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California Realtors Donate $600,000 to Wildfire Relief Funds

California Realtors Donate $600,000 to Wildfire Relief Funds

by Phil Hall | Jan 17, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The California Association of Realtors (CAR) is contributing a combined $600,000 toward two realtor-sponsored charitable funds to help those who have incurred substantial losses due to the ongoing Los Angeles County wildfires. CAR is donating $300,000 to its Disaster...
Trump Nominates Bill Pulte to Become FHFA Director

Trump Nominates Bill Pulte to Become FHFA Director

by Phil Hall | Jan 16, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

President-elect Donald Trump announced that he will nominate Bill Pulte to become the next director of the Federal Housing Finance Agency (FHFA). Pulte is the CEO of Pulte Capital Partners and has gained prominence for his philanthropic endeavors on X (formerly...
Builder Confidence Inches Up

Builder Confidence Inches Up

by Phil Hall | Jan 16, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder sentiment began 2025 with a mild upswing, despite concerns over how building material tariffs and costs and a larger government deficit could impact inflation and mortgage rates. Builder confidence in the market for newly built single-family homes was 47 in...
Canadian Housing Starts Up 2% During 2024

Canadian Housing Starts Up 2% During 2024

by Phil Hall | Jan 16, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Canada recorded 245,120 housing starts in 2024, up 2% year-over-year, according to data from the Canada Mortgage and Housing Corporation (CMHC). The vast majority of housing starts (245,120) were in markets with populations of 10,000 and greater, while an estimated...
FCC Warns Against Fraudulent Mortgage Calling Campaign

FCC Warns Against Fraudulent Mortgage Calling Campaign

by Phil Hall | Jan 16, 2025 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Communications Commission (FCC) has issued a warning about a deceptive and fraudulent calling campaign targeting homeowners across the country. The agency identified the source of the fraud as a calling campaign dubbed “Green Mirage,” which has been...
CFPB: Homeowners Near Rivers and Creeks More Likely to be Underinsured Against Flooding

CFPB: Homeowners Near Rivers and Creeks More Likely to be Underinsured Against Flooding

by Phil Hall | Jan 16, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) issued a new report that found homeowners who face flooding from rivers and creeks were more likely to be underinsured than residents of coastal areas. The report, which used a sample of mortgage applications from...
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