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  • [ September 19, 2023 ] Ahoy, New York’s most unique real estate deal: James Franco houseboat lists for $250K New York Post
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HomeWeely Real Estate News

Weely Real Estate News

Weekly Real Estate News refers to news and updates about the real estate industry that are published on a weekly basis. These updates may include information about the latest trends and developments in the real estate market, new regulations and laws that affect the industry, and updates on major real estate transactions or investments.

Weekly Real Estate News can be accessed through a variety of sources, including news websites, social media platforms, industry publications, and newsletters. Many real estate agents and brokers also send out weekly newsletters or emails to their clients with updates and information about the market.

real estate
Mortage News

US mortgage rates will create ‘dire’ situation for real estate market, expert warns

August 23, 2023 Mark Paul Cervantes Comments Off on US mortgage rates will create ‘dire’ situation for real estate market, expert warns

One U.S. market expert is echoing similar concerns as some of the nation’s top real estate industry leaders about the short-term future of the industry. “As time goes on and people have to roll out of those […]

Evergrande
International

China’s Evergrande files for bankruptcy in US: Rise and fall of the real estate behemoth

August 18, 2023 Mark Paul Cervantes Comments Off on China’s Evergrande files for bankruptcy in US: Rise and fall of the real estate behemoth

The troubled Chinese real-estate firm Evergrande has filed for Chapter 15 bankruptcy in a US court. The development comes five months after the real estate behemoth unveiled its long-awaited restructuring plan, the largest in China’s […]

Weely Real Estate News

Foreign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them

August 2, 2023 Mark Paul Cervantes Comments Off on Foreign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them

For the 15th consecutive year, Florida remained the top destination for foreign buyers, accounting for 23% of all international purchases. The post Foreign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them appeared […]

Weely Real Estate News

Canadian Housing Starts Up in June

July 19, 2023 Mark Paul Cervantes Comments Off on Canadian Housing Starts Up in June

Toronto and Vancouver accounted for 47% of total housing starts in Canada’s urban centers during June. The post Canadian Housing Starts Up in June appeared first on Weekly Real Estate News.

Weely Real Estate News

Brookfield Returns NYC’s Historic Brill Building to Lender

July 19, 2023 Mark Paul Cervantes Comments Off on Brookfield Returns NYC’s Historic Brill Building to Lender

At its peak in 1962, the Brill Building was home to 165 music businesses. The post Brookfield Returns NYC’s Historic Brill Building to Lender appeared first on Weekly Real Estate News.

Weely Real Estate News

Luke Bryan cuts price on Florida mansion for second time

July 19, 2023 Mark Paul Cervantes Comments Off on Luke Bryan cuts price on Florida mansion for second time

The four-story five-bedroom, five-bathroom property was built in 1994 and bought by Ryan in 2013 for $2.5 million. The post Luke Bryan cuts price on Florida mansion for second time appeared first on Weekly Real […]

Weely Real Estate News

The Best and Worst Cities for First-Time Home Buyers Are…

July 19, 2023 Mark Paul Cervantes Comments Off on The Best and Worst Cities for First-Time Home Buyers Are…

Honolulu has the lowest real estate tax rate at 0.30%, while the highest is in Waterbury, Connecticut, at 3.59%. The post The Best and Worst Cities for First-Time Home Buyers Are… appeared first on Weekly […]

Weely Real Estate News

Builder Confidence Up for Seventh Straight Month

July 19, 2023 Mark Paul Cervantes Comments Off on Builder Confidence Up for Seventh Straight Month

Only 22% of builders reported cutting prices in July, down from 25% in June and 27% in May. The post Builder Confidence Up for Seventh Straight Month appeared first on Weekly Real Estate News.

Weely Real Estate News

The Best and Least Educated Cities Are…

July 18, 2023 Mark Paul Cervantes Comments Off on The Best and Least Educated Cities Are…

Michigan’s Ann Arbor has the highest share of bachelor’s degree holders aged 25 and older, 57.2%. The post The Best and Least Educated Cities Are… appeared first on Weekly Real Estate News.

Weely Real Estate News

Ohio Homeownership Rate Drops to Record Low

July 18, 2023 Mark Paul Cervantes Comments Off on Ohio Homeownership Rate Drops to Record Low

Roughly 209,600 homes were sold in Ohio last year, the lowest total since 2015 The post Ohio Homeownership Rate Drops to Record Low appeared first on Weekly Real Estate News.

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U.S. Market

Federal
Housing Wire

Federal Reserve fines Regions Bank $2.95 million for ‘unsafe’ flood insurance program

August 24, 2023 Comments Off on Federal Reserve fines Regions Bank $2.95 million for ‘unsafe’ flood insurance program

The Federal Reserve System this week fined Birmingham, Ala.-based Regions Bank $2.95 million for “unsafe and unsound practices in its flood insurance compliance program and for flood insurance regulatory violations,” according to the Fed. The […]

Mortage News

New Home Sales Benefit from Inventory Issues

August 24, 2023 Comments Off on New Home Sales Benefit from Inventory Issues

Sales of newly constructed homes appear to be benefitting from the very lack of inventory that is stifling existing home sales.  July’s sales of pre-owned homes lagged sales a year earlier by more than 16 […]

inflation
Economy

Analysis: US bond yields surge despite muted inflation as investors look beyond Fed

August 23, 2023 Comments Off on Analysis: US bond yields surge despite muted inflation as investors look beyond Fed

NEW YORK, Aug 23 (Reuters) – A recent spike in U.S. bond yields has come alongside muted expectations for inflation, a sign to some bond fund managers that economic resilience and high bond supply are […]

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