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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
Commercial/Multifamily Borrowing Surged During Q3
Commercial and multifamily mortgage loan originations during the third quarter were up by 18% from the previous quarter and up 36% year-over-year, according to data from the Mortgage Bankers Association (MBA). Originations for office, retail, hotel, and multifamily...
Denver Broncos Submit Preliminary Plan for New Stadium
The Denver Broncos has submitted a large development review pre-application to the City of Denver that details its preliminary plans for redeveloping a 58-acre former railroad yard as the preferred site of its new stadium. Included in the pre-application is a...
David Saavedra Named CEO at the New Mexico Association of Realtors
The New Mexico Association of Realtors (NMAR) has appointed David Saavedra as its new CEO. Saavedra served as interim CEO since July. According to the Albuquerque Journal, Saaverda is NMAR’s fourth CEO in two-and-a-half years, following Rob Wigton’s six months of...
NEWS & CURRENT EVENTS
Sales to Begin Next Month at Miami’s New Colette Residences
Pricing for the units begins at $3.3 million. Continue Reading Sales to Begin Next Month at Miami’s New Colette Residences
CoStar’s Matterport 3D Home Tours Removed from Zillow’s Platforms
Zillow (NASDAQ: Z, ZG) has announced that CoStar Group (NASDAQ: CSGP) declined to renew its API agreement that enables the use of its Matterport 3D home tour on the Zillow and StreetEasy platforms. Matterport was founded in 2011 and provides a 3D digital twin...
Survey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
More than one-third (35%) of millennials citing rising housing costs as the biggest obstacle to their retirement readiness. Continue Reading Survey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
Groundbreaking for $36 Million Mixed-Use Development in South Carolina
The community will include over 650 multifamily units and encompass more than 95 acres of commercial property. Continue Reading Groundbreaking for $36 Million Mixed-Use Development in South Carolina
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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.
Lawsuit Filed to Stop Public Funding for Cleveland Browns’ New Stadium
“Look, it wasn’t my choice of where to take the money,” said Gov. Mike DeWine. Continue Reading Lawsuit Filed to Stop Public Funding for Cleveland Browns’ New Stadium
HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region
“Our hearts break as we witness the catastrophe unfolding in Texas,” said HUD Secretary Turner. Continue Reading HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region
A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
The FHFA director’s announcement on the use of VantageScore 4.0 might come with a few problems. Continue Reading A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
Newsom Allocates $101 Million for Multifamily Rebuilding After LA Fires
California Gov. Gavin Newsom announced the state’s Department of Housing and Community Development (HCD) will release $101 million to finance the rebuilding of affordable multifamily rental housing in the Greater Los Angeles Region. According to the governor’s office,...
Hello, Comrade! Russian Investors Take Greater Interest in US Real Estate
The average Russian buyer paid $652,915 per property, while the overall foreign average was $480,695. Continue Reading Hello, Comrade! Russian Investors Take Greater Interest in US Real Estate
Ohio Lawmakers to Consider Overriding Gov. DeWine’s Vetoes on 3 Property Tax Reforms
Ohio’s Senate has not set a date for the consideration of overriding the governor’s votes. Continue Reading Ohio Lawmakers to Consider Overriding Gov. DeWine’s Vetoes on 3 Property Tax Reforms
Asking Rents Down for Fourth Straight Month
On a month-over-month basis, asking rents rose 0.6%. Continue Reading Asking Rents Down for Fourth Straight Month
Mortgage Application Activity Up 9.4%
The Refinance Index increased 9% from the previous week and was 56% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 9.4%
FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
The FTC will send checks and PayPal payments to 960 affected consumers. Continue Reading FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
Residential Transition Lender Dunmor Opens Wholesale Broker Division
Products will include bridge loans, fix and flip loans, ground-up construction loans, and multifamily loans. Continue Reading Residential Transition Lender Dunmor Opens Wholesale Broker Division
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