Exclusive WRE News Articles
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Weekly Real Estate News has a team of expert editors on staff to provide articles exclusive to WRE News. These articles aren’t published anywhere else and include insights, outlooks, tools, and trends for the real estate and mortgage industries. For weekly updates with these exclusive articles and other popular articles on the site, click “Subscribe to Updates” below.
Mortgage Application Activity Records Slight Uptick
Among the federal programs, the FHA share of total applications decreased to 15.7% from 16.3% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
Ex-Pennsylvania Township Tax Collector Pleads Guilty to Embezzling Property Taxes
Karen McGinnis pleaded guilty to one count of embezzlement of public funds. Continue Reading Ex-Pennsylvania Township Tax Collector Pleads Guilty to Embezzling Property Taxes
Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
Eric Drinkwater was licensed with RE/MAX Central since 2005. Continue Reading Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
Additional Reading: Realtor Tools & Insights
Virginia Home Sales Hold Steady Amid Surge in New Listings
The statewide median sales price reached $430,000, a 3.6% increase from August 2024. Continue Reading Virginia Home Sales Hold Steady Amid Surge in New Listings
Forecast Warns of 10% Spike in Electric Heating Costs This Winter
NEADA is also predicting higher natural gas costs, with the average household gas bill increasing from $639 to $693. Continue Reading Forecast Warns of 10% Spike in Electric Heating Costs This Winter
Florida Records Surge in Pending Home Sales
The statewide median sales price for single-family existing homes in August was $410,000, down 0.4% year-over-year. Continue Reading Florida Records Surge in Pending Home Sales
HUD Rescinds Obama-Era Fair Housing Rule
he first Trump administration terminated the AFFH rule in 2020 by claiming it “proved to be costly, complicated, and ineffective.” Continue Reading HUD Rescinds Obama-Era Fair Housing Rule
CBRE in Partnership on Electric Vehicle Charger Installations
CBRE will help match 3V with multifamily properties looking to provide residents with an EV charging amenity. Continue Reading CBRE in Partnership on Electric Vehicle Charger Installations
Virginia Home Sales Up 1.8%
Virginia’s statewide median sales price was $399,000 in January, up more than $27,000 since the same time last year, a 7.3% increase. Continue Reading Virginia Home Sales Up 1.8%
Rep. Maxine Waters Demands Emergency Hearing Over HUD Layoffs
Waters wants HUD Secretary Scott Turner to explain the workforce reductions. Continue Reading Rep. Maxine Waters Demands Emergency Hearing Over HUD Layoffs
Blend Launches Rapid Home Lending, Focused on Refinance and Home Equity Lending
Blend Labs said that early results of the product’s testing reduced the traditional 30-45 day home equity process to 5-10 days. Continue Reading Blend Launches Rapid Home Lending, Focused on Refinance and Home Equity Lending
Sean Coghlan Named Head of Investor Relations at JLL
Coghlan previously led the company’s global research and strategy for capital markets. Continue Reading Sean Coghlan Named Head of Investor Relations at JLL
New Single-Family Home Sales Sank in January
The median sales price of new houses sold last month was $446,300 while the average sales price was $510,000. Continue Reading New Single-Family Home Sales Sank in January
Missouri Woman Pleads Guilty to Graceland Foreclosure Scheme
Lisa Jeanine Findley, who was arrested last August, entered her guilty plea in a Memphis federal court. Continue Reading Missouri Woman Pleads Guilty to Graceland Foreclosure Scheme
Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community
District South will be located on a 21-acre site and will feature 365 multifamily units, 90 for-rent townhomes, six carriage homes, and 13 retail spaces. Continue Reading Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community
Mortgage Application Activity Slows Down
The Refinance Index decreased 4% from the previous week and was 45% higher than the same week one year ago. Continue Reading Mortgage Application Activity Slows Down
