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Mortgage Rates Decline Ahead of Thanksgiving
The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. Continue Reading Mortgage Rates Decline Ahead of Thanksgiving
Mortgage Rates Decline Ahead of Thanksgiving
The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. Continue Reading Mortgage Rates Decline Ahead of Thanksgiving
Trump to Push Builders to Increase Home Construction
President Trump announced that he is beginning a campaign to encourage the nation’s homebuilders to create more residences. In a post on Truth Social, Trump stated, “Before I became President, ‘OPEC’ kept Oil prices high. It wasn’t right for them to do that but, in a...
Report: 72% More Condo Sellers Than Buyers
A new data report by the Rocket Companies (NYSE: RKT) division Redfin has determined there were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide during August. This marked the fifth straight month in which there have been at least 70% more...
Massachusetts Real Estate Broker Indicted on Embezzlement Charges
The owner of a defunct Massachusetts real estate brokerage has been indicted for embezzlement. Boston 25 News reports Stephen D. Webster, broker and principal with Success! Real Estate in Marshfield, was accused of detouring more than $11.6 million in client escrow...
NEWS & CURRENT EVENTS
Florida Lawmakers Will Not Pursue DeSantis Agenda on Property Tax Reform
Last month, DeSantis pledged to put forth a “concrete proposal” that will either end or severely slash his state’s property taxes. Continue Reading Florida Lawmakers Will Not Pursue DeSantis Agenda on Property Tax Reform
Eric Plesman to Become President and CEO at Oxford Properties Group
Plesman most recently served as head of global real estate at HOOPP. Continue Reading Eric Plesman to Become President and CEO at Oxford Properties Group
David S. Kallery Named President at Pacaso
Kallery most recently served as president and chief operating officer at Inspirato. Continue Reading David S. Kallery Named President at Pacaso
TenFifty Capital Launches as Lending Platform for European Commercial Real Estate
TenFifty launches with presence in Amsterdam, Berlin, London and Madrid, and it will invest throughout core European markets. Continue Reading TenFifty Capital Launches as Lending Platform for European Commercial Real Estate
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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.
United Wholesale Mortgage in AI Partnership with Google Cloud
UWM will integrate Google Cloud AI and machine learning tools into its lending platform. Continue Reading United Wholesale Mortgage in AI Partnership with Google Cloud
Sterling Organization Acquires Bay Area Shopping Center for $61.1 Million
The property is anchored by a 25,191-square-foot Safeway grocer and a 14,500-square-foot CVS Pharmacy. Continue Reading Sterling Organization Acquires Bay Area Shopping Center for $61.1 Million
Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment
Among homeowners, Redfin found roughly one in eight (13%) said they sold stocks to help fund their down payment. Continue Reading Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment
Port of Seattle Files Appeal to Prevent Residential Development in Industrial District
The Port said the rezoning “appears that substantially all of the developable land covered by the Council’s action is controlled by one property owner.” Continue Reading Port of Seattle Files Appeal to Prevent Residential Development in Industrial District
California Company Settles Charges of Predatory Practices and Unlawful Contracts
HomeOptions was accused of violating California’s Real Estate Law, state and federal telemarketing laws, and federal lending laws. Continue Reading California Company Settles Charges of Predatory Practices and Unlawful Contracts
Start-Up to Offer Continuing Education and Training for Mortgage Professionals
Next Level Education was co-founded by longtime mortgage industry professionals JR Huber and Debbie Gadberry. Continue Reading Start-Up to Offer Continuing Education and Training for Mortgage Professionals
Trump World Tower Seeks to Foreclose on Afghanistan’s UN Mission Over Unpaid Condo Fees
The condo board at New York City’s Trump World Tower is seeking to foreclose on a $4.2 million unit owned by the Permanent Mission of Afghanistan to the United Nations. According to combined media reports, Afghanistan purchased its unit in Trump World Tower in 2009....
Former Black Rock Executive Named President of PNC
Mark Wiedman was a leading candidate to succeed BlackRock CEO Larry Fink. Continue Reading Former Black Rock Executive Named President of PNC
Move Drops Trade Secrets Lawsuit Against CoStar Group
“This lawsuit was a PR stunt from the start – ridiculous, and totally devoid of merit,” said Andy Florance, founder and CEO of CoStar Group. Continue Reading Move Drops Trade Secrets Lawsuit Against CoStar Group
Civil Rights Groups Urge Court to Reject CFPB Reversal of Townstone Financial Settlement
Among the groups seeking to maintain the settlement are the National Fair Housing Alliance, the American Civil Liberties Union, and the Consumer Federation of America. Continue Reading Civil Rights Groups Urge Court to Reject CFPB Reversal of Townstone Financial Settlement
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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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