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Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
Toronto Home Sales and Listings Rise While Prices Drop
A total of 5,592 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in September, an 8.5% year-over-year increase. This occurred with a 4% year-over-year uptick of new listings into the MLS System, resulting in a total of...
reAlpha Mortgage Expands into Nevada Marketplace
reAlpha Mortgage, a division of Dublin, Ohio-based reAlpha Tech Corp. (NASDAQ: AIRE), has expanded its operations into Nevada. To lead the expansion, reAlpha has appointed Jennifer Buserini as the company’s originating loan officer for Nevada. She was previously a...
Stacey Onnen Named President at HomeSmart
The Scottsdale, Arizona-headquartered real estate brokerage HomeSmart has recruited Stacey Onnen to become its president. Onnen was previously chief operating officer at Omnus Technologies. Earlier in her career, she was heads of operations and service at kwx of...
NEWS & CURRENT EVENTS
Senate Democrats Debut Bill to Assist Faith-Based Groups in Creating Affordable Housing
The legislation creates $50 million per year in grants for communities that adopt policies removing barriers to affordable housing on property owned by faith-based organizations or colleges. Continue Reading Senate Democrats Debut Bill to Assist Faith-Based Groups in Creating Affordable Housing
Report: Bill Pulte’s Father and Stepmother Claimed Primary Residence on 2 Different Homes
Tax officials in Bloomfield Township, Michigan, said the Pultes’ exemption was being immediately revoked. Continue Reading Report: Bill Pulte’s Father and Stepmother Claimed Primary Residence on 2 Different Homes
California Construction Firm CEO Arrested on Loan Fraud Charges
If convicted, Joey Wayne Mackey faces a maximum statutory penalty of 30 years in prison and a $1 million fine. Continue Reading California Construction Firm CEO Arrested on Loan Fraud Charges
National Average for Apartment Rents Down Slightly in August
This marks the second consecutive month of flat or negative monthly rent change. Continue Reading National Average for Apartment Rents Down Slightly in August
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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.
Russian Realtor Advised Women to Marry Ukraine-Bound Soldiers to Gain Widows’ Compensation
Marina Orlova was sentenced to 80 hours of community service. Continue Reading Russian Realtor Advised Women to Marry Ukraine-Bound Soldiers to Gain Widows’ Compensation
Starwood Capital Group Completes $800 Million Purchase of Portfolio of 11 Master-Planned Communities
“This is a high-quality portfolio created by a first-class investment manager and developer,” said Mike Moser, CEO of Starwood Land. Continue Reading Starwood Capital Group Completes $800 Million Purchase of Portfolio of 11 Master-Planned Communities
Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million
The property is 100% leased as the corporate headquarters for Skims Body Inc. Continue Reading Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million
Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme
Craig Douglas McMorran is now facing a new charge of fraud over $5,000. Continue Reading Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme
Q1 Sales Up 29% in Manhattan Luxury Apartment Market
58% of the sales in the quarter were all-cash deals. Continue Reading Q1 Sales Up 29% in Manhattan Luxury Apartment Market
Forecast: Increased Investment in Canadian Residential Construction Through 2034
The forecast also predicts residential sector construction employment will increase by 6% from 2024 levels to 2034. Continue Reading Forecast: Increased Investment in Canadian Residential Construction Through 2034
LendingOne in New Partnership with Proptech Blanket
LendingOne’s suite of investor loan solutions will be integrated directly into the Blanket platform. Continue Reading LendingOne in New Partnership with Proptech Blanket
Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud
Jyoteshna Karan and Praveen Singh Karan conspired to make straw purchases and short sales of approximately 15 homes. Continue Reading Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud
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
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