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Mortgage Delinquency Rate Up During Q3
The delinquency rate was up 6 basis points from the second quarter and up 7 basis points from the third quarter of 2024. Continue Reading Mortgage Delinquency Rate Up During Q3
Mortgage Delinquency Rate Up During Q3
The delinquency rate was up 6 basis points from the second quarter and up 7 basis points from the third quarter of 2024. Continue Reading Mortgage Delinquency Rate Up During Q3
Mortgage Rates Continue to Fall
Mortgage rates continued to decline in the latest its Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.26% as of Sept. 18, down from last week when it averaged 6.35%. A year ago at this time, it averaged...
Trump Files Emergency Request with Supreme Court to Fire Lisa Cook
The Trump administration has made an emergency request to the US Supreme Court to decide whether he has the authority to fire Federal Reserve Gov. Lisa Cook. The request follows an appeals court decision on Monday that rejected Trump’s efforts to fire Cook ahead of...
Q2 Home Flipping Profit Margins Drop to 17-Year Low
A total of 78,621 single-family homes and condominiums were flipped in the second quarter, accounting for 7.4% of home sales during that three-month period. According to data from ATTOM, the second quarter’s activity was down from the first quarter when flipped homes...
NEWS & CURRENT EVENTS
Existing Home Sales Up 2%
The $422,400 median existing-home price for all housing types last month was up by 0.2% from the $421,400 price set one year ago, Continue Reading Existing Home Sales Up 2%
15% of Home Purchase Agreements Fell Through in July
San Antonio led the nation with 730 aborted home-purchase agreements in July, equal to 22.7% of homes that went under contract last month. Continue Reading 15% of Home Purchase Agreements Fell Through in July
Zombie Properties on the Rise
“Vacant and zombie homes can hurt the value of surrounding properties and start a negative spiral in a local housing market,” said Rob Barber, CEO of ATTOM. Continue Reading Zombie Properties on the Rise
Single-Family Built-for-Rent Construction Down in Q2
Approximately 12,000 SFBFRs were started, down from 25,000 starts in the second quarter of 2024. Continue Reading Single-Family Built-for-Rent Construction Down in Q2
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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.
Report: Compass in Discussions to Acquire Warren Buffett-Owned Brokerage
The potential acquisition price is uncertain. Continue Reading Report: Compass in Discussions to Acquire Warren Buffett-Owned Brokerage
Senate Confirms Bill Pulte to Become FHFA Director
Three Democrats joined the Republican majority in confirming Pulte. Continue Reading Senate Confirms Bill Pulte to Become FHFA Director
The Most Expensive Home Sale in February Is…
Coastal Florida boasted seven of February’s 10 highest-priced home sales. Continue Reading The Most Expensive Home Sale in February Is…
Mortgage Applications for New Home Purchases Down in February
By product type, conventional loans composed 56.7% of loan applications while FHA loans accounted for 32.1%. Continue Reading Mortgage Applications for New Home Purchases Down in February
Canada to Spend $365 Million for Building 767 Rental Homes in Toronto
Of the 767 new rental homes, 384 will be affordable and at least 20% of the units will meet accessibility standards. Continue Reading Canada to Spend $365 Million for Building 767 Rental Homes in Toronto
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.65% as of March 13, up slightly from last week when it averaged 6.63%. Continue Reading Mortgage Rates Remain Flat
Mid-Atlantic Home Sales Slumped in February
Philadelphia recorded 4,631 new pending sales, the lowest February total in more than a decade. Continue Reading Mid-Atlantic Home Sales Slumped in February
The Market with the Highest Potential SFR Returns Is…
The report analyzed single-family rental returns in 361 counties with sufficient rental and home-price data. Continue Reading The Market with the Highest Potential SFR Returns Is…
New Hampshire Home Sales Up Despite Decline in New Listings
For New Hampshire’s condo/townhome sector, there were 220 closed sales, down 4.3% from one year ago Continue Reading New Hampshire Home Sales Up Despite Decline in New Listings
Nobu Hospitality Expands into the Netherlands
The new destinations were developed in partnership with Dutch real estate firm Breevast. Continue Reading Nobu Hospitality Expands into the Netherlands
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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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