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Trump Says He Made His Pick for Next Fed Chairman
Trump said, “I know who I am going to pick, yeah. We’ll be announcing it.” Continue Reading Trump Says He Made His Pick for Next Fed Chairman
Trump Says He Made His Pick for Next Fed Chairman
Trump said, “I know who I am going to pick, yeah. We’ll be announcing it.” Continue Reading Trump Says He Made His Pick for Next Fed Chairman
Q3 Home Sales Profits Near 50% Margin
Homeowners, on average, made a 49.9% profit selling single-family homes and condos during the third quarter, up from a 49.3% profit margin in the previous quarter but down from the 55.4% average profit in the third quarter of 2024. The profit margin is the percent...
NYC Median Rent Up 5.4% from Last Year
The median asking rent in New York City reached $3,599 during the third quarter, up 5.4% from one year ago, according to the latest NYC Rent Report from Realtor.com. The current median rent for the city’s residents is now 20.2% higher than it was prior to the...
Canadian Home Sales at 4-Year High for the Month of September
Home sales across Canada were down by 1.7% month-over-month during September, marking the first decline six months. However, activity was also 5.2% above September 2024 and, last month was the best September for sales since 2021. According to data from the Canadian...
NEWS & CURRENT EVENTS
Mortgage Application Activity Records Slight Uptick
Among the federal programs, the FHA share of total applications decreased to 15.7% from 16.3% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
Ex-Pennsylvania Township Tax Collector Pleads Guilty to Embezzling Property Taxes
Karen McGinnis pleaded guilty to one count of embezzlement of public funds. Continue Reading Ex-Pennsylvania Township Tax Collector Pleads Guilty to Embezzling Property Taxes
Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
Eric Drinkwater was licensed with RE/MAX Central since 2005. Continue Reading Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
Virginia Home Sales Hold Steady Amid Surge in New Listings
The statewide median sales price reached $430,000, a 3.6% increase from August 2024. Continue Reading Virginia Home Sales Hold Steady Amid Surge in New Listings
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
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
Vietnam Approves Trump Organization’s Golf Resort Real Estate Project
The projects will encompass a golf course the size 336 American football fields, residential areas, commercial spaces and parks. Continue Reading Vietnam Approves Trump Organization’s Golf Resort Real Estate Project
Voice of America’s DC HQ Listed for Sale
The million-square-foot property was constructed in 1940. Continue Reading Voice of America’s DC HQ Listed for Sale
New NAR Study: Housing Affordability Gap Remains in Place
NAR found that households earning $100,000 annually can currently afford only 37.1% of home listings. Continue Reading New NAR Study: Housing Affordability Gap Remains in Place
Tech Trends: Keeping Track of Today’s Business, Meeting Tomorrow’s Tech Leaders
The US tenant billing software market is anticipated to reach $488.27 million by 2032. Continue Reading Tech Trends: Keeping Track of Today’s Business, Meeting Tomorrow’s Tech Leaders
Mortgage Rates Inch Up
The 30-year fixed-rate mortgage averaged 6.81% as of May 15. Continue Reading Mortgage Rates Inch Up
Builder Confidence Drops, Albeit with a Significant Asterisk Attached
Builder confidence took a sizable stumble this month amid concerns of tariffs, interest rates and an uncertain economic outlook. However, the National Association of Home Builders (NAHB) stressed that its Housing Market Index (HMI) data was culled prior to the May 12...
Zillow: New Listings Are Outpacing Home Sales
New listings were up year-over-year in 44 of the 50 largest metros. Continue Reading Zillow: New Listings Are Outpacing Home Sales
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