Real Estate News & Insights
Australia’s Central Bank Approves First Interest Rate Hike in 3 Years
Jim Chalmers, Australia’s treasurer, acknowledged the rate hike “will be difficult news for millions of Australians.” Continue Reading Australia’s Central Bank Approves First Interest Rate Hike in 3 Years
11North Partners Hires Ekta Patel as Chief Operating Officer
She joins 11North from Bain Capital Real Estate, where she was a director on the company’s real estate team. Continue Reading 11North Partners Hires Ekta Patel as Chief Operating Officer
Study: 28% of Title Insurance Companies Report Seller Impersonation Fraud
“Title insurance offers protection when seller impersonation fraud does occur,” said ALTA CEO Diane Tomb. Continue Reading Study: 28% of Title Insurance Companies Report Seller Impersonation Fraud
Report: GSEs Planning Tougher Rules on Multifamily Lenders
Fannie Mae and Freddie Mac together owned or guaranteed nearly 40% of the $2.2 trillion in multifamily mortgage debt. Continue Reading Report: GSEs Planning Tougher Rules on Multifamily Lenders
Exuma Capital Partners Launches AI-Powered Platform Property.com
According to a statement from the company, Property.com “empowers homeowners to take control of their most significant investments with ease.” Continue Reading Exuma Capital Partners Launches AI-Powered Platform Property.com
WP Carey Foundation Commits $25 Million for Arizona State University’s Real Estate Program
The new commitment expands the W. P. Carey Foundation’s gifting to the school to more than $100 million. Continue Reading WP Carey Foundation Commits $25 Million for Arizona State University’s Real Estate Program
Manhattan Office Building Sells in Auction at 97.5% Loss
The property was built in 1963 on the site of the 5,920-seat Roxy Theatre, which was once the world’s largest cinema. Continue Reading Manhattan Office Building Sells in Auction at 97.5% Loss
$4 Billion Settlement Reached in Maui Wildfires Devastation
“This global settlement of over $4 billion will help our people heal,” said Gov. Josh Green. Continue Reading $4 Billion Settlement Reached in Maui Wildfires Devastation
The Urgent Need to Deregulate Housing: John G. Stevens’ Perspective
In a recent article on WRE News titled "Renter Population is Growing 3X Faster Than Homeowner Population," I was drawn in by the alarming data. The number of US renter households in the second quarter grew by 1.9% year-over-year, according to a new data report from...
Hits and Misses for the Real Estate Week of July 29-Aug. 2
This week’s Hits and Misses include reckless political talk about housing, Chevron moving its headquarters to Texas and a contaminated school for sale. Continue Reading Hits and Misses for the Real Estate Week of July 29-Aug. 2
Report: Average Commission for Buyer’s Agent is 2.55%
In dollar terms, San Francisco had the highest average commission at $50,734. Continue Reading Report: Average Commission for Buyer’s Agent is 2.55%
Three Investors Plead Guilty in Real Estate Fraud Scheme
Each defendant faces a maximum penalty of five years in prison. Continue Reading Three Investors Plead Guilty in Real Estate Fraud Scheme
