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Virginia Home Sales Jumped by 3.1% in October
The statewide median sales price was $430,000, a $15,000 or 3.6% increase from October 2024. Continue Reading Virginia Home Sales Jumped by 3.1% in October
Virginia Home Sales Jumped by 3.1% in October
The statewide median sales price was $430,000, a $15,000 or 3.6% increase from October 2024. Continue Reading Virginia Home Sales Jumped by 3.1% in October
MISMO Releases AI Glossary for Mortgage Finance Industry
MISMO, the real estate finance industry's standards organization, has published the Artificial Intelligence (AI) Glossary, a resource designed to establish a shared vocabulary for AI across mortgage finance. According to the organization, the new resource brings...
New Cricket Stadium Planned for Metro Atlanta Area
Development has begun on the first cricket stadium in Georgia. Atlanta News First reports the real estate developer Selig Enterprises sold 45 acres in the Atlanta suburb of LaGrange to DAS Cricket Academy and the NJ Blackcaps, a professional cricket club based in New...
FinCEN Delays Implementing Residential Real Estate Transfers Rule
The Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is postponing the reporting requirements of its Anti-Money Laundering Regulations for Residential Real Estate Transfers Rule (RRE Rule) until March 1, 2026. The RRE rule mandates that...
NEWS & CURRENT EVENTS
Compass Announces Addition of Colorado Home Realty
Founded in 2005, CHR closed $617.2 million in sales volume during 2024. Continue Reading Compass Announces Addition of Colorado Home Realty
Mortgage Rates Continue to Fall
“As rates continue to drop, the number of homeowners who have the opportunity to refinance is expanding,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Continue to Fall
CFPB’s Vought: Government Accountability Office ‘Should Not Exist’
Gene Dodaro, the comptroller general of the GAO, said, “Clearly Russell Vought does not value transparency and accountability.” Continue Reading CFPB’s Vought: Government Accountability Office ‘Should Not Exist’
Report: DOJ Begins Criminal Probe into Mortgage Fraud Accusations Against Fed Gov. Lisa Cook
It is unclear how long the DOJ probe will take to complete. Continue Reading Report: DOJ Begins Criminal Probe into Mortgage Fraud Accusations Against Fed Gov. Lisa Cook
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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.
Two-Thirds of Condos Sold at Less Than Asking Price in February
Redfin attributed the problems impacting the condo sector to rising insurance costs and new safety regulations that caused HOA fees to soar Continue Reading Two-Thirds of Condos Sold at Less Than Asking Price in February
Crescent Seas Adds Second Ship to Nautical Residential Portfolio
The Insignia will feature 290 residences priced from $650,000 to $10 million. Continue Reading Crescent Seas Adds Second Ship to Nautical Residential Portfolio
Mortgage Rates Continue to Decline
The 30-year fixed-rate mortgage averaged 6.64% as of April 3. Continue Reading Mortgage Rates Continue to Decline
Avanti Residential Unveils LIHTC-Focused Affiliate
The new Tampa-based affiliate will initially focus on high-growth metropolitan markets. Continue Reading Avanti Residential Unveils LIHTC-Focused Affiliate
Toronto Home Sales and Prices in Decline
The average selling price at $1.09 million represented a 2% decline from one year earlier. Continue Reading Toronto Home Sales and Prices in Decline
Private Connecticut Island Relisted at Discount
Burr Island is part of the Thimble Islands, an archipelago of 365 small islands in Stony Creek Harbor off the central Connecticut coast. Continue Reading Private Connecticut Island Relisted at Discount
M&G Promotes Martin Towns to Global Head of Real Estate
He will replace Tony Brown, who is retiring after a 35-year career and relocating to Australia. Continue Reading M&G Promotes Martin Towns to Global Head of Real Estate
National Public Housing Museum to Open in Chicago
The museum is based in the last remaining building in the Jane Addams Homes, one of Chicago’s oldest federal housing projects. Continue Reading National Public Housing Museum to Open in Chicago
Tara Brown Named CEO at Peerage Realty Partners
She replaces Gavin Swartzman, who retired as CEO on March 31. Continue Reading Tara Brown Named CEO at Peerage Realty Partners
Survey: Only 21% of Agents Would Recommend a Career in Real Estate
More than one-third of women reported they encountered sexism in the industry. Continue Reading Survey: Only 21% of Agents Would Recommend a Career in Real Estate
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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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