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Mortgage Rates Tick Up Slightly
The 30-year fixed-rate mortgage averaged 6.22% as of Dec. 11, up from last week when it averaged 6.19% Continue Reading Mortgage Rates Tick Up Slightly
Mortgage Rates Tick Up Slightly
The 30-year fixed-rate mortgage averaged 6.22% as of Dec. 11, up from last week when it averaged 6.19% Continue Reading Mortgage Rates Tick Up Slightly
RentRedi Debuts Late Rent Report, Alerting Landlords to Tardy Tenants
The rental management software RentRedi has rolled out the Late Rent Report, a data-powered monthly email designed to help landlords act quickly if rent payments fall behind. In announcing the product, RentRedi noted that one in 10 tenants have been late on rent this...
Preservation of Affordable Housing to Start First Development in Maine
Preservation of Affordable Housing (POAH) a national nonprofit affordable housing developer, has closed on the construction financing for Lambert Woods North, a six-building, 72-unit apartment complex in Portland, Maine. This is POAH’s first development in the state...
The Agency Opens First Office in the Florida Keys
The real estate brokerage The Agency has opened its first office in the Florida Keys. The Agency Florida Keys will be led by Managing Partner and Broker Lisa Swanson and Managing Director Tim Swanson. This marks the brokerage's seventh office in Florida – the company...
NEWS & CURRENT EVENTS
Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
The company added that NV REIT is actively pursuing additional UPREIT and direct acquisitions across the Sunbelt and Mountain West Continue Reading Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
Federal Reserve Cuts Rates Again
The Fed warned that “uncertainty about the economic outlook remains elevated.” Continue Reading Federal Reserve Cuts Rates Again
Pending Home Sales Flat in September
Month-over-month and year-over-year pending home sales were up in the Northeast and South but declined in the Midwest and West. Continue Reading Pending Home Sales Flat in September
Report: Sales of Newly Built Homes at 4-Year Low
“Builders are hesitant to start new projects because in today’s buyer’s market, it doesn’t make financial sense,” said Jesse Landin, a Redfin Premier agent in San Antonio. Continue Reading Report: Sales of Newly Built Homes at 4-Year Low
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Senate Approves Bill Prohibiting Trigger Leads
Mortgage Bankers Association President and CEO Bob Broeksmit said it was “a long-overdue measure.” Continue Reading Senate Approves Bill Prohibiting Trigger Leads
Comic Matt Rife Acquires the Warren Home Featuring the Annabelle Doll
The latest “Conjuring” film, “The Conjuring: Last Rites,” is scheduled to open in theaters on Sept. 5. Continue Reading Comic Matt Rife Acquires the Warren Home Featuring the Annabelle Doll
DC Council Approves Plans for New Commanders Stadium
“This is a historic moment,” said Josh Harris, the owner of the Commanders. Continue Reading DC Council Approves Plans for New Commanders Stadium
Cincinnati Bengals Sign Lease to Stay at Paycor Stadium
The Bengals will invest $120 million in a renovation project at the 25-year-old stadium. Continue Reading Cincinnati Bengals Sign Lease to Stay at Paycor Stadium
UBS in $300 Million Settlement Over Credit Suisse RMBS Case
“UBS has resolved another of Credit Suisse’s legacy issues,” said the Swiss bank. Continue Reading UBS in $300 Million Settlement Over Credit Suisse RMBS Case
Hits and Misses for the Real Estate Week of July 28-Aug. 1
The Fed ignores the president, FICO lobbies Congress, and Grant Cardone needs a CFO. Continue Reading Hits and Misses for the Real Estate Week of July 28-Aug. 1
FICO Chief Pushes Back at Pulte Criticism Over Pricing and ‘Monopoly’ Status
“We have over 90% market share in all these other markets that have nothing to do with the government,” Will Lansing said. Continue Reading FICO Chief Pushes Back at Pulte Criticism Over Pricing and ‘Monopoly’ Status
Lennar Begins Home Sales at New Florida Community
The community includes a 55+ active adult section. Continue Reading Lennar Begins Home Sales at New Florida Community
Newsom Issues Executive Order Curbing Housing Density in Fire-Impacted Areas
Los Angeles Mayor Karen Bass issued a similar executive order. Continue Reading Newsom Issues Executive Order Curbing Housing Density in Fire-Impacted Areas
Trump Calls on Fed Board of Governors to Overthrow Powell
There is no precedent for the Fed’s Board of Governors to force its chairman out of the leadership role. Continue Reading Trump Calls on Fed Board of Governors to Overthrow Powell
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