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Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Qualification can be obtained through 12 months of personal or business bank statements, or one year’s full documentation. Continue Reading Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Qualification can be obtained through 12 months of personal or business bank statements, or one year’s full documentation. Continue Reading Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Builder Confidence Rises Despite Market Challenges
There was a new rush of optimism in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which found builder confidence at a 37 level, up five points from September and the highest reading since April. Readings over 50...
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...
NEWS & CURRENT EVENTS
Housing Supply Drops to 2-Year Low
Redfin attributed the decline to sellers responding to sluggish homebuyer activity, with sales far below pre-pandemic levels. Continue Reading Housing Supply Drops to 2-Year Low
Compass Acquires Anywhere Real Estate for $1.6 Billion in All-Stock Transaction
This transaction will bring together approximately 340,000 real estate professionals globally onto a shared network operating in every major US city and approximately 120 countries and territories. Continue Reading Compass Acquires Anywhere Real Estate for $1.6 Billion in All-Stock Transaction
Peachtree Group Recruits Billy Gilchrist as SVP of Originations
In his new role, Gilchrist will be responsible for originating commercial real estate and hotel investments across Peachtree’s lending platform. Continue Reading Peachtree Group Recruits Billy Gilchrist as SVP of Originations
Stellar MLS in Data Access Pact with Miami Association of Realtors
. The collaboration between Florida’s two largest MLSs will expand listing visibility across Miami, Tampa, and Orlando. Continue Reading Stellar MLS in Data Access Pact with Miami Association of Realtors
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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.
Anyone.com, a New Platform for Residential Real Estate Sales, is Launched
The platform offers a database of over 31 million properties for sale worldwide. Continue Reading Anyone.com, a New Platform for Residential Real Estate Sales, is Launched
Report: Typical Home Seller Wants 9% More Than the Typical Buyer Is Willing to Pay
While the median list price rose 6.2% year-over-year in March. the median sale price only rose by 2.5% Continue Reading Report: Typical Home Seller Wants 9% More Than the Typical Buyer Is Willing to Pay
Q1 US Homeownership Rate Down Slightly
The first quarter homeownership rate was highest in the Midwest (69.3%), followed by the South (67.1%), then the Northeast (61.0%) and the West (60.6%). Continue Reading Q1 US Homeownership Rate Down Slightly
Manufactured Housing Market Forecast to Reach $390 Billion by 2034
The forecast noted that Texas, Florida, and California are among the leading states for manufactured home shipments and community development. Continue Reading Manufactured Housing Market Forecast to Reach $390 Billion by 2034
New Data Reports Find Home Prices Rising at Slower Pace
The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 3.9% annual return for February. Continue Reading New Data Reports Find Home Prices Rising at Slower Pace
Phoenix Man Fined by State for Real Estate Investment Fraud
Gary Martin spent investor funds on personal expenses, including the payment of his mother’s rent. Continue Reading Phoenix Man Fined by State for Real Estate Investment Fraud
NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump
State Sen. Brad Hoylman-Sigal said, “We must hold our government officials to the highest standard.” Continue Reading NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump
Investor Indicted in $7 Million Brooklyn Deed Fraud Theft
Wing Fung Chau was arraigned on two counts of first-degree grand larceny and three counts of first-degree falsifying business records. Continue Reading Investor Indicted in $7 Million Brooklyn Deed Fraud Theft
Washington Commanders Announce Plans for New Stadium at DC’s RFK Site
The NFL’s Washington Commanders have agreed to a deal with the District of Columbia that will result in creation of a nearly $4 billion, 65,000-seat stadium on the site of Robert F. Kennedy (RFK) Memorial Stadium. According to combined media reports, the stadium is...
Marriott Acquires CitizenM Hotel Brand for $355 Million
Marriott is now forecasting its full year 2025 net rooms growth to approach 5%. Continue Reading Marriott Acquires CitizenM Hotel Brand for $355 Million
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