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Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Bank of England Opts to Hold Rates Steady
The Bank of England deviated from their American counterparts at the Federal Reserve by announcing they were not cutting rates at this time. In a statement, Gov. Andrew Bailey said, “Today we held interest rates at 4%. Since August last year, we have been able to cut...
Report: Increasing Number of VA Loans Being Used in Homebuying
During August, 7.3% of mortgaged homebuyers used a VA loan, up from 6.5% one year earlier, according to a data report from Redfin. This marked the highest share for that month since 2019. Nationwide, the number of VA loans rose 3% year-over-year in August, while the...
Ohio Mixed-Use Development Proposed for One-Time Negro League Ballpark
A long-vacant Ohio ballpark that was once home to Negro League baseball is being positioned as a site for a new mixed-use development. Ballpark Digest reports SPARC Holding LLC development firm, an affiliate of Arshot Investment Corporation, has presented a proposal...
NEWS & CURRENT EVENTS
A Phil Hall Op-Ed: Bill Pulte’s Curious Benevolence
The size and the destination of the FHFA director’s donation is unknown. Continue Reading A Phil Hall Op-Ed: Bill Pulte’s Curious Benevolence
Mountain Lakes Board of Realtors Joins Hive MLS
“We believe in working together while staying true to who we are,” said Kathleen Simmons, association executive at MLBOR. Continue Reading Mountain Lakes Board of Realtors Joins Hive MLS
Toys R Us to Open New Wave of Flagship and Seasonal Stores
20 locations are either currently open or will soon open on a seasonal basis at malls in 17 states. Continue Reading Toys R Us to Open New Wave of Flagship and Seasonal Stores
Compass Unveils Buyer Demand, a Proprietary Tool for Real-Time Market Insight
The company said the tool will enable agents and their clients to identify dynamics across different price points. Continue Reading Compass Unveils Buyer Demand, a Proprietary Tool for Real-Time Market Insight
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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.
Trump Praises Pulte, Refuting Media Reports on Problems with the FHFA Chief
The Wall Street Journal wrote that Pulte’s “attacks on Powell have irritated some senior administration officials.” Continue Reading Trump Praises Pulte, Refuting Media Reports on Problems with the FHFA Chief
Four Corners Property Trust Acquires 6 Novant Health Urgent Care Properties for $12 Million
The properties based in South Carolina and are corporate operated under long-term, triple net leases. Continue Reading Four Corners Property Trust Acquires 6 Novant Health Urgent Care Properties for $12 Million
Trump Threatens to Block Commanders’ Stadium Deal Over Team’s Name
“I may put a restriction on them that if they don’t change the name back to the original ‘Washington Redskins,'” Trump said. Continue Reading Trump Threatens to Block Commanders’ Stadium Deal Over Team’s Name
Peachtree Group Debuts $250 Million Special Situations Fund Focused on Hotel Market Dislocation
“This fund is about capitalizing on dislocation, not chaos,” said CEO Greg Friedman. Continue Reading Peachtree Group Debuts $250 Million Special Situations Fund Focused on Hotel Market Dislocation
Hits and Misses for the Real Estate Week of July 14-18
A spike in foreclosure filings, Ohio’s dueling property tax relief efforts, and a congressman facing eviction. Continue Reading Hits and Misses for the Real Estate Week of July 14-18
RE/MAX: Home Sales Up for Fifth Straight Month
June’s median sales price of $440,000 was a 2/8% increase from the prior month. Continue Reading RE/MAX: Home Sales Up for Fifth Straight Month
Q2 Home Sales in Texas Up 1.4%
The statewide median price was $340,000, down 1.4% from the same quarter last year. Continue Reading Q2 Home Sales in Texas Up 1.4%
New Legislation Seeks to Address Systemic Bias in Home Appraisals
Six Democratic senators cosponsored the bill. Continue Reading New Legislation Seeks to Address Systemic Bias in Home Appraisals
Utah Blocks Land Purchase Near Airport by Chinese Defense Contractor
“This isn’t just about one deal,” said Cox. Continue Reading Utah Blocks Land Purchase Near Airport by Chinese Defense Contractor
New Bipartisan Bill Seeks Government Support for ADU Construction
The lawmakers stated the construction of new ADUs is needed to address the national housing shortage. Continue Reading New Bipartisan Bill Seeks Government Support for ADU Construction
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