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Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
Mortgage Application Activity Slows Again
Mortgage application activity slowed again for week ending Oct. 10, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.8% on a seasonally adjusted basis from one...
William Holden’s Palm Springs Estate Listed for $11 Million
The Palm Springs, California-based estate that was once owned by Academy Award-winning actor William Holden has been listed for sale at $11 million. According to Realtor.com, the 1-acre property features a 4,449-square-foot home with five bedrooms and bedrooms. The...
Florida Lawmaker Proposes $1,000/Year Property Tax Rebate for Next 5 Years
A Florida legislator is proposing a new bill that would offer certain homeowners an annual $1,000 rebate on their properties over the next five years. Newsweek reports Rep. Jeff Holcomb’s House Bill 71 would enable some homestead property owners to receive a total of...
NEWS & CURRENT EVENTS
Judge Rules Work Can Resume on Trump-Blocked New England Offshore Wind Project
The judge ruled the developers behind the project, were “likely to suffer irreparable harm in the absence of an injunction.” Continue Reading Judge Rules Work Can Resume on Trump-Blocked New England Offshore Wind Project
New Pilot Program Aimed at Expanding Homeownership in Detroit
The mortgage product will provide qualified borrowers with up to 40% of a home’s purchase price in down payment assistance without adding any monthly debt. Continue Reading New Pilot Program Aimed at Expanding Homeownership in Detroit
Tony Sertich Named Executive Director at the California Housing Finance Agency
Sertich was most recently the assistant deputy director at the Division of State Financial Assistance at the California Department of Housing and Community Development. Continue Reading Tony Sertich Named Executive Director at the California Housing Finance Agency
A Phil Hall Op-Ed: The Smearing of Erik Siebert
The Interim US Attorney was slandered by President Trump after concluding the mortgage fraud case against Letitia James would not stand up in court. Continue Reading A Phil Hall Op-Ed: The Smearing of Erik Siebert
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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.
eXp Realty Expands Into Ecuador
The new office will be led by Kléver Guanoluisa Torres, who previously led the RE/MAX team in Ecuador. Continue Reading eXp Realty Expands Into Ecuador
Hits and Misses for the Real Estate Week of May 12-16
Canada’s unlikely new housing minister, two high profile property sales where the sellers took a big loss, and HUD’s commitment to Indian Country housing. Continue Reading Hits and Misses for the Real Estate Week of May 12-16
Kash Patel: FBI to Vacate DC Headquarters
The 11-story Brutalist-style building opened in 1975. Continue Reading Kash Patel: FBI to Vacate DC Headquarters
Scott Felder Homes Acquires Olivia Clarke Homes
The financial terms of the deal were not disclosed. Continue Reading Scott Felder Homes Acquires Olivia Clarke Homes
CBRE Forecasts Modest RevPAR Growth for US Hotels in 2025
Looking ahead, CBRE projects RevPAR growth in the range of 1.0% to 3.0% over the next few years. Continue Reading CBRE Forecasts Modest RevPAR Growth for US Hotels in 2025
Woodrow Wilson’s 19th Century New Jersey Home Listed for $6.5 Million
The home last changed hands in 2003 for $2.2 million. Continue Reading Woodrow Wilson’s 19th Century New Jersey Home Listed for $6.5 Million
Report: Little Change in Real Estate Agent Commissions Since NAR Settlement
For homes that sold for $1 million or more in the first quarter, Redfin found the average buyer’s agent commission was 2.17%. Continue Reading Report: Little Change in Real Estate Agent Commissions Since NAR Settlement
Single-Family Housing Starts Down 2.1%
Single-family housing completions in April were at a rate of 943,000, down 8% from the revised March rate of 1.02 million. Continue Reading Single-Family Housing Starts Down 2.1%
Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April
The April issuance encompassed $42.2 billion in total MBS, resulting in a net portfolio growth of $10.6 billion. Continue Reading Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April
Canadian Home Sales Flattened in April
The non-seasonally adjusted national average home price was $679,866 in April, down 3.9% from one year before. Continue Reading Canadian Home Sales Flattened in April
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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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