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Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
Dirk Wakeham Named President and CEO at RealPage
The property management software company RealPage Inc. has named Dirk Wakeham as its new president and CEO, effective immediately. Wakeham, who also joins the Richardson, Texas-based company’s board of directors, previously served as managing director for Vista Equity...
Mortgage Application Activity Takes a 0.6% Uptick
Mortgage applications inched up for the week ending Nov. 7, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.6% on a seasonally adjusted basis from one week...
Report: Fannie Mae Investigators Fired After Probing Pulte for Possible Misuse of Authority
Investigators in the ethics and investigations group within Fannie Mae (OTCQB: FNMA) were reportedly fired after probing whether Bill Pulte, the director of the Federal Housing Finance Agency (FHFA) and the self-appointed chairman of Fannie Mae, overstepped his...
NEWS & CURRENT EVENTS
Toll Brothers Debuts Luxury Townhome Community in New York’s Westchester County
Homes are priced from $1.39 million. Continue Reading Toll Brothers Debuts Luxury Townhome Community in New York’s Westchester County
Report: DC-Based Howard University Considering Bay Area Satellite Campus
“I have been leading discussions with Howard University,” said Oakland Mayor Barbara Lee. Continue Reading Report: DC-Based Howard University Considering Bay Area Satellite Campus
Century Communities Begins Sales at New Arizona Gated Community
Pricing for the homes begins in the low $300,000s. Continue Reading Century Communities Begins Sales at New Arizona Gated Community
Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
The proposal will be discussed at the City Council’s next meeting on Oct. 29. Continue Reading Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
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
Wells Fargo CEO Charles Scharf to Become Chairman of the Board
When Scharf becomes chairman, the Wells Fargo board intends to appoint a lead independent director. Continue Reading Wells Fargo CEO Charles Scharf to Become Chairman of the Board
Q2 Commercial and Multifamily Mortgage Originations Up 66% from Last Year
On a year-over-year measurement, there was a 140% spike in the dollar volume of loans for office properties. Continue Reading Q2 Commercial and Multifamily Mortgage Originations Up 66% from Last Year
The Link at Uptown, Dallas Office Property, Sells for $218 Million
The property’s leases were all signed post-pandemic. Continue Reading The Link at Uptown, Dallas Office Property, Sells for $218 Million
NYC Housing Lottery Applicants Impacted by Data Breach
The online platform at the center of the breach is managed by Reside New York, a third-party vendor. Continue Reading NYC Housing Lottery Applicants Impacted by Data Breach
Mortgage Rates Dip, Homebuyer Affordability Up Slightly
The national median payment applied for by purchase applicants dropped to $2,172 from $2,211 in May. Continue Reading Mortgage Rates Dip, Homebuyer Affordability Up Slightly
Tri Pointe Homes Opens First Community in Utah
The company plans to create four additional communities across Salt Lake, Utah, and Wasatch counties. Continue Reading Tri Pointe Homes Opens First Community in Utah
CMBS Delinquency Rate Rises for Fifth Straight Month
July’s overall delinquent balance was $43.3 billion, and the outstanding balance was $598.9 billion. Continue Reading CMBS Delinquency Rate Rises for Fifth Straight Month
Survey: One-Third of Americans Have No Problems Lying on Credit Applications
On the flip side, Americans expect robust fraud protection that ensures their personal data is not compromised on fraudulent credit applications. Continue Reading Survey: One-Third of Americans Have No Problems Lying on Credit Applications
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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