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More Than Two-Thirds of EU Households are Homeowners
Germany was the only EU country where tenants (53% of the population) were in greater numbers than homeowners. Continue Reading More Than Two-Thirds of EU Households are Homeowners
More Than Two-Thirds of EU Households are Homeowners
Germany was the only EU country where tenants (53% of the population) were in greater numbers than homeowners. Continue Reading More Than Two-Thirds of EU Households are Homeowners
FICO Debuts Program to Sell Credit Scores Directly to Lenders
FICO (NYSE: FICO) has announced a new program that bypasses the three major credit bureaus and enables the direct sale of the company’s credit scores to lenders. According to the company, the FICO Mortgage Direct License Program, the mortgage credit specialists known...
Ground Broken for New 10,000-Seat Arena in Reno
Reno-based Grand Sierra Resort (GSR) announced the groundbreaking on its new 10,000-seat arena that will be the future home of the University of Nevada men's basketball team. The $435 million GSR Arena will span 300,000 square feet and seat up to 10,000 guests. The...
Mortgage Rates Rise for Second Straight Week
Mortgage rates increased for the second consecutive week, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.34% as of Oct. 2, up from last week when it averaged 6.30%. A year ago...
NEWS & CURRENT EVENTS
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
California Leads Nation with Most Q2 At-Risk Housing Markets
In 19% (111) of the 579 counties with sufficient data to analyze, residents needed to spend at least half of their annualized wages to purchase and maintain a home in the second quarter. Continue Reading California Leads Nation with Most Q2 At-Risk Housing Markets
FHFA’s Pulte: ‘Jay Powell Doesn’t Like Our President’
Pulte refused to answer questions on the mortgage fraud allegations raised against Trump ally Ken Paxton. Continue Reading FHFA’s Pulte: ‘Jay Powell Doesn’t Like Our President’
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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.
SDS Capital Group Launches $1 Billion Fund Aimed at Affordable Housing Creation
SDSID is expected to finance more than $1 billion of new housing units over the next 18 months. Continue Reading SDS Capital Group Launches $1 Billion Fund Aimed at Affordable Housing Creation
Multiply Mortgage Raises $23.5 Million in Series A Funding
Multiple Mortgage’s services are available in 45 states and the District of Columbia. Continue Reading Multiply Mortgage Raises $23.5 Million in Series A Funding
FHLBank Atlanta to Provide $50 Million for Affordable Housing Grants
Applications for the grants begins on April 21 and will be accepted through May 22. Continue Reading FHLBank Atlanta to Provide $50 Million for Affordable Housing Grants
New York State’s Housing Inventory at Record-Setting Low
Home prices soared by 15.4% year-over-year, from a median of $378,000 in February 2024 to $436,125 last month. Continue Reading New York State’s Housing Inventory at Record-Setting Low
Florida Home Sales Down Despite Rising Inventory Levels
The statewide median sales price for single-family existing homes last month was $415,000. Continue Reading Florida Home Sales Down Despite Rising Inventory Levels
Wisconsin Home Sales Up 7%, Median Home Price Up 11%
During February, Wisconsin’s housing market had 16,037 listings, a 0.4% uptick from the 15,972 one year before. Continue Reading Wisconsin Home Sales Up 7%, Median Home Price Up 11%
San Francisco Bay Area Indian Tribe Asks Trump for Transfer of Presidio
The 614-member Muwekma Ohlone Tribe said its ancestors inhabited the land where the Presidio now stands. Continue Reading San Francisco Bay Area Indian Tribe Asks Trump for Transfer of Presidio
Four Seasons in Partnership on New Luxury Complex in Washington, DC
The new development will be built on the site of a former heating plant. Continue Reading Four Seasons in Partnership on New Luxury Complex in Washington, DC
Champion Homes Debuts Manufactured Duplex Series
The Concord Duplex series is available now across the 48 contiguous states. Continue Reading Champion Homes Debuts Manufactured Duplex Series
Modular Housing Firm Boxabl Reserves Nasdaq Symbol
Boxabl raised over $170 million from more than 40,000 investors since it launched in 2017. Continue Reading Modular Housing Firm Boxabl Reserves Nasdaq Symbol
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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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