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Florida Home Sales and Prices in Decline
New listings of single-family homes in August were up by 2.3% compared to a year ago. Continue Reading Florida Home Sales and Prices in Decline
Florida Home Sales and Prices in Decline
New listings of single-family homes in August were up by 2.3% compared to a year ago. Continue Reading Florida Home Sales and Prices in Decline
Homes Sales Up While Inventory Shrinks in New York State
Home prices in New York continued to rise while the state’s housing inventory declined again, according to data from the New York State Association of Realtors. The median sales price of homes in New York rose from $410,000 in August 2023 to $444,713 last month. This...
Mortgage Rates Continue to Slide
Mortgage rates were down again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, down from last week when it averaged 6.20%. A year ago at this time, it averaged 7.19%....
Existing Home Sales Down 2.5%
Existing home sales were down 2.5% from July to August, reaching a seasonally adjusted annual rate of 3.86 million in August, according to new data from the National Association of Realtors (NAR). Year-over-year, sales fell by 4.2% from the 4.03 million sales in...
NEWS & CURRENT EVENTS
Tech Trends: New Tools for Real Estate Investors
This week’s edition of Tech Trends focuses on new offerings aimed at real estate investors. Continue Reading Tech Trends: New Tools for Real Estate Investors
Year-to-Date Luxury Home Sales in Canada on the Rise
Luxury markets in the Prairie provinces recorded some of the largest year-over-year increases. Continue Reading Year-to-Date Luxury Home Sales in Canada on the Rise
Georgia-Pacific Plans to Transform Atlanta HQ Building into Mixed-Use Development
The proposed development will include more than 400 apartment units on the tower’s uppermost floors. Continue Reading Georgia-Pacific Plans to Transform Atlanta HQ Building into Mixed-Use Development
Home Flipping Activity Down in Q2
The second quarter’s total is down by 8.7% in the first quarter and down by 7.9% in the second quarter of 2023. Continue Reading Home Flipping Activity Down in Q2
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Homes Sales Up While Inventory Shrinks in New York State
The median sales price of homes in New York rose from $410,000 in August 2023 to $444,713 last month. Continue Reading Homes Sales Up While Inventory Shrinks in New York State
Mortgage Rates Continue to Slide
The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, down from last week when it averaged 6.20%. Continue Reading Mortgage Rates Continue to Slide
Existing Home Sales Down 2.5%
First-time buyers were responsible for 26% of sales in August, matching the all-time low last seen in November 2021. Continue Reading Existing Home Sales Down 2.5%
Tech Trends: New Tools for Real Estate Investors
This week’s edition of Tech Trends focuses on new offerings aimed at real estate investors. Continue Reading Tech Trends: New Tools for Real Estate Investors
Year-to-Date Luxury Home Sales in Canada on the Rise
Luxury markets in the Prairie provinces recorded some of the largest year-over-year increases. Continue Reading Year-to-Date Luxury Home Sales in Canada on the Rise
Georgia-Pacific Plans to Transform Atlanta HQ Building into Mixed-Use Development
The proposed development will include more than 400 apartment units on the tower’s uppermost floors. Continue Reading Georgia-Pacific Plans to Transform Atlanta HQ Building into Mixed-Use Development
Home Flipping Activity Down in Q2
The second quarter’s total is down by 8.7% in the first quarter and down by 7.9% in the second quarter of 2023. Continue Reading Home Flipping Activity Down in Q2
OceanFirst Bank in Redlining Settlement with HUD
OceanFirst will invest at least $14 million in a loan subsidy fund. Continue Reading OceanFirst Bank in Redlining Settlement with HUD
Pretium Names Mark Hudspeth as Head of Capital Markets
Hudspeth joins Pretium from Blackstone Real Estate, where he was a managing director from 2021-2024. Continue Reading Pretium Names Mark Hudspeth as Head of Capital Markets
AOC Calls for New Federal Entity to Build and Sell ‘Social Housing’
The Homes Act is Ocasio-Cortez’s second housing bill introduced this year. Continue Reading AOC Calls for New Federal Entity to Build and Sell ‘Social Housing’
ABOUT WEEKLY REAL ESTATE NEWS
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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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
