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Forecast: Increased Investment in Canadian Residential Construction Through 2034

Forecast: Increased Investment in Canadian Residential Construction Through 2034

by Phil Hall | Apr 4, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Investment in Canada’s residential sector will move past a mostly stagnant 2025 into a steady series of increases from 2026 to 2034, according to the 2025–2034 Construction and Maintenance Looking Forward forecast published by BuildForce Canada. The forecast predicts...
LendingOne in New Partnership with Proptech Blanket

LendingOne in New Partnership with Proptech Blanket

by Phil Hall | Apr 4, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

LendingOne, a private lender for real estate investors, has entered a strategic partnership with the proptech platform Blanket. According to the companies, LendingOne’s suite of investor loan solutions will be integrated directly into the Blanket platform, with...
Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud

Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud

by Phil Hall | Apr 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A pair of Fiji nationals residing in California were sentenced for leading a multimillion-dollar mortgage fraud scheme. According to court records, Jyoteshna Karan and Praveen Singh Karan conspired to make straw purchases and short sales of approximately 15 homes from...
Two-Thirds of Condos Sold at Less Than Asking Price in February

Two-Thirds of Condos Sold at Less Than Asking Price in February

by Phil Hall | Apr 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

February was a rough month for the condominium market, with roughly two-thirds (68.4%) of these properties selling for less than their original asking price, according to new data from Redfin (NASDAQ: RDFN). This is up from 63.3% a year earlier and the highest...
Crescent Seas Adds Second Ship to Nautical Residential Portfolio

Crescent Seas Adds Second Ship to Nautical Residential Portfolio

by Phil Hall | Apr 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Crescent Seas, a provider of residential luxury living at sea, has added of a second ship to its portfolio. The Crescent Seas’ second ship, Insignia, will undergo a more than $50 million comprehensive revitalization and will feature 290 residences priced from...
Mortgage Rates Continue to Decline

Mortgage Rates Continue to Decline

by Phil Hall | Apr 3, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates sank again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.64% as of April 3, down slightly from last week when it averaged 6.65%. A year ago at this time, it averaged...
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