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Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
The investment management firm Blackstone (NYSE: BX) is offloading its portfolio of 90 senior housing properties, incurring a $600 million loss on an investment of $1.8 billion. The Wall Street Journal reports Blackstone has been selling off the properties in a series...
Apartment Rents Record Greatest October Decline in Over 15 Years
Apartment rents declined in October with the national average falling to $1,708, a 0.3% dip from September’s revised figure of $1,713, according to data from Apartments.com, a division of CoStar Group (NASDAQ: CSGP). The new data marks the fourth consecutive month of...
Scott Neil to Become CEO at Realtor.ca Canada
Realtor.ca Canada Inc. has named Scott Neil as its new CEO, effective Jan. 5, 2026. Neil comes to Realtor.ca Canada from the online marketplace Kijiji Canada, where he was CEO. He previously held senior leadership roles at eBay, Adevinta, AutoTrader, Microsoft, and...
NEWS & CURRENT EVENTS
Existing Home Sales Up 1.5% in September
The median existing home price for all housing types was $415,200, up 2.1% from the $406,700 recorded one year earlier. Continue Reading Existing Home Sales Up 1.5% in September
Mortgage Rates Are Falling Again
The 30-year fixed-rate mortgage averaged 6.19% as of Oct. 23. Continue Reading Mortgage Rates Are Falling Again
Florida City Gives Preliminary Approval to 6,000-Seat Soccer Stadium
The stadium will anchor the proposed mixed-use Walton & One development, formerly known as City Center. Continue Reading Florida City Gives Preliminary Approval to 6,000-Seat Soccer Stadium
Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
At the other end of the spectrum, about 2.8% of mortgaged residential properties were considered seriously underwater in the third quarter. Continue Reading Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
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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.
Fannie Mae Sued for Discrimination by Over 60 Former Employees
Neither Fannie Mae nor Pulte have publicly commented on the lawsuit. Continue Reading Fannie Mae Sued for Discrimination by Over 60 Former Employees
Chicago Mayor Downplays CFO’s Remarks of a ‘Likely’ Property Tax Hike
“We have a working group that is coming up with a lot of ideas,” said Mayor Johnson. Continue Reading Chicago Mayor Downplays CFO’s Remarks of a ‘Likely’ Property Tax Hike
Opendoor Adds Cash Plus to Product Suite for Sellers and Agents
Cash Plus is currently available to Key Connections agent partners in Dallas, Nashville, and Raleigh. Continue Reading Opendoor Adds Cash Plus to Product Suite for Sellers and Agents
Neighborhood Ventures Completes Fourth Distressed-Asset Purchase
The property was acquired through a pre-foreclosure, forced sale transaction for $10.7 million. Continue Reading Neighborhood Ventures Completes Fourth Distressed-Asset Purchase
Trump to Tour Fed HQ
Trump acknowledged it was “highly unlikely” for him to force Powell out “unless he has to leave for fraud.” Continue Reading Trump to Tour Fed HQ
Florida’s Single-Family Home Sales Up in June, Down for Q2
The statewide median sales price for single-family existing homes last month was $412,000, down 3.5% compared to June 2024. Continue Reading Florida’s Single-Family Home Sales Up in June, Down for Q2
Real Estate Agent with Podcast Following Sentenced for Ponzi Scheme
Matthew Motil pleaded guilty to securities fraud and wire fraud on Sept. 5, 2024. Continue Reading Real Estate Agent with Podcast Following Sentenced for Ponzi Scheme
New York State Housing Inventory Expands to Nearly a 3-Year High
The state’s home prices were up for the 23rd straight month. Continue Reading New York State Housing Inventory Expands to Nearly a 3-Year High
Pilot Program to Enable Bitcoin Purchases of New Florida Construction Properties
ByteFederal is also teaming with OPISAS, an international real estate firm, to enable cryptocurrency purchases in Florida by foreign investors. Continue Reading Pilot Program to Enable Bitcoin Purchases of New Florida Construction Properties
Existing Home Sales Down, Median Home Price at New High
This marked the 24th consecutive month of year-over-year price increases. Continue Reading Existing Home Sales Down, Median Home Price at New High
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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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