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Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
Wendy’s to Close Hundreds of US Restaurants
The Wendy’s Company (NASDAQ: WEN) is planning to close hundreds of its US-based fast-food eateries to help steady the company’s financial strength. In an earnings call on Friday with financial analysts, Interim CEO Ken Cook said a “mid-single-digit percentage” of the...
Mortgage Credit Availability at 3-Year High
Mortgage credit availability was more abundant in October, according to the Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). “Credit availability in October rose to its highest level since 2022 as investors broadened their...
Hits and Misses for the Real Estate Week of Nov. 3-7
Fewer first-time buyers in the housing market, the firing of the FHFA’s inspector general, and the comeback for a historic Salt Lake City theater. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 3-7. Miss: A Tough Market...
NEWS & CURRENT EVENTS
DeSantis: Putting Multiple Property Tax Measures on the Ballot is a ‘Political Game’
“Placing more than one property tax measure on the ballot represents an attempt to kill anything on property taxes,” he wrote. Continue Reading DeSantis: Putting Multiple Property Tax Measures on the Ballot is a ‘Political Game’
New Listings and Pending Sales Up Across New York State
he median sales price across New York State was $427,628, a 3% upswing from the $415,000 price in September 2024. Continue Reading New Listings and Pending Sales Up Across New York State
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
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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.
The 10 Most Expensive US Home Sales for June
All 10 of the properties sold for more than $30 million. Continue Reading The 10 Most Expensive US Home Sales for June
Pennsylvania’s Median Home Sales Price Hits New High
Also on the rise were the number of listings on the market – 41,600, a 9% rise from the 38,100 recorded the same time last year. Continue Reading Pennsylvania’s Median Home Sales Price Hits New High
Two Mixed-Use Jersey Shore Properties Sell for $5.35 Million
Both properties house Berkshire Hathaway Fox & Roach Realtors offices. Continue Reading Two Mixed-Use Jersey Shore Properties Sell for $5.35 Million
Report: Canadians Spend 42.3% of Income on Taxes
Last year, the average Canadian family (with an income of $114,289) paid $48,306 in total taxes. Continue Reading Report: Canadians Spend 42.3% of Income on Taxes
Sen. Warren Blasts FHFA’s Pulte for ‘Abnormal’ Behavior
“Your job is to manage FHFA, oversee our nation’s mortgage market, and lower costs for American families–full stop,” Warren wrote. Continue Reading Sen. Warren Blasts FHFA’s Pulte for ‘Abnormal’ Behavior
Report: Opening Federal Land for Development Will Not Solve Basic Housing Shortage Problems
Approximately 640 million acres of land are federal owned, accounting for nearly one-quarter of the nation’s landmass. Continue Reading Report: Opening Federal Land for Development Will Not Solve Basic Housing Shortage Problems
Bette Davis’ Maine Estate Listed for $15 Million
The property last changed hands in 2016 for $3.75 million. Continue Reading Bette Davis’ Maine Estate Listed for $15 Million
DC Man Sentenced for Stealing Homes with Fraudulent Deeds
Jeffrey M. Young-Bey was found guilty by a jury on Feb.12, 2024, on 12 federal charges. Continue Reading DC Man Sentenced for Stealing Homes with Fraudulent Deeds
‘Bachelorette’ Star Tyler Cameron Joins Ryan Serhant’s Brokerage
Serhant planned to include Cameron in the third season of his “Owning Manhattan” series. Continue Reading ‘Bachelorette’ Star Tyler Cameron Joins Ryan Serhant’s Brokerage
Brenda Buchanan Named CEO of Real Estate Council of Ontario
Buchanan served as the interim CEO following the February retirement of Michael Beard. Continue Reading Brenda Buchanan Named CEO of Real Estate Council of Ontario
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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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