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Real Estate Finance Firm KV Capital Expands to Toronto
The new office is the company’s third location, joining its Edmonton headquarters that opened in 2006 and a Calgary office that opened in 2023. Continue Reading Real Estate Finance Firm KV Capital Expands to Toronto
Real Estate Finance Firm KV Capital Expands to Toronto
The new office is the company’s third location, joining its Edmonton headquarters that opened in 2006 and a Calgary office that opened in 2023. Continue Reading Real Estate Finance Firm KV Capital Expands to Toronto
Mortgage Application Payment Levels Down in August
The national median mortgage payment applied for by loan applicants decreased to $2,100 from $2,127 in August, according to data from the Mortgage Bankers Association (MBA). However, it was also up by $43 from one year ago, equal to a 2.1% increase. The national...
Mortgage Rates Inch Up Slightly
Mortgage rates inched up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of Sept. 25, up from last week when it averaged 6.26%. A year ago at this time, it averaged 6.08%. The...
Existing Home Sales Remain Flat
Existing home sales were mostly flat in August, dipping by a scant 0.2% from July to a seasonally adjusted annual rate of 4 million, according to the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.8%. Regionally, month-over-month...
NEWS & CURRENT EVENTS
Acres.com Debuts Tool to Track Residential Market Growth
The tool can identify the people behind holding companies and shell entities involved in land deals. Continue Reading Acres.com Debuts Tool to Track Residential Market Growth
Canada Invests $45 Million for Ottawa Rental Housing Complex
The Bayview Wateridge development is located in the Rockcliffe community within a few minutes of downtown Ottawa. Continue Reading Canada Invests $45 Million for Ottawa Rental Housing Complex
Aldi to Open First Grocery Store in Manhattan
The 25,000-square-foot store will be on 42nd Street near Times Square. Continue Reading Aldi to Open First Grocery Store in Manhattan
A Phil Hall Op-Ed: Is Trump Fighting Mortgage Fraud or Trying to Seize the Fed?
After Trump’s announcement went live last night, US stock futures and international stock markets went into decline out of fear that the Fed’s independence was under attack. Continue Reading A Phil Hall Op-Ed: Is Trump Fighting Mortgage Fraud or Trying to Seize the Fed?
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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.
Former Quebec Penitentiary to be Transferred to Canada Lands Company
CLC’s plans for the site were not announced. Continue Reading Former Quebec Penitentiary to be Transferred to Canada Lands Company
Denver’s Rampart Medical Campus Sells for $8.6 Million
The two buildings last changed hands in December 2019 in an $18.8 million transaction. Continue Reading Denver’s Rampart Medical Campus Sells for $8.6 Million
Matthew Brown Named CFO / Treasurer at Seven Hills Realty Trust
Brown is a senior vice president of The RMR Group (NASDAQ: RMR), an alternative asset management company. Continue Reading Matthew Brown Named CFO / Treasurer at Seven Hills Realty Trust
Rocket Companies Acquires Redfin for $1.75 Billion
“Rocket and Redfin have a unified vision of a better way to buy and sell homes,” said Varun Krishna, CEO of Rocket Companies. Continue Reading Rocket Companies Acquires Redfin for $1.75 Billion
Nigerian National Extradited for Multi-Million Dollar Florida Mortgage Fraud Scheme
Okechukwu Josiah Odunna, was arrested by Nigerian authorities last September. Continue Reading Nigerian National Extradited for Multi-Million Dollar Florida Mortgage Fraud Scheme
HUD Delays Biden’s Energy Codes Implementation for 6 Months
NAHB Chairman Buddy Hughes called this “an important step forward to help ease the nation’s housing affordability crisis.” Continue Reading HUD Delays Biden’s Energy Codes Implementation for 6 Months
CVS to Open 12 Mini-Stores Focused on Pharmacy Services
CVS is planning to close 270 locations this year after 800 net closures during the past three years. Continue Reading CVS to Open 12 Mini-Stores Focused on Pharmacy Services
SBA to Relocate Regional Offices Out of 6 Sanctuary Cities
The regional offices in Atlanta, Boston, Chicago, Denver, New York City, and Seattle will be moved in the coming months. Continue Reading SBA to Relocate Regional Offices Out of 6 Sanctuary Cities
Elon Musk’s xAI Buys 1 Million SF Facility in Memphis
xAI’s specific plans for the facility were not disclosed in the news announcement. Continue Reading Elon Musk’s xAI Buys 1 Million SF Facility in Memphis
Maui Mayor: ‘Housing Remains One of the Most Pressing Challenges’
“The County is on track to contribute to nearly 620 completed units last year,” said Mayor Richard Bissen. Continue Reading Maui Mayor: ‘Housing Remains One of the Most Pressing Challenges’
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