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KBS Builders Inks 2 Maine Contracts for $4.6 Million

KBS Builders Inks 2 Maine Contracts for $4.6 Million

by Phil Hall | Oct 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

KBS Builders Inc. has signed two contracts totaling $4.6 million to manufacture 40 modules for the construction of cottages and affordable housing units in Maine. One contract is a $3 million project to manufacture 32 modules for the construction of 15 one- and...
Mortgage Application Activity Drops by 1.3%

Mortgage Application Activity Drops by 1.3%

by Phil Hall | Oct 2, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application volume was down for the week ending Sept. 27, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.3% on a seasonally adjusted basis from...
Housing Issues in Spotlight in Vice Presidential Debate

Housing Issues in Spotlight in Vice Presidential Debate

by Phil Hall | Oct 2, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The challenges facing the housing market were among the issues raised during Tuesday evening’s debate between the two major vice-presidential candidates, Sen. JD Vance (R-OH) and Gov. Tim Walz (D-MN). Walz advocated for the “bold forward plan that Kamala Harris put...
New Florida Law Requires Home Sellers to Disclose Property’s Flood Risk

New Florida Law Requires Home Sellers to Disclose Property’s Flood Risk

by Phil Hall | Oct 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new law went into effect today in Florida that requires home sellers to disclose their property’s flood risk to buyers. Central Florida Public Radio reported HB-1049 mandates that sellers inform buyers if insurance claims for flood damage had been filed on their...
Report: The Top Market for Real Estate Investors Is…

Report: The Top Market for Real Estate Investors Is…

by Phil Hall | Oct 1, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Dayton, Ohio, was named the top market for residential real estate investment, according to a new report published by Realtor.com. Dayton was cited for what Realtor.com dubbed “below-average home prices and robust demand, boasting a low 4.7% rental vacancy rate in...
HUD and Ginnie Mae to Host Summit on Mortgage Market Liquidity

HUD and Ginnie Mae to Host Summit on Mortgage Market Liquidity

by Phil Hall | Sep 30, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae are co-hosting a summit focusing on the impact of mortgage market liquidity on Americans’ access to affordable homeownership. The Mortgage Market Resilience and Access to Credit Summit...
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