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.

Canadian Home Prices Flattened in February

March 19, 2024 Mariel Alumit Comments Off

The prices for existing Canadian homes were flat in February, ending a declining streak that began last fall. According to the Canadian Real Estate Association (CREA), nationwide home sales in February were down by 3.1% […]

Builder Confidence at Highest Level in Eight Months

March 19, 2024 Mariel Alumit Comments Off

Builder confidence in the market for newly built single-family homes climbed three points to 51 in March, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This is the […]

A Phil Hall Op-Ed: X Marks the NAR Settlement Spot

March 19, 2024 Mariel Alumit Comments Off

Following Friday’s announcement of the National Association of Realtors’ (NAR) $418 million settlement of the Sitzer/Barnett lawsuit and its pledge to change its commission structure in the home sale process, a lot of people had the overwhelming […]

Single-Family Housing Starts Jump by 11.6%

March 19, 2024 Mariel Alumit Comments Off

Single‐family housing starts in February were at a rate of 1.12 million, according to new data from the U.S. Census Bureau and U.S. Department of Housing and Urban Development. This is 11.6% above the revised […]

Russians and Iranians Are Top Foreign Buyers in Turkish Housing Market

March 18, 2024 Mariel Alumit Comments Off

Russians and Iranians were the leading foreign nationals buying residential property in Turkey in February, according to the Turkish Statistical Institute (TÜİK). IranIntl.com reported that Russians accounted for 395 of all Turkish home sales last month, […]

$7,000 in Grants Awarded to Preserve Three Historic Chicago Sites

March 18, 2024 Mariel Alumit Comments Off

Landmarks Illinois, a historic preservation-focused nonprofit organization, has awarded grants totaling $7,000 through the Timuel D. Black Jr. Grant Fund for Chicago’s South Side to preserve three historic sites. The Bronzeville Trail Task Force in […]

Mark Tribuna Named Chief Operations Officer at Arrive Home

March 18, 2024 Mariel Alumit Comments Off

Arrive Home, a Salt Lake City-based down payment assistance provider and operational entity for multiple governmental agencies, announced the appointment of Mark Tribuna as chief operations officer. Tribuna, who was previously chairman and CEO of […]

JLL Income Property Trust Acquires Oregon Apartment Community for $61 Million

March 18, 2024 Mariel Alumit Comments Off

JLL Income Property Trust (NASDAQ: ZIPTAX, ZIPTMX, ZIPIAX, ZIPIMX), announced its acquisition of Creekview Crossing, a class-A 183-unit apartment community in the suburban Portland market of Sherwood, Oregon. The purchase price was approximately $61 million […]

Hits and Misses for the Real Estate Week of March 11-15

March 18, 2024 Mariel Alumit Comments Off

An unexpected settlement, an unexpected resignation and the unexpected closing of 1,000 stores. From the wild and wooly world of real estate, here are the Hits and Misses for the week of March 11-15. Miss: […]

Mortgage Rates Drop Again

March 15, 2024 Mariel Alumit Comments Off

The latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC) found rates in decline. The 30-year fixed-rate mortgage averaged 6.74% as of March 14, down from last week when it averaged 6.88%. A year […]