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Sen. Elizabeth Warren Slams Elon Musk’s ‘Delete the CFPB’
“Whenever billionaires are talking about how they think things would work better for ordinary families, hang on to your wallet,” she said. Continue Reading Sen. Elizabeth Warren Slams Elon Musk’s ‘Delete the CFPB’
Sen. Elizabeth Warren Slams Elon Musk’s ‘Delete the CFPB’
“Whenever billionaires are talking about how they think things would work better for ordinary families, hang on to your wallet,” she said. Continue Reading Sen. Elizabeth Warren Slams Elon Musk’s ‘Delete the CFPB’
California Home Sales Record Largest Yearly Increase in Over Three Years
California home sales during November marked the largest yearly increase in existing home sales since June 2021, although the level was still below the pre-Covid levels. According to new data from the California Association of Realtors (CAR), closed escrow sales of...
Canadian Home Sales Rise by Nearly 3%
Canada’s home sales during November were up 2.8% from the prior month and up 26% from one year earlier, according to data from the Canadian Real Estate Association (CREA). Last month’s sales are now a cumulative 18.4% above where they were in May, just before the Bank...
NAR Hires Advertising Agency to Help Improve Its Image
The National Association of Realtors (NAR) has hired the advertising agency Uncommon Creative Studio to help recalibrate its image in the wake of a year’s worth of negative publicity. Ad Age reported that Uncommon – which has offices in New York City, London and...
NEWS & CURRENT EVENTS
Mortgage Application Activity Down Slightly
The MBA reported mortgage applications for new home purchases in November were up 7.2% year-over-year. Continue Reading Mortgage Application Activity Down Slightly
Single-Family Housing Starts Up 6.4%
Privately-owned housing starts were down 1.8% from October. Continue Reading Single-Family Housing Starts Up 6.4%
RE/MAX Holdings Launches Commerce Media Network
The venture is being launched in partnership with the media agency Kontrol Media. Continue Reading RE/MAX Holdings Launches Commerce Media Network
Commercial Mortgage Delinquencies Up in Q3
Delinquencies were up in every major capital source during the third quarter. Continue Reading Commercial Mortgage Delinquencies Up in Q3
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Gindi Equities Acquires Second Multifamily Community in Fargo
The 252-unit property was acquired from Property Resources Group, which will continue to manage and service the asset. Continue Reading Gindi Equities Acquires Second Multifamily Community in Fargo
EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs
“After many years of serving consumers, EasyKnock has closed its doors,” said the New York City-based company. Continue Reading EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs
Former Ginnie Mae Chief Takes Role at Freddie Mac
Freddie Mac (OTCQB: FMCC) has announced the appointment of Sam Valverde as vice president of mission and community engagement within its single-family acquisitions division. Sam Valverde served as acting president from May through the end of November, when he stepped...
Trump Says He Has No Plans to Remove Powell as Fed Chairman
Jerome Powell can relax – President-elect Donald Trump stated he would not try to replace him before his terms as Federal Reserve chairman ends in May 2026. In an interview broadcast on NBC’s “Meet the Press,” moderator Kristen Welker pressed Trump on retaining...
Hits and Misses for the Real Estate Week of Dec. 2-5
A new achievement in luxury real estate, an executive preparing the next generation of professionals, and the perils of renting to Hunter Biden top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Dec. 2-5
Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme
James Macchio was sentenced to 42 months in prison and two years of supervised release. Continue Reading Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme
HUD Announces New Disaster Assistance Initiatives
Foreclosure moratoriums were extended for households impacted by Hurricanes Irene and Milton. Continue Reading HUD Announces New Disaster Assistance Initiatives
MaxHome Raises $2 Million in Pre-Seed Funding Round
MaxHome established partnerships with leading real estate brokerages including Baird & Warner and the Jason Mitchell Group. Continue Reading MaxHome Raises $2 Million in Pre-Seed Funding Round
Feds to Shed 8 Government Buildings
The GSA plan said the reduction will involve 1.5 million square feet and more than $475 million in estimated cost avoidance over 10 years. Continue Reading Feds to Shed 8 Government Buildings
Dollar General Plans 575 New US Stores in 2025
Also being planned is the full remodeling of 2,000 stores, renovations at another 2,250 outlets and the relocation of 45 stores. Continue Reading Dollar General Plans 575 New US Stores in 2025
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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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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
