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Mortgage Application Activity Tumbles by 5.2%
The FHA share of total applications increased to 19.9% from 19.4% the week prior. Continue Reading Mortgage Application Activity Tumbles by 5.2%
Mortgage Application Activity Tumbles by 5.2%
The FHA share of total applications increased to 19.9% from 19.4% the week prior. Continue Reading Mortgage Application Activity Tumbles by 5.2%
Forecast Warns of 10% Spike in Electric Heating Costs This Winter
Households that heat their residences with electricity could see a 10.2% increase in their winter heating bills to an average of $1,205 this year, up from $1,093 last winter. According to a forecast from the National Energy Assistance Directors Association (NEADA),...
Florida Records Surge in Pending Home Sales
Florida recorded 21,798 closed sales of existing single-family homes in August, down 3.9% year-over-year, while existing condo-townhouse sales totaled 7,424, down 6% from one year earlier. According to data from Florida Realtors, new pending sales of single-family...
California Man Sentenced for Belize-Based Real Estate Scam
A California man was sentenced to eight years in prison for coordinating real estate scam in Belize that defrauded hundreds of victims out of approximately $77 million. Newport Beach-based Andris Pukke, who also went by the aliases Marc Romeo and Andy Storm,...
NEWS & CURRENT EVENTS
New Data Reports Affirm Home Prices Are Still on the Rise
The FHFA reported second quarter house prices were up year-over-year in 46 states. Continue Reading New Data Reports Affirm Home Prices Are Still on the Rise
Arizona Couple Sued for Running Foreclosure Rescue Schemes
Edward Trenton Albarracin and Gretchen Marie Zamjahn operated more than 50 fraudulent entities. Continue Reading Arizona Couple Sued for Running Foreclosure Rescue Schemes
21 State Attorneys General Blast Mortgage Fraud Probe of Letitia James as ‘Harassment and Intimidation’
The attorneys general slammed Ed Martin’s behavior in directing the probe. Continue Reading 21 State Attorneys General Blast Mortgage Fraud Probe of Letitia James as ‘Harassment and Intimidation’
ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
The development will feature more than 3.5 acres of retail pad sites, which are available for ground lease. Continue Reading ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
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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.
Four Real Estate Scammers Indicted for NYC Deed Theft Schemes
The victims included an 82-year-old woman and a 76-year-old woman. Continue Reading Four Real Estate Scammers Indicted for NYC Deed Theft Schemes
Q4 Renter Population Up by Less Than 1%
Home prices are more than 40% above pre-pandemic levels and rent prices are roughly 20% above pre-pandemic levels. Continue Reading Q4 Renter Population Up by Less Than 1%
Mortgage Applications Down, Homeowner Equity Up
“Overall, purchase application volume is up 6% compared to last year at this time,” said MBA’s Mike Fratantoni. Continue Reading Mortgage Applications Down, Homeowner Equity Up
Report: Las Vegas Has Greatest Shortage of Affordable Housing for Extremely Low-Income Renters
Dallas, Austin, San Diego and Houston also have shortages of affordable housing. Continue Reading Report: Las Vegas Has Greatest Shortage of Affordable Housing for Extremely Low-Income Renters
Hawaiian Legislators Consider Redefining ‘Historic Property’
The state’s current definition of “historic property” is entirely age-focused. Continue Reading Hawaiian Legislators Consider Redefining ‘Historic Property’
California Records Highest Home Sales in Over 2 Years
The statewide median home price of $829,060 represented a 1.2% drop from January’s $838,850 price. Continue Reading California Records Highest Home Sales in Over 2 Years
14,500-Seat NWSL Stadium Announced for Denver
The venue is scheduled to open in the spring of 2028. Continue Reading 14,500-Seat NWSL Stadium Announced for Denver
HUD Secretary Turner Would Like to Move Agency from HQ Building
The building was added to the National Register of Historic Places in 2008. Continue Reading HUD Secretary Turner Would Like to Move Agency from HQ Building
Sotheby’s International Realty Opens First Philippines Office
The new Philippines Sotheby’s International Realty is headquartered in Makati, the nation’s financial and commercial hub. Continue Reading Sotheby’s International Realty Opens First Philippines Office
Ryan Serhant Opens Arizona Office, His First Outside of East Coast
Serhant, whose company operates in nine East Coast states, Continue Reading Ryan Serhant Opens Arizona Office, His First Outside of East Coast
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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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