Exclusive WRE News Articles
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Report: Property Insurance Accounts for 9.6% of Average Mortgage Payment
While property insurance costs rose 8.7% annually, ICE noted cost increases eased from 11.4% at the start of the year and a peak of 15.1% at the end of 2024. Continue Reading Report: Property Insurance Accounts for 9.6% of Average Mortgage Payment
Existing Home Sales Slowed in August Despite a Nearly 7-Year Inventory High
NAR’s Housing Affordability Index registered at 104.7, up from 101.2 a year ago. Continue Reading Existing Home Sales Slowed in August Despite a Nearly 7-Year Inventory High
Jerome Powell Sells Maryland Mansion for $7.2 Million
The property features a 7,155-square-foot waterfront mansion with six bedrooms and eight bathrooms. Continue Reading Jerome Powell Sells Maryland Mansion for $7.2 Million
Additional Reading: Realtor Tools & Insights
Golden Gate University Sells Downtown San Francisco Campus for $31.6 Million
Dallas-based Lincoln Property Company acquired the seven-story, 236,800-square-foot campus from the privately-owned school. Continue Reading Golden Gate University Sells Downtown San Francisco Campus for $31.6 Million
Mortgage Credit Availability Tightened in August
The trade organization’s Mortgage Credit Availability Index (MCAI) dropped by 1% to a reading of 107.3 last month. Continue Reading Mortgage Credit Availability Tightened in August
Sotheby’s International Realty Acquires 2 Company Franchises
The financial terms of the transactions were not disclosed. Continue Reading Sotheby’s International Realty Acquires 2 Company Franchises
American Healthcare REIT Hires Aric Chang as CFO
Chang joins the company from Public Storage (NYSE: PSA), an S&P 500 real estate company, where he serves as CFO for real estate. Continue Reading American Healthcare REIT Hires Aric Chang as CFO
First Latitude Margaritaville Community in Texas is Announced
The new 1,318-acre community will be based in Texas City along Galveston Bay and will feature approximately 3,500 residences that include single-family, villa and cottage homes. Continue Reading First Latitude Margaritaville Community in Texas is Announced
$43 Million Martha’s Vineyard Property Sale Sets Record for Massachusetts
Boston-based tech entrepreneur and investor Michael Bonner initially listed the property in June at $49 million. Continue Reading $43 Million Martha’s Vineyard Property Sale Sets Record for Massachusetts
Mortgage Nerds Joins the NEXA Lending Platform
“The servicing side changes everything,” co-owner Brian Hofmann said. “The economics are exciting, but for me the bigger opportunity is retention.” Continue Reading Mortgage Nerds Joins the NEXA Lending Platform
California’s Tafoya Real Estate Joins eXp Realty
Founded by Scott Tafoya in 2018, Tafoya Real Estate serves California’s Central Valley and markets throughout the state. Continue Reading California’s Tafoya Real Estate Joins eXp Realty
Diocese of Toledo Threatens Lawsuit if City Grants Historic Landmark Status to 2 Closed Churches
The Diocese said its “First Amendment religious freedom rights” were being violated by the City’s actions Continue Reading Diocese of Toledo Threatens Lawsuit if City Grants Historic Landmark Status to 2 Closed Churches
New Insurance Affordability Index Provides State-by-State View of Costs and Market Conditions
Homeowners’ insurance represents 2.4% of median household income, up 24% since 2020. Continue Reading New Insurance Affordability Index Provides State-by-State View of Costs and Market Conditions
HUD Updates Guidance to Set Statute of Limitations on Accessibility-Related Complaints
Under the new guidance, complaints can only be filed within one year of the completion of construction. Continue Reading HUD Updates Guidance to Set Statute of Limitations on Accessibility-Related Complaints
Real Estate Is Starting to Unbundle. Good Agents Should Welcome It
Technology and emerging flat-fee models are beginning to separate parts of the traditional real estate transaction. John G. Stevens explains why this could make the value of a great agent clearer, not diminish it. Continue Reading Real Estate Is Starting to Unbundle. Good Agents Should Welcome It
Mortgage Application Activity Edges Up Slightly
The FHA share of total applications decreased to 15.9% from 16.2% the week prior. Continue Reading Mortgage Application Activity Edges Up Slightly












