Featured Real Estate News
Weekly Real Estate News provides the top stories for national real estate news. Get the scoop on latest trends, find useful advice and tips for real estate agents and clients, and subscribe for free to receive weekly email updates in your inbox.
New Bill Would Ban Hedge Funds from Owning Single-Family Homes
“The housing in our neighborhoods should be homes for people, not profit centers for Wall Street,” said Sen. Jeff Merkley.
eXp Realty Expands Luxury Program to Four Countries
eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), is expanding its eXp Luxury real estate program into Australia, New Zealand, South Africa and the United Kingdom. eXp Luxury launched in October 2022 in the U.S. and expanded in Canada last September...
Redfin Launches AI-Powered Tool to Redesign Listing Photos
Redfin (NASDAQ: RDFN) has unveiled Redfin Redesign, an AI-powered tool that enables consumers to change the appearance of walls, floors and countertops in their home photos. With Redfin Redesign, a consumer selects an eligible home their Redfin search results and then...
Mortgage Rates Continue to Plummet
The latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC) finds mortgage rates in a continued decline. The 30-year fixed-rate mortgage averaged 7.03% as of Dec. 7, down from last week when it averaged 7.22%. A year ago at this time, it averaged...
News & Current Events
New Bill Would Ban Hedge Funds from Owning Single-Family Homes
“The housing in our neighborhoods should be homes for people, not profit centers for Wall Street,” said Sen. Jeff Merkley.
HUD in New Climate Change Endeavors
HUD Secretary Fudge spoke of her department’s “strong and enduring commitment to energy efficiency and climate resiliency.”
FHA Proposes Changes to 203(k) Program
Feedback is being welcomed via the FHA’s website through Jan. 5, 2024.
Brandon Milhorn Tapped to Become Next Chief Executive for the CSBS
Milhorn is currently deputy to Travis Hill, vice chairman of the Federal Deposit Insurance Corp.
Weekly Real Estate News Exclusive Articles
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
New Bill Would Ban Hedge Funds from Owning Single-Family Homes
“The housing in our neighborhoods should be homes for people, not profit centers for Wall Street,” said Sen. Jeff Merkley.
eXp Realty Expands Luxury Program to Four Countries
eXp Luxury launched in October 2022 in the U.S. and expanded in Canada last September and Puerto Rico last month.
Redfin Launches AI-Powered Tool to Redesign Listing Photos
The new feature is available for all active Redfin listings and eligible sold Redfin listings in the U.S. on Redfin.com and iPhone.
Mortgage Rates Continue to Plummet
“The 30-year fixed-rate mortgage averaged near 7%, down from nearly 7.80% just six weeks ago,” said Sam Khater, Freddie Mac’s chief economist.
Utah’s Governor Proposes Building 35,000 Starter Homes by 2028
“Our kids will never be able to call Utah home if we don’t start building starter homes again,” said Gov. Spencer Cox.
California, New Jersey and Illinois Cited as Most At-Risk Q3 Housing Markets
“Some parts of the country continue to pop up on the radar as places to watch for signs of housing-market drop-offs, based on key quarterly measures,” said Rob Barber, CEO at ATTOM.
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.
Subscribe to receive updates to your email inbox and follow WRE News on social media today!
Exclusive WRE Articles
;
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/
