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CMBS Delinquency Rate Down for November
November marked only fourth time this year that the overall CMBS delinquency rate decreased. Continue Reading CMBS Delinquency Rate Down for November
CMBS Delinquency Rate Down for November
November marked only fourth time this year that the overall CMBS delinquency rate decreased. Continue Reading CMBS Delinquency Rate Down for November
169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
A 169-unit portfolio of Connecticut affordable housing complexes was sold for $39.7 million. The portfolio consists of the 10-story, 116-unit Kimberly Place in Danbury and the five-story 53-unit One Leonard in Norwalk. Both properties are set aside for senior...
Corcoran Group Announces First Franchise in New Mexico
Corcoran Group LLC announced its first New Mexico franchise with the launch of Corcoran Plaza Properties. Located in Santa Fe and led by Broker/Owner and CEO Rob Thorwald, the firm will serve clients across the New Mexico capital city and in the surrounding areas up...
Kendra Newman Named General Counsel at Keller Williams
Austin-headquartered Keller Williams Realty LLC (KW) has promoted Kendra Newman to general counsel. Newman joined KW in August 2021 as vice president and deputy general counsel. Previously, she served as senior vice president and senior associate general counsel at...
NEWS & CURRENT EVENTS
Experian Updates System to Enable Review of Consumer Rent Histories and Payments
“We’re helping renters take control of their housing journey,” said Manjit Sohal, vice president of product management for Experian Housing. Continue Reading Experian Updates System to Enable Review of Consumer Rent Histories and Payments
Crittora Introduces Tool for Combating Wire Fraud in Real Estate Closings
The new platform’s features include identity-locked encryption that only allows the intended recipient to access a document. Continue Reading Crittora Introduces Tool for Combating Wire Fraud in Real Estate Closings
Mortgage Application Activity Drops by 1.2%
The FHA share of total applications increased to 19.9% from 19.1% the week prior. Continue Reading Mortgage Application Activity Drops by 1.2%
PennyMac Correspondent Group to Launch Non-QM Products
Pennymac intends to retain servicing on all non-QM products. Continue Reading PennyMac Correspondent Group to Launch Non-QM Products
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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.
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
A Phil Hall Op-Ed: Save the CDFI Fund from Trump’s Chopping Block
This federal entity has no history of fraud or waste. Continue Reading A Phil Hall Op-Ed: Save the CDFI Fund from Trump’s Chopping Block
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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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