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South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Property tax payments across the state increased by nearly 40% during the past four years. Continue Reading South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Property tax payments across the state increased by nearly 40% during the past four years. Continue Reading South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Mortgage Rates Inch Up Again
Mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6, up from last week when it averaged 6.17%. A year ago at this time, it averaged 6.79%. The...
Foundation Mortgage Names Samuel Bjelac as SVP for National Sales, TPO
Miami Beach-based Foundation Mortgage has hired Samuel Bjelac as senior vice president, national sales, third-party origination. Bjelac most recently served in the same position at Carrington Mortgage Services. Previously, he held senior leadership roles at...
Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Investors are continuing to make their impact felt in both high-end and affordable housing markets, according to Realtor.com's Investor Report Mid-Year Update. While overall home sales declined 4.2% year-over-year in the second quarter, investor purchases fell by only...
NEWS & CURRENT EVENTS
Mortgage Application Activity Declines for Fourth Straight Week
The Refinance Index increased by 4% and was 81% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines for Fourth Straight Week
REcore Solutions Sues Homes.com and CoStar Group Over Unpaid Licensing Fees
REcore said it would terminate the Homes.com and HomesPro data feeds containing listing records for the CRMLS as of Nov. 1. Continue Reading REcore Solutions Sues Homes.com and CoStar Group Over Unpaid Licensing Fees
eXp Realty Launches Division Aimed at Sports and Entertainment Clients
The new eXp Sports & Entertainment will be part of eXp Luxury. Continue Reading eXp Realty Launches Division Aimed at Sports and Entertainment Clients
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
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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.
Realtors Relief Foundation Allocates $500,000 to Help Texas Flooding Victims
exas Realtors will distribute the RRF grant among eight local associations. Continue Reading Realtors Relief Foundation Allocates $500,000 to Help Texas Flooding Victims
Builder Confidence Inches Up Slightly
The latest HMI survey found 38% of builders cutting prices in July, the highest percentage since NAHB began tracking this figure in 2022. Continue Reading Builder Confidence Inches Up Slightly
Mortgage Fraud Charges Against Schiff Referred to Justice Department
The case of alleged mortgage fraud by Sen. Adam Schiff (D-CA) has been referred to the Department of Justice (DOJ) for criminal prosecution. Fox News reports that Bill Pulte, director of the Federal Housing Finance Agency (FHFA), sent a letter to Attorney General Pam...
John Hancock’s Boston Home Listed for Sale
The property is currently being used as a law office, and pricing information is available upon request. Continue Reading John Hancock’s Boston Home Listed for Sale
Foreclosure Activity Rises During First Half of the Year
During the second quarter, there were 100,687 residential properties with a foreclosure filing, up 7% from the previous quarter and up 13% from one year ago. Continue Reading Foreclosure Activity Rises During First Half of the Year
Kentucky Home Sales Up During June
The state’s median sales price of $285,000 was up 2.2% month-over-month and up 4% year-over-year. Continue Reading Kentucky Home Sales Up During June
Occupi Raises $3.1 Million in Seed Funding Round
Fenway Summer and Assurant Ventures co-led the round. Continue Reading Occupi Raises $3.1 Million in Seed Funding Round
CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings
“How do agents and brokers keep earning commissions when Zillow aggressively holds the reins over four major real estate portals?” Florance asked. Continue Reading CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings
Court Dismisses Homie’s Lawsuit Against NAR
The court decided Homie failed to adequately present its case. Continue Reading Court Dismisses Homie’s Lawsuit Against NAR
Report: REITs Raised $22.5 Billion in Q2
There were no merger and acquisition deals in this sector during the first half of the year. Continue Reading Report: REITs Raised $22.5 Billion in Q2
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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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