Fraud Case
Tucson Rejects Proposal for 290-Acre Data Center
Beale Infrastructure, a San Francisco-based development company behind the proposal, planned to bring Amazon Web Services data center to the property. Continue Reading Tucson Rejects Proposal for 290-Acre Data Center
Company to Pay $16 Million for Selling Faulty Air Conditioners
According to a 2021 recall notice, a woman died in August 2016 from smoke inhalation and her two children were injured after their Royal Sovereign air conditioner caught fire. Continue Reading Company to Pay $16 Million for Selling Faulty Air Conditioners
11th Century Italian Castle Listed at $4.16 Million
The 102,257-square-foot residence with 10 bedrooms and 10 bathrooms is located roughly 15 miles south of Milan. Continue Reading 11th Century Italian Castle Listed at $4.16 Million
Leader of Movement to End Michigan’s Property Taxes Announces Bid for Governor
Karla Wagner is the executive director of Ax MI Tax. Continue Reading Leader of Movement to End Michigan’s Property Taxes Announces Bid for Governor
New Executive Shifts Announced at loanDepot
The promotions are the latest executive shifts to occur since company founder and Chairman of the Board Anthony Hsieh was appointed permanent CEO on July 28. Continue Reading New Executive Shifts Announced at loanDepot
Trump Names Council of Economic Advisors Chairman Stephen Miran to Temporarily Fill Fed Board Vacancy
Miran replaces Adriana Kugler, who last week abruptly announced she would be stepping down from the board, effective Aug. 8. Continue Reading Trump Names Council of Economic Advisors Chairman Stephen Miran to Temporarily Fill Fed Board Vacancy
Price Premium for New Construction Drops to Record Low
New build list prices declined in 30 of the nation’s 100 largest metros, with the steepest declines in the South. Continue Reading Price Premium for New Construction Drops to Record Low
Multifamily Developer Confidence Up Slightly During Q2
“Multifamily developer confidence and sentiment are showing slight signs of improvement when compared to this time last year,” said Debra Guerrero, chairman of NAHB’s Multifamily Council. Continue Reading Multifamily Developer Confidence Up Slightly During Q2
Mortgage Rates Decline to Lowest Level Since April
The 30-year fixed-rate mortgage averaged 6.63% as of Aug. 7, down from last week when it averaged 6.72%, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.47%. The 15-year fixed-rate...
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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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